v3.26.3
SEGMENT INFORMATION - Schedule of Statement of Income by Segment (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues            
Total revenues $ 977,657 $ 667,064     $ 2,761,439 $ 1,845,381
Expenses            
Cost of sales 623,821 362,922     1,783,871 980,894
Operating expenses 62,327 39,092     175,434 105,858
Research and development 22,014 0     41,461 0
General and administrative 2,305 1,829     6,963 7,387
Acquisition and transaction expenses 5,030 7,066     27,090 18,847
Depreciation and amortization 43,295 55,278     142,570 170,076
Total expenses 758,792 466,187     2,177,389 1,283,062
Other income (expense)            
Interest expense (65,119) (60,784)     (190,628) (186,789)
Equity in earnings (losses) of unconsolidated entities [1] 16,933 (4,224)     24,540 [2] (16,841) [2]
Other (expense) income 2,168 3,570     57,324 63,797
Total other expense (46,018) (56,829)     (91,131) (89,750)
Income before income taxes 172,847 144,048     492,919 472,569
Provision for (benefit from) income taxes 22,239 26,330     79,318 87,067
Net income 150,608 117,718 $ 262,993 $ 267,784 413,601 385,502
Less: Dividends on preferred shares 1,544 3,709     8,962 13,533
Less: Loss on redemption of preferred shares 0 0     3,800 6,327
Net income attributable to shareholders 149,064 114,009     400,839 365,642
Equity Method Investee            
Other income (expense)            
Gain on sale to the 2025 Partnership - affiliate 0 4,609     17,633 50,083
Aerospace products revenue            
Revenues            
Total revenues 780,598 459,206     1,995,412 1,144,317
MRE Contract revenue            
Revenues            
Total revenues 129,408 58,663     533,437 228,886
Lease income            
Revenues            
Total revenues 25,281 55,072     92,938 185,951
Maintenance revenue            
Revenues            
Total revenues 27,292 52,370     83,684 175,081
Asset sales revenue            
Revenues            
Total revenues 5,886 38,461     32,995 105,315
Other revenue            
Revenues            
Total revenues [3] 9,192 3,292     22,973 5,831
Servicing Fees | Equity Method Investee            
Revenues            
Total revenues 4,704 3,035     17,553 5,635
Operating Segments            
Other income (expense)            
Equity in earnings (losses) of unconsolidated entities 16,933 (4,224)     24,540 (16,841)
Operating Segments | Aerospace Products            
Revenues            
Total revenues 910,006 517,869     2,528,849 1,373,203
Expenses            
Cost of sales 618,007 328,153     1,743,548 874,377
Operating expenses 11,913 10,545     33,749 25,221
Research and development 0       0  
General and administrative 0 0     0 0
Acquisition and transaction expenses 124 599     253 3,145
Depreciation and amortization 4,942 3,930     14,523 11,218
Total expenses 634,986 343,227     1,792,073 913,961
Other income (expense)            
Interest expense 0 0     0 0
Equity in earnings (losses) of unconsolidated entities 1,431 767     1,209 1,594
Other (expense) income (54) 0     58 0
Total other expense 1,377 767     1,267 1,594
Income before income taxes 276,397 175,409     738,043 460,836
Provision for (benefit from) income taxes 50,883 26,815     134,550 72,017
Net income 225,514 148,594     603,493 388,819
Less: Dividends on preferred shares 0 0     0 0
Less: Loss on redemption of preferred shares         0 0
Net income attributable to shareholders 225,514 148,594     603,493 388,819
Operating Segments | Aerospace Products | Equity Method Investee            
Other income (expense)            
Gain on sale to the 2025 Partnership - affiliate 0 0     0 0
Operating Segments | Aerospace Products | Aerospace products revenue            
Revenues            
Total revenues 780,598 459,206     1,995,412 1,144,317
Operating Segments | Aerospace Products | MRE Contract revenue            
Revenues            
Total revenues 129,408 58,663     533,437 228,886
Operating Segments | Aerospace Products | Lease income            
Revenues            
Total revenues 0 0     0 0
Operating Segments | Aerospace Products | Maintenance revenue            
Revenues            
Total revenues 0 0     0 0
Operating Segments | Aerospace Products | Asset sales revenue            
Revenues            
Total revenues 0 0     0 0
Operating Segments | Aerospace Products | Other revenue            
Revenues            
Total revenues 0 0     0 0
Operating Segments | Aviation Leasing            
Revenues            
Total revenues 67,651 149,195     232,590 472,174
Expenses            
Cost of sales 5,814 34,769     40,323 106,517
Operating expenses 12,479 10,146     34,539 28,661
Research and development 0       0  
General and administrative 0 0     0 0
Acquisition and transaction expenses 1,374 3,571     7,408 7,053
Depreciation and amortization 37,242 50,226     124,712 155,710
Total expenses 56,909 98,712     206,982 297,941
Other income (expense)            
Interest expense 0 0     0 0
Equity in earnings (losses) of unconsolidated entities 20,557 (1,083)     44,983 (2,642)
Other (expense) income 2,222 2,103     56,698 61,696
Total other expense 22,779 5,629     119,314 109,137
Income before income taxes 33,521 56,112     144,922 283,370
Provision for (benefit from) income taxes 8,373 14,500     34,470 58,301
Net income 25,148 41,612     110,452 225,069
Less: Dividends on preferred shares 0 0     0 0
Less: Loss on redemption of preferred shares         0 0
Net income attributable to shareholders 25,148 41,612     110,452 225,069
Operating Segments | Aviation Leasing | Equity Method Investee            
Other income (expense)            
Gain on sale to the 2025 Partnership - affiliate 0 4,609     17,633 50,083
Operating Segments | Aviation Leasing | Aerospace products revenue            
Revenues            
Total revenues 0 0     0 0
Operating Segments | Aviation Leasing | MRE Contract revenue            
Revenues            
Total revenues 0 0     0 0
Operating Segments | Aviation Leasing | Lease income            
Revenues            
Total revenues 25,281 55,072     92,938 185,951
Operating Segments | Aviation Leasing | Maintenance revenue            
Revenues            
Total revenues 27,292 52,370     83,684 175,081
Operating Segments | Aviation Leasing | Asset sales revenue            
Revenues            
Total revenues 5,886 38,461     32,995 105,315
Operating Segments | Aviation Leasing | Other revenue            
Revenues            
Total revenues 9,192 3,292     22,973 5,827
Corporate and Other            
Revenues            
Total revenues 0 0     0 4
Expenses            
Cost of sales 0 0     0 0
Operating expenses 37,935 18,401     107,146 51,976
Research and development 22,014       41,461  
General and administrative 2,305 1,829     6,963 7,387
Acquisition and transaction expenses 3,532 2,896     19,429 8,649
Depreciation and amortization 1,111 1,122     3,335 3,148
Total expenses 66,897 24,248     178,334 71,160
Other income (expense)            
Interest expense (65,119) (60,784)     (190,628) (186,789)
Equity in earnings (losses) of unconsolidated entities 0 0     0 0
Other (expense) income 0 1,467     568 2,101
Total other expense (65,119) (59,317)     (190,060) (184,688)
Income before income taxes (132,016) (83,565)     (368,394) (255,844)
Provision for (benefit from) income taxes (37,017) (14,985)     (89,702) (43,251)
Net income (94,999) (68,580)     (278,692) (212,593)
Less: Dividends on preferred shares 1,544 3,709     8,962 13,533
Less: Loss on redemption of preferred shares         3,800 6,327
Net income attributable to shareholders (96,543) (72,289)     (291,454) (232,453)
Corporate and Other | Equity Method Investee            
Other income (expense)            
Gain on sale to the 2025 Partnership - affiliate 0 0     0 0
Corporate and Other | Aerospace products revenue            
Revenues            
Total revenues 0 0     0 0
Corporate and Other | MRE Contract revenue            
Revenues            
Total revenues 0 0     0 0
Corporate and Other | Lease income            
Revenues            
Total revenues 0 0     0 0
Corporate and Other | Maintenance revenue            
Revenues            
Total revenues 0 0     0 0
Corporate and Other | Asset sales revenue            
Revenues            
Total revenues 0 0     0 0
Corporate and Other | Other revenue            
Revenues            
Total revenues 0 0     0 4
Eliminations            
Revenues            
Total revenues 0 0     0 0
Expenses            
Cost of sales 0 0     0 0
Operating expenses 0 0     0 0
Research and development 0       0  
General and administrative 0 0     0 0
Acquisition and transaction expenses 0 0     0 0
Depreciation and amortization 0 0     0 0
Total expenses 0 0     0 0
Other income (expense)            
Interest expense 0 0     0 0
Equity in earnings (losses) of unconsolidated entities (5,055) (3,908)     (21,652) (15,793)
Other (expense) income 0 0     0 0
Total other expense (5,055) (3,908)     (21,652) (15,793)
Income before income taxes (5,055) (3,908)     (21,652) (15,793)
Provision for (benefit from) income taxes 0 0     0 0
Net income (5,055) (3,908)     (21,652) (15,793)
Less: Dividends on preferred shares 0 0     0 0
Less: Loss on redemption of preferred shares         0 0
Net income attributable to shareholders (5,055) (3,908)     (21,652) (15,793)
Eliminations | Equity Method Investee            
Other income (expense)            
Gain on sale to the 2025 Partnership - affiliate 0 0     0 0
Eliminations | Aerospace products revenue            
Revenues            
Total revenues 0 0     0 0
Eliminations | MRE Contract revenue            
Revenues            
Total revenues 0 0     0 0
Eliminations | Lease income            
Revenues            
Total revenues 0 0     0 0
Eliminations | Maintenance revenue            
Revenues            
Total revenues 0 0     0 0
Eliminations | Asset sales revenue            
Revenues            
Total revenues 0 0     0 0
Eliminations | Other revenue            
Revenues            
Total revenues $ 0 $ 0     $ 0 $ 0
[1] Includes the profit elimination of $(5,055) and $(21,652) for the three and nine months ended September 30, 2026, respectively (2025 - $(3,908) and $(15,793), respectively), for sales to the SCI Partnerships.
[2] Includes the profit elimination of $(21,652) for the nine months ended September 30, 2026 (2025 - $(15,793)) for sales to the SCI Partnerships within the Aerospace Products segment.
[3] Includes servicing fees of $4,704 and $17,553 for the three and nine months ended September 30, 2026, respectively (2025 - $3,035 and $5,635, respectively), from the SCI Partnerships.