Greg Willis: And Moshe, just to add, we’re sitting on a significant amount of liquidity, $6.9 billion. And we have very few remaining maturities to refi this year, only roughly about $1.25 billion in the bond market. So that gives us a lot of flexibility as to the level of sales and how much we’re going to raise in the bond market. I will say that we’re watching the OEMs very closely in their ability to meet their delivery commitments because there’s been a lot of talk out there about the challenges that they’re facing and their ability to make their commitments to us.
Moshe Orenbuch: Got it. Thanks very much.
Operator: Your next question will come from the line of Helane Becker with Cowen. Please go ahead.
Helane Becker: Thanks very much, operator. Hi, everybody So my question is with respect to your capital-raising decisions for this year. How should we think about — yes, how should we think about what your intentions are?
Greg Willis: Yes, I think we’ve said we’re going to raise $3 billion to $4 billion. A lot of it is going to depend on how much we buy and how much we sell as we just went through with Moshe. But giving the relatively light amount of refinancing that we need to do and a strong level of liquidity that we have, we have a lot of flexibility. Again, we do tend to access markets when — at opportune times. So when we think we hit a good window to drive value to our shareholders, but I think we said in the K and we’ve said before, probably $3 billion to $4 billion. And really, that’s going to hinge on how much we actually get from the OEMs. And whether or not it comes in the bank market, whether or not comes in the bond market, whether it comes in foreign dominated — I mean, foreign issuances, we’re primarily looking in the unsecured space.
Helane Becker: Okay. And then I just have a point of clarification, Greg. On the Russian fleet value where it says it’s $771.5 million, does that include the $31 million of recovery? Or does that exclude?
Greg Willis: No, it’s net of it. Originally, the write-off was $802 million, which included our exposure in the management vehicles as well. But when we took back the MAX and we put it on the books at $31 million, that’s the net number you’re seeing roll through the income statement.
Helane Becker: Okay, that’s very helpful. Thank you.
Greg Willis: No problem. Thank you.
Operator: Your next question comes from the line of Jamie Baker with JPMorgan. Please go ahead.
Jamie Baker: Hey, good afternoon, everybody. Got to admit, I’m curious as to whose car accelerating, we heard in the background. In any event, on the topic of lease extension requests, John, you called that out in the release and in your prepared remarks. What’s the approximate duration that most existing customers are asking for? I’m just wondering from the airline side, how much longer your customers are pushing to hold on to aircraft? And also what you said about lease extension language at predetermined economics, are you obligated to grant extensions to customers where that language exists? It wasn’t clear to me if you could turn down an extension request in the example that you previously gave.
