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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net income (loss) $ (137) $ 85 $ (11)
Adjustments to reconcile net income (loss) to cash used in operating activities:      
Deferred income taxes 3 0 43
Depreciation and amortization 91 72 50
Gains recognized on sale-leaseback transactions (302) (294) (147)
Loss on extinguishment of debt 0 1 0
Stock-based compensation 21 16 14
Amortization of cash flow hedges, net of tax 1 1 1
Changes in operating assets and liabilities:      
Accounts receivable, net (12) 22 33
Supplies and other current assets 11 20 (7)
Aircraft maintenance deposits 0 82 (16)
Other long-term assets (257) (190) (163)
Accounts payable (1) (15) 47
Air traffic liability 58 41 (60)
Other liabilities (1) 77 (45)
Cash used in operating activities (525) (82) (261)
Cash flows from investing activities:      
Capital expenditures (75) (76) (51)
Pre-delivery deposits for flight equipment, net of refunds (24) 3 (36)
Other 0 (2) (3)
Cash used in investing activities (99) (75) (90)
Cash flows from financing activities:      
Proceeds from issuance of debt, net of issuance costs 492 476 171
Principal repayments on debt (380) (447) (131)
Proceeds from sale-leaseback transactions, net 441 264 163
Proceeds from the exercise of stock options 6 1 1
Tax withholdings on share-based awards (4) (6) (5)
Cash provided by financing activities 555 288 199
Net increase (decrease) in cash, cash equivalents and restricted cash (69) 131 (152)
Cash, cash equivalents and restricted cash, beginning of period 740 609 761
Cash, cash equivalents and restricted cash, end of period $ 671 $ 740 $ 609