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Long-Term Debt, Finance Leases, and Other Borrowings (Tables)

3 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt as of December 31, 2024 and September 30, 2024 and 2023, consisted of the following (in thousands):

		December 31,				September 30,
		2024				2024				2023
Senior and subordinated notes payable to secured parties,    due in monthly installments, interest based on SOFR plus interest spread at 2.71% through 2027,    collateralized by the underlying aircraft			—				—				39,018
Notes payable to secured parties, due in semi-annual installments, interest based on fixed interest of 4.75% to 6.25% through 2028, collateralized by the underlying aircraft			85,469				85,469				108,815
Notes payable to secured parties, due in quarterly installments, interest based on SOFR plus interest at spread 2.20% to 2.32% for senior note & 4.50% for subordinated note through 2028,    collateralized by the underlying aircraft			—				73,884				90,401
United Revolving credit facility, quarterly interest based on SOFR plus interest spread at 4.50% through 2028			33,018				37,520				40,630
United Bridge Loan - due in quarterly installments based on SOFR plus interest spread at 4.50% through 2024			—				—				10,500
Other obligations due to financial institution, monthly and/or quarterly interest due from 2022 through 2031, collateralized    by the underlying equipment			—				4,681				67,637
Notes payable to financial institution, due in monthly installments, interest based on SOFR plus interest spread at 3.10% through    2024, collateralized by the underlying equipment			—				—				1,075
Notes payable to financial institution, due in monthly installments, interest based on fixed interest of 7.50%, through 2027,    collateralized by the underlying equipment			—				—				41,098
Notes payable to the UST, quarterly interest based on SOFR plus interest spread at 3.50% through 2025			112,121				113,656				139,100
Gross long-term debt, including current maturities			230,608				315,210				538,274
Less unamortized debt issuance costs			(1,433	)			(2,395	)			(5,083	)
Less notes payable warrants			(2,114	)			(2,544	)			(4,913	)
Net long-term debt, including current maturities			227,061				310,271				528,278
Less current portion, net of unamortized debt issuance costs			(143,275	)			(50,455	)			(163,550	)
Net long-term debt		$	83,786			$	259,816			$	364,728

Schedule of Principal Maturities of Long-term Debt

Principal maturities of long-term debt as of December 31, 2024, and for each of the next five years are as follows (in thousands):

Periods Ending December 31,		Total Principal
2025		$	144,148
2026			31,547
2027			31,426
2028			23,487
		$	230,608

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

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Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-1

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