v3.26.1
Leases, Commitments, Guarantees and Contingencies (Tables)
6 Months Ended
Jun. 30, 2026
Leases, Commitments, Guarantees and Contingencies  
Summary of related terms and discount rates

The table below presents lease related terms and discount rates as of June 30, 2026:

Weighted-average remaining lease term for operating leases

9.8 years

Weighted-average discount rate for operating leases

6.3%

Summary of lease costs

Weighted-average remaining lease term for operating leases

9.8 years

Weighted-average discount rate for operating leases

6.3%

Summary of commitments and obligations

The following table summarizes the Company’s commitments and obligations for future minimum rental payments required under operating leases that had initial or remaining non-cancelable lease terms as of June 30, 2026, firm aircraft and spare engine commitments, interest commitments and principal maturities on long-term debt as noted for each of the next five years and thereafter (in thousands):

  ​ ​ ​

Total

  ​ ​ ​

Jul - Dec 2026

  ​ ​ ​

2027

  ​ ​ ​

2028

  ​ ​ ​

2029

  ​ ​ ​

2030

  ​ ​ ​

Thereafter

Operating lease payments for aircraft and facility obligations

$

125,124

$

11,396

$

22,600

$

17,502

$

14,670

$

7,627

$

51,329

Firm aircraft and spare engine commitments

 

2,164,005

327,291

533,728

331,374

325,670

335,505

310,437

Interest commitments

 

346,896

49,391

78,936

59,598

44,638

32,185

82,148

Principal maturities on long-term debt

 

2,310,957

317,807

535,395

367,963

264,869

289,849

535,074

Total commitments and obligations

$

4,946,982

$

705,885

$

1,170,659

$

776,437

$

649,847

$

665,166

$

978,988