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CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
OPERATING REVENUES:    
Passenger $ 616,750 $ 579,936
Third party products 35,203 33,399
Fixed fee contracts 16,252 18,861
Resort and other 30,869 24,210
Total operating revenues 699,074 656,406
OPERATING EXPENSES:    
Salaries and benefits 231,439 213,327
Aircraft fuel 166,333 170,087
Station operations 73,505 66,468
Depreciation and amortization 63,312 63,844
Sales and marketing 25,096 30,419
Maintenance and repairs 34,854 30,278
Aircraft lease rentals 5,920 5,985
Other 35,168 47,451
Special charges, net of recoveries (1,555) 13,099
Total operating expenses 634,072 640,958
OPERATING INCOME 65,002 15,448
OTHER (INCOME) EXPENSES:    
Interest expense 40,783 40,160
Capitalized interest (6,488) (11,185)
Interest income (11,935) (12,241)
Other, net 702 51
Total other expenses 23,062 16,785
INCOME (LOSS) BEFORE INCOME TAXES 41,940 (1,337)
INCOME TAX PROVISION (BENEFIT) 9,838 (418)
NET INCOME (LOSS) $ 32,102 $ (919)
Earnings (loss) per share to common shareholders:    
Basic (in dollars per share) $ 1.74 $ (0.07)
Diluted (in dollars per share) $ 1.73 $ (0.07)
Shares used for computation:    
Basic (in shares) 17,984 17,664
Diluted (in shares) 18,022 17,664
Cash dividends declared per share (in dollars per share) $ 0 $ 0.60