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

Commitments And Contingencies (Tables)

v3.3.1.900
Commitments And Contingencies (Tables)
12 Months Ended
Dec. 31, 2015
Commitments And Contingencies [Abstract]  
Summary Of Movements In Prepayments On Flight Equipment

Movements in prepayments on flight equipment and capitalized interest during the years ended December 31, 2015 and 2014 were as follows:

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

2015

 

 

2014

Prepayments on flight equipment and capitalized interest at beginning of period

$

3,486,514 

 

 

$

223,815 

Prepayments made during the period

 

747,541 

 

 

 

320,396 

ILFC Transaction

 

 —

 

 

 

3,176,322 

Interest capitalized during the period

 

79,230 

(a)

 

 

80,328 

Prepayments and capitalized interest applied to the purchase of flight equipment

 

(1,012,859)

 

 

 

(314,347)

Prepayments on flight equipment and capitalized interest at end of period

$

3,300,426 

 

 

$

3,486,514 

                    

 

(a)

Includes an out of period adjustment of $16.9 million. See Note 2Basis of presentation.

Unrecorded Contractual Commitments For The Purchase Of Flight Equipment

The following table presents our contractual commitments for the purchase of flight equipment as of December 31, 2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2016

 

2017

 

2018

 

2019

 

2020

 

Thereafter

 

Total

Purchase obligations (a)

$

3,883,380 

 

$

5,647,627 

 

$

5,817,938 

 

$

4,484,003 

 

$

3,608,082 

 

$

3,017,180 

 

$

26,458,210 

                   

 

(a)

Includes commitments to purchase 413 aircraft, 34 purchase and leaseback transactions and spare engine commitments.

Schedule Of Minimum Payments Under Lease Agreements

We have operating lease agreements with third parties for office space, company cars and office equipment. As of December 31, 2015, minimum payments under the lease agreements for office space were as follows:

 

 

 

 

 

Future minimum lease payments

2016

$

10,828 

2017

 

13,908 

2018

 

11,800 

2019

 

9,657 

2020

 

9,732 

Thereafter

 

65,253 

 

$

121,178