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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
OPERATING REVENUES:      
Passenger $ 2,217,059 $ 2,324,397 $ 2,137,762
Third party products 142,128 112,579 100,959
Fixed fee contracts 80,660 68,548 60,937
Resort and other 72,742 4,333 2,171
Total operating revenues 2,512,589 2,509,857 2,301,829
OPERATING EXPENSES:      
Aircraft fuel 627,755 695,871 814,803
Salaries and benefits 819,843 687,803 552,413
Station operations 272,843 256,560 255,168
Depreciation and amortization 258,251 223,130 197,542
Maintenance and repairs 125,430 123,802 117,814
Sales and marketing 106,340 114,616 100,678
Aircraft lease rentals 23,573 24,948 23,621
Other 150,399 133,501 113,532
Special charges, net of recoveries 368,131 28,645 34,612
Total operating expenses 2,752,565 2,288,876 2,210,183
OPERATING INCOME (LOSS) (239,976) 220,981 91,646
OTHER (INCOME) EXPENSES:      
Interest income (44,012) (46,615) (16,469)
Interest expense 156,443 153,186 115,711
Capitalized interest (45,385) (45,132) (12,640)
Other, net 1,428 491 91
Total other expenses 68,474 61,930 86,693
INCOME (LOSS) BEFORE INCOME TAXES (308,450) 159,051 4,953
INCOME TAX PROVISION (BENEFIT) (68,212) 41,455 2,460
NET INCOME (LOSS) $ (240,238) $ 117,596 $ 2,493
Earnings (loss) per share to common shareholders:      
Basic (in dollars per share) $ (13.49) $ 6.32 $ 0.14
Diluted (in dollars per share) $ (13.49) $ 6.29 $ 0.14
Shares used for computation:      
Basic (in shares) 17,852 17,945 17,959
Diluted (in shares) 17,852 18,019 18,034
Cash dividends declared per share (in dollars per share) $ 1.20 $ 1.20 $ 0