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

Flight equipment held for operating leases, net

v3.8.0.1
Flight equipment held for operating leases, net
12 Months Ended
Dec. 31, 2017
Property Subject to or Available for Operating Lease, Net [Abstract]  
Flight equipment held for operating leases, net
Flight equipment held for operating leases, net
Movements in flight equipment held for operating leases during the years ended December 31, 2017 and 2016 were as follows:
 
Year Ended December 31,
 
2017
 
2016
Net book value at beginning of period
$
31,501,973

 
$
32,219,494

Additions
5,276,715

 
3,863,905

Depreciation
(1,690,753
)
 
(1,753,574
)
Impairment (Note 24)
(54,331
)
 
(78,335
)
AeroTurbine restructuring (Note 25)
(2,662
)
 
(15,392
)
Disposals and transfers (to) from held for sale
(2,281,401
)
 
(2,222,432
)
Transfers (to) from net investment in finance and sales-type leases/inventory
(352,714
)
 
(511,693
)
Net book value at end of period
$
32,396,827

 
$
31,501,973

Accumulated depreciation as of December 31, 2017 and 2016, respectively
$
(6,067,084
)
 
$
(5,086,611
)