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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Passenger revenues:      
  Fare revenues $ 1,517,106 $ 1,650,287 $ 1,661,176
  Other passenger revenues 1,492,593 1,473,237 1,078,251
Total passenger revenue 3,009,699 3,123,524 2,739,427
Non-passenger revenues:      
  Other non-passenger revenues 111,551 115,424 92,977
  Cargo 20,626 20,025 14,786
Total operating revenues 3,141,876 3,258,973 2,847,190
  Other operating income (Note 22) (206,444) (54,710) (25,066)
  Fuel expense (Note 3a) 893,987 1,165,078 1,299,254
  Landing, take-off and navigation expenses 492,507 503,366 379,108
  Salaries and benefits 411,253 386,723 283,089
  Depreciation of right-of-use assets (Note 14) 409,935 362,015 320,443
  Sales, marketing and distribution expenses 169,472 167,341 124,287
  Other operating expenses (Note 22) 139,248 169,864 102,585
  Aircraft and engine variable lease expenses (Note 14) 135,155 103,845 124,532
  Maintenance expenses 100,426 98,445 97,783
  Depreciation and amortization (Notes 12 and 13) 183,115 134,296 97,486
Operating income 413,222 222,710 43,689
Finance income (Note 23) 49,444 38,222 12,902
Finance cost (Note 23) (293,639) (219,343) (192,535)
Foreign exchange gain (loss) net (Note 3b) 13,662 (34,147) 3,581
Income (loss) before income tax 182,689 7,442 (132,363)
Income tax (expense) benefit (Note 20) (56,314) 377 52,139
Net income (loss) $ 126,375 $ 7,819 $ (80,224)
Earnings (loss) per share basic: $ 0.110 $ 0.007 $ (0.069)
Earnings (loss) per share diluted: $ 0.108 $ 0.007 $ (0.069)