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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:          
Net (Loss)/Income $ (173,188) $ (46,190) $ (91,015) $ (120,116) $ (182,678)
Adjustments to reconcile net loss to net cash flows (used in) provided by operating activities:          
Depreciation and amortization 13,934 23,116 40,041 60,359 81,508
Stock compensation expense 543 799 1,329 2,275 2,761
Unrealized loss on investments, net 53 4,048 6,145 (5,408) 13,715
Realized gain on investments   (7,230) (8,032)    
Deferred income taxes (7,576) 493 (242) (9,304) (52,221)
Amortization of deferred credits (4,126) (573) (1,067) 1,535 (852)
Amortization of debt discount and issuance costs and accretion of interest into long-term debt 3,514 5,408 8,334 6,324 9,681
Asset impairment 111,838 43,043 73,709 54,343 171,824
Loss/(Gain) on sale of assets 54,397 150 682 (7,162) (4,723)
(Gain) on extinguishment of debt   (2,954) (2,954) 1,505 397
(Gain) on debt forgiveness (4,500) (10,500) (10,500)    
Other 4,081 2,362 4,277 2,236 867
Changes in assets and liabilities:          
Receivables (12,358) 3,603 2,990 (4,275) (811)
Expendable parts and supplies (4,255) (229) (1,334) (2,530) (2,882)
Prepaid expenses and other operating assets and liabilities 714 2,691 4,126 (769) (679)
Accounts payable (16,124) (1,007) 13,742 496 (2,772)
Deferred heavy maintenance, net     (1,637) (1,382) (8,066)
Deferred revenue 4,951 (10,552) (11,068) (3,020) (10,432)
Accrued expenses and other liabilities (5,910) 2,219 7,281 (3,938) (3,175)
Operating lease right-of-use assets and liabilities 61 (309) (563) 4,740 1,900
Net cash (used in) provided by operating activities (33,951) 8,388 34,244 (24,091) 13,362
Cash flows from investing activities:          
Capital expenditures (4,307) (13,192) (20,313) (36,641) (40,814)
Proceeds from (purchases of) investments in equity securities, net     9,617   (200)
Proceeds from sale of aircraft and engines 182,121 107,735 158,334 178,644 50,000
Investment transaction costs   (380) (380)    
Receipt (payment) of equipment and other deposits     1,530 282 (7,621)
Refund of equipment and other deposits 155 341      
Net cash provided by investing activities 177,969 94,504 148,788 142,285 1,365
Cash flows from financing activities:          
Proceeds from long-term debt   86,855 86,855 60,878 39,811
Principal payments on long-term debt and finance leases (105,488) (203,431) (286,299) (203,029) (114,910)
Payments of debt and warrant issuance costs       (917) (2,414)
Proceeds from issuance of common stock under ESPP     30 284 399
Debt prepayment costs   (922) (922)    
Proceeds from issuance of ESPP   48      
Payment of tax withholding for RSUs (1) (1) (138) (363) (455)
Net cash used in financing activities (105,489) (117,451) (200,474) (143,147) (77,569)
Net change in cash, cash equivalents and restricted cash 38,529 (14,559) (17,442) (24,953) (62,842)
Cash, cash equivalents and restricted cash at beginning of period 18,630 36,072 36,072 61,025 123,867
Cash, cash equivalents and restricted cash at end of period 57,159 21,513 18,630 36,072 61,025
Supplemental cash flow information          
Cash paid for interest 8,777 16,388 31,492 38,410 24,895
Cash paid for income taxes , net       419 487
Operating lease payments in operating cash flows 1,417 2,858 4,585 9,476 36,262
Supplemental non-cash operating activities          
Right-of-use assets obtained in exchange for lease liabilities 2,097 419 419 2,919 6,286
Supplemental non-cash financing activities          
Principal payments in exchange for transfer of aircraft 73,362        
Finance lease obtained in exchange for lease liability       65,481  
Principal payments in exchange for transfer of equity investment   12,610 12,610    
Principal forgiven $ 4,500 $ 10,500 $ 10,500    
Acquisition of finance leases         15,122
Investments in warrants to purchase common stock         3,260
Accrued capital expenditures       $ 196 $ 1,121