v3.26.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill
The following table presents Goodwill carrying values and the change in balance, by reporting unit, during the six months ended June 30, 2026 (in thousands):
WUP LegacyAir PartnerTotal
Balance as of December 31, 2025(1)
$136,098 $73,799 $209,897 
Foreign currency translation adjustment— (1,111)(1,111)
Balance as of June 30, 2026$136,098 $72,688 $208,786 
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(1)    Net of accumulated impairment losses of $306.2 million.
Schedule of Intangible Assets
The gross carrying value, accumulated amortization and net carrying value of Intangible assets consisted of the following (in thousands):
June 30, 2026
Gross Carrying
Value		Accumulated AmortizationNet Carrying
Value
Status$80,000 $46,536 $33,464 
Customer relationships85,334 58,966 26,368 
Trade name10,000 5,817 4,183 
Developed technology19,045 18,365 680 
Leasehold interest – favorable600 157 443 
Foreign currency translation adjustment109 94 15 
Total$195,088 $129,935 $65,153 
December 31, 2025
Gross Carrying
Value 		Accumulated AmortizationNet Carrying
Value
Status$80,000 $43,494 $36,506 
Customer relationships85,334 53,874 31,460 
Trade name10,000 5,437 4,563 
Developed technology19,045 17,004 2,041 
Leasehold interest – favorable600 146 454 
Foreign currency translation adjustment324 246 78 
Total$195,303 $120,201 $75,102 
Schedule of Intangible Liabilities The gross carrying value, accumulated amortization and net carrying value of Intangible liabilities consisted of the following as of the dates indicated in the tables below (in thousands):
June 30, 2026
Gross Carrying
Value		Accumulated AmortizationNet Carrying
Value
Intangible liabilities$20,000 $11,611 $8,389 
December 31, 2025
Gross Carrying
Value		Accumulated AmortizationNet Carrying
Value
Intangible liabilities$20,000 $10,849 $9,151 
Schedule of Future Amortization Expense
Future amortization expense of Intangible assets and Intangible liabilities held as of June 30, 2026, were as follows (in thousands):
Intangible
Assets		Intangible
Liabilities
Remainder of 2026$9,217 $763 
202714,440 1,525 
202813,960 1,525 
202913,216 1,525 
20307,134 1,525 
Thereafter7,186 1,526 
Total$65,153 $8,389