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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net lncome (Loss) $ 1,143 $ (6,094)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation expense 4,855 2,609
Credit losses 111 357
Loss on sale of spare parts 63 79
Amortization of debt issue costs 377 339
Amortization of operating lease right of use assets 7,955 7,081
Share-based payments 1,339 874
Interest on finance leases 2,181 1,042
Changes in assets and liabilities:    
Accounts receivable 29 3,339
Assets held for sale 8 (298)
Prepaid expenses and other current assets (1,289) 535
Accounts payable 620 2,501
Accrued liabilities and other liabilities 2,206 (5,821)
Operating lease obligations (8,440) (6,838)
Other liabilities (2,215) (945)
Net cash provided by (used in) operating activities 8,943 (1,240)
CASH FLOWS FROM INVESTING ACTIVITIES    
Deposits, deferred costs and other assets (1,189) (1,616)
Purchases of property and equipment (5,425) (3,603)
Net cash used in investing activities (6,614) (5,219)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on finance leases (2,360) (858)
Proceeds on issuance of shares 207 188
Dividends (148) (100)
Proceeds from disgorgement of stockholders' short-swing profits 12  
Net cash used in financing activities (2,289) (770)
Net increase (decrease) in cash, cash equivalents, and restricted cash 40 (7,229)
Cash, cash equivalents and restricted cash - beginning of the period 14,043 17,676
Cash, cash equivalents and restricted cash - end of the period 14,083 10,447
Non-cash investing and financing activities    
Reclass of property and equipment to accounts receivable (aircraft receivable) and prepaid expenses and other current assets (deferred maintenance) 117  
Right-of-use (ROU) assets acquired through operating leases 383 20,865
Equipment acquired through finance leases 3,453 17,085
Cash paid for    
Interest $ 4,552 $ 3,421