XML 21 R14.htm IDEA: XBRL DOCUMENT v3.25.2
Assets Held for Sale
9 Months Ended
Jun. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Assets Held for Sale
5.
Assets Held for Sale

During the three months ended June 30, 2025, management continued our plan to sell certain of our aircraft and related parts. As of March 31, 2025, the Company had a total of 27 airframes, 46 engines, and certain spare parts classified as held for sale. The Company completed the sale of six CRJ-900 airframes, 13 GE Model CF34-8C engines, and certain spare parts during the three months ended June 30, 2025.

During the three months ended June 30, 2025, the Company reclassified one spare engine to held for sale. We have a total of 21 airframes, 34 engines, and certain spare parts classified as held for sale as of June 30, 2025 with a net book value of $60.3 million, all of which is classified as current assets on our condensed consolidated balance sheet.