2021 Q1 Form 10-Q Financial Statement

#000136298821000007 Filed on January 14, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q4 2020 Q3
Revenue $180.9M $171.3M
YoY Change -27.31% 19.02%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $14.40M $13.56M
YoY Change -21.68% 12.97%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $86.85M $86.75M
YoY Change -4.29% 42.91%
% of Gross Profit
Operating Expenses $176.0M $372.3M
YoY Change -1.69% 211.06%
Operating Profit
YoY Change
Interest Expense $60.02M $56.04M
YoY Change -5.89% 25.75%
% of Operating Profit
Other Income/Expense, Net -$493.0K -$203.0K
YoY Change -84.79% -97.39%
Pretax Income $15.29M $8.851M
YoY Change 19013.75% 142.16%
Income Tax $2.269M $13.02M
% Of Pretax Income 14.84% 147.1%
Net Earnings $2.712M -$213.5M
YoY Change -95.45% -1404.53%
Net Earnings / Revenue 1.5% -124.63%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 14.05K shares 14.05K shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q1 2020 Q4 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $578.0M $416.6M $416.6M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $35.38M $35.45M $34.88M
YoY Change 5.7% 7.5% -49.47%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $7.698B $7.792B $7.992B
YoY Change -3.87% -4.99% -3.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $5.967B $5.966B $6.168B
YoY Change -0.08% -2.99% -1.82%
SHAREHOLDERS EQUITY
Retained Earnings $245.3M $341.1M $338.4M
YoY Change -57.6% -43.64% -41.77%
Common Stock $1.486B $1.486B $1.486B
YoY Change 1.92% 2.65% 1.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.731B $1.827B $1.824B
YoY Change
Total Liabilities & Shareholders Equity $7.698B $7.792B $7.992B
YoY Change -3.87% -4.99% -3.94%

Cashflow Statement

Concept 2021 Q1 2020 Q4 2020 Q3
OPERATING ACTIVITIES
Net Income $2.712M -$213.5M
YoY Change -95.45% -1404.53%
Depreciation, Depletion And Amortization $86.85M $86.75M
YoY Change -4.29% 42.91%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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dei Entity Registrant Name
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c/o Aircastle Advisor LLC
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201 Tresser Boulevard, Suite 400
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CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-193000 USD
CY2020Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2019Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-198000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-191000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3987000 USD
CY2020Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-106000 USD
CY2019Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-7770000 USD
CY2020Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-493000 USD
CY2019Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3242000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-32791000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-14608000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2296000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
16490000 USD
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4409000 USD
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
66607000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-224580000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
139325000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9325000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1283000 USD
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2269000 USD
CY2019Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7659000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14738000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17280000 USD
CY2020Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
426000 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1160000 USD
CY2020Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
572000 USD
CY2019Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
601000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1978000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2281000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-11195000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
16367000 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
2712000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
59549000 USD
us-gaap Net Income Loss
NetIncomeLoss
-237340000 USD
us-gaap Net Income Loss
NetIncomeLoss
124326000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-11195000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
16367000 USD
CY2020Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2712000 USD
CY2019Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
59549000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-237340000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
124326000 USD
us-gaap Net Income Loss
NetIncomeLoss
-237340000 USD
us-gaap Net Income Loss
NetIncomeLoss
124326000 USD
us-gaap Depreciation
Depreciation
262806000 USD
us-gaap Depreciation
Depreciation
269689000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
10642000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
11105000 USD
ayr Amortizationof Lease Incentives Premiumsand Discounts Net
AmortizationofLeaseIncentivesPremiumsandDiscountsNet
17360000 USD
ayr Amortizationof Lease Incentives Premiumsand Discounts Net
AmortizationofLeaseIncentivesPremiumsandDiscountsNet
17077000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
12109000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
10512000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
28049000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
9793000 USD
ayr Proceedsfrom Collectionof Lease Investments
ProceedsfromCollectionofLeaseInvestments
12953000 USD
ayr Proceedsfrom Collectionof Lease Investments
ProceedsfromCollectionofLeaseInvestments
19081000 USD
ayr Security Deposits And Maintenance Payments Included In Earnings Net
SecurityDepositsAndMaintenancePaymentsIncludedInEarningsNet
107732000 USD
ayr Security Deposits And Maintenance Payments Included In Earnings Net
SecurityDepositsAndMaintenancePaymentsIncludedInEarningsNet
40496000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
24181000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
39134000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-108000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-7577000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
299551000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
7404000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
5255000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
0 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1991000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-219000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
55946000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6516000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
40780000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-6689000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1875000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2951000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-54608000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
16604000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
124380000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
410979000 USD
us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
134263000 USD
us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
953170000 USD
us-gaap Proceeds From Sale Of Flight Equipment
ProceedsFromSaleOfFlightEquipment
113588000 USD
us-gaap Proceeds From Sale Of Flight Equipment
ProceedsFromSaleOfFlightEquipment
345318000 USD
us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
4083000 USD
us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
13093000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
11681000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
594000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-3572000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-25352000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-629054000 USD
us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
-25536000 USD
us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
-9873000 USD
us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
25536000 USD
us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1193871000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2141848000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1027164000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1814686000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
108000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
7183000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6358000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
13343000 USD
ayr Security Depositsand Maintenance Payments Received Financing Activities
SecurityDepositsandMaintenancePaymentsReceivedFinancingActivities
63443000 USD
ayr Security Depositsand Maintenance Payments Received Financing Activities
SecurityDepositsandMaintenancePaymentsReceivedFinancingActivities
149195000 USD
ayr Security Depositsand Maintenance Payments Returned Financing Activities
SecurityDepositsandMaintenancePaymentsReturnedFinancingActivities
48162000 USD
ayr Security Depositsand Maintenance Payments Returned Financing Activities
SecurityDepositsandMaintenancePaymentsReturnedFinancingActivities
81351000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
24025000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
67453000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
151497000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
297154000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
250525000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
79079000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
171437000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
133299000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
421962000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
212378000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
416621000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
197817000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5341000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
14561000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
421962000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
212378000 USD
us-gaap Interest Paid Net
InterestPaidNet
176284000 USD
us-gaap Interest Paid Net
InterestPaidNet
204951000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1244000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
995000 USD
ayr Advance Lease Rentals Security Deposits Maintenance Payments Other Liabilitiesand Other Assets Assumedin Acquisitionof Flight Equipment
AdvanceLeaseRentalsSecurityDepositsMaintenancePaymentsOtherLiabilitiesandOtherAssetsAssumedinAcquisitionofFlightEquipment
29869000 USD
ayr Advance Lease Rentals Security Deposits Maintenance Payments Other Liabilitiesand Other Assets Assumedin Acquisitionof Flight Equipment
AdvanceLeaseRentalsSecurityDepositsMaintenancePaymentsOtherLiabilitiesandOtherAssetsAssumedinAcquisitionofFlightEquipment
28862000 USD
ayr Advance Lease Rentals Security Deposits Maintenance Payments Other Liabilitiesand Other Assets Settled In Sale Of Flight Equipment
AdvanceLeaseRentalsSecurityDepositsMaintenancePaymentsOtherLiabilitiesandOtherAssetsSettledInSaleOfFlightEquipment
45443000 USD
ayr Advance Lease Rentals Security Deposits Maintenance Payments Other Liabilitiesand Other Assets Settled In Sale Of Flight Equipment
AdvanceLeaseRentalsSecurityDepositsMaintenancePaymentsOtherLiabilitiesandOtherAssetsSettledInSaleOfFlightEquipment
62751000 USD
us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
6584000 USD
us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
62129000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
2036189000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
28049000 USD
us-gaap Net Income Loss
NetIncomeLoss
-228857000 USD
CY2020Q1 ayr Paymentsfor Unvestedequitybasedinstrumentson Merger Date
PaymentsforUnvestedequitybasedinstrumentsonMergerDate
25536000 USD
us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
25536000 USD
CY2020Q1 ayr Shares Canceledat Merger Date
SharesCanceledatMergerDate
74960937 shares
CY2020Q1 ayr Sharescanceledat Merger Datevalue
SharescanceledatMergerDatevalue
0 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
1835381000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-11195000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
1824186000 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
2712000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
1826898000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
1993867000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
0 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2864000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3818000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
22543000 USD
us-gaap Net Income Loss
NetIncomeLoss
48410000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
2021484000 USD
CY2019Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
7009000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2100000 USD
CY2019Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
22485000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
16367000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
2010457000 USD
CY2019Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2821000 USD
CY2019Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
23789000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
59549000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
2049038000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10.5pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10.5pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. While Aircastle believes the estimates and related assumptions used in the preparation of the consolidated financial statements are appropriate, actual results could differ from those estimates.</span></div>
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10.5pt;font-weight:700;line-height:120%">Lease Revenue Recognition</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10.5pt;font-weight:400;line-height:120%">We lease flight equipment under net operating leases with lease terms typically ranging from three to seven years. We generally do not offer renewal terms or purchase options in our leases, although certain of our operating leases allow the lessee the option to extend the lease for an additional term. Operating leases with fixed rentals and step rentals are recognized on a straight-line basis over the term of the initial lease, assuming no renewals. Operating lease rentals that adjust based on a London Interbank Offered Rate (“LIBOR”) index are recognized on a straight-line basis over the lease term using the prevailing rate at lease commencement. Changes to rate-based lease rentals are recognized in the statements of income (loss) in the period of change.</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10.5pt;font-weight:400;line-height:120%">In certain instances, we may provide lease concessions to customers, generally in the form of lease rental deferrals. While these deferral arrangements affect the timing of lease rental payments, the total amount of lease rental payments required over the lease term is generally the same as that which was required under the original lease agreement. We </span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10.5pt;font-weight:400;line-height:120%">account for the deferrals as if no modifications to the lease agreements were made and record the deferred rentals as a receivable within Other assets in our Consolidated Balance Sheets.</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10.5pt;font-weight:400;line-height:120%">If we determine that the collectability of rental payments is no longer probable (including any deferral thereof), we recognize lease rental revenue using a cash basis of accounting rather than an accrual method. In the period we conclude that collection of lease payments is no longer probable, we recognize any difference between revenue amounts recognized to date under the accrual method and payments that have been collected from the lessee, including security deposit amounts held, as a current period adjustment to lease rental revenue.</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10.5pt;font-weight:400;line-height:120%">The COVID-19 virus has had an unprecedented negative impact on the global economy, and in particular on the aviation sector. As a result of COVID-19, there has been a dramatic slowdown in air traffic, with many markets in near complete shutdown. According to the International Air Transport Association (“IATA”), as of November 2020, air travel was down to approximately 34% of normal levels and a full recovery to pre-pandemic levels is not expected for several years. Substantially all the world’s airlines are experiencing financial difficulties and liquidity challenges. While we believe the long-term demand for air travel will return to historical trends over time, the near-term impacts of the COVID-19 virus’ economic shock are material; the extent and duration of which cannot currently be determined.</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10.5pt;font-weight:400;line-height:120%">Airlines have been seeking to preserve liquidity through a combination of requesting government support, raising debt and equity, delaying or canceling new aircraft orders, furloughing employees, as well as requesting deferrals from lessors. We have agreed to defer near-term lease payments with certain of our airline customers, which they are obliged to repay over time. As of January 8, 2021, we have agreed to defer approximately $101,000 in near-term lease payments, including $76,460 that appear in our Consolidated Balance Sheets as components of Accounts receivable, Net investment in leases, or Other assets as of November 30, 2020. This represents approximately 15% of Lease rental and Direct financing and sales-type lease revenues for the twelve months ended November 30, 2020. Deferrals have been agreed to with 37 airlines, representing 46% of our customer base, and for an average deferral of five months of lease rentals. In certain situations, we have agreed to broader restructurings of contractual terms, for example obtaining better security packages, term extensions, or other valuable considerations in exchange for short-term economic concessions.</span></div>
CY2020Q4 ayr Iat Aestimatedpercentageofnormalairtraffic
IATAestimatedpercentageofnormalairtraffic
0.34
us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.46
CY2020 ayr Numberof Aircrafts Leasedto Bankrupt Customers
NumberofAircraftsLeasedtoBankruptCustomers
22 aircraft
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 USD
CY2019Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 USD
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
299551000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
299551000 USD
CY2020Q1 us-gaap Capital Leased Assets Number Of Units
CapitalLeasedAssetsNumberOfUnits
30 aircraft
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
175301000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
660667000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
572525000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
500271000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
373021000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
508869000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
2790654000 USD
CY2020Q4 ayr Numberof Offlease Aircraft Marketedfor Lease
NumberofOffleaseAircraftMarketedforLease
16 aircraft
CY2020Q3 ayr Numberof Offlease Aircraft Marketedfor Leaseor Sale
NumberofOffleaseAircraftMarketedforLeaseorSale
20 aircraft
CY2020Q1 ayr Numberof Offlease Aircraft Marketedfor Leaseor Sale
NumberofOffleaseAircraftMarketedforLeaseorSale
2 aircraft
CY2020Q4 us-gaap Property Subject To Or Available For Operating Lease Number Of Units
PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits
260 aircraft
CY2020Q3 us-gaap Property Subject To Or Available For Operating Lease Number Of Units
PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits
273 aircraft
CY2020Q1 us-gaap Property Subject To Or Available For Operating Lease Number Of Units
PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits
272 aircraft
CY2020Q4 us-gaap Capital Leased Assets Number Of Units
CapitalLeasedAssetsNumberOfUnits
24 aircraft
CY2020Q3 us-gaap Capital Leased Assets Number Of Units
CapitalLeasedAssetsNumberOfUnits
24 aircraft
CY2020Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases Minimum Payments To Be Received
CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived
111392000 USD
CY2020Q3 us-gaap Capital Leases Net Investment In Direct Financing Leases Minimum Payments To Be Received
CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived
117847000 USD
CY2020Q1 us-gaap Capital Leases Net Investment In Direct Financing Leases Minimum Payments To Be Received
CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived
166060000 USD
CY2020Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases Unguaranteed Residual Values Of Leased Property
CapitalLeasesNetInvestmentInDirectFinancingLeasesUnguaranteedResidualValuesOfLeasedProperty
204360000 USD
CY2020Q3 us-gaap Capital Leases Net Investment In Direct Financing Leases Unguaranteed Residual Values Of Leased Property
CapitalLeasesNetInvestmentInDirectFinancingLeasesUnguaranteedResidualValuesOfLeasedProperty
202189000 USD
CY2020Q1 us-gaap Capital Leases Net Investment In Direct Financing Leases Unguaranteed Residual Values Of Leased Property
CapitalLeasesNetInvestmentInDirectFinancingLeasesUnguaranteedResidualValuesOfLeasedProperty
266750000 USD
CY2020Q4 ayr Capital Leases Investment In Direct Financing And Sales Type Leasesbefore Allowance
CapitalLeasesInvestmentInDirectFinancingAndSalesTypeLeasesbeforeAllowance
315752000 USD
CY2020Q3 ayr Capital Leases Investment In Direct Financing And Sales Type Leasesbefore Allowance
CapitalLeasesInvestmentInDirectFinancingAndSalesTypeLeasesbeforeAllowance
320036000 USD
CY2020Q1 ayr Capital Leases Investment In Direct Financing And Sales Type Leasesbefore Allowance
CapitalLeasesInvestmentInDirectFinancingAndSalesTypeLeasesbeforeAllowance
432810000 USD
CY2020Q4 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
3714000 USD
CY2020Q3 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
2972000 USD
CY2020Q1 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
6558000 USD
CY2020Q4 us-gaap Capital Leases Net Investment In Direct Financing And Sales Type Leases
CapitalLeasesNetInvestmentInDirectFinancingAndSalesTypeLeases
312038000 USD
CY2020Q3 us-gaap Capital Leases Net Investment In Direct Financing And Sales Type Leases
CapitalLeasesNetInvestmentInDirectFinancingAndSalesTypeLeases
317064000 USD
CY2020Q1 us-gaap Capital Leases Net Investment In Direct Financing And Sales Type Leases
CapitalLeasesNetInvestmentInDirectFinancingAndSalesTypeLeases
426252000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6558000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
4513000 USD
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
8099000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
2972000 USD
CY2020Q4 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
742000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
3714000 USD
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
8099000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
CapitalLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
13449000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Receivable In Two Years
CapitalLeasesFutureMinimumPaymentsReceivableInTwoYears
32504000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Receivable In Three Years
CapitalLeasesFutureMinimumPaymentsReceivableInThreeYears
23811000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Receivable In Four Years
CapitalLeasesFutureMinimumPaymentsReceivableInFourYears
22628000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Receivable In Five Years
CapitalLeasesFutureMinimumPaymentsReceivableInFiveYears
6836000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Receivable Due Thereafter
CapitalLeasesFutureMinimumPaymentsReceivableDueThereafter
31130000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Receivable
CapitalLeasesFutureMinimumPaymentsReceivable
130358000 USD
CY2020Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Undiscounted Excess Amount
SalesTypeAndDirectFinancingLeasesLeaseReceivableUndiscountedExcessAmount
111392000 USD
CY2020Q4 ayr Differencebetweenthe Present Valueand Undiscounted Sales Typeand Direct Financing Lease Receivable
DifferencebetweenthePresentValueandUndiscountedSalesTypeandDirectFinancingLeaseReceivable
18966000 USD
CY2020Q1 us-gaap Equity Method Investments
EquityMethodInvestments
33470000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1406000 USD
CY2020Q3 us-gaap Equity Method Investments
EquityMethodInvestments
34876000 USD
CY2020Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
572000 USD
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
35448000 USD
CY2020Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4020000 USD
CY2020Q4 us-gaap Secured Debt
SecuredDebt
937603000 USD
CY2020Q4 ayr Numberof Aircraft Financed
NumberofAircraftFinanced
36 aircraft
CY2020Q3 us-gaap Secured Debt
SecuredDebt
962659000 USD
CY2020Q1 us-gaap Secured Debt
SecuredDebt
1012518000 USD
CY2020Q4 us-gaap Unsecured Debt
UnsecuredDebt
4130141000 USD
CY2020Q3 us-gaap Unsecured Debt
UnsecuredDebt
4277766000 USD
CY2020Q1 us-gaap Unsecured Debt
UnsecuredDebt
3884235000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
5067744000 USD
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
5240425000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
16490000 USD
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4409000 USD
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
66607000 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
4896753000 USD
CY2020Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
1250000000 USD
CY2020Q1 ayr Totalparvalueofauthorizedcommonandpreferredshares
Totalparvalueofauthorizedcommonandpreferredshares
3000000 USD
CY2020Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2020Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2020Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
14048 shares
CY2020Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q1 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
25536000 USD
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.32
CY2020Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
24025000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
5161000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
3655000 USD
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
15291000 USD
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
80000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
28188000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
6381000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-7457000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
12835000 USD
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-10882000 USD
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
66527000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-252768000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
132944000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2296000 USD
CY2020Q3 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
661000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-224580000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
139325000 USD
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-4.061
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.078
CY2020Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.515
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.066
CY2019Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.115
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.124
CY2020Q3 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies Other
EffectiveIncomeTaxRateReconciliationTaxContingenciesOther
-0.555
CY2020Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-482000 USD
CY2019Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
3463000 USD
CY2020Q4 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
925000 USD
CY2019Q4 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
13987000 USD
CY2020Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
492000 USD
CY2019Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
229000 USD
CY2020Q4 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
917000 USD
CY2019Q4 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
221000 USD
CY2019Q3 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
45000 USD
CY2020Q4 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
38000 USD
CY2019Q4 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
766000 USD
CY2020Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
CY2019Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1147000 USD
CY2020Q4 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2371000 USD
CY2019Q4 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9325000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1283000 USD
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2269000 USD
CY2019Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7659000 USD
CY2020Q3 ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
35088000 USD
CY2019Q3 ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
41975000 USD
CY2020Q4 ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
56087000 USD
CY2019Q4 ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
59959000 USD
ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
163821000 USD
ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
186012000 USD
CY2020Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2319000 USD
CY2019Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2589000 USD
CY2020Q4 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3929000 USD
CY2019Q4 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3810000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
10642000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
11105000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
37407000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
44564000 USD
CY2020Q4 us-gaap Interest Expense
InterestExpense
60016000 USD
CY2019Q4 us-gaap Interest Expense
InterestExpense
63769000 USD
us-gaap Interest Expense
InterestExpense
174463000 USD
us-gaap Interest Expense
InterestExpense
197117000 USD
CY2020Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
52000 USD
CY2019Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
493000 USD
CY2020Q4 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
71000 USD
CY2019Q4 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
565000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
467000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
2165000 USD
CY2020Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-37355000 USD
CY2019Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-44071000 USD
CY2020Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-59945000 USD
CY2019Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-63204000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-173996000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-194952000 USD
CY2020Q3 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
252000 USD
CY2020Q4 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
413000 USD
us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
1213000 USD
CY2019Q3 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
276000 USD
CY2019Q4 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
415000 USD
us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
1216000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
483000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1923000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1783000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1716000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1747000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
5840000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
13492000 USD
us-gaap Long Term Purchase Commitment Minimum Quantity Required
LongTermPurchaseCommitmentMinimumQuantityRequired
25 aircraft
CY2020Q4 us-gaap Purchase Obligation
PurchaseObligation
1008096000 USD
CY2020Q1 ayr Lease Incentives And Lease Premiums Net
LeaseIncentivesAndLeasePremiumsNet
103161000 USD
CY2020Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
53218000 USD
CY2020Q3 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
5632000 USD
CY2020Q4 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
9015000 USD
CY2020Q4 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
181455000 USD
CY2020Q4 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
448408000 USD
CY2020Q4 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
157274000 USD
CY2020Q4 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
84829000 USD
CY2020Q4 ayr Purchase Obligation To Be Paid After Year Four
PurchaseObligationToBePaidAfterYearFour
127115000 USD
CY2020Q4 us-gaap Purchase Obligation
PurchaseObligation
1008096000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1135000 USD
CY2020Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1531000 USD
CY2020Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
636000 USD
CY2020Q4 ayr Lease Incentives And Lease Premiums Net
LeaseIncentivesAndLeasePremiumsNet
81809000 USD
CY2020Q3 ayr Lease Incentives And Lease Premiums Net
LeaseIncentivesAndLeasePremiumsNet
93322000 USD
CY2020Q1 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
13083000 USD
CY2020Q4 us-gaap Deposits On Flight Equipment
DepositsOnFlightEquipment
42901000 USD
CY2020Q3 us-gaap Deposits On Flight Equipment
DepositsOnFlightEquipment
42901000 USD
CY2020Q1 us-gaap Deposits On Flight Equipment
DepositsOnFlightEquipment
39038000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8341000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8620000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
9148000 USD
CY2020Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
47237000 USD
CY2020Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
59354000 USD
CY2020Q1 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
4494000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
36596000 USD
CY2020Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
36112000 USD
CY2020Q1 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
37057000 USD
CY2020Q4 us-gaap Other Assets
OtherAssets
271237000 USD
CY2020Q3 us-gaap Other Assets
OtherAssets
247472000 USD
CY2020Q1 us-gaap Other Assets
OtherAssets
206617000 USD
CY2020Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
49151000 USD
CY2020Q3 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
43210000 USD
CY2020Q1 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
64034000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
78159000 USD
CY2020Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
71130000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
65928000 USD
CY2020Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
51005000 USD
CY2020Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
54525000 USD
CY2020Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
62196000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
11486000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
11846000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
12510000 USD
CY2020Q4 us-gaap Deferred Revenue Leases Net
DeferredRevenueLeasesNet
1636000 USD
CY2020Q3 us-gaap Deferred Revenue Leases Net
DeferredRevenueLeasesNet
1898000 USD
CY2020Q1 us-gaap Deferred Revenue Leases Net
DeferredRevenueLeasesNet
2446000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
191437000 USD
CY2020Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
182609000 USD
CY2020Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
207114000 USD

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