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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating revenues:        
Total operating revenues $ 1,258,543 $ 1,343,179 $ 4,040,789 $ 3,677,137
Operating expenses:        
Aircraft fuel 455,241 508,496 1,333,984 1,435,714
Salaries, wages and benefits 404,177 311,957 1,201,067 926,481
Landing fees and other rents 107,525 95,174 311,357 270,131
Depreciation and amortization 82,802 78,184 241,335 230,844
Aircraft rent 97,393 75,332 274,761 210,008
Maintenance, materials and repairs 56,465 45,126 167,704 136,048
Distribution 46,323 47,385 145,041 131,460
Special charges 12,378 38,359 46,333 71,926
Loss (gain) on disposal of assets (2,250) 9,374 5,652 31,562
Other operating 187,249 170,182 594,499 526,151
Total operating expenses 1,447,303 1,379,569 4,321,733 3,970,325
Operating income (loss) (188,760) (36,390) (280,944) (293,188)
Other (income) expense:        
Interest expense 41,260 23,708 121,933 91,712
Capitalized interest (8,582) (5,964) (24,675) (16,903)
Interest income (18,442) (5,642) (49,838) (8,670)
Other (income) expense 649 402 1,957 1,115
Total other (income) expense 14,885 12,504 49,377 67,254
Income (loss) before income taxes (203,645) (48,894) (330,321) (360,442)
Provision (benefit) for income taxes (46,093) (12,517) (66,509) (76,956)
Net income (loss) $ (157,552) $ (36,377) $ (263,812) $ (283,486)
Basic earnings (loss) per share (in dollars per share) $ (1.44) $ (0.33) $ (2.42) $ (2.61)
Diluted earnings (loss) per share (in dollars per share) $ (1.44) $ (0.33) $ (2.42) $ (2.61)
Passenger        
Operating revenues:        
Total operating revenues $ 1,233,912 $ 1,322,079 $ 3,971,446 $ 3,619,694
Other        
Operating revenues:        
Total operating revenues $ 24,631 $ 21,100 $ 69,343 $ 57,443