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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (152,332) $ (66,097)
Adjustments to reconcile net loss to net cash flows (used in) provided by operating activities:    
Depreciation and amortization 17,311 32,846
Stock compensation expense 811 1,047
Unrealized loss on investments, net 53 6,073
Realized gain on investments   (6,454)
Deferred income taxes (7,597) (355)
Write off of warrant liability (25,125)  
Amortization of deferred credits (4,126) (798)
Amortization of debt discount and issuance costs and accretion of interest into long-term debt 4,163 6,243
Asset impairment 111,786 50,923
Loss on sale of assets 54,397 150
(Gain) on extinguishment of debt   (2,954)
(Gain) on debt forgiveness (4,500) (10,500)
Other 6,051 3,187
Changes in assets and liabilities:    
Receivables (7,869) 2,300
Expendable parts and supplies (5,977) (1,407)
Prepaid expenses and other operating assets and liabilities 1,206 4,006
Accounts payable (21,964) 6,055
Deferred revenue 3,680 (8,302)
Deferred heavy maintenance   (1,637)
Accrued expenses and other liabilities (13,311) 5,771
Operating lease right-of-use assets and liabilities (3) (501)
Net cash (used in) provided by operating activities (43,346) 19,596
Cash flows from investing activities:    
Capital expenditures (5,411) (16,908)
Proceeds from sale of aircraft and engines 198,973 127,136
Proceeds from sale of investments in equity securities   2,729
Investment transaction costs   (380)
Refund of equipment and other deposits 100 341
Net cash provided by investing activities 193,662 112,918
Cash flows from financing activities:    
Proceeds from long-term debt   86,855
Principal payments on long-term debt and finance leases (123,422) (235,156)
Debt prepayment costs   (922)
Proceeds from issuance of ESPP   48
Payment of tax withholding for RSUs (4) (126)
Net cash used in financing activities (123,426) (149,301)
Net change in cash, cash equivalents and restricted cash 26,890 (16,787)
Cash, cash equivalents and restricted cash at beginning of period 18,630 36,072
Cash, cash equivalents and restricted cash at end of period 45,520 19,285
Supplemental cash flow information    
Cash paid for interest 11,155 23,344
Operating lease payments in operating cash flows 2,109 3,738
Supplemental non-cash operating activities    
Right-of-use assets obtained in exchange for lease liabilities 2,936 419
Supplemental non-cash financing activities    
Principal payments in exchange for transfer of aircraft 73,362  
Principal payments in exchange for transfer of equity investment   12,610
Principal forgiven $ 4,500 $ 10,500