Leases (Tables)

12 Months Ended

Dec. 31, 2025

Leases [Abstract]

Schedule of Lease Costs Related to Finance and Operating Leases

The following table presents lease costs related to the Company’s finance and operating leases (in thousands):


	For The Years Ended December 31,
	2025				2024
Finance lease cost
Amortization of leased assets	$	6,903			$	3,238
Interest of lease liabilities		4,720				3,043
Operating lease cost
Operating lease cost (1)		18,599				25,517
Short-term lease cost (2)		1,652				1,516
Total lease cost	$	31,874			$	33,314

(1) Expenses are classified within Aircraft Rent on the Company’s Consolidated Statements of Operations.

(2) Expenses are classified within Other on the Company’s Consolidated Statements of Operations.

Schedule of Lease Terms and Discount Rates Related to Finance and Operating Leases

The table below presents lease terms and discount rates related to the Company’s finance and operating leases:


		December 31, 2025				December 31, 2024
Weighted-average remaining lease term
Operating leases		5.43 years				5.92 years
Finance leases		5.07 years				6.34 years
Weighted-average discount rate
Operating leases			14.02	%			13.96	%
Finance leases			13.97	%			14.76	%

Schedule of Cash and Non-cash Activities Associated with Leases

The table below presents cash and non-cash activities associated with our leases (in thousands):


		For The Years Ended December 31,
		2025				2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	19,584			$	14,430
Financing cash flows from finance leases		$	5,553			$	1,815

Summary of Future Minimum Lease Payments under Finance and Operating Lease Liabilities

Future minimum lease payments under finance and operating lease liabilities (in thousands) with initial terms in excess of one year are as follows:


	Finance Leases				Operating Leases
2026	$	16,576			$	23,412
2027		14,807				21,392
2028		12,005				16,232
2029		10,582				13,820
2030		8,812				11,958
2031 and thereafter		7,695				18,634
Total minimum lease payments		70,477				105,448
Less amount representing interest		19,468				31,812
Present value of minimum lease payments		51,009				73,636
Less current portion		10,304				14,262
Long-term portion	$	40,705			$	59,374