| Schedule of long-term debt |
Long-term debt consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands): | | | | | | | | | | | | | | | | | Rate Terms | | | | | | | | | | | as of | | | | | | | | | | | | | June 30, | | Maturity | | June 30, | | December 31, | | | Type | | 2026 | | Date | | 2026 | | 2025 | Senior secured term loans (6.89% and 7.38% as of June 30, 2026 and December 31, 2025, respectively) | | Variable | | SOFR
+ 3.25% | | October 1, 2032 | | $ | 2,912,000 | | $ | 3,600,000 | Senior secured notes (7.38% as of June 30, 2026 and December 31, 2025, respectively) | | Fixed | | Fixed
at 7.38% | | October 1, 2032 | | | 1,000,000 | | | 1,000,000 | Other long-term debt, including promissory notes related to aircraft purchases | | Fixed | | Various | | Various | | | 559,296 | | | 503,886 | Total | | | | | | | | $ | 4,471,296 | | $ | 5,103,886 | Less current portion of long-term debt | | | | | | | | | (151,231) | | | (147,140) | Less unamortized deferred financing costs and debt discount | | | | | | | | | (53,688) | | | (57,977) | Long-term debt | | | | | | | | $ | 4,266,377 | | $ | 4,898,769 |
|