XML 32 R20.htm IDEA: XBRL DOCUMENT

Commitments, Contingencies, Guarantees and Indemnities	12 Months Ended
Commitments, Contingencies, Guarantees and Indemnities	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments, Contingencies, Guarantees and Indemnities	Commitments, Contingencies, Guarantees and Indemnities Other obligations Other obligations, such as certain purchase obligations are not recognized as liabilities in the consolidated financial statements but are required to be disclosed in the footnotes to the financial statements. These funding commitments could potentially require the Company’s performance in the event of demands by third parties or contingent events. As of December 31, 2021, the Company had $439.9 million in purchase commitments of equipment that will be satisfied within four fiscal years. The purchase obligations are subject to escalation based on the closing date of each transaction. In May 2021, the Company entered into a commitment for future maintenance services which are anticipated to cost $24.0 million by 2024. In December 2020, the Company entered into definitive agreements for the purchase of 25 modern technology aircraft engines. As part of the purchase, the Company has committed to certain future overhaul and maintenance services which are anticipated to range between $73.8 million and $112.0 million by 2030.