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Segments (Tables) | 12 Months Ended
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Dec. 31, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | 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:
| Twelve Months Ended December 31, 2025
(in thousands) | Airline |  | Sunseeker |  | Consolidated
REVENUES FROM EXTERNAL CUSTOMERS | $ | 2,545,899 |  |  | $ | 60,680 |  |  | $ | 2,606,579 |
OPERATING EXPENSES: |  |  |  |  |
Salaries and benefits | 805,432 |  |  | 27,585 |  |  | 833,017 |
Aircraft fuel | 639,731 |  |  | — |  |  | 639,731 |
Station operations | 297,549 |  |  | — |  |  | 297,549 |
Depreciation and amortization | 242,026 |  |  | 7,159 |  |  | 249,185 |
Maintenance and repairs | 149,938 |  |  | — |  |  | 149,938 |
Sales and marketing | 95,053 |  |  | 4,390 |  |  | 99,443 |
Aircraft lease rentals | 36,488 |  |  | — |  |  | 36,488 |
Other operating expense(1) | 92,273 |  |  | 34,083 |  |  | 126,356 |
Special charges, net of recoveries | 43,539 |  |  | 94,166 |  |  | 137,705 |
Total operating expenses | 2,402,029 |  |  | 167,383 |  |  | 2,569,412 |
OPERATING INCOME (LOSS) | 143,870 |  |  | (106,703) |  |  | 37,167 |
OTHER (INCOME) EXPENSES: |  |  |  |  |
Interest income | (41,697) |  |  | — |  |  | (41,697) |
Interest expense | 126,769 |  |  | 23,466 |  |  | 150,235 |
Capitalized interest | (17,604) |  |  | — |  |  | (17,604) |
Other non-operating expense(2) | 1,107 |  |  | — |  |  | 1,107 |
INCOME (LOSS) BEFORE INCOME TAXES | $ | 75,295 |  |  | $ | (130,169) |  |  | $ | (54,874) |
Capital expenditures | 406,805 |  |  | 1,442 |  |  | 408,247 |
Total assets | 4,209,401 |  |  | — |  |  | 4,209,401 |
| Twelve Months Ended December 31, 2024
(in thousands) | Airline |  | Sunseeker |  | Consolidated
REVENUES FROM EXTERNAL CUSTOMERS | $ | 2,440,839 |  |  | $ | 71,750 |  |  | $ | 2,512,589 |
OPERATING EXPENSES: |  |  |  |  |
Salaries and benefits | 770,667 |  |  | 49,176 |  |  | 819,843 |
Aircraft fuel | 627,755 |  |  | — |  |  | 627,755 |
Station operations | 272,843 |  |  | — |  |  | 272,843 |
Depreciation and amortization | 231,789 |  |  | 26,462 |  |  | 258,251 |
Maintenance and repairs | 125,430 |  |  | — |  |  | 125,430 |
Sales and marketing | 99,269 |  |  | 7,071 |  |  | 106,340 |
Aircraft lease rentals | 23,573 |  |  | — |  |  | 23,573 |
Other operating expense(1) | 102,007 |  |  | 48,392 |  |  | 150,399 |
Special charges, net of recoveries | 45,307 |  |  | 322,824 |  |  | 368,131 |
Total operating expenses | 2,298,640 |  |  | 453,925 |  |  | 2,752,565 |
OPERATING INCOME (LOSS) | 142,199 |  |  | (382,175) |  |  | (239,976) |
OTHER (INCOME) EXPENSES: |  |  |  |  |
Interest income | (44,012) |  |  | — |  |  | (44,012) |
Interest expense | 135,584 |  |  | 20,859 |  |  | 156,443 |
Capitalized interest | (45,059) |  |  | (326) |  |  | (45,385) |
Other non-operating expense(2) | 1,428 |  |  | — |  |  | 1,428 |
INCOME (LOSS) BEFORE INCOME TAXES | $ | 94,258 |  |  | $ | (402,708) |  |  | $ | (308,450) |
Capital expenditures | 244,802 |  |  | 19,499 |  |  | 264,301 |
Total assets | 4,116,289 |  |  | 313,564 |  |  | 4,429,853 |
| Twelve Months Ended December 31, 2023
(in thousands) | Airline |  | Sunseeker |  | Consolidated
REVENUES FROM EXTERNAL CUSTOMERS | $ | 2,506,976 |  |  | $ | 2,881 |  |  | $ | 2,509,857 |
OPERATING EXPENSES: |  |  |  |  |
Salaries and benefits | 672,459 |  |  | 15,344 |  |  | 687,803 |
Aircraft fuel | 695,871 |  |  | — |  |  | 695,871 |
Station operations | 256,560 |  |  | — |  |  | 256,560 |
Depreciation and amortization | 220,915 |  |  | 2,215 |  |  | 223,130 |
Maintenance and repairs | 123,802 |  |  | — |  |  | 123,802 |
Sales and marketing | 108,453 |  |  | 6,163 |  |  | 114,616 |
Aircraft lease rentals | 24,948 |  |  | — |  |  | 24,948 |
Other operating expense(1) | 117,400 |  |  | 16,101 |  |  | 133,501 |
Special charges, net of recoveries | 35,091 |  |  | (6,446) |  |  | 28,645 |
Total operating expenses | 2,255,499 |  |  | 33,377 |  |  | 2,288,876 |
OPERATING INCOME (LOSS) | 251,477 |  |  | (30,496) |  |  | 220,981 |
OTHER (INCOME) EXPENSES: |  |  |  |  |
Interest income | (46,615) |  |  | — |  |  | (46,615) |
Interest expense | 131,318 |  |  | 21,868 |  |  | 153,186 |
Capitalized interest | (21,838) |  |  | (23,294) |  |  | (45,132) |
Other non-operating expense(2) | 491 |  |  | — |  |  | 491 |
INCOME (LOSS) BEFORE INCOME TAXES | $ | 188,121 |  |  | $ | (29,070) |  |  | $ | 159,051 |
Capital expenditures | 568,309 |  |  | 321,044 |  |  | 889,353 |
Total assets | 4,200,545 |  |  | 656,122 |  |  | 4,856,667 |
(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 expenses. (2) Other non-operating expenses in the Airline segment consist primarily of a loss on the sale in 2024 of a cost-method investment that arose from the contribution of intellectual property rights to a private company and realized income from equity method investments in all years presented.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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