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Long-Term Debt (Tables) | 12 Months Ended
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Dec. 31, 2019
Long-Term Debt |
Schedule of long-term debt | Long-term debt consisted of the following as of December 31, 2019 and 2018 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, |  | December 31, |
​ | ​ | 2019 | ​ | 2018 |
Notes payable to banks, due in semi-annual installments, variable interest based on LIBOR, or with an interest rate of 4.00% through 2019, secured by aircraft | ​ | $ | — | ​ | $ | 6,429 | ​
Notes payable to a financing company, due in semi-annual installments, with a fixed interest rate of 3.25% through 2021, secured by aircraft | ​ |  | 18,412 | ​ |  | 36,324 | ​
Notes payable to banks, due in semi-annual installments plus interest at 6.10% to 6.51% through 2021, secured by aircraft | ​ |  | 22,557 | ​ |  | 41,592 | ​
Notes payable to banks, due in monthly installments, plus interest at 1.95% to 6.86% through 2029, secured by aircraft | ​ |  | 438,878 | ​ |  | 476,369 | ​
Notes payable to banks, due in quarterly installments, plus interest at 3.39% to 5.08% through 2031, secured by aircraft | ​ | ​ | 2,537,676 | ​ | ​ | 2,621,416 | ​
Notes payable to banks due in monthly installments, interest at 3.30% through 2019, secured by spare engines | ​ |  | — | ​ |  | 3,308 | ​
Long-term debt | ​ | $ | 3,017,523 | ​ | $ | 3,185,438 | ​
Current portion of long-term debt | ​ |  | (367,954) | ​ |  | (354,072) | ​
Less long-term portion of unamortized debt issue cost, net | ​ | ​ | (20,580) | ​ | ​ | (21,598) | ​
Long-term debt, net of current maturities and debt issue costs | ​ | $ | 2,628,989 | ​ | $ | 2,809,768 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Current portion of long-term debt | ​ |  | 367,954 | ​ |  | 354,072 | ​
Less current portion of unamortized debt issue cost, net | ​ | ​ | (3,828) | ​ | ​ | (3,866) | ​
Current portion of long-term debt, net of debt issue costs | ​ | $ | 364,126 | ​ | $ | 350,206 | ​
Schedule of maturities of long-term debt | The aggregate amounts of principal maturities of long-term debt as of December 31, 2019 were as follows (in thousands):
​ | ​ | ​ | ​ | ​
2020 |  | $ | 367,954 |
2021 | ​ |  | 352,005 | ​
2022 | ​ |  | 365,907 | ​
2023 | ​ |  | 374,906 | ​
2024 | ​ |  | 327,630 | ​
Thereafter | ​ |  | 1,229,121 | ​
​ | ​ | $ | 3,017,523 | ​

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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