XML 44 R29.htm IDEA: XBRL DOCUMENT v3.25.3
Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Summary of Cash, Cash Equivalents and Restricted Cash

Cash, cash equivalents and restricted cash consist of the following:

 

 

December 31,

 

 

September 30,

 

 

2024

 

 

2024

 

 

2023

 

Cash and cash equivalents

$

39,980

 

 

$

15,621

 

 

$

32,940

 

Restricted cash

 

3,004

 

 

 

3,009

 

 

 

3,132

 

Total cash, cash equivalents and restricted cash

$

42,984

 

 

$

18,630

 

 

$

36,072

 
Summary of Estimated Useful Lives of Various Classifications of Property and Equipment

Estimated useful lives of the various classifications of property and equipment are as follows:

 

Property and Equipment

Estimated Useful Life

Buildings

30 years

Aircraft

25 years from the manufacture date

Flight equipment

7-20 years

Equipment

5-9 years

Furniture and fixtures

3-5 years

Vehicles

5 years

Rotable spare parts

Life of the aircraft or term of the lease, whichever is less

Leasehold improvements

Life of the aircraft or term of the lease, whichever is less
Summary of Deferred Revenue Recognition Deferrals of revenue and recognition of previously deferred revenue during the three months ended December 31, 2024 are shown below:

 

 

 

Revenue Deferred/(Recognized)

 

Deferred revenue as of September 30, 2024

 

$

9,639

 

Fixed revenue deferrals

 

 

9,287

 

Pass-through revenue deferrals

 

 

2,858

 

Previously deferred fixed revenue recognized

 

 

(5,271

)

Previously deferred pass-through revenue recognized

 

 

(1,229

)

Deferred revenue as of December 31, 2024

 

$

15,284