Financing Receivables and Operating Lease Equipment |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||
| Financing Receivables and Operating Lease Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Financing Receivables and Operating Lease Equipment | Financing Receivables and Operating Lease Equipment Our financing arrangements at September 30, 2026, consist solely of operating leases that range in terms from to three years and may include options to terminate. At September 30, 2026 and December 31, 2025, Operating lease equipment, net, was $334 and $241, and included accumulated depreciation of $74 and $60. Certain operating leases include provisions to allow the lessee to purchase the underlying aircraft at a specified price. At September 30, 2026 and December 31, 2025, financing receivables were fully collected. The majority of our operating lease equipment portfolio is concentrated in the following aircraft models:
Lease income from operating lease payments recorded in Sales of services on the Condensed Consolidated Statements of Operations was $38 and $13 for the nine and three months ended September 30, 2026, and $35 and $12 for the nine and three months ended September 30, 2025. We have no lease income from sales-type leases in 2026 and amounts in 2025 were insignificant. All financing interest income and variable lease payments on our financing arrangements for the nine and three months ended September 30, 2026 and 2025, were insignificant. At September 30, 2026 and December 31, 2025, no assets were determined to be uncollectible and placed on non-accrual status, and we have not recognized an allowance for credit losses.
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