Annual report [Section 13 and 15(d), not S-K Item 405]

LEASES (Tables)

v3.25.0.1
LEASES (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Lease Cost Terms and Rent Expense
Operating leases for the periods reflected in the table below were as follows (in thousands, except years and percentages):
Twelve Months Ended December 31, 2024 Twelve Months Ended December 31, 2023 Nine Months Ended
December 31, 2022
Cash paid for operating leases $ 109,244 $ 106,408 $ 69,669
ROU assets obtained in exchange for lease obligations $ 73,290 $ 135,650 $ 107,034
Weighted average remaining lease term
4 years
5 years
5 years
Weighted average discount rate 6.58  % 6.38  % 6.09  %
Rent expense for the periods reflected in the table below were as follows (in thousands):
  Twelve Months Ended December 31, 2024 Twelve Months Ended December 31, 2023 Nine Months Ended
December 31, 2022
Rent expense under all operating leases $ 107,356  $ 102,729  $ 74,378 
Rent expense under operating leases for aircraft $ 86,581  $ 80,889  $ 57,976 
Schedule of Lessee, Operating Lease, Liability, Maturity
As of December 31, 2024, aggregate future payments under all non-cancelable operating leases that have initial or remaining terms in excess of one year, including leases for aircraft, are as follows (in thousands):
Aircraft Other Total
Twelve months ended December 31,
2025 $ 81,383  $ 11,508  $ 92,891 
2026 70,915  8,869  79,784 
2027 50,727  5,963  56,690 
2028 34,088  4,760  38,848 
2029 13,329  2,593  15,922 
Thereafter 18,971  7,264  26,235 
$ 269,413  $ 40,957  $ 310,370