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American Airlines Group (BSP:AALL34) Long-Term Capital Lease Obligation : R$32,155 Mil (As of Mar. 2024)


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What is American Airlines Group Long-Term Capital Lease Obligation?

American Airlines Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$32,155 Mil.

American Airlines Group's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (R$31,257 Mil) to Dec. 2023 (R$31,614 Mil) and increased from Dec. 2023 (R$31,614 Mil) to Mar. 2024 (R$32,155 Mil).

American Airlines Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (R$37,379 Mil) to Dec. 2022 (R$34,405 Mil) and declined from Dec. 2022 (R$34,405 Mil) to Dec. 2023 (R$31,614 Mil).


American Airlines Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for American Airlines Group's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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American Airlines Group Long-Term Capital Lease Obligation Chart

American Airlines Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30,459.50 34,865.63 37,378.89 34,404.58 31,613.51

American Airlines Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32,944.40 31,578.17 31,257.03 31,613.51 32,154.57

American Airlines Group  (BSP:AALL34) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

American Airlines Group Long-Term Capital Lease Obligation Related Terms

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American Airlines Group (BSP:AALL34) Business Description

Address
1 Skyview Drive, Fort Worth, TX, USA, 76155
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major U.S. hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of U.S. airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of U.S. legacy carriers.

American Airlines Group (BSP:AALL34) Headlines

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