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Segments
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Segments Segments
Operating segments are components of a company for which separate financial and operating information is regularly evaluated and reported to the Chief Operating Decision Maker ("CODM"), and is used to allocate resources and analyze performance. The Company's CODM is the executive leadership team, which reviews information about the Company's two operating segments: Airline and Sunseeker Resort.

Airline Segment

The Airline segment operates as a single business unit and includes all scheduled service air transportation, ancillary air-related products and services, third party products and services, fixed fee contract air transportation and other airline-related revenue. The CODM evaluation includes, but is not limited to, route and flight profitability data, ancillary and third party product and service offering statistics, and fixed fee contract information when making resource allocation decisions with the goal of optimizing consolidated financial results.

Sunseeker Resort Segment

The Sunseeker Resort segment operates as a single business unit and includes hotel rooms and suites for occupancy, group meeting facilities, food and beverage options, the Aileron Golf Course and other Resort amenities. The Resort opened on December 15, 2023. The CODM evaluation includes, but is not limited to, demand for hospitality offerings, occupancy rates, room pricing, food and beverage offerings, other charge points at the Resort and competitive information when making resource allocations with the goal of optimizing consolidated financial results.

For the year ended December 31, 2023, the Company recorded $26.5 million of preopening expenses related to the opening of the Resort, which is included in salaries and benefits expense, sales and marketing expense, and other expense in the consolidated statements of income.
Selected information for the Company's segments and the reconciliation to the consolidated financial statement amounts are as follows:
(in thousands)AirlineSunseeker ResortConsolidated
Year Ended December 31, 2023
Operating revenue:
    Passenger$2,324,397 $— $2,324,397 
    Third party products112,579 — 112,579 
    Fixed fee contract68,548 — 68,548 
    Other1,444 2,889 4,333 
Operating income (loss)251,468 (30,487)220,981 
Interest income(46,615)— (46,615)
Interest expense (1)
130,512 21,868 152,380 
Capitalized interest(21,838)(23,294)(45,132)
Depreciation and amortization220,915 2,215 223,130 
Capital expenditures568,309 321,044 889,353 
Year Ended December 31, 2022
Operating revenue:
Passenger$2,137,762 $— $2,137,762 
Third party products100,959 — 100,959 
Fixed fee contract60,937 — 60,937 
Other2,169 2 2,171 
Operating income (loss)136,968 (45,322)91,646 
Interest income(16,469)— (16,469)
Interest expense (1)
92,785 16,046 108,831 
Capitalized interest(4,308)(8,332)(12,640)
Depreciation and amortization197,433 109 197,542 
Capital expenditures475,254 288,408 763,662 
Year Ended December 31, 2021
Operating revenue:
Passenger$1,578,436 $— $1,578,436 
Third party products86,487 — 86,487 
Fixed fee contract41,184 — 41,184 
Other1,803 — 1,803 
Operating income (loss)271,073 (7,998)263,075 
Interest income(1,814)— (1,814)
Interest expense (1)
66,585 1,818 68,403 
Depreciation and amortization180,923 112 181,035 
Capital expenditures309,982 50,629 360,611 
(1)Excludes losses on debt extinguishment.

Total assets were as follows as of the dates indicated:
(in thousands)As of December 31, 2023As of December 31, 2022
Airline$4,213,288 $4,047,134 
Sunseeker Resort656,122 464,163 
Consolidated$4,869,410 $4,511,297