v3.26.1
Property, Plant and Equipment, Net (Tables)
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Summary of Property Plant And Equipment Net

Property and equipment, net, consists of the following (in thousands):

 

 

March 31,
2026

 

 

December 31,
2025

 

Aircraft, equipment and rotable spares

 

$

46,759

 

 

$

45,519

 

Equipment purchase deposits

 

 

2,000

 

 

 

2,000

 

Leasehold improvements

 

 

4,914

 

 

 

2,192

 

Office, vehicles and ground equipment

 

 

2,431

 

 

 

1,245

 

Internal-use software

 

 

6,035

 

 

 

4,993

 

Property and equipment, gross

 

 

62,139

 

 

 

55,949

 

Accumulated depreciation

 

 

(14,746

)

 

 

(10,354

)

Property and equipment, net

 

$

47,393

 

 

$

45,595