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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2025

Accounting Policies [Abstract]

Property, Plant and Equipment Estimated Useful Lives

The estimated useful lives of the principal asset classes are shown below.

Aircraft, engines and related rotable parts			10			-			25 Years
Buildings and leasehold improvements			10			-			39 Years
Equipment			5			-			10 Years
Computer hardware and software			3			-			15 Years

Property and equipment consisted of the following:

			As of December 31,
(in thousands)			2025						2024
Airline
Flight equipment			$	3,584,212					$	3,345,458
Computer hardware and software			339,441						320,432
Land and buildings/leasehold improvements			83,304						66,115
Other property and equipment			118,894						115,043
Sunseeker Resort (1)
Land and buildings/leasehold improvements			—						255,201
Other property and equipment			—						34,894
Total property and equipment			4,125,851						4,137,143
Less accumulated depreciation and amortization			(1,178,315)						(1,067,194)
Property and equipment, net			$	2,947,536					$	3,069,949

(1) On September 4, 2025, the Company completed the sale of Sunseeker Resort and related Aileron Golf Course. See Note 15.

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of net income per share on a basic and diluted basis for the periods indicated: 

															Year ended December 31,
(in thousands, except per share data)															2025						2024						2023
Basic:
Net income (loss)															$	(44,697)					$	(240,238)					$	117,596
Less income allocated to participating securities															—						(618)						(4,188)
Net income (loss) attributable to common stock															$	(44,697)					$	(240,856)					$	113,408
Earnings (loss) per share, basic															$	(2.48)					$	(13.49)					$	6.32
Weighted-average shares outstanding															18,050						17,852						17,945
Diluted:
Net income (loss)															$	(44,697)					$	(240,238)					$	117,596
Less income allocated to participating securities															—						(618)						(4,175)
Net income (loss) attributable to common stock															$	(44,697)					$	(240,856)					$	113,421
Earnings (loss) per share, diluted															$	(2.48)					$	(13.49)					$	6.29
Weighted-average shares outstanding															18,050						17,852						17,945
Dilutive effect of stock options and restricted stock															—						—						249
Adjusted weighted-average shares outstanding under treasury stock method															18,050						17,852						18,194
Participating securities excluded under two-class method															—						—						(175)
Adjusted weighted-average shares outstanding under two-class method															18,050						17,852						18,019

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Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

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