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Property, Plant and Equipment, net (Tables)
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment, Net The table below summarizes depreciable lives by asset category:
Estimated Useful Life
Aircraft, engines and rotable parts
1,500 – 6,000 flight hours
Vehicles and equipment
3 – 5 years
Buildings50 years
Leasehold improvements
27 – 29 years
Property, plant and equipment, net consist of the following:
As of December 31,
$s in thousands20242023
Aircraft$185,877 $184,290 
Less: Accumulated depreciation(38,210)(25,121)
Aircraft, net147,667 159,169 
Leasehold improvements35,504 34,824 
Buildings1,054 1,117 
Vehicles and equipment5,921 4,870 
Capitalized software and development costs35 — 
Construction-in-progress - Leasehold improvements
Finance lease right-of-use-asset101 121 
Licenses235 235 
Less: Accumulated depreciation(6,753)(3,730)
Buildings and equipment, net36,102 37,442 
Total property, plant and equipment, net$183,769 $196,611