$AYR
Aircastle LTD

2022 Q4 Form 10-Q Financial Statement

#000136298822000043 Filed on October 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $257.5M $173.6M
YoY Change 34.49% 10.1%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $18.00M $17.39M
YoY Change 5.01% 8.73%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $82.87M $82.11M
YoY Change -1.96% -1.54%
% of Gross Profit
Operating Expenses $186.1M $189.1M
YoY Change -19.39% 2.69%
Operating Profit
YoY Change
Interest Expense $52.95M $51.89M
YoY Change 3.32% -7.34%
% of Operating Profit
Other Income/Expense, Net $1.201M $2.072M
YoY Change 1806.35% -95.23%
Pretax Income $5.868M $4.790M
YoY Change -5.63% 6.94%
Income Tax $23.07M -$4.068M
% Of Pretax Income 393.17% -84.93%
Net Earnings $50.10M -$8.693M
YoY Change -180.29% -188.68%
Net Earnings / Revenue 19.46% -5.01%
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 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $208.2M $246.7M
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 $40.10M $39.49M
YoY Change 9.59% 9.34%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $7.187B $7.162B
YoY Change -3.63% -5.07%
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 $5.319B $5.344B
YoY Change -1.53% -1.51%
SHAREHOLDERS EQUITY
Retained Earnings -$10.48M -$60.59M
YoY Change -105.91% -125.28%
Common Stock $1.879B $1.879B
YoY Change 0.0% -0.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.868B $1.818B
YoY Change
Total Liabilities & Shareholders Equity $7.187B $7.162B
YoY Change -3.63% -5.07%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $50.10M -$8.693M
YoY Change -180.29% -188.68%
Depreciation, Depletion And Amortization $82.87M $82.11M
YoY Change -1.96% -1.54%
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

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dei Document Period End Date
DocumentPeriodEndDate
2022-08-31
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dei Current Fiscal Year End Date
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dei Document Type
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dei Entity File Number
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dei Entity Registrant Name
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AIRCASTLE LIMITED
dei Entity Incorporation State Country Code
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dei Entity Tax Identification Number
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c/o Aircastle Advisor LLC
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201 Tresser Boulevard, Suite 400
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us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8223000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
15413000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2284000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-10664000 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
7094000 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-704000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
215616000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
179714000 usd
us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
372474000 usd
us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
370187000 usd
us-gaap Proceeds From Sale Of Flight Equipment
ProceedsFromSaleOfFlightEquipment
171065000 usd
us-gaap Proceeds From Sale Of Flight Equipment
ProceedsFromSaleOfFlightEquipment
77900000 usd
us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
-4504000 usd
us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
-10003000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1500000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
64000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
41800000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-195405000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-282348000 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
393362000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
75000000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
58355000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
546903000 usd
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
291000 usd
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
13372000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1903000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4748000 usd
ayr Security Depositsand Maintenance Payments Received Financing Activities
SecurityDepositsandMaintenancePaymentsReceivedFinancingActivities
63758000 usd
ayr Security Depositsand Maintenance Payments Received Financing Activities
SecurityDepositsandMaintenancePaymentsReceivedFinancingActivities
44111000 usd
ayr Security Depositsand Maintenance Payments Returned Financing Activities
SecurityDepositsandMaintenancePaymentsReturnedFinancingActivities
11239000 usd
ayr Security Depositsand Maintenance Payments Returned Financing Activities
SecurityDepositsandMaintenancePaymentsReturnedFinancingActivities
10219000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
10500000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
56470000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-137769000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
76681000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-240403000 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
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
247363000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
340195000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
246713000 usd
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
337455000 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
650000 usd
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2740000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
247363000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
340195000 usd
us-gaap Interest Paid Net
InterestPaidNet
93007000 usd
us-gaap Interest Paid Net
InterestPaidNet
107102000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
200000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1201000 usd
ayr Advance Lease Rentals Security Deposits Maintenance Payments Other Liabilitiesand Other Assets Assumedin Acquisitionof Flight Equipment
AdvanceLeaseRentalsSecurityDepositsMaintenancePaymentsOtherLiabilitiesandOtherAssetsAssumedinAcquisitionofFlightEquipment
6100000 usd
ayr Advance Lease Rentals Security Deposits Maintenance Payments Other Liabilitiesand Other Assets Assumedin Acquisitionof Flight Equipment
AdvanceLeaseRentalsSecurityDepositsMaintenancePaymentsOtherLiabilitiesandOtherAssetsAssumedinAcquisitionofFlightEquipment
1158000 usd
ayr Advance Lease Rentals Security Deposits Maintenance Payments Other Liabilitiesand Other Assets Settled In Sale Of Flight Equipment
AdvanceLeaseRentalsSecurityDepositsMaintenancePaymentsOtherLiabilitiesandOtherAssetsSettledInSaleOfFlightEquipment
14791000 usd
ayr Advance Lease Rentals Security Deposits Maintenance Payments Other Liabilitiesand Other Assets Settled In Sale Of Flight Equipment
AdvanceLeaseRentalsSecurityDepositsMaintenancePaymentsOtherLiabilitiesandOtherAssetsSettledInSaleOfFlightEquipment
12506000 usd
us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
8895000 usd
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
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-8693000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-8693000 usd
CY2022Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
10500000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1818188000 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
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
9803000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
9803000 usd
CY2021Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
393362000 usd
CY2021Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
5658000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
2118824000 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
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>
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.
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 usd
CY2021Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
21200000 usd
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:id3VybDovL2RvY3MudjEvZG9jOmRiMzYwZmE1YjA3NTQwMzM5ZGEyZGMxZGE2ZDI2ZjdkL3NlYzpkYjM2MGZhNWIwNzU0MDMzOWRhMmRjMWRhNmQyNmY3ZF8zMS9mcmFnOjcxNzVkYjEzNzY4ODRhNDY4MjU0MjQyZTg4ZjRjZGU2L3RleHRyZWdpb246NzE3NWRiMTM3Njg4NGE0NjgyNTQyNDJlODhmNGNkZTZfNDIwNw_7d8617d3-ce5b-4723-9611-b38e20e0eaca">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>
CY2022Q3 ayr Percentage Of Fleet Having Floating Rate Lease Rentals
PercentageOfFleetHavingFloatingRateLeaseRentals
0.01
CY2022Q3 ayr Percentage Of Interest Expense Derived From Floating Rate Debt
PercentageOfInterestExpenseDerivedFromFloatingRateDebt
0.080
ayr Percentage Of Interest Expense Derived From Floating Rate Debt
PercentageOfInterestExpenseDerivedFromFloatingRateDebt
0.065
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
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
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
291415000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
546501000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
446371000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
331792000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
276959000 usd
CY2022Q3 ayr Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
784086000 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
2677124000 usd
CY2022Q3 ayr Net Investment In Lease Number Of Leased Assets
NetInvestmentInLeaseNumberOfLeasedAssets
9 aircraft
CY2022Q1 ayr Net Investment In Lease Number Of Leased Assets
NetInvestmentInLeaseNumberOfLeasedAssets
11 aircraft
CY2022Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
46444000 usd
CY2022Q1 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
52021000 usd
CY2022Q3 ayr Sales Type And Direct Financing Lease Unguaranteed Residual Asset
SalesTypeAndDirectFinancingLeaseUnguaranteedResidualAsset
93620000 usd
CY2022Q1 ayr Sales Type And Direct Financing Lease Unguaranteed Residual Asset
SalesTypeAndDirectFinancingLeaseUnguaranteedResidualAsset
100068000 usd
CY2022Q3 ayr Net Investment In Lease Direct Financing And Sales Type Leases Before Allowance
NetInvestmentInLeaseDirectFinancingAndSalesTypeLeasesBeforeAllowance
140064000 usd
CY2022Q1 ayr Net Investment In Lease Direct Financing And Sales Type Leases Before Allowance
NetInvestmentInLeaseDirectFinancingAndSalesTypeLeasesBeforeAllowance
152089000 usd
CY2022Q3 us-gaap Net Investment In Lease Allowance For Credit Loss
NetInvestmentInLeaseAllowanceForCreditLoss
2445000 usd
CY2022Q1 us-gaap Net Investment In Lease Allowance For Credit Loss
NetInvestmentInLeaseAllowanceForCreditLoss
1764000 usd
CY2022Q3 us-gaap Net Investment In Lease
NetInvestmentInLease
137619000 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
us-gaap Net Investment In Lease Credit Loss Expense Reversal
NetInvestmentInLeaseCreditLossExpenseReversal
689000 usd
us-gaap Net Investment In Lease Allowance For Credit Loss Writeoff
NetInvestmentInLeaseAllowanceForCreditLossWriteoff
8000 usd
CY2022Q3 us-gaap Net Investment In Lease Allowance For Credit Loss
NetInvestmentInLeaseAllowanceForCreditLoss
2445000 usd
CY2022Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Remainder Of Fiscal Year
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedRemainderOfFiscalYear
3983000 usd
CY2022Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Next Twelve Months
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedNextTwelveMonths
8973000 usd
CY2022Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedTwoYears
9509000 usd
CY2022Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThreeYears
8353000 usd
CY2022Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Four Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFourYears
8292000 usd
CY2022Q3 ayr Sales Type And Direct Financing Leases Lease Receivable To Be Received After Year Four
SalesTypeAndDirectFinancingLeasesLeaseReceivableToBeReceivedAfterYearFour
16103000 usd
CY2022Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived
55213000 usd
CY2022Q3 us-gaap Sales Type And Direct Financing Leases Lease Receivable Undiscounted Excess Amount
SalesTypeAndDirectFinancingLeasesLeaseReceivableUndiscountedExcessAmount
46444000 usd
CY2022Q3 ayr Differencebetweenthe Present Valueand Undiscounted Sales Typeand Direct Financing Lease Receivable
DifferencebetweenthePresentValueandUndiscountedSalesTypeandDirectFinancingLeaseReceivable
8769000 usd
CY2022Q3 ayr Numberof Offlease Aircraft Marketedfor Lease
NumberofOffleaseAircraftMarketedforLease
15 aircraft
CY2022Q1 ayr Numberof Offlease Aircraft Marketedfor Leaseor Sale
NumberofOffleaseAircraftMarketedforLeaseorSale
11 aircraft
CY2022Q3 ayr Property Subject To Or Available For Operating Lease Number Of Units1
PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits1
243 aircraft
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
CY2022Q3 ayr Numberof Offlease Aircraft Marketedfor Lease
NumberofOffleaseAircraftMarketedforLease
15 aircraft
CY2022Q1 ayr Numberof Offlease Aircraft Marketedfor Leaseor Sale
NumberofOffleaseAircraftMarketedforLeaseorSale
11 aircraft
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1177000 usd
CY2022Q3 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
CY2021Q3 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
CY2022Q1 us-gaap Equity Method Investments
EquityMethodInvestments
38317000 usd
CY2022Q3 us-gaap Equity Method Investments
EquityMethodInvestments
39494000 usd
CY2022Q3 us-gaap Secured Debt
SecuredDebt
626776000 usd
CY2022Q3 ayr Numberof Aircraft Financed
NumberofAircraftFinanced
31 aircraft
CY2022Q1 us-gaap Secured Debt
SecuredDebt
684039000 usd
CY2022Q3 us-gaap Unsecured Debt
UnsecuredDebt
3915114000 usd
CY2022Q1 us-gaap Unsecured Debt
UnsecuredDebt
3835841000 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
4541890000 usd
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
4519880000 usd
CY2022Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
1200000000 usd
CY2022Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
10500000 usd
CY2022Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
10500000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2927000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.252
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
4790000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
4479000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
10126000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
8190000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-18217000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
12531000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-13053000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-9512000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-13427000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
17010000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1322000 usd
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.303
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.451
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.474
CY2022Q3 ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
48392000 usd
CY2021Q3 ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
51807000 usd
ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
95633000 usd
ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
106135000 usd
CY2022Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3498000 usd
CY2021Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4193000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
7095000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
8384000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
51890000 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
56000000 usd
us-gaap Interest Expense
InterestExpense
102728000 usd
us-gaap Interest Expense
InterestExpense
114519000 usd
CY2022Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
748000 usd
CY2021Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
382000 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
1007000 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
712000 usd
CY2022Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
555000 usd
CY2021Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
205000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
840000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
357000 usd
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-50587000 usd
CY2021Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-55413000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-100881000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-113450000 usd
CY2022Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
400000 usd
CY2021Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
400000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
900000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
800000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
899000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1747000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1778000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1630000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1571000 usd
CY2022Q3 ayr Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
2412000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10037000 usd
CY2022Q3 us-gaap Unrecorded Unconditional Purchase Obligation Minimum Quantity Required
UnrecordedUnconditionalPurchaseObligationMinimumQuantityRequired
21 aircraft
CY2022Q3 us-gaap Purchase Obligation
PurchaseObligation
748100000 usd
CY2022Q3 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
375356000 usd
CY2022Q3 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
178315000 usd
CY2022Q3 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
194469000 usd
CY2022Q3 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
0 usd
CY2022Q3 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
0 usd
CY2022Q3 ayr Purchase Obligation To Be Paid After Year Four
PurchaseObligationToBePaidAfterYearFour
0 usd
CY2022Q3 us-gaap Purchase Obligation
PurchaseObligation
748140000 usd
CY2022Q3 us-gaap Deposits On Flight Equipment
DepositsOnFlightEquipment
67533000 usd
CY2022Q1 us-gaap Deposits On Flight Equipment
DepositsOnFlightEquipment
56157000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5519000 usd
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7176000 usd
CY2022Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
47634000 usd
CY2022Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
465000 usd
CY2022Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
570000 usd
CY2022Q3 ayr Lease Incentivesand Lease Premiums Accumulated Amortization
LeaseIncentivesandLeasePremiumsAccumulatedAmortization
82250000 usd
CY2022Q1 ayr Lease Incentivesand Lease Premiums Accumulated Amortization
LeaseIncentivesandLeasePremiumsAccumulatedAmortization
81553000 usd
CY2022Q3 ayr Lease Incentives And Lease Premiums Net
LeaseIncentivesAndLeasePremiumsNet
55152000 usd
CY2022Q1 ayr Lease Incentives And Lease Premiums Net
LeaseIncentivesAndLeasePremiumsNet
53513000 usd
CY2022Q3 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
32852000 usd
CY2022Q1 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
77636000 usd
CY2022Q1 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
55478000 usd
CY2022Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
117986000 usd
CY2022Q1 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
105796000 usd
CY2022Q3 us-gaap Other Assets
OtherAssets
327141000 usd
CY2022Q1 us-gaap Other Assets
OtherAssets
356326000 usd
CY2022Q3 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
70436000 usd
CY2022Q1 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
58882000 usd
CY2022Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
72606000 usd
CY2022Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
66123000 usd
CY2022Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
43755000 usd
CY2022Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
42013000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
7935000 usd
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
9846000 usd
CY2022Q3 ayr Lease Discount Accumulated Amortization
LeaseDiscountAccumulatedAmortization
45481000 usd
CY2022Q1 ayr Lease Discount Accumulated Amortization
LeaseDiscountAccumulatedAmortization
45546000 usd
CY2022Q3 ayr Lease Discount Accrued After Accumulated Amortization
LeaseDiscountAccruedAfterAccumulatedAmortization
272000 usd
CY2022Q1 ayr Lease Discount Accrued After Accumulated Amortization
LeaseDiscountAccruedAfterAccumulatedAmortization
560000 usd
CY2022Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
195004000 usd
CY2022Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
177424000 usd

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