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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating revenues:        
Total operating revenues $ 859,309 $ 138,529 $ 1,320,588 $ 909,610
Operating expenses:        
Salaries, wages and benefits 257,236 213,579 502,928 454,059
Aircraft fuel 214,825 19,910 357,755 233,118
Depreciation and amortization 73,703 69,113 148,015 135,104
Landing fees and other rents 81,497 40,348 153,605 107,469
Aircraft rent 64,641 49,256 119,423 94,402
Maintenance, materials and repairs 39,639 19,227 69,542 53,303
Distribution 35,263 11,352 58,905 45,095
Loss on disposal of assets 189 0 1,306 0
Special credits (115,002) (151,911) (291,940) (151,911)
Other operating 114,107 58,039 210,368 187,347
Total operating expenses 766,098 328,913 1,329,907 1,157,986
Operating income (loss) 93,211 (190,384) (9,319) (248,376)
Other (income) expense:        
Interest expense 39,662 27,792 84,468 51,670
Loss on extinguishment of debt 331,630 0 331,630 0
Capitalized interest (4,631) (3,757) (9,363) (7,421)
Interest income (373) (1,949) (4,744) (5,542)
Other (income) expense 233 66 181 47
Total other (income) expense 366,521 22,152 402,172 38,754
Income (loss) before income taxes (273,310) (212,536) (411,491) (287,130)
Provision (benefit) for income taxes 14,553 (68,108) (11,307) (114,874)
Net loss $ (287,863) $ (144,428) $ (400,184) $ (172,256)
Basic loss per share (in dollars per share) $ (2.73) $ (1.81) $ (3.94) $ (2.33)
Diluted loss per share (in dollars per share) $ (2.73) $ (1.81) $ (3.94) $ (2.33)
Total passenger revenues        
Operating revenues:        
Total operating revenues $ 846,507 $ 130,817 $ 1,296,842 $ 884,367
Other        
Operating revenues:        
Total operating revenues $ 12,802 $ 7,712 $ 23,746 $ 25,243