Consolidated Statements of Cash Flows - USD ($)	3 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2021	Sep. 29, 2021	Dec. 31, 2021	Dec. 31, 2020
Successor
Operating activities:
Net income (loss)	$ (4,191,700)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Net (gain) loss on disposal of assets
Depreciation
Provision for impairment in value of aircraft
Provision for bad debts	300,000
Non-cash interest
Deferred income taxes	(114,500)
PPP loans forgiveness
Reorganization gains
Derivative valuations
Changes in operating assets and liabilities:
Accounts receivable
Finance leases receivable	150,000
Office lease right of use
Prepaid expenses and other current assets	1,239,300
Taxes receivable	(700)
Accounts payable and accrued expenses	1,547,600
Accrued payroll	(70,800)
Accrued interest on notes payable
Derivative liability
Swap termination liability
Office lease liability
Maintenance reserves and accrued costs
Security deposits
Unearned revenue
Income taxes payable	(5,900)
Net cash (used in) provided by operating activities	(1,146,700)
Investing activities:
Prepayments for intangible assets	(1,000,000)
Proceeds from sale of aircraft held for lease, net of re-sale fees
Proceeds from sale of assets held for sale, net of re-sale fees
Net cash (used in) provided by investing activities	(1,000,000)
Financing activities:
Payments of dividends	(999,800)
Subscription fee advanced from the Plan Sponsor
Capital contribution into JHC
Repayment of notes payable – MUFG Credit Facility
Repayment of notes payable – Drake debt
Repayment of notes payable – Nord Term Loans
Issuance of notes payable – PPP Loan
Debt issuance costs
Net cash used in financing activities	(999,800)
Net (decrease) increase in cash, cash equivalents and restricted cash	(3,146,500)
Cash, cash equivalents and restricted cash, beginning of period/year	10,527,200
Cash, cash equivalents and restricted cash, end of period/year	7,380,700	$ 10,527,200	$ 7,380,700
Cash and cash equivalents	7,380,700
Cash and cash equivalents held for sale
Restricted cash held for sale
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	7,380,700
Payment of interest expenses
Payment of income tax expenses	8,600
Predecessor
Operating activities:
Net income (loss)		18,844,400		$ (42,243,700)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Net (gain) loss on disposal of assets		194,900		(133,000)
Depreciation		1,176,100		7,027,200
Provision for impairment in value of aircraft		4,204,400		28,751,800
Provision for bad debts		1,147,000		1,503,000
Non-cash interest		2,669,600		4,583,500
Deferred income taxes		1,265,400		(3,537,300)
PPP loans forgiveness		(279,200)
Reorganization gains		(27,738,300)
Derivative valuations		2,600		1,743,100
Changes in operating assets and liabilities:
Accounts receivable		(1,570,500)		800,100
Finance leases receivable				(12,100)
Office lease right of use		142,400		805,900
Prepaid expenses and other current assets		(287,000)		(12,400)
Taxes receivable		(1,169,300)		(53,800)
Accounts payable and accrued expenses		275,000		(360,400)
Accrued payroll		42,000		25,900
Accrued interest on notes payable		2,600		5,971,900
Derivative liability		(106,700)		(1,056,600)
Swap termination liability		33,200		3,075,300
Office lease liability		(172,000)		(164,400)
Maintenance reserves and accrued costs		60,600		(752,600)
Security deposits				200,000
Unearned revenue				(2,011,800)
Income taxes payable		(39,600)		(174,100)
Net cash (used in) provided by operating activities		(1,304,400)		3,975,500
Investing activities:
Prepayments for intangible assets
Proceeds from sale of aircraft held for lease, net of re-sale fees				13,851,800
Proceeds from sale of assets held for sale, net of re-sale fees		12,046,100		3,265,200
Net cash (used in) provided by investing activities		12,046,100		17,117,000
Financing activities:
Payments of dividends
Subscription fee advanced from the Plan Sponsor		10,953,100
Capital contribution into JHC		35,000
Repayment of notes payable – MUFG Credit Facility		(11,011,700)		(1,165,000)
Repayment of notes payable – Drake debt		(4,753,500)
Repayment of notes payable – Nord Term Loans		(703,100)		(16,823,100)
Issuance of notes payable – PPP Loan		170,000		276,400
Debt issuance costs		(5,200)		(1,707,000)
Net cash used in financing activities		(5,315,400)		(19,418,700)
Net (decrease) increase in cash, cash equivalents and restricted cash		5,426,300		1,673,800
Cash, cash equivalents and restricted cash, beginning of period/year	$ 10,527,200	5,100,900	$ 5,100,900	3,427,100
Cash, cash equivalents and restricted cash, end of period/year		10,527,200		5,100,900
Cash and cash equivalents		10,527,200		2,408,700
Cash and cash equivalents held for sale				345,900
Restricted cash held for sale				2,346,300
Total cash, cash equivalents and restricted cash shown in the statement of cash flows		10,527,200		5,100,900
Payment of interest expenses		186,500		3,514,100
Payment of income tax expenses		$ 4,000		$ 222,900