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Assets Held for Sale
6 Months Ended
Mar. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Assets Held for Sale
5.
Assets Held for Sale

During the three months ended March 31, 2025, management continued our plan to sell certain of our aircraft and related parts. As of December 31, 2024, the Company had a total of 28 airframes, 51 engines, and certain spare parts classified as held for sale. The Company completed the sale of four CRJ-900 airframes, and nine GE Model CF34-8C engines, and certain spare parts during the three months ended March 31, 2025.

During the three months ended March 31, 2025, the Company determined that three additional CRJ-900 airframes, four additional GE Model CF34-8C engines, and additional spare parts met the criteria to be classified as assets held for sale. We have a total of 27 airframes, 46 engines, and certain spare parts classified as held for sale as of March 31, 2025 with a net book value of $75.8 million, all of which is classified as current assets on our condensed consolidated balance sheet.