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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
OPERATING ACTIVITIES:      
Net income (loss) $ 2,493 $ 151,853 $ (184,093)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 197,542 181,035 176,267
(Gain) loss on aircraft and other equipment disposals 2,158 (3,052) (1,811)
Special charges 34,268 13,998 292,790
Share-based compensation expense 15,198 16,127 19,287
Deferred income taxes 2,178 43,761 69,344
Other adjustments 12,082 14,777 19,136
Changes in certain assets and liabilities:      
Accounts receivable (33,887) (14,717) 4,390
Tax receivable 3,697 143,624 (164,585)
Prepaid expenses (10,625) (4,026) 10,224
Accounts payable 14,770 10,402 7,016
Accrued liabilities 58,309 48,060 (26,386)
Air traffic liability 72,006 (55) 57,558
Deferred major maintenance (54,675) (59,747) (40,352)
Other assets/liabilities (12,464) (3,847) (4,163)
Net cash provided by operating activities 303,050 538,193 234,622
INVESTING ACTIVITIES:      
Purchase of investment securities (1,267,266) (1,248,575) (686,600)
Proceeds from maturities of investment securities 1,301,286 954,970 504,600
Aircraft pre-delivery deposits (96,532) (11,924) 0
Purchase of property and equipment, including capitalized interest (434,690) (243,613) (281,159)
Proceeds from sale-leaseback transactions 0 0 87,580
Purchase of note receivable 0 (50,000) 0
Other investing activities 5,778 5,864 9,888
Net cash (used in) investing activities (491,424) (593,278) (365,691)
FINANCING ACTIVITIES:      
Proceeds from issuance of common stock 0 335,139 0
Cash dividends paid to shareholders [1] 0 0 (11,361)
Proceeds from the issuance of debt and finance lease obligations 863,627 281,657 427,987
Repurchase of common stock (29,905) 0 (33,773)
Principal payments on debt and finance lease obligations (701,596) (301,096) (217,766)
Debt issuance costs (14,297) (8,287) (7,203)
Other financing activities (84,710) (21,946) 6,719
Net cash provided by financing activities 33,119 285,467 164,603
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (155,255) 230,382 33,534
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD 400,701 170,319 136,785
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD 245,446 400,701 170,319
CASH PAYMENTS/(RECEIPTS) FOR:      
Interest paid, net of amount capitalized 82,903 43,511 48,002
Income tax paid (refunds) 308 (128,540) (95,229)
SUPPLEMENTAL DISCLOSURE OF NONCASH TRANSACTIONS      
Right-of-use (ROU) assets acquired 0 33,260 115,082
Purchases of property and equipment in accrued liabilities 54,641 17,671 19,294
Flight equipment acquired under finance leases $ 192,457 $ 101,340 $ 27,765
[1] Dividend declared and paid in the first quarter of 2020 prior to the onset of the pandemic. As a part of accepting benefits from the Treasury under payroll support programs, the Company agreed not to pay cash dividends through September 30, 2022.