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

Commitments And Contingencies (Tables)

v3.6.0.2
Commitments And Contingencies (Tables)
12 Months Ended
Dec. 31, 2016
Commitments And Contingencies [Abstract]  
Summary Of Movements In Prepayments On Flight Equipment

Movements in prepayments on flight equipment during the years ended December 31, 2016 and 2015 were as follows:





 

 

 

 

 



Year Ended December 31,



2016

 

2015

Prepayments on flight equipment at beginning of period

$

3,300,426 

 

$

3,486,514 

Prepayments made during the period

 

837,776 

 

 

747,541 

Interest capitalized during the period

 

107,688 

 

 

79,230 

Prepayments and capitalized interest applied to the purchase of flight equipment

 

(979,911)

 

 

(1,012,859)

Prepayments on flight equipment at end of period

$

3,265,979 

 

$

3,300,426 



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, 2016:





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



2017

 

2018

 

2019

 

2020

 

2021

 

2022

 

Total

Purchase obligations (a)

$

5,051,158 

 

$

6,028,196 

 

$

5,084,565 

 

$

3,624,926 

 

$

2,838,730 

 

$

534,991 

 

$

23,162,566 

                   



(a)

Includes commitments to purchase 396 aircraft and 24 purchase and leaseback transactions.

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, 2016, minimum payments under the lease agreements for office space were as follows:





 

 



Future minimum lease payments

2017

$

11,155 

2018

 

11,056 

2019

 

8,754 

2020

 

8,828 

2021

 

8,967 

Thereafter

 

51,343 



$

100,103