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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net loss $ (51,898) $ (33,165)
Adjustments to reconcile net loss to net cash flows (used in) provided by operating activities:    
Depreciation and amortization 11,594 26,748
Stock compensation expense 699 903
Unrealized loss on investments, net 11 8,595
Realized gain on investments   (8,032)
Deferred income taxes (3,255) (670)
Write off of warrant liability (25,125)  
Amortization of deferred credits (3,141) (914)
Amortization of debt discount and issuance costs and accretion of interest into long-term debt 3,354 6,043
Asset impairment 53,447 33,325
Loss on sale of assets 7,706  
(Gain) on debt forgiveness   (10,500)
Other 2,924 3,642
Changes in assets and liabilities:    
Receivables (16,564) 255
Expendable parts and supplies (5,440) (1,749)
Prepaid expenses and other operating assets and liabilities 721 1,522
Accounts payable (3,452) 17,645
Deferred revenue (3,328) (8,066)
Deferred heavy maintenance   (1,637)
Accrued expenses and other liabilities (2,816) 8,794
Operating lease right-of-use assets and liabilities (49) (672)
Net cash (used in) provided by operating activities (34,612) 42,067
Cash flows from investing activities:    
Capital expenditures (5,023) (13,429)
Proceeds from sale of aircraft and engines 100,539 104,845
Proceeds from sale of investments in equity securities   9,617
Investment transaction costs   (380)
Refund of equipment and other deposits (63) 1,530
Net cash provided by investing activities 95,453 102,183
Cash flows from financing activities:    
Proceeds from long-term debt   5,000
Principal payments on long-term debt and finance leases (62,032) (148,810)
Debt prepayment costs   (922)
Proceeds from issuance of ESPP   48
Payment of tax withholding for RSUs (13) (138)
Net cash used in financing activities (62,045) (144,822)
Net change in cash, cash equivalents and restricted cash (1,204) (572)
Cash, cash equivalents and restricted cash at beginning of period 42,984 19,202
Cash, cash equivalents and restricted cash at end of period 41,780 18,630
Supplemental cash flow information    
Cash paid for interest 8,506 24,544
Operating lease payments in operating cash flows 2,741 3,374
Supplemental non-cash operating activities    
Right-of-use assets obtained in exchange for lease liabilities 2,936 80
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   $ 10,500