Quarterly report [Sections 13 or 15(d)]

Description of Business and Summary of Significant Accounting Policies (Tables)

v3.25.1
Description of Business and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Property and Equipment, Net
Useful Life
(in years)
March 31,
2025
December 31,
2024
Aircraft, engines and related rotable parts (1)
2 - 20
$ 29,501  $ 27,206 
Furniture and fixtures (2)
5
2,144  2,129 
Technology equipment (2)
3
567  564 
Leasehold improvements (2)
Shorter of useful life or life of lease 3,535  3,520 
Vehicles (1)
5
3,132  2,796 
Total property and equipment, gross 38,879  36,215 
Less: Accumulated depreciation (6,311) (5,297)
Total property and equipment, net $ 32,568  $ 30,918 
(1) Depreciation expense is included within cost of revenue.
(2) Depreciation expense is included within general and administrative expenses.