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Revenue (Tables) | 6 Months Ended
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Jun. 30, 2024
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue by Service Type | The following table disaggregates revenue by service type and the timing of when these services are provided to the member or customer:
| Year Ended December 31,
(In thousands) | 2023 |  | 2022 |  |
Services transferred at a point in time: |  |  |  |  |
Flights | $ | 303,299 |  |  | $ | 314,039 |  |  |
Services transferred over time: |  |  |  |  |
Memberships | 5,458 |  |  | 3,939 |  |  |
MRO | 4,606 |  |  | 1,556 |  |  |
Fractional ownership purchase price | 1,999 |  |  | 508 |  |  |
| $ | 315,362 |  |  | $ | 320,042 |  |  |
The following table disaggregates revenue by service type and the timing of when these services are provided to the member or customer:
| Three Months Ended June 30, |  | Six Months Ended June 30, |
| 2024 |  | 2023 |  | 2024 |  | 2023 |  |
Services transferred at a point in time: |  |  |  |  |  |  |  |  |
Flights | $ | 74,384 |  |  | $ | 97,428 |  |  | $ | 150,504 |  |  | $ | 172,029 |  |  |
Services transferred over time: |  |  |  |  |  |  |  |  |
Memberships | 1,339 |  |  | 1,437 |  |  | 2,806 |  |  | 2,915 |  |  |
MRO | 2,244 |  |  | 1,113 |  |  | 3,734 |  |  | 1,817 |  |  |
Fractional ownership purchase price | 1,046 |  |  | 360 |  |  | 1,941 |  |  | 609 |  |  |
| $ | 79,013 |  |  | $ | 100,338 |  |  | $ | 158,985 |  |  | $ | 177,370 |  |  |
Rollforward of Deferred Revenue | The following tables provide a rollforward of deferred revenue:
(In thousands) | Amount
Balance as of December 31, 2021 | $ | 32,795 |
Revenue recognized | (179,355) |
Revenue deferred | 207,162 |
Balance as of December 31, 2022 | 60,602 |
Revenue recognized | (185,908) |
Revenue deferred | 219,246 |
Balance as of December 31, 2023 | $ | 93,940 |
The following tables provide a rollforward of deferred revenue for the six months ended June 30, 2024:
| Amount
Balance as of December 31, 2023 | $ | 93,940 |
Revenue recognized | 127,990 |
Revenue deferred | (130,787) |
Balance as of June 30, 2024 | $ | 91,143 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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