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Subsequent Events | 3 Months Ended
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Mar. 31, 2025
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events Subsequent to March 31, 2025, the Company entered into settlement agreements with certain C&P Insurers and received an aggregate of $226.7 million in cash insurance settlement proceeds. For more information, see Note 4. Flight equipment subject to operating lease. As a result, the Company expects to recognize a net benefit of $228.9 million in the second quarter of 2025, consisting of $226.7 million in cash insurance settlement proceeds and a benefit of approximately $2.2 million related to its equity interest in its managed fleet, which will be recognized under Recoveries of Russian fleet write-off in the Company’s consolidated statement of income and comprehensive income. On May 2, 2025, the Company’s board of directors approved quarterly cash dividends for the Company’s Class A common stock and Series B, Series C and Series D preferred stock. The following table summarizes the details of the dividends that were declared:
Title of each class |  | Cash dividend per share |  | Record Date |  | Payment Date
Class A Common Stock |  | $ | 0.22 |  |  | June 4, 2025 |  | July 9, 2025
Series B Preferred Stock |  | $ | 11.625 |  |  | May 31, 2025 |  | June 15, 2025
Series C Preferred Stock |  | $ | 10.3125 |  |  | May 31, 2025 |  | June 15, 2025
Series D Preferred Stock |  | $ | 15.00 |  |  | May 31, 2025 |  | June 15, 2025

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
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