Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting Tables [Abstract]

Operating Revenue and Direct Contribution For Our Reportable Business Segments

The following table sets forth Operating Revenue and Direct Contribution for our reportable segments reconciled to Operating Income and Income before income taxes:

	For the Three Months Ended						For the Six Months Ended
	June 30, 2022			June 30, 2021			June 30, 2022			June 30, 2021
Operating Revenue:
Airline Operations	$	1,142,731		$	955,861		$	2,138,086		$	1,782,101
Dry Leasing		41,314			40,404			87,484			80,768
Customer incentive asset amortization		(9,864	)		(11,443	)		(19,915	)		(21,924	)
Other		5,790			5,610			11,472			10,787
Total Operating Revenue	$	1,179,971		$	990,432		$	2,217,127		$	1,851,732
Direct Contribution:
Airline Operations	$	196,331		$	231,793		$	382,150		$	400,943
Dry Leasing		12,646			10,766			29,555			21,329
Total Direct Contribution for Reportable Segments		208,977			242,559			411,705			422,272
Unallocated income and (expenses), net		(93,361	)		(102,464	)		(194,101	)		(163,998	)
Loss on early extinguishment of debt		(689	)		-			(689	)		-
Unrealized loss on financial instruments		-			-			-			(113	)
Special charge		-			-			(2,633	)		-
Transaction-related expenses		-			(117	)		-			(318	)
Gain (loss) on disposal of flight equipment		(19	)		-			6,221			(16	)
Income before income taxes		114,908			139,978			220,503			257,827
Add back (subtract):
Interest income		(873	)		(189	)		(1,113	)		(400	)
Interest expense		19,924			26,992			40,347			54,172
Capitalized interest		(3,339	)		(1,850	)		(7,103	)		(3,121	)
Loss on early extinguishment of debt		689			-			689			-
Unrealized loss on financial instruments		-			-			-			113
Other (income) expense, net		837			(4,854	)		219			(44,310	)
Operating Income	$	132,146		$	160,077		$	253,542		$	264,281

Schedule of Disaggregated Airline Operations Segment Revenue by Customer and Service Type

The following table disaggregates our Airline Operations segment revenue by customer and service type:

	For the Three Months Ended
	June 30, 2022							June 30, 2021
		Cargo		Passenger		Total		Cargo		Passenger		Total
Commercial customers		$	989,169	$	422	$	989,591	$	819,175	$	-	$	819,175
AMC			85,631		67,509		153,140		49,072		87,614		136,686
Total Airline Operations Revenue		$	1,074,800	$	67,931	$	1,142,731	$	868,247	$	87,614	$	955,861
	For the Six Months Ended
	June 30, 2022							June 30, 2021
		Cargo		Passenger		Total		Cargo		Passenger		Total
Commercial customers		$	1,892,451	$	2,047	$	1,894,498	$	1,532,387	$	2,879	$	1,535,266
AMC			114,920		128,668		243,588		94,384		152,451		246,835
Airline Operations Revenue		$	2,007,371	$	130,715	$	2,138,086	$	1,626,771	$	155,330	$	1,782,101