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Debt and Other Obligations (Tables)
9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Long-term debt is comprised of the following:
 
 
As of
 
As of
 
September 30, 2019

December 31, 2018
 
September 30, 2019
 
December 31, 2018
 
 
(in millions)
 
(weighted-average interest rates)
Fixed-rate senior term loans due through 2027
 
$
354.7

 
$
382.4

 
4.10
%
 
4.10
%
Fixed-rate junior term loans due through 2022
 
24.6

 
31.1

 
6.90
%
 
6.90
%
Fixed-rate loans due through 2031
 
660.0

 
625.1

 
3.48
%
 
3.88
%
Fixed-rate class A 2015-1 EETC due through 2028
 
363.6

 
378.6

 
4.10
%
 
4.10
%
Fixed-rate class B 2015-1 EETC due through 2024
 
76.0

 
80.0

 
4.45
%
 
4.45
%
Fixed-rate class C 2015-1 EETC due through 2023
 
103.8

 
109.5

 
4.93
%
 
4.93
%
Fixed-rate class AA 2017-1 EETC due through 2030

 
228.4

 
242.5

 
3.38
%
 
3.38
%
Fixed-rate class A 2017-1 EETC due through 2030

 
76.1

 
80.8

 
3.65
%
 
3.65
%
Fixed-rate class B 2017-1 EETC due through 2026

 
70.6

 
83.7

 
3.80
%
 
3.80
%
Fixed-rate class C 2017-1 EETC due through 2023

 
85.5

 
85.5

 
5.11
%
 
5.11
%
Revolving credit facility due in 2020
 
160.0

 
135.3

 
3.45
%
 
3.72
%
Long-term debt
 
2,203.3

 
2,234.5

 
 
 
 
Less current maturities
 
193.7

 
162.8

 
 
 
 
Less unamortized discounts, net

 
42.0

 
47.7

 
 
 
 
Total
 
$
1,967.6

 
$
2,024.0

 
 
 
 

Schedule of Maturities of Long-term Debt
At September 30, 2019, long-term debt principal payments for the next five years and thereafter are as follows:
 
 
September 30, 2019
 
 
(in millions)
Remainder of 2019
 
$
49.3

2020
 
221.1

2021
 
280.8

2022
 
164.3

2023
 
303.1

2024 and beyond
 
1,184.7

Total debt principal payments
 
$
2,203.3


Schedule of Interest Expense, Long-term Debt
Interest expense related to long-term debt and finance leases consists of the following:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
2019
 
2018
 
2019
 
2018
 
(in thousands)
Fixed-rate senior term loans
$
3,809

 
$
4,195

 
$
11,632

 
$
12,769

Fixed-rate junior term loans
454

 
605

 
1,467

 
1,908

Fixed-rate term loans
6,517

 
4,844

 
19,151

 
14,636

Class A 2015-1 EETC
3,747

 
4,057

 
11,294

 
12,214

Class B 2015-1 EETC
850

 
939

 
2,570

 
2,881

Class C 2015-1 EETC
1,279

 
1,420

 
3,894

 
2,209

Class AA 2017-1 EETC
1,973

 
1,751

 
5,959

 
4,008

Class A 2017-1 EETC
711

 
631

 
2,148

 
1,445

Class B 2017-1 EETC
708

 
700

 
2,199

 
1,636

Class C 2017-1 EETC
1,104

 
934

 
3,275

 
1,400

Revolving credit facility
1,493

 

 
4,466

 

Amortization of deferred financing costs
2,175

 
1,784

 
6,544

 
4,930

Commitment and other fees
281

 
49

 
400

 
182

Finance leases
37

 
16

 
376

 
54

Total
$
25,138

 
$
21,925

 
$
75,375

 
$
60,272