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Segments
 3 Months Ended
Mar. 31, 2025
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 President and CEO, who assesses segment performance and makes resource allocation decisions using information about each operating segment's operating income and pretax income. The CODM reviews separate financial information and makes resource allocation decisions for 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. Scheduled service and fixed fee air transportation services have similar operating margins, economic characteristics and production processes (check-in, baggage handling and flight services) which target the same class of customers and are subject to the same regulatory environment. As a result, the Company believes its airline activities operate under one reportable segment and does not separately track expenses for scheduled service and fixed fee air transportation services.

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, Aileron Golf Course and other Resort amenities.

Segment profit or loss, revenues, significant segment expenses, and other required financial information for each of the Company's operating segments are set forth below:
Three Months Ended March 31, 2025
(in thousands)AirlineSunseekerConsolidated
REVENUES FROM EXTERNAL CUSTOMERS$668,386 $30,688 $699,074 
OPERATING EXPENSES:
Salaries and benefits220,374 11,065 231,439 
Aircraft fuel166,333 — 166,333 
Station operations73,505 — 73,505 
Depreciation and amortization59,711 3,601 63,312 
Maintenance and repairs34,854 — 34,854 
Sales and marketing23,370 1,726 25,096 
Aircraft lease rentals5,920 — 5,920 
Other operating expense(1)
22,075 13,093 35,168 
Special charges, net of recoveries1,392 (2,947)(1,555)
Total operating expenses607,534 26,538 634,072 
OPERATING INCOME60,852 4,150 65,002 
OTHER (INCOME) EXPENSES:
Interest income(11,935)— (11,935)
Interest expense28,949 11,834 40,783 
Capitalized interest(6,488)— (6,488)
Other non-operating expense702 — 702 
INCOME (LOSS) BEFORE INCOME TAXES$49,624 $(7,684)$41,940 
Capital expenditures83,136 406 83,542 

Three Months Ended March 31, 2024
(in thousands)AirlineSunseekerConsolidated
REVENUES FROM EXTERNAL CUSTOMERS$632,519 $23,887 $656,406 
OPERATING EXPENSES:
Salaries and benefits199,508 13,819 213,327 
Aircraft fuel170,087 — 170,087 
Station operations66,468 — 66,468 
Depreciation and amortization57,868 5,976 63,844 
Maintenance and repairs30,278 — 30,278 
Sales and marketing28,878 1,541 30,419 
Aircraft lease rentals5,985 — 5,985 
Other operating expense(1)
34,315 13,136 47,451 
Special charges, net of recoveries14,915 (1,816)13,099 
Total operating expenses608,302 32,656 640,958 
OPERATING INCOME (LOSS)24,217 (8,769)15,448 
OTHER (INCOME) EXPENSES:
Interest income(12,241)— (12,241)
Interest expense34,737 5,423 40,160 
Capitalized interest(10,859)(326)(11,185)
Other non-operating expense51 — 51 
INCOME (LOSS) BEFORE INCOME TAXES$12,529 $(13,866)$(1,337)
Capital expenditures122,175 14,004 136,179 

(1)     Other operating expenses in the Airline segment consist of insurance, crew training and travel, legal expense, gains and losses on the sale of flight equipment, and other general and administrative expenses. Other operating expenses in the Sunseeker segment consist of food and beverage cost of goods sold, contract labor, property tax, insurance, and other general and administrative expense.
Total assets were as follows as of the dates indicated:
(in thousands)As of March 31, 2025As of December 31, 2024
Airline$4,185,254 $4,116,289 
Sunseeker Resort318,608 313,564 
Consolidated$4,503,862 $4,429,853