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Debt (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Outstanding Short-Term Notes Payable | The components of the Company’s outstanding Short-term notes payable consisted of the following:
| Weighted average interest rates |  | December 31, 2023 |  | December 31, 2022
Short-term notes payable |  |  |  |  |
Bank 2 | 7.5 | % |  | 14,400 |  |  | 3,756 |
Less: Unamortized debt issuance costs |  |  | (4) |  |  | (52) |
Total short-term notes payable |  |  | $ | 14,396 |  |  | $ | 3,704 |
Schedule of Long-Term Debt | The components of the Company’s outstanding long-term debt consisted of the following:
| Interest Rates |  | Amounts |  | Maturity Dates
| December 31, 2023 |  | December 31, 2022 |  | December 31, 2023 |  | December 31, 2022 |  | December 31, 2023 |  | December 31, 2022
Long-term notes payable with banks for the purchase of aircrafts |  |  |  |  |  |  |  |  |  |  |
Bank 1 | 4.0% - 7.3% |  | 4.0% - 5.5% |  | $ | 13,589 |  |  | $ | 24,275 |  |  | Aug 2025 - Feb 2027 |  | Aug 2023 - Sep 2026
Bank 2 | 4.0% - 7.8% |  | 4.0% - 6.3% |  | 13,769 |  |  | 15,518 |  |  | Dec 2025 - Jun 2028 |  | Jun 2023 - Nov 2027
Bank 3 | 3.5% Fixed - 2.3% + SOFR** |  | 3.5% Fixed - 2.2% + LIBOR† |  | 7,705 |  |  | 8,721 |  |  | Jan 2024 - Oct 2026 |  | Apr 2023 - Oct 2026
Bank 4 | 2.9% + SOFR** |  | 2.8% + LIBOR† |  | 4,082 |  |  | 4,440 |  |  | Sep 2024 - Dec 2024 |  | Sep 2024 - Dec 2024
Bank 5 | 5.3% - 6.0%* |  | 5.3% - 6.0% + LIBOR* † |  | 3,759 |  |  | 4,204 |  |  | Jul 2030 - Sep 2030 |  | Jul 2030 - Sep 2030
Bank 6 | 7.7% |  | 5.4% |  | 1,843 |  |  | 2,114 |  |  | Jan 2030 |  | Jan 2024
Bank 7 | 4.0% |  | 4.0% |  | 1,061 |  |  | 1,320 |  |  | Sep 2027 |  | Sep 2027
Long-term notes payable with financial institutions for the purchase of aircrafts |  |  |  |  |  |  |  |  |  |  |
Financial Institution 1 | 0.25% + Schwab Loan Rate |  | 5.3% |  | 3,290 |  |  | 3,650 |  |  | Dec 2027 |  | Dec 2027
Financial Institution 2 | 3.6% - 7.0% |  | 3.6% - 7.0% |  | 8,435 |  |  | 17,882 |  |  | Nov 2026 - May 2027 |  | Mar 2026 - Jun 2027
Financial Institution 3 | 9.0% - 9.5% |  | n/a |  | 22,612 |  |  | — |  |  | Sep 2033 - Dec 2033 |  | n/a
Credit facilities with financial institutions |  |  |  |  |  |  |  |  |  |  |
Financial Institution 4 | 1.3% + SOFR** - 2.8% + SOFR** |  | 2.3% + LIBOR † - 2.8% + SOFR** |  | 72,688 |  |  | 32,153 |  |  | See disclosure below |  | See disclosure below
Bridge Notes | n/a |  | 10.0% |  | n/a |  | 86,816 |  |  | See disclosure below |  | See disclosure below
Other long-term debt payable |  |  |  |  |  |  |  |  |  |  |
EID loan | See disclosure below |  | See disclosure below |  | 116 |  |  | 122 |  |  | See disclosure below |  | See disclosure below
Long-term debt from VIEs |  |  |  |  | 40,491 |  |  | 46,403 |  |  |  |  |
Total Long-term notes payable |  |  |  |  | 193,440 |  |  | 247,618 |  |  |  |  |
Less: Unamortized debt issuance costs and debt discount |  |  |  |  | (151) |  |  | (1,717) |  |  |  |  |
Less: current portion |  |  |  |  | (26,471) |  |  | (23,581) |  |  |  |  |
Long-term notes payable, non-current portion |  |  |  |  | $ | 166,818 |  |  | $ | 222,320 |  |  |  |  |
*The payment terms dictate that the Note shall bear interest at a rate equal to the Prime Rate plus 275 basis points with an initial interest rate set at 6% based on the Prime Rate and Loan Spread at the time of the agreement. The interest rate is to be adjusted every 5 years and be based on the Prime Rate published as of the date plus the Loan Spread. †LIBOR is defined as the "London Interbank Offer Rate". **SOFR is defined as “Secured Overnight Financing Rate” .
Schedule of Contractual Principal Payments | The table below presents the Company’s contractual principal payments (not including debt issuance costs) as of December 31, 2023 under then-outstanding long-term debt agreements in each of the next five calendar years (does not include VIE loans):
Fiscal year | Amount
2024 | $ | 23,408 |
2025 | 75,500 |
2026 | 21,309 |
2027 | 12,719 |
2028 | 2,528 |
Thereafter | 17,485 |
| 152,949 |
Long-term notes payable from VIE | 40,491 |
Debt issuance costs | (151) |
Total long-term notes payable | $ | 193,289 |

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