Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Schedule of Operating Lease Maturities

The following table provides details of the Company's future minimum lease payments under finance lease liabilities and operating lease liabilities recorded on the Company's condensed balance sheets as of March 31, 2019. The table does not include commitments that are contingent on events or other factors that are currently uncertain or unknown.

		Finance Leases		Operating Leases
				Aircraft and Spare Engine Leases		Property Facility Leases		Other		Total Operating and Finance Lease Obligations
	(in thousands)
remainder of 2019		$	894	$	142,701	$	2,088	$	434	$	146,117
2020		780		185,414		2,394		517		189,105
2021		606		183,572		1,903		—		186,081
2022		578		175,571		1,562		—		177,711
2023		202		151,177		1,055		—		152,434
2024 and thereafter		—		477,187		4,749		—		481,936
Total minimum lease payments		$	3,060	$	1,315,622	$	13,751	$	951	$	1,333,384
Less amount representing interest		310		303,429		3,658		43		307,440
Present value of minimum lease payments		$	2,750	$	1,012,193	$	10,093	$	908	$	1,025,944
Less current portion		1,053		125,429		2,165		544		129,191
Long-term portion		$	1,697	$	886,764	$	7,928	$	364	$	896,753

Schedule of Finance Lease Maturities

The following table provides details of the Company's future minimum lease payments under finance lease liabilities and operating lease liabilities recorded on the Company's condensed balance sheets as of March 31, 2019. The table does not include commitments that are contingent on events or other factors that are currently uncertain or unknown.

		Finance Leases		Operating Leases
				Aircraft and Spare Engine Leases		Property Facility Leases		Other		Total Operating and Finance Lease Obligations
	(in thousands)
remainder of 2019		$	894	$	142,701	$	2,088	$	434	$	146,117
2020		780		185,414		2,394		517		189,105
2021		606		183,572		1,903		—		186,081
2022		578		175,571		1,562		—		177,711
2023		202		151,177		1,055		—		152,434
2024 and thereafter		—		477,187		4,749		—		481,936
Total minimum lease payments		$	3,060	$	1,315,622	$	13,751	$	951	$	1,333,384
Less amount representing interest		310		303,429		3,658		43		307,440
Present value of minimum lease payments		$	2,750	$	1,012,193	$	10,093	$	908	$	1,025,944
Less current portion		1,053		125,429		2,165		544		129,191
Long-term portion		$	1,697	$	886,764	$	7,928	$	364	$	896,753

Schedule of Lease Cost

The table below presents information for lease costs related to the Company's finance and operating leases:

	Three Months Ended March 31, 2019
	(in thousands)
Finance lease cost
Amortization of leased assets	$	210
Interest of lease liabilities	29
Operating lease cost
Operating lease cost (1)	49,715
Short-term lease cost (1)	3,449
Variable lease cost (1)	28,117
Total lease cost	$	81,520

(1) Expenses are classified within aircraft rent and landing fees and other rents on the Company's condensed statement of operations.

Schedule of Lease Weighted-Average Terms And Discount Rates

The table below presents lease-related terms and discount rates as of March 31, 2019:

	March 31, 2019
Weighted-average remaining lease term
Operating leases	8.0 years
Finance leases	3.5 years
Weighted-average discount rate
Operating leases	6.72	%
Finance leases	6.12	%