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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:          
Net (Loss)/Income $ (152,332) $ (66,097) $ (91,015) $ (120,116) $ (182,678)
Adjustments to reconcile net loss to net cash flows (used in) provided by operating activities:          
Depreciation and amortization 17,311 32,846 40,041 60,359 81,508
Stock compensation expense 811 1,047 1,329 2,275 2,761
Unrealized loss on investments, net 53 6,073 6,145 (5,408) 13,715
Realized gain on investments 0 (6,454) (8,032)    
Deferred income taxes (7,597) (355) (242) (9,304) (52,221)
Write Off Warrant Liability (25,125) 0      
Amortization of deferred credits (4,126) (798) (1,067) 1,535 (852)
Amortization of debt discount and issuance costs and accretion of interest into long-term debt 4,163 6,243 8,334 6,324 9,681
Asset impairment 111,786 50,923 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 0 (2,954) (2,954) 1,505 397
(Gain) on debt forgiveness (4,500) (10,500) (10,500)    
Other 6,051 3,187 4,277 2,236 867
Changes in assets and liabilities:          
Receivables (7,869) 2,300 2,990 (4,275) (811)
Expendable parts and supplies (5,977) (1,407) (1,334) (2,530) (2,882)
Prepaid expenses and other operating assets and liabilities 1,206 4,006 4,126 (769) (679)
Accounts payable (21,964) 6,055 13,742 496 (2,772)
Deferred revenue 3,680 (8,302) (11,068) (3,020) (10,432)
Deferred heavy maintenance 0 (1,637) (1,637) (1,382) (8,066)
Accrued expenses and other liabilities (13,311) 5,771 7,281 (3,938) (3,175)
Operating lease right-of-use assets and liabilities (3) (501) (563) 4,740 1,900
Net cash (used in) provided by operating activities (43,346) 19,596 34,244 (24,091) 13,362
Cash flows from investing activities:          
Capital expenditures (5,411) (16,908) (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 198,973 127,136 158,334 178,644 50,000
Proceeds from sale of investments in equity securities 0 2,729      
Investment transaction costs 0 (380) (380)    
Receipt (payment) of equipment and other deposits     1,530 282 (7,621)
Refund of equipment and other deposits 100 341      
Net cash provided by investing activities 193,662 112,918 148,788 142,285 1,365
Cash flows from financing activities:          
Proceeds from long-term debt 0 86,855 86,855 60,878 39,811
Principal payments on long-term debt and finance leases (123,422) (235,156) (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 0 (922) (922)    
Proceeds from issuance of ESPP 0 48      
Payment of tax withholding for RSUs (4) (126) (138) (363) (455)
Net cash used in financing activities (123,426) (149,301) (200,474) (143,147) (77,569)
Net change in cash, cash equivalents and restricted cash 26,890 (16,787) (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 45,520 19,285 18,630 36,072 61,025
Supplemental cash flow information          
Cash paid for interest 11,155 23,344 31,492 38,410 24,895
Cash paid for income taxes , net       419 487
Operating lease payments in operating cash flows 2,109 3,738 4,585 9,476 36,262
Supplemental non-cash operating activities          
Right-of-use assets obtained in exchange for lease liabilities 2,936 419 419 2,919 6,286
Supplemental non-cash financing activities          
Principal payments in exchange for transfer of aircraft 73,362 0      
Finance lease obtained in exchange for lease liability       65,481  
Principal payments in exchange for transfer of equity investment 0 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