DEBT (Tables)

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Summary of long term debt

Long-term Debt includes the following:

	March 31, 2022		December 31, 2021
Notes payable under the Company's 2019-1 EETC agreement dated December 2019, with original loan amounts of $248,587 payable in bi-annual installments, in June and December, through December 2027. These notes bear interest at an annual rate between 4.13% and 6.95% and the weighted average interest rate is 4.76% as of March 31, 2022.	$	202,984	$	202,984
Notes payable under the Company's 2022-1 EETC agreement dated March 2022, with a face amount of $188,277 payable in bi-annual installments, in March and September, through March 2031. These notes bear interest at an annual rate between 4.84% and 5.75% and the weighted average interest rate is 5.06% as of March 31, 2022.	77,986		—
Delayed Draw Term Loan Facility (see terms and conditions above)	—		77,481
Other Notes payable. These notes bear interest at an annual rate of approximately 5.00% and were repaid in full in February 2022.	—		466
Total Debt	280,970		280,931
Less: Unamortized debt issuance costs	(3,685)		(3,505)
Less: Current Maturities of Long-term Debt	(34,741)		(29,412)
Total Long-term Debt	$	242,544	$	248,014

Schedule of future maturities of the outstanding debt

Future maturities of the outstanding Debt are as follows:

	Debt Principal Payments		Amortization of Debt Issuance Costs		Net Debt
Remainder of 2022	$	30,917	$	(613)	$	30,304
2023	47,534		(757)		46,777
2024	49,173		(633)		48,540
2025	54,257		(518)		53,739
2026	34,684		(348)		34,336
Thereafter	64,405		(816)		63,589
Total as of March 31, 2022	$	280,970	$	(3,685)	$	277,285