INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2025

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Equity Method Investments

The following table presents the ownership interests and carrying values of the Company’s investments:

			Carrying Value
	Investment	Ownership Percentage	December 31, 2025		December 31, 2024
Advanced Engine Repair JV	Equity method	25%	$	22,429	$	19,048
2025 Partnership	Equity method	19%	281,740		—
QuickTurn Europe	Equity method	50%	9,987		—
			$	314,156	$	19,048

The following table presents the Company’s proportionate share of equity in (losses) earnings:

	Year Ended December 31,
	2025		2024		2023
Advanced Engine Repair JV	$	3,381	$	(1,993)	$	833
2025 Partnership (1)	(9,715)		—		—
Falcon MSN 177 LLC (2)	—		(207)		(148)
QuickTurn Europe	(484)		—		—
Quick Turn Engine Center LLC (3)	—		—		(2,291)
Total	$	(6,818)	$	(2,200)	$	(1,606)

(1) Includes the profit elimination of $(22,829) for the year ended December 31, 2025 for sales to the 2025 Partnership.

(2) On May 3, 2024, the Company purchased the remaining interest of Falcon MSN 177 LLC (“Falcon”). As a result, Falcon became a consolidated subsidiary, and is no longer accounted for as an equity method investment.

(3) On December 1, 2023, the Company purchased the remaining interest in QuickTurn.