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Long-Term Debt
6 Months Ended
Jun. 30, 2021
Debt Disclosure [Abstract]  
Long-Term Debt Long-Term Debt
The following table summarizes the Company's Long-term debt and finance lease obligations as of the dates indicated:
(in thousands)June 30, 2021December 31, 2020
Fixed-rate debt and finance lease obligations due through 2030$621,750 $525,240 
Variable-rate debt due through 2029963,715 1,133,771 
Total long-term debt and finance lease obligations, net of related costs1,585,465 1,659,011 
Less current maturities, net of related costs144,382 217,234 
Long-term debt and finance lease obligations, net of current maturities and related costs$1,441,083 $1,441,777 
Weighted average fixed-interest rate on debt5.7%5.7%
Weighted average variable-interest rate on debt2.5%2.4%

Maturities of long-term debt and finance lease obligations for the remainder of 2021 and for the next four years and thereafter, in the aggregate, are: remaining in 2021 - $75.8 million; 2022 - $131.9 million; 2023 - $132.5 million; 2024 - $802.3 million; 2025 - $85.4 million; and $357.6 million thereafter.

Senior Secured Revolving Credit Facility

In March 2021, the Company entered into a new revolving credit facility under which it is entitled to borrow up to $50.0 million. The facility has a term of 24 months and the borrowing ability is based on the value of the Airbus A320 series aircraft placed into the collateral pool. The notes for amounts borrowed under the facility bear interest at a floating rate based on LIBOR and are due in March 2023. As of June 30, 2021, no aircraft collateral had been added to the collateral pool and the facility was undrawn.