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Summary of Significant Accounting Policies (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2025

Dec. 31, 2024

Accounting Policies [Abstract]

Schedule of Property and Equipment Useful Lives

Property and equipment, net consisted of the following:

		June 30, 2025				December 31, 2024
Transportation equipment		$	303,458			$	329,416
Office furniture and equipment			3,216				3,216
Leasehold improvements			2,407				2,328
Construction in progress			236				236
Deposits on transportation equipment			17,269				14,165
			326,586				349,361
Less: Accumulated depreciation			(93,805	)			(89,487	)
Property and equipment, net		$	232,781			$	259,874

Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets as follows:

		Estimated Useful Life
Transportation equipment		5-20 years
Office furniture and equipment		3-10 years
Leasehold improvements		Shorter of remaining lease term or useful life

Property and equipment, net consisted of the following:

			December 31, 2024				December 31, 2023
Transportation equipment		$	329,416			$	311,584
Office furniture and equipment			3,216				3,131
Leasehold improvements			2,328				2,306
Construction in progress			236				147
Deposits on transportation equipment			14,165				23,923
			349,361				341,091
Less: Accumulated depreciation			(89,487	)			(87,115	)
Property and equipment, net		$	259,874			$	253,976

Schedule of Aircraft Held for Sale

The following table summarizes the Company's held for sale activity during the six months ended June 30, 2025:

		Six Months Ended June 30,
		2025
Aircraft held for sale as of December 31, 2024		$	11,871
Aircraft held for sale sold			(3,650	)
Aircraft reclassified to held for sale			605
Impairment gain (loss) due to fair value adjustments			(197	)
Aircraft held for sale as of June 30, 2025		$	8,629

The following table summarizes the Company's held for sale activity during year ended December 31, 2024:

			Year Ended December 31, 2024
Aircraft held for sale as of December 31, 2023		$	—
Aircraft sold			(27,327)
Aircraft reclassified to held for sale			42,960
Less: Impairment loss due to fair value adjustments			3,762
Aircraft held for sale as of December 31, 2024		$	11,871

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Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

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Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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