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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
OPERATING REVENUES:      
Passenger $ 2,324,348 $ 2,217,059 $ 2,324,397
Third party products 143,188 142,128 112,579
Fixed fee contracts 77,647 80,660 68,548
Resort and other 61,396 72,742 4,333
Total operating revenues 2,606,579 2,512,589 2,509,857
OPERATING EXPENSES:      
Aircraft fuel 639,731 627,755 695,871
Salaries and benefits 833,017 819,843 687,803
Station operations 297,549 272,843 256,560
Depreciation and amortization 249,185 258,251 223,130
Maintenance and repairs 149,938 125,430 123,802
Sales and marketing 99,443 106,340 114,616
Aircraft lease rentals 36,488 23,573 24,948
Other 126,356 150,399 133,501
Special charges, net of recoveries 137,705 368,131 28,645
Total operating expenses 2,569,412 2,752,565 2,288,876
OPERATING INCOME (LOSS) 37,167 (239,976) 220,981
OTHER (INCOME) EXPENSES:      
Interest income (41,697) (44,012) (46,615)
Interest expense 150,235 156,443 153,186
Capitalized interest (17,604) (45,385) (45,132)
Other, net 1,107 1,428 491
Total other expenses 92,041 68,474 61,930
INCOME (LOSS) BEFORE INCOME TAXES (54,874) (308,450) 159,051
INCOME TAX PROVISION (BENEFIT) (10,177) (68,212) 41,455
NET INCOME (LOSS) $ (44,697) $ (240,238) $ 117,596
Earnings (loss) per share to common shareholders:      
Basic (in dollars per share) $ (2.48) $ (13.49) $ 6.32
Diluted (in dollars per share) $ (2.48) $ (13.49) $ 6.29
Shares used for computation:      
Basic (in shares) 18,050 17,852 17,945
Diluted (in shares) 18,050 17,852 18,019
Cash dividends declared per share (in dollars per share) $ 0 $ 1.20 $ 1.20