Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Asset impairment

v3.19.3.a.u2
Asset impairment
12 Months Ended
Dec. 31, 2019
Asset Impairment Charges [Abstract]  
Asset impairment Asset impairment
Asset impairment consisted of the following for the years ended December 31, 2019, 2018 and 2017:
 
Year Ended December 31,
 
2019
 
2018
 
2017
Flight equipment held for operating leases (Note 5)
$
69,383

 
$
39,318

 
$
54,331

Flight equipment held for sale
766

 
4,868

 
6,955

 
$
70,149

 
$
44,186

 
$
61,286



During the years ended December 31, 2019, 2018 and 2017, we recognized impairment charges related to sales transactions and lease terminations, which were fully or partially offset by maintenance revenue recognized when we retained maintenance-related balances or received EOL compensation.