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Segments (Tables) | 3 Months Ended
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Mar. 31, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Selected information for the Company's segments and the reconciliation to the consolidated financial statement amounts are as follows:
| Three Months Ended March 31, 2024 |  | Three Months Ended March 31, 2023
| Airline |  | Sunseeker |  | Consolidated |  | Airline |  | Sunseeker |  | Consolidated
OPERATING REVENUES: |  |  |  |  |  |  |  |  |  |  |
Passenger | $ | 579,936 |  |  | $ | — |  |  | $ | 579,936 |  |  | $ | 609,277 |  |  | $ | — |  |  | $ | 609,277 |
Third party products | 33,399 |  |  | — |  |  | 33,399 |  |  | 26,037 |  |  | — |  |  | 26,037 |
Fixed fee contracts | 18,861 |  |  | — |  |  | 18,861 |  |  | 14,117 |  |  | — |  |  | 14,117 |
Resort and other | 323 |  |  | 23,887 |  |  | 24,210 |  |  | 251 |  |  | 5 |  |  | 256 |
Total operating revenues | 632,519 |  |  | 23,887 |  |  | 656,406 |  |  | 649,682 |  |  | 5 |  |  | 649,687 |
OPERATING EXPENSES: |  |  |  |  |  |  |  |  |  |  |
Salaries and benefits | 199,508 |  |  | 13,819 |  |  | 213,327 |  |  | 157,521 |  |  | 2,102 |  |  | 159,623 |
Aircraft fuel | 170,087 |  |  | — |  |  | 170,087 |  |  | 189,546 |  |  | — |  |  | 189,546 |
Station operations | 66,468 |  |  | — |  |  | 66,468 |  |  | 61,520 |  |  | — |  |  | 61,520 |
Depreciation and amortization | 57,868 |  |  | 5,976 |  |  | 63,844 |  |  | 54,622 |  |  | 58 |  |  | 54,680 |
Sales and marketing | 28,878 |  |  | 1,541 |  |  | 30,419 |  |  | 26,640 |  |  | 288 |  |  | 26,928 |
Maintenance and repairs | 30,278 |  |  | — |  |  | 30,278 |  |  | 26,442 |  |  | — |  |  | 26,442 |
Aircraft lease rentals | 5,985 |  |  | — |  |  | 5,985 |  |  | 7,092 |  |  | — |  |  | 7,092 |
Other | 34,315 |  |  | 13,136 |  |  | 47,451 |  |  | 28,711 |  |  | 1,932 |  |  | 30,643 |
Special charges, net of recoveries | 14,915 |  |  | (1,816) |  |  | 13,099 |  |  | 14 |  |  | (1,626) |  |  | (1,612) |
Total operating expenses | 608,302 |  |  | 32,656 |  |  | 640,958 |  |  | 552,108 |  |  | 2,754 |  |  | 554,862 |
OPERATING INCOME (LOSS) | 24,217 |  |  | (8,769) |  |  | 15,448 |  |  | 97,574 |  |  | (2,749) |  |  | 94,825 |
Interest income | (12,241) |  |  | — |  |  | (12,241) |  |  | (10,128) |  |  | — |  |  | (10,128) |
Interest expense | 34,737 |  |  | 5,423 |  |  | 40,160 |  |  | 30,343 |  |  | 5,365 |  |  | 35,708 |
Capitalized interest | (10,859) |  |  | (326) |  |  | (11,185) |  |  | (1,510) |  |  | (3,670) |  |  | (5,180) |
Capital expenditures | 122,175 |  |  | 14,004 |  |  | 136,179 |  |  | 92,432 |  |  | 85,620 |  |  | 178,052 |
Total assets were as follows as of the dates indicated:
(in thousands) | As of March 31, 2024 |  | As of December 31, 2023
Airline | $ | 4,265,765 |  |  | $ | 4,213,288 |
Sunseeker Resort | 669,366 |  |  | 656,122 |
Consolidated | $ | 4,935,131 |  |  | $ | 4,869,410 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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