2022 Q3 Form 10-Q Financial Statement

#000136298822000023 Filed on July 13, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $173.6M $175.6M
YoY Change 10.1% 5.88%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $17.39M $19.92M
YoY Change 8.73% 27.81%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $82.11M $81.32M
YoY Change -1.54% -1.3%
% of Gross Profit
Operating Expenses $189.1M $164.6M
YoY Change 2.69% -10.61%
Operating Profit
YoY Change
Interest Expense $51.89M $50.84M
YoY Change -7.34% -12.69%
% of Operating Profit
Other Income/Expense, Net $2.072M -$463.0K
YoY Change -95.23% 3207.14%
Pretax Income $4.790M $5.336M
YoY Change 6.94% 43.79%
Income Tax -$4.068M $3.329M
% Of Pretax Income -84.93% 62.39%
Net Earnings -$8.693M $7.682M
YoY Change -188.68% -178.77%
Net Earnings / Revenue -5.01% 4.38%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 14.05K shares 14.05K shares 14.05K shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $246.7M $241.0M $167.9M
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 $39.49M $38.83M $38.32M
YoY Change 9.34% 8.87% 8.31%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $7.162B $7.100B $7.093B
YoY Change -5.07% -7.29% -7.86%
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 $5.344B $5.263B $5.264B
YoY Change -1.51% -11.36% -11.79%
SHAREHOLDERS EQUITY
Retained Earnings -$60.59M -$41.39M -$49.08M
YoY Change -125.28% -117.57% -120.01%
Common Stock $1.879B $1.879B $1.879B
YoY Change -0.02% 26.45% 26.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.818B $1.837B $1.830B
YoY Change
Total Liabilities & Shareholders Equity $7.162B $7.100B $7.093B
YoY Change -5.07% -7.29% -7.86%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$8.693M $7.682M
YoY Change -188.68% -178.77%
Depreciation, Depletion And Amortization $82.11M $81.32M
YoY Change -1.54% -1.3%
Cash From Operating Activities $110.3M
YoY Change 57.58%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$14.21M
YoY Change -412.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $39.92M
YoY Change 46.65%
Cash From Financing Activities -$25.09M
YoY Change 163.14%
NET CHANGE
Cash From Operating Activities $110.3M
Cash From Investing Activities -$14.21M
Cash From Financing Activities -$25.09M
Net Change In Cash $71.00M
YoY Change 9.22%
FREE CASH FLOW
Cash From Operating Activities $110.3M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
65005000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
170682000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
580598000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
241680000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
645603000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
241030000 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
642910000 usd
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
650000 usd
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2693000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
241680000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
645603000 usd
CY2022Q2 us-gaap Interest Paid Net
InterestPaidNet
44275000 usd
CY2021Q2 us-gaap Interest Paid Net
InterestPaidNet
44948000 usd
CY2022Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-576000 usd
CY2021Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
891000 usd
CY2022Q2 ayr Advance Lease Rentals Security Deposits Maintenance Payments Other Liabilitiesand Other Assets Assumedin Acquisitionof Flight Equipment
AdvanceLeaseRentalsSecurityDepositsMaintenancePaymentsOtherLiabilitiesandOtherAssetsAssumedinAcquisitionofFlightEquipment
339000 usd
CY2021Q2 ayr Advance Lease Rentals Security Deposits Maintenance Payments Other Liabilitiesand Other Assets Assumedin Acquisitionof Flight Equipment
AdvanceLeaseRentalsSecurityDepositsMaintenancePaymentsOtherLiabilitiesandOtherAssetsAssumedinAcquisitionofFlightEquipment
0 usd
CY2022Q2 ayr Advance Lease Rentals Security Deposits Maintenance Payments Other Liabilitiesand Other Assets Settled In Sale Of Flight Equipment
AdvanceLeaseRentalsSecurityDepositsMaintenancePaymentsOtherLiabilitiesandOtherAssetsSettledInSaleOfFlightEquipment
3800000 usd
CY2021Q2 ayr Advance Lease Rentals Security Deposits Maintenance Payments Other Liabilitiesand Other Assets Settled In Sale Of Flight Equipment
AdvanceLeaseRentalsSecurityDepositsMaintenancePaymentsOtherLiabilitiesandOtherAssetsSettledInSaleOfFlightEquipment
12138000 usd
CY2022Q2 us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
17734000 usd
CY2021Q2 us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
3554000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1829699000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
7682000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
7682000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
1837381000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
1731070000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-9753000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-9753000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
1721317000 usd
CY2022Q2 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 usd
CY2022Q2 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<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%">Risk and Uncertainties</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 the normal course of business, Aircastle encounters several significant types of economic risk including credit, market, aviation industry and capital market risks. Credit risk is the risk of a lessee’s inability or unwillingness to make contractually required payments and to fulfill its other contractual obligations to Aircastle. Market risk reflects the change in the value of financings due to changes in interest rate spreads or other market factors, including the value of collateral underlying financings. Aviation industry risk is the risk of a downturn in the commercial aviation industry which could adversely impact a lessee’s ability to make payments, increase the risk of early lease terminations and depress lease rates and the value of the Company’s aircraft. Capital market risk is the risk that the Company is unable to obtain capital at reasonable rates to fund the growth of its business or to refinance existing debt facilities.</span></div>
CY2022Q2 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 </span></div>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.
CY2022Q2 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 <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOjJhZjBjNmU5Y2Q5MDQxNjc5ODQ1YjkwMGE2OTFmOWZkL3NlYzoyYWYwYzZlOWNkOTA0MTY3OTg0NWI5MDBhNjkxZjlmZF8zNy9mcmFnOjZmOWVjYjBiMGIxOTQxMTI4OTM0NmU1MjE2MjY3NzRhL3RleHRyZWdpb246NmY5ZWNiMGIwYjE5NDExMjg5MzQ2ZTUyMTYyNjc3NGFfNDM5ODA0NjU0NzQ2OA_3efdf50e-a2ec-4afe-b233-6fcc3cb0262e">three</span> 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.</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 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.</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%">Should we determine that the collectability of rental payments is no longer probable (including any deferral thereof), we will 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>
CY2022Q2 ayr Percentage Of Fleet Having Floating Rate Lease Rentals
PercentageOfFleetHavingFloatingRateLeaseRentals
0.01
CY2022Q2 ayr Percentage Of Interest Expense Derived From Floating Rate Debt
PercentageOfInterestExpenseDerivedFromFloatingRateDebt
0.05
CY2022Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 usd
CY2022Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 usd
CY2022Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 usd
CY2022Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 usd
CY2022Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 usd
CY2022Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
4400000 usd
CY2021Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
20600000 usd
CY2022Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
4400000 usd
CY2022Q1 ayr Net Investment In Lease Number Of Leased Assets
NetInvestmentInLeaseNumberOfLeasedAssets
11 aircraft
CY2022Q2 us-gaap Net Investment In Lease Allowance For Credit Loss Writeoff
NetInvestmentInLeaseAllowanceForCreditLossWriteoff
6000 usd
CY2022Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
434816000 usd
CY2022Q2 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
539300000 usd
CY2022Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
434802000 usd
CY2022Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
314749000 usd
CY2022Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
260343000 usd
CY2022Q2 ayr Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
745192000 usd
CY2022Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
2729202000 usd
CY2022Q2 ayr Net Investment In Lease Number Of Leased Assets
NetInvestmentInLeaseNumberOfLeasedAssets
10 aircraft
CY2022Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
49729000 usd
CY2022Q1 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
52021000 usd
CY2022Q2 ayr Sales Type And Direct Financing Lease Unguaranteed Residual Asset
SalesTypeAndDirectFinancingLeaseUnguaranteedResidualAsset
100909000 usd
CY2022Q1 ayr Sales Type And Direct Financing Lease Unguaranteed Residual Asset
SalesTypeAndDirectFinancingLeaseUnguaranteedResidualAsset
100068000 usd
CY2022Q2 ayr Net Investment In Lease Direct Financing And Sales Type Leases Before Allowance
NetInvestmentInLeaseDirectFinancingAndSalesTypeLeasesBeforeAllowance
150638000 usd
CY2022Q1 ayr Net Investment In Lease Direct Financing And Sales Type Leases Before Allowance
NetInvestmentInLeaseDirectFinancingAndSalesTypeLeasesBeforeAllowance
152089000 usd
CY2022Q2 us-gaap Net Investment In Lease Allowance For Credit Loss
NetInvestmentInLeaseAllowanceForCreditLoss
2338000 usd
CY2022Q1 us-gaap Net Investment In Lease Allowance For Credit Loss
NetInvestmentInLeaseAllowanceForCreditLoss
1764000 usd
CY2022Q2 us-gaap Net Investment In Lease
NetInvestmentInLease
148300000 usd
CY2022Q1 us-gaap Net Investment In Lease
NetInvestmentInLease
150325000 usd
CY2022Q1 us-gaap Net Investment In Lease Allowance For Credit Loss
NetInvestmentInLeaseAllowanceForCreditLoss
1764000 usd
CY2022Q2 us-gaap Net Investment In Lease Credit Loss Expense Reversal
NetInvestmentInLeaseCreditLossExpenseReversal
580000 usd
CY2022Q2 us-gaap Net Investment In Lease Allowance For Credit Loss
NetInvestmentInLeaseAllowanceForCreditLoss
2338000 usd
CY2022Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Remainder Of Fiscal Year
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedRemainderOfFiscalYear
7705000 usd
CY2022Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Next Twelve Months
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedNextTwelveMonths
8973000 usd
CY2022Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedTwoYears
9509000 usd
CY2022Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThreeYears
8580000 usd
CY2022Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Four Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFourYears
8292000 usd
CY2022Q2 ayr Sales Type And Direct Financing Leases Lease Receivable To Be Received After Year Four
SalesTypeAndDirectFinancingLeasesLeaseReceivableToBeReceivedAfterYearFour
16281000 usd
CY2022Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived
59340000 usd
CY2022Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Undiscounted Excess Amount
SalesTypeAndDirectFinancingLeasesLeaseReceivableUndiscountedExcessAmount
49729000 usd
CY2022Q2 ayr Differencebetweenthe Present Valueand Undiscounted Sales Typeand Direct Financing Lease Receivable
DifferencebetweenthePresentValueandUndiscountedSalesTypeandDirectFinancingLeaseReceivable
9611000 usd
CY2022Q2 ayr Numberof Offlease Aircraft Marketedfor Lease
NumberofOffleaseAircraftMarketedforLease
15 aircraft
CY2022Q1 ayr Numberof Offlease Aircraft Marketedfor Leaseor Sale
NumberofOffleaseAircraftMarketedforLeaseorSale
11 aircraft
CY2022Q2 ayr Property Subject To Or Available For Operating Lease Number Of Units1
PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits1
241 aircraft
CY2022Q2 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
CY2022Q1 ayr Property Subject To Or Available For Operating Lease Number Of Units1
PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits1
251 aircraft
CY2022 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
CY2022Q2 ayr Numberof Offlease Aircraft Marketedfor Lease
NumberofOffleaseAircraftMarketedforLease
15 aircraft
CY2022Q1 ayr Numberof Offlease Aircraft Marketedfor Leaseor Sale
NumberofOffleaseAircraftMarketedforLeaseorSale
11 aircraft
CY2022Q2 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
CY2021Q2 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
4519880000 usd
CY2022Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
1400000000 usd
CY2022Q1 us-gaap Equity Method Investments
EquityMethodInvestments
38317000 usd
CY2022Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
511000 usd
CY2022Q2 us-gaap Equity Method Investments
EquityMethodInvestments
38828000 usd
CY2022Q2 us-gaap Secured Debt
SecuredDebt
644763000 usd
CY2022Q2 ayr Numberof Aircraft Financed
NumberofAircraftFinanced
31 aircraft
CY2022Q1 us-gaap Secured Debt
SecuredDebt
684039000 usd
CY2022Q2 us-gaap Unsecured Debt
UnsecuredDebt
3837104000 usd
CY2022Q1 us-gaap Unsecured Debt
UnsecuredDebt
3835841000 usd
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
4481867000 usd
CY2022Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
10500000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
5336000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
3711000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
5164000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-22043000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
10500000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-18332000 usd
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.317
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.452
CY2022Q2 ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
47241000 usd
CY2021Q2 ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
54033000 usd
CY2022Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3597000 usd
CY2021Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4191000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
50838000 usd
CY2021Q2 us-gaap Interest Expense
InterestExpense
58224000 usd
CY2022Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
259000 usd
CY2021Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
35000 usd
CY2022Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
285000 usd
CY2021Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
152000 usd
CY2022Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-50294000 usd
CY2021Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-58037000 usd
CY2022Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
500000 usd
CY2021Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
400000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1362000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1753000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1784000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1632000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1571000 usd
CY2022Q2 ayr Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
2412000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10514000 usd
CY2022Q2 us-gaap Unrecorded Unconditional Purchase Obligation Minimum Quantity Required
UnrecordedUnconditionalPurchaseObligationMinimumQuantityRequired
23 aircraft
CY2022Q2 us-gaap Purchase Obligation
PurchaseObligation
829300000 usd
CY2022Q2 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
472452000 usd
CY2022Q2 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
171258000 usd
CY2022Q2 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
185563000 usd
CY2022Q2 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
0 usd
CY2022Q2 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
0 usd
CY2022Q2 ayr Purchase Obligation To Be Paid After Year Four
PurchaseObligationToBePaidAfterYearFour
0 usd
CY2022Q2 us-gaap Purchase Obligation
PurchaseObligation
829273000 usd
CY2022Q1 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
77636000 usd
CY2022Q2 us-gaap Deposits On Flight Equipment
DepositsOnFlightEquipment
64293000 usd
CY2022Q1 us-gaap Deposits On Flight Equipment
DepositsOnFlightEquipment
56157000 usd
CY2022Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
563000 usd
CY2022Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
570000 usd
CY2022Q2 ayr Lease Incentivesand Lease Premiums Accumulated Amortization
LeaseIncentivesandLeasePremiumsAccumulatedAmortization
85234000 usd
CY2022Q1 ayr Lease Incentivesand Lease Premiums Accumulated Amortization
LeaseIncentivesandLeasePremiumsAccumulatedAmortization
81553000 usd
CY2022Q2 ayr Lease Incentives And Lease Premiums Net
LeaseIncentivesAndLeasePremiumsNet
50906000 usd
CY2022Q1 ayr Lease Incentives And Lease Premiums Net
LeaseIncentivesAndLeasePremiumsNet
53513000 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
49059000 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5828000 usd
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7176000 usd
CY2022Q2 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
51988000 usd
CY2022Q1 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
55478000 usd
CY2022Q2 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
147699000 usd
CY2022Q1 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
105796000 usd
CY2022Q2 us-gaap Other Assets
OtherAssets
370336000 usd
CY2022Q1 us-gaap Other Assets
OtherAssets
356326000 usd
CY2022Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
174965000 usd
CY2022Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
177424000 usd
CY2022Q2 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
52565000 usd
CY2022Q1 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
58882000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
68982000 usd
CY2022Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
66123000 usd
CY2022Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
44690000 usd
CY2022Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
42013000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
8330000 usd
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
9846000 usd
CY2022Q2 ayr Lease Discount Accumulated Amortization
LeaseDiscountAccumulatedAmortization
45355000 usd
CY2022Q1 ayr Lease Discount Accumulated Amortization
LeaseDiscountAccumulatedAmortization
45546000 usd
CY2022Q2 ayr Lease Discount Accrued After Accumulated Amortization
LeaseDiscountAccruedAfterAccumulatedAmortization
398000 usd
CY2022Q1 ayr Lease Discount Accrued After Accumulated Amortization
LeaseDiscountAccruedAfterAccumulatedAmortization
560000 usd

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0001362988-22-000023.txt Edgar Link pending
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ayr-20220531_cal.xml Edgar Link unprocessable