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Long-Term Debt (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Summary of Long-Term Debt | Long-term debt consisted of the following:
| As of December 31,
(in thousands) | 2023 |  | 2022
Fixed-rate debt and finance lease obligations due through 2032 | $ | 1,834,754 |  |  | $ | 1,720,998 |
Variable-rate debt due through 2029 | 424,900 |  |  | 375,980 |
Total long-term debt and finance lease obligations, net of related costs | 2,259,654 |  |  | 2,096,978 |
Less current maturities, net of related costs | 439,937 |  |  | 152,900 |
Long-term debt and finance lease obligations, net of current maturities and related costs | $ | 1,819,717 |  |  | $ | 1,944,078 |
Weighted average fixed-interest rate on debt | 6.3 | % |  | 6.5 | %
Weighted average variable-interest rate on debt | 7.9 | % |  | 6.1 | %
|  |  |  |  | Interest Rate(s) Per Annum at |  | As of December 31,
(in thousands) | Maturity Dates |  | December 31, 2023 |  | 2023 |  | 2022
Senior secured notes | 2027 |  | 7.25% |  | $ | 550,000 |  |  | $ | 700,000 |
Consolidated variable interest entities | 2024 | — | 2029 |  | 2.92 | % | — | 5.19% |  | 130,650 |  |  | 79,453 |
Revolving credit facilities | 2024 | — | 2027 |  | 7.97% |  | 200,000 |  |  | 30,327 |
Debt secured by aircraft, engines, other equipment and real estate | 2025 | — | 2031 |  | 1.87 | % | — | 8.26% |  | 596,271 |  |  | 466,335 |
Finance leases | 2028 | — | 2032 |  | 4.44 | % | — | 7.01% |  | 455,248 |  |  | 494,328 |
Construction loan agreement | 2028 |  | 5.75% |  | 350,000 |  |  | 350,000 |
Total debt |  |  |  |  |  |  |  |  | $ | 2,282,169 |  |  | $ | 2,120,443 |
Related costs |  |  |  |  |  |  |  |  | (22,515) |  |  | (23,465) |
Total debt net of related costs |  |  |  |  |  |  |  |  | $ | 2,259,654 |  |  | $ | 2,096,978 |
Schedule of Maturities of Long-term Debt | Maturities of long-term debt as of December 31, 2023, for the next five years and thereafter, in the aggregate, are:
(in thousands) | As of December 31, 2023
2024(1) | 439,937 |
2025 | 180,611 |
2026 | 176,152 |
2027 | 709,354 |
2028 | 328,569 |
Thereafter | 425,031 |
Total debt and finance lease obligations, net of related costs | $ | 2,259,654 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481544/470-10-50-1 + Details
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