Accrued Expenses and Other Current Liabilities

3 Months Ended

Mar. 31, 2026

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

A summary of the Group’s accrued expenses and other current liabilities as of March 31, 2026 and December 31, 2025 is outlined below:


	March 31, 2026		December 31, 2025
(in USD and thousands)
Interest payable	$	88,725	$	95,130
Payroll and employee costs		68,210		64,230
Operating costs		63,493		68,001
Indirect taxes payable		40,655		46,276
Air costs		37,434		17,132
Overhead costs		33,381		29,537
Product and commission costs		30,956		49,043
Marketing expenses		27,212		27,438
Travel protection cancellation reserve		12,723		15,653
Other		64,637		39,560
Total	$	467,426	$	452,000

The changes in accrued expenses and other current liabilities are based on the timing of accruals for goods and services and payments.