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Property and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
 
Property and equipment consisted of the following:
As of December 31,
 (in thousands)20242023
Airline
Flight equipment$3,345,458 $3,329,207 
Computer hardware and software320,432 274,927 
Land and buildings/leasehold improvements66,115 63,863 
Other property and equipment115,043 109,727 
Sunseeker Resort
Land and buildings/leasehold improvements255,201 542,129 
Other property and equipment34,894 75,116 
Total property and equipment4,137,143 4,394,969 
Less accumulated depreciation and amortization(1,067,194)(964,866)
Property and equipment, net$3,069,949 $3,430,103 

As of December 31, 2024, the Company had firm commitments to purchase 46 aircraft which are expected to be delivered between 2025 and 2027.

During the year ended December 31, 2024, the Company sold flight equipment with a carrying amount of $51.3 million for proceeds of $86.2 million resulting in a gain of $34.9 million, which is included as an offset to other operating expense in the Company's consolidated income statement.

Accrued capital expenditures as of December 31, 2024 and 2023 were $8.9 million and $71.7 million, respectively.

For the year ended December 31, 2024, the Company recorded a $321.8 million impairment loss related to the Sunseeker Resort Segment. The impairment is more fully discussed in Note 15.