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Pay vs Performance Disclosure
12 Months Ended 36 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2022
Pay vs Performance Disclosure [Table]        
Pay vs Performance [Table Text Block]      

PAY VERSUS PERFORMANCE

 

As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between compensation actually paid to our NEOs and certain financial performance metrics of the Company using a methodology that has been prescribed by the SEC.

 

         Average     Value of Initial Fixed $100
Investment Based on:
      
Fiscal
Year
  Summary
Compensation
Table Total
for PEO
($)(1)
  Compensation
Actually Paid
to PEO
($)(1)(2)
  Summary
Compensation
Table Total
for non-PEO
NEOs
($)(1)
  Average
Compensation
Actually Paid
to non-PEO
NEOs
($)(1)(2)
  Total
Shareholder
Return
($)
  Peer Group
Total
Shareholder
Return
($)(3)
  Net Income
($ millions)
  GAAP
Pre-tax
Margin
(%)(4)
(a)  (b)  (c)  (d)  (e)  (f)  (g)  (h)  (i)
2022  3,457,274  1,855,782  1,430,804  970,779  34.62  48.03  (362)  -4.8
2021  3,449,755  3,439,434  1,353,013  975,734  76.07  74.24  (182)  -4.4
2020  2,063,189  (953,474)  1,233,835  345,925  77.67  75.55  (1,356)  -64.0
(1) Our principal executive officer (PEO) for 2020-2022 is Robin Hayes. The non-PEO named executive officers reflected in columns (d) and (e) include the following individuals: Joanna Geraghty (2020-2022), Ursula Hurley (2021-2022), Carol Clements (2021-2022), Brandon Nelson (2020-2022), Stephen Priest (2020-2021) and Easwaran Sundaram (2020).
(2) The following amounts were deducted from / added to Summary Compensation Table (SCT) total compensation in accordance with the SEC-mandated adjustments to calculate Compensation Actually Paid (CAP) to our principal executive officer (PEO) and average CAP to our non-PEO named executive officers. The fair value of equity awards was determined using methodologies and assumptions developed in a manner substantively consistent with those used to determine the grant date fair value of such awards.

 

PEO SCT Total to CAP Reconciliation

 

  Fiscal Year  2020
($)
   2021
($)
   2022
($)
 
  SCT Total   2,063,189    3,449,755    3,457,274 
  - Grant Date Fair Value of Stock Awards Granted in Fiscal Year   (1,199,992)   (2,424,975)   (1,299,995)
  ± Fair Value at Fiscal Year-End of Outstanding Unvested Stock Awards Granted in Fiscal Year   956,049    1,706,465    525,360 
  ± Change in Fair Value of Outstanding Unvested Stock Awards Granted in Prior Fiscal Years   (2,347,520)   (19,222)   (941,859)
  ± Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year       46,909    31,572 
  ± Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year   (425,199)   680,503    83,430 
  - Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year            
  Compensation Actually Paid   (953,474)   3,439,434    1,855,782 
   Non-PEO NEO Average SCT Total to Average CAP Reconciliation         
                  
  Fiscal Year   2020
($)
    2021
($)
    2022
($)
 
  Average SCT Total   1,233,835    1,353,013    1,430,804 
  - Grant Date Fair Value of Stock Awards Granted in Fiscal Year   (570,304)   (756,980)   (399,992)
  ± Fair Value at Fiscal Year-End of Outstanding Unvested Stock Awards Granted in Fiscal Year   454,368    367,751    169,408 
  ± Change in Fair Value of Outstanding Unvested Stock Awards Granted in Prior Fiscal Years   (706,483)   (3,720)   (235,113)
  + Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year            
  ± Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year   (65,492)   122,032    5,672 
  - Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year       (106,363)    
  Average Compensation Actually Paid   345,925    975,734    970,779 
(3) The Peer Group for which Total Shareholder Return is provided in column (g) is the NYSE Arca Airline Index.
(4) Pre-tax Margin calculated using GAAP figures.
Company Selected Measure Name [1]       GAAP Pre-tax Margin
Named Executive Officers, Footnote [Text Block]       (1)Our principal executive officer (PEO) for 2020-2022 is Robin Hayes. The non-PEO named executive officers reflected in columns (d) and (e) include the following individuals: Joanna Geraghty (2020-2022), Ursula Hurley (2021-2022), Carol Clements (2021-2022), Brandon Nelson (2020-2022), Stephen Priest (2020-2021) and Easwaran Sundaram (2020).
Peer Group Issuers, Footnote [Text Block]       (3)The Peer Group for which Total Shareholder Return is provided in column (g) is the NYSE Arca Airline Index.
PEO Total Compensation Amount [2] $ 3,457,274 $ 3,449,755 $ 2,063,189  
PEO Actually Paid Compensation Amount [2],[3] 1,855,782 3,439,434 (953,474)  
Adjustment To PEO Compensation, Footnote [Text Block]      

PEO SCT Total to CAP Reconciliation

 

 Fiscal Year 2020
($)  2021
($)  2022
($)  SCT Total  2,063,189   3,449,755   3,457,274  - Grant Date Fair Value of Stock Awards Granted in Fiscal Year  (1,199,992)  (2,424,975)  (1,299,995) ± Fair Value at Fiscal Year-End of Outstanding Unvested Stock Awards Granted in Fiscal Year  956,049   1,706,465   525,360  ± Change in Fair Value of Outstanding Unvested Stock Awards Granted in Prior Fiscal Years  (2,347,520)  (19,222)  (941,859) ± Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year  –   46,909   31,572  ± Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year  (425,199)  680,503   83,430  - Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year  –   –   –  Compensation Actually Paid  (953,474)  3,439,434   1,855,782
Non-PEO NEO Average Total Compensation Amount [2] 1,430,804 1,353,013 1,233,835  
Non-PEO NEO Average Compensation Actually Paid Amount [2],[3] 970,779 975,734 345,925  
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]       Non-PEO NEO Average SCT Total to Average CAP Reconciliation                      Fiscal Year  2020
($)   2021
($)   2022
($)  Average SCT Total  1,233,835   1,353,013   1,430,804  - Grant Date Fair Value of Stock Awards Granted in Fiscal Year  (570,304)  (756,980)  (399,992) ± Fair Value at Fiscal Year-End of Outstanding Unvested Stock Awards Granted in Fiscal Year  454,368   367,751   169,408  ± Change in Fair Value of Outstanding Unvested Stock Awards Granted in Prior Fiscal Years  (706,483)  (3,720)  (235,113) + Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year  –   –   –  ± Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year  (65,492)  122,032   5,672  - Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year  –   (106,363)  –  Average Compensation Actually Paid  345,925   975,734   970,779
Compensation Actually Paid vs. Total Shareholder Return [Text Block]      

The chart below illustrates the relationship between the PEO and average Non-PEO CAP amounts and the Company’s and Peer Group’s TSR during the period 2020-2022.

 

Compensation Actually Paid vs. Net Income [Text Block]      

The charts below illustrate the relationship between the PEO and Non-PEO CAP amounts and the Company’s Net Income and Pre-tax Margin during the period 2020-2022.

 

Total Shareholder Return Amount 34.62 76.07 77.67  
Peer Group Total Shareholder Return Amount [4] 48.03 74.24 75.55  
Net Income (Loss) $ (362) $ (182) $ (1,356)  
Company Selected Measure Amount [1] (4.8) (4.4) (64)  
PEO Name       Robin Hayes
Additional 402(v) Disclosure [Text Block]

Tabular List Of Most Important Performance Measures

 

The five items listed below represent the most important performance metrics we used to determine CAP for 2022, as further described in our Compensation Discussion and Analysis within the sections titled “Annual Cash Incentive Awards” and “Long-Term Equity Awards.”

 

Most Important Performance Measures
Absolute Pre-Tax Margin
Relative Pre-Tax Margin
Controllable Costs
Crewmember WOW
On-time Performance
     
Measure [Axis]: 1        
Pay vs Performance Disclosure [Table]        
Measure Name       Absolute Pre-Tax Margin
Measure [Axis]: 2        
Pay vs Performance Disclosure [Table]        
Measure Name       Relative Pre-Tax Margin
Measure [Axis]: 3        
Pay vs Performance Disclosure [Table]        
Measure Name       Controllable Costs
Measure [Axis]: 4        
Pay vs Performance Disclosure [Table]        
Measure Name       Crewmember WOW
Measure [Axis]: 5        
Pay vs Performance Disclosure [Table]        
Measure Name       On-time Performance
PEO [Member] | Grant Date Fair Value of Stock Awards Granted in Fiscal Year [Member]        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount $ (1,299,995) $ (2,424,975) $ (1,199,992)  
PEO [Member] | Fair Value at Fiscal Year-End of Outstanding Unvested Stock Awards Granted in Fiscal Year [Member]        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 525,360 1,706,465 956,049  
PEO [Member] | Change in Fair Value of Outstanding Unvested Stock Awards Granted in Prior Fiscal Years [Member]        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount (941,859) (19,222) (2,347,520)  
PEO [Member] | Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year [Member]        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 31,572 46,909    
PEO [Member] | Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year [Member]        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 83,430 680,503 (425,199)  
Non-PEO NEO [Member] | Grant Date Fair Value of Stock Awards Granted in Fiscal Year [Member]        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount (399,992) (756,980) (570,304)  
Non-PEO NEO [Member] | Fair Value at Fiscal Year-End of Outstanding Unvested Stock Awards Granted in Fiscal Year [Member]        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 169,408 367,751 454,368  
Non-PEO NEO [Member] | Change in Fair Value of Outstanding Unvested Stock Awards Granted in Prior Fiscal Years [Member]        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount (235,113) (3,720) (706,483)  
Non-PEO NEO [Member] | Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year [Member]        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount $ 5,672 122,032 $ (65,492)  
Non-PEO NEO [Member] | Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year [Member]        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount   $ (106,363)    
[1] (4)Pre-tax Margin calculated using GAAP figures.
[2] (1)Our principal executive officer (PEO) for 2020-2022 is Robin Hayes. The non-PEO named executive officers reflected in columns (d) and (e) include the following individuals: Joanna Geraghty (2020-2022), Ursula Hurley (2021-2022), Carol Clements (2021-2022), Brandon Nelson (2020-2022), Stephen Priest (2020-2021) and Easwaran Sundaram (2020).
[3] (2)The following amounts were deducted from / added to Summary Compensation Table (SCT) total compensation in accordance with the SEC-mandated adjustments to calculate Compensation Actually Paid (CAP) to our principal executive officer (PEO) and average CAP to our non-PEO named executive officers. The fair value of equity awards was determined using methodologies and assumptions developed in a manner substantively consistent with those used to determine the grant date fair value of such awards.

PEO SCT Total to CAP Reconciliation

 

  Fiscal Year  2020
($)
   2021
($)
   2022
($)
 
  SCT Total   2,063,189    3,449,755    3,457,274 
  - Grant Date Fair Value of Stock Awards Granted in Fiscal Year   (1,199,992)   (2,424,975)   (1,299,995)
  ± Fair Value at Fiscal Year-End of Outstanding Unvested Stock Awards Granted in Fiscal Year   956,049    1,706,465    525,360 
  ± Change in Fair Value of Outstanding Unvested Stock Awards Granted in Prior Fiscal Years   (2,347,520)   (19,222)   (941,859)
  ± Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year       46,909    31,572 
  ± Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year   (425,199)   680,503    83,430 
  - Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year            
  Compensation Actually Paid   (953,474)   3,439,434    1,855,782 
   Non-PEO NEO Average SCT Total to Average CAP Reconciliation         
                  
  Fiscal Year   2020
($)
    2021
($)
    2022
($)
 
  Average SCT Total   1,233,835    1,353,013    1,430,804 
  - Grant Date Fair Value of Stock Awards Granted in Fiscal Year   (570,304)   (756,980)   (399,992)
  ± Fair Value at Fiscal Year-End of Outstanding Unvested Stock Awards Granted in Fiscal Year   454,368    367,751    169,408 
  ± Change in Fair Value of Outstanding Unvested Stock Awards Granted in Prior Fiscal Years   (706,483)   (3,720)   (235,113)
  + Fair Value at Vesting of Stock Awards Granted in Fiscal Year That Vested During Fiscal Year            
  ± Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year   (65,492)   122,032    5,672 
  - Fair Value as of Prior Fiscal Year-End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year       (106,363)    
  Average Compensation Actually Paid   345,925    975,734    970,779 
[4] (3)The Peer Group for which Total Shareholder Return is provided in column (g) is the NYSE Arca Airline Index.