XML 70 R51.htm IDEA: XBRL DOCUMENT v3.21.2
Long-Term Debt, Finance Leases, and Other Borrowings - Additional Information (Detail)
1 Months Ended 3 Months Ended 12 Months Ended
Nov. 13, 2020
USD ($)
Nov. 12, 2020
USD ($)
Air-craft
Oct. 30, 2020
USD ($)
$ / shares
shares
Oct. 01, 2020
USD ($)
Sep. 27, 2019
USD ($)
Sep. 25, 2019
USD ($)
Jun. 14, 2019
USD ($)
Air-craft
Jan. 28, 2019
USD ($)
Jun. 30, 2019
USD ($)
Airfleet
Dec. 31, 2020
USD ($)
Mar. 31, 2020
USD ($)
Sep. 30, 2021
USD ($)
$ / shares
Sep. 30, 2020
USD ($)
Sep. 30, 2019
USD ($)
Nov. 14, 2020
USD ($)
Apr. 09, 2020
$ / shares
Jun. 28, 2018
shares
Debt Instrument [Line Items]                                  
Property and equipment, net                       $ 1,151,891,000 $ 1,212,415,000        
Long-Term Debt                       651,410,000 731,724,000        
Loss (gain) on extinguishment of debt                       (950,000)   $ 3,616,000      
Payment for debt extinguishment prepayment penalties                           1,672,000      
Non-cash lease termination expense                       4,508,000   9,540,000      
Proceeds from long-term debt                       195,000,000 23,000,000 $ 171,658,000      
Debt outstanding                       $ 670,335,000 743,250,000        
Warrants to purchase shares of common stock | shares                                 250,000
Warrants of common stock exercise price | $ / shares                       $ 0.004       $ 3.98  
Treasury Loan [Member] | Maximum [Member]                                  
Debt Instrument [Line Items]                                  
Calculated collateral coverage ratio     1.6                            
Treasury Loan [Member] | Minimum [Member]                                  
Debt Instrument [Line Items]                                  
Additional collateral coverage ratio     1.6                            
Loan Agreement [Member]                                  
Debt Instrument [Line Items]                                  
Repayments of long term debt   $ 167,700,000                              
Secured term loan facility, amount borrowed     $ 43,000,000.0                            
Secured term loan facility, additional amount borrowed $ 152,000,000.0                                
Warrants to purchase shares of common stock | shares     4,899,497                            
Warrants of common stock exercise price | $ / shares     $ 3.98                            
Debt issuance costs allocated to warrants                       $ 100,000          
Number of aircraft financed | Air-craft   44                              
Loan Agreement [Member] | EDC Loans [Member]                                  
Debt Instrument [Line Items]                                  
Repayments of long term debt 1,000,000.0                                
Debt issuance costs 3,100,000                                
Payment of loans   $ 164,200,000                              
Discount for balance amount of loans   $ 3,500,000                              
Debt discount 2,500,000                                
Loan Agreement [Member] | FortyThreeMillionTreasuryLoanMember                                  
Debt Instrument [Line Items]                                  
Capitalized debt issuance costs, net     $ 700,000                            
Loan Agreement [Member] | $152M Treasury Loan [Member]                                  
Debt Instrument [Line Items]                                  
Capitalized debt issuance costs, net 2,300,000                                
Export Development Canada [Member]                                  
Debt Instrument [Line Items]                                  
Principal payments deferred                         28,000,000.0        
Repayments of long term debt                   $ 167,700,000              
Repayments of previously deferred principal payments       $ 19,900,000                          
Revolving Credit Facility [Member]                                  
Debt Instrument [Line Items]                                  
Proceeds from long-term debt                         23,000,000.0        
Debt outstanding                       22,930,000 22,930,000        
Equipment Notes [Member]                                  
Debt Instrument [Line Items]                                  
Long-Term Debt                       $ 152,100,000          
Term Loan [Member]                                  
Debt Instrument [Line Items]                                  
Debt instrument, face amount               $ 91,200,000                  
Long term debt interest rate description                       LIBOR plus 3.10%          
Term loan, term               5 years                  
Write-off of financing cost               $ 1,900,000                  
Payment for debt extinguishment prepayment penalties               1,700,000                  
Term Loan [Member] | Spare Engine Facility [Member]                                  
Debt Instrument [Line Items]                                  
Long term debt interest rate description                       LIBOR plus 7.25%          
Loss (gain) on extinguishment of debt               $ 3,600,000                  
Term Loan [Member] | LIBOR [Member]                                  
Debt Instrument [Line Items]                                  
Long term debt, basis spread on variable rate               3.10%                  
Term Loan [Member] | LIBOR [Member] | Spare Engine Facility [Member]                                  
Debt Instrument [Line Items]                                  
Long term debt, basis spread on variable rate               7.25%                  
Notes Payable to Financial Institution, Collateralized by the Underlying Aircraft, Due 2023 [Member]                                  
Debt Instrument [Line Items]                                  
Debt outstanding                       $ 30,625,000 48,125,000        
Notes Payable to Financial Institution, Collateralized by the Underlying Aircraft, Due 2023 [Member] | CRJ-700 Aircraft [Member]                                  
Debt Instrument [Line Items]                                  
Debt instrument, face amount             $ 70,000,000.0   $ 70,000,000.0                
Long term debt interest rate description                       LIBOR plus 5.00%          
Number of aircraft purchased | Air-craft             10                    
Payment for aircraft purchased             $ 70,000,000.0                    
Non-cash lease termination expense             $ 9,500,000                    
Number of aircraft financed | Airfleet                 10                
Notes Payable to Financial Institution, Collateralized by the Underlying Aircraft, Due 2023 [Member] | LIBOR [Member] | CRJ-700 Aircraft [Member]                                  
Debt Instrument [Line Items]                                  
Long term debt, basis spread on variable rate             5.00%   5.00%                
Working Capital Draw Loan [Member] | Revolving Credit Facility [Member]                                  
Debt Instrument [Line Items]                                  
Debt instrument, face amount           $ 35,000,000.0                      
Long term debt interest rate description                       one-month LIBOR plus 3.75%.          
Term loan, term           3 years                      
Proceeds from long-term debt                     $ 23,000,000.0   23,000,000.0        
Debt outstanding                       $ 22,900,000          
Working Capital Draw Loan [Member] | LIBOR [Member] | Revolving Credit Facility [Member]                                  
Debt Instrument [Line Items]                                  
Long term debt, basis spread on variable rate           3.75%                      
Notes Payable to Financial Institution Due 2023 [Member]                                  
Debt Instrument [Line Items]                                  
Debt outstanding                       $ 4,000,000 $ 6,000,000        
Secured Term Loan Facility [Member] | Loan Agreement [Member]                                  
Debt Instrument [Line Items]                                  
Long term debt interest rate description                       three-month LIBOR plus 3.50%          
Long term debt, basis spread on variable rate     3.50%                            
Secured term loan facility, maximum borrowing capacity     $ 200,000,000.0                            
Secured term loan facility, amount borrowed     $ 43,000,000.0                            
Secured term loan facility, additional amount borrowed 152,000,000.0                           $ 0    
Debt instrument, maturity date                       Oct. 30, 2025          
Secured Term Loan Facility [Member] | Loan Agreement [Member] | Treasury Loan [Member]                                  
Debt Instrument [Line Items]                                  
Long term debt, basis spread on variable rate     3.50%                            
Secured term loan facility, amount borrowed     $ 43,000,000.0                            
Secured term loan facility, additional amount borrowed $ 152,000,000.0                           $ 0    
Debt instrument, maturity date     Oct. 30, 2025                            
Aircraft and Equipment [Member] | Pledged as Collateral [Member]                                  
Debt Instrument [Line Items]                                  
Property and equipment, net                       $ 1,027,900,000          
Flight Equipment [Member] | Notes Payable to Financial Institution Due 2023 [Member]                                  
Debt Instrument [Line Items]                                  
Debt instrument, face amount         $ 8,000,000.0                        
Long term debt interest rate description                       monthly LIBOR plus 5.00%   Libor plus 5.0%.      
Flight Equipment [Member] | Notes Payable to Financial Institution Due 2023 [Member] | LIBOR [Member]                                  
Debt Instrument [Line Items]                                  
Long term debt, basis spread on variable rate         5.00%