This excerpt taken from the AYR 8-K filed Sep 26, 2007.
Our contractual obligations consist of principal and interest payments on variable rate liabilities, obligations under binding letters of intent to purchase aircraft and rent payments pursuant to our office leases. Total contractual obligations increased from $723.2 million at the end of 2005 to approximately $1.69 billion at December 31, 2006. The primary reasons for the increase are:
The following table presents our actual contractual obligations and their maturity dates as of December 31, 2006: