XML 66 R38.htm IDEA: XBRL DOCUMENT v3.25.4
Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Long-term Purchase Commitment
As of December 31, 2025, the Company’s firm aircraft and engine purchase orders consisted of the following:
A320neoA321neo
Total
Aircraft(a)
Engines
Year Ending
20268 16 24 2 
20278 26 34 3 
20284 30 34 2 
2029— 36 36 5 
2030— 28 28 — 
Thereafter— 12 12 9 
Total20 148 168 21 
___________________
(a)    While the schedule presented above reflects the contractual delivery dates as of December 31, 2025, the Company continues to experience delays in the deliveries of Airbus aircraft which may persist in future periods.
Schedule of Contractual Price Escalations and PDPs
As of December 31, 2025, purchase commitments for these aircraft and engines, including estimated amounts for contractual price escalations and PDPs, consisted of the following (in millions):
Total
Year Ending
2026$1,426 
20272,093 
20282,133 
20292,374 
20301,821 
Thereafter943 
Total$10,790 
Schedule of Collective Bargaining Agreements The table below sets forth the Company’s employee groups and status of the collective bargaining agreements as of December 31, 2025:
Percentage of Workforce
Employee GroupRepresentative
Amendable Date (a)
December 31, 2025
PilotsAir Line Pilots Association (“ALPA”)
January 2024(b)
29%
Flight AttendantsAssociation of Flight Attendants (“AFA-CWA”)
May 2024(c)
48%
Aircraft TechniciansInternational Brotherhood of Teamsters (“IBT”)
May 2025(d)
6%
Aircraft Appearance AgentsIBT
July 2030
1%
DispatchersTransport Workers Union (“TWU”)
August 2028
1%
Material SpecialistsIBT
November 2030(e)
1%
Maintenance ControllersIBT
December 2030(f)
<1%
__________________
(a)Subject to standard early opener provisions.
(b)ALPA filed for mediation through the National Mediation Board (the “NMB”) in January 2024, and the parties are meeting regularly as part of the mediation process. Pursuant to the U.S. Railway Labor Act (the “RLA”), the parties continue to be bound by the existing agreements as negotiations continue.
(c)AFA-CWA filed for mediation through the NMB in October 2024, and the parties are meeting monthly as part of the mediation process, with the first meeting held in February 2025. Pursuant to the RLA, the parties continue to be bound by the existing agreements as negotiations continue.
(d)The Company’s collective bargaining agreements with its aircraft technicians, represented by IBT, were still amendable as of December 31, 2025. Pursuant to the United States Railway Labor Act (the “RLA”), the parties continue to be bound by the existing agreements as negotiations continue.
(e)Effective as of November 7, 2025, a new five-year agreement with the Company’s material specialists was executed.
(f)Effective as of December 10, 2025, a new five-year agreement with the Company’s maintenance controllers was executed.