v3.26.1
Property and Equipment, Net
 3 Months Ended
Mar. 31, 2026
Property and Equipment, Net [Abstract]  
Property and equipment, net

6. Property and Equipment, net

 

Property and equipment, net consisted of the following:

 

    As of:  
    March 31,
2026		     December 31,
2025		  
Aircraft equipment   $ 7,159     $ 6,166  
Aircraft     7,288       4,728  
Computer equipment     579       528  
Leasehold improvements     436       425  
Office furniture & equipment     349       349  
Motor vehicles     85       85  
Total property and equipment     15,896       12,281  
Less: Accumulated depreciation     5,611       5,173  
Total property and equipment, net   $ 10,285     $ 7,108  

 

Depreciation expense for the three months ended March 31, 2026 and 2025 amounted to $417 and $381, respectively.