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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
OPERATING ACTIVITIES:      
Net income (loss) $ (240,238) $ 117,596 $ 2,493
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 258,251 223,130 197,542
(Gain) loss on aircraft and other equipment disposals (34,936) 920 2,158
Special charges, net of recoveries 348,985 27,189 34,268
Share-based compensation expense 22,568 29,749 15,198
Deferred income taxes (69,009) 38,214 2,178
Other adjustments (6,290) (11,284) 12,082
Changes in certain assets and liabilities:      
Accounts receivable 4,362 29,390 (33,887)
Tax receivable (5,616) 3,932 3,697
Prepaid expenses (10,518) (1,825) (10,625)
Accounts payable 8,742 (5,031) 14,770
Accrued liabilities 95,503 65,568 42,605
Loyalty program liability 9,899 14,313 15,704
Air traffic liability 17,427 (25,971) 72,006
Deferred major maintenance (73,331) (67,862) (54,675)
Other assets/liabilities 12,657 (14,936) (12,464)
Net cash provided by operating activities 338,456 423,092 303,050
INVESTING ACTIVITIES:      
Purchase of investment securities (567,299) (890,880) (1,267,266)
Proceeds from maturities of investment securities 763,841 976,804 1,301,286
Proceeds from sale of property and equipment 86,156 26,526 1,320
Aircraft pre-delivery deposits (35,053) (342,167) (96,532)
Purchase of property and equipment, including capitalized interest (300,154) (528,320) (434,690)
Proceeds from loan receivable 50,000 0 0
Insurance proceeds from damage to property & equipment 6,646 35,730 5,450
Other investing activities 1,441 430 (992)
Net cash provided by (used in) investing activities 5,578 (721,877) (491,424)
FINANCING ACTIVITIES:      
Cash dividends paid to shareholders (21,934) (22,144) 0
Proceeds from the issuance of debt and finance lease obligations 386,975 642,581 863,627
Repurchase of common stock (6,030) (30,078) (29,905)
Principal payments on debt and finance lease obligations (585,511) (480,818) (701,596)
Debt issuance costs (2,260) (7,116) (14,297)
Sunseeker construction financing disbursements 18,320 102,330 (92,650)
Other financing activities 9,141 8,168 7,940
Net cash provided by (used in) financing activities (201,299) 212,923 33,119
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 142,735 (85,862) (155,255)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD 159,584 245,446 400,701
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD 302,319 159,584 245,446
CASH PAYMENTS FOR:      
Interest paid, net of amount capitalized 107,381 111,912 82,903
Income tax paid 8,738 1,012 308
SUPPLEMENTAL DISCLOSURE OF NONCASH TRANSACTIONS      
Right-of-use (ROU) assets acquired 1,379 8,320 0
Purchases of property and equipment in accrued liabilities and other (671) 71,672 54,641
Flight equipment acquired under finance leases $ 0 $ 0 $ 192,457