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DHL Investment and Polar (Tables)
12 Months Ended
Dec. 31, 2022
Related Party Transactions [Abstract]  
Summary of Aircraft Types, Services and Number of Aircraft Provided to Polar and DHL

The following table summarizes the aircraft types, services and number of aircraft provided to Polar and DHL as of December 31, 2022:

 

Aircraft

 

Service

 

Total

747-8F

 

ACMI

 

6

777-200LRF

 

CMI

 

6

777-200LRF

 

CMI and Dry Leasing

 

2

777-200LRF

 

Dry Leasing

 

2

767-300

 

CMI and Dry Leasing

 

2

767-300

 

CMI

 

2

Total

 

 

 

20

Summary of Transactions with Dry Leasing Joint Ventures

The following table summarizes our transactions and balances with our dry leasing joint venture:

 

 

For the Years Ended December 31,

 

Revenue and Expenses:

 

2022

 

 

2021

 

Revenue from dry leasing joint venture

 

$

854

 

 

$

1,210

 

Aircraft rent to dry leasing joint venture

 

 

9,000

 

 

 

9,000

 

 

 

 

 

 

 

 

Aggregate Carrying Value of
  Joint Venture as of:

 

December 31, 2022

 

 

December 31, 2021

 

Aggregate Carrying Value of
  Dry Leasing Joint Venture

 

$

15,255

 

 

$

8,448

 

The following table summarizes our transactions and balances with Polar:

 

 

 

For the Years Ended December 31,

 

Revenue and Expenses:

 

2022

 

 

2021

 

 

2020

 

Revenue from Polar

 

$

296,139

 

 

$

320,901

 

 

$

323,907

 

Ground handling and airport fees to Polar

 

 

3,816

 

 

 

4,119

 

 

 

3,302

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable/payable as of:

 

December 31, 2022

 

 

December 31, 2021

 

 

 

 

Receivables from Polar

 

$

10,114

 

 

$

22,311

 

 

 

 

Payables to Polar

 

 

2,101

 

 

 

3,082

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aggregate Carrying Value of Polar
  Investment as of:

 

December 31, 2022

 

 

December 31, 2021

 

 

 

 

Aggregate Carrying Value of Polar
  Investment

 

$

4,870

 

 

$

4,870