Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 487,535	$ 902,057
Restricted cash	270,522	168,390
Short-term investment securities	119,575	118,334
Accounts receivable, net	211,932	178,955
Prepaid expenses and other current assets	242,527	278,366
Assets held for sale	447,558	463,020
Total current assets	1,779,649	2,109,122
Property and equipment:
Flight equipment	1,890,021	2,736,461
Other property and equipment	443,629	783,645
Less accumulated depreciation	(7,685)	(1,027,872)
Total property and equipment, net	2,325,965	2,492,234
Operating lease right-of-use assets	4,425,872	4,583,734
Intangible assets	83,482	550
Pre-delivery deposits on flight equipment	86,319	113,493
Deferred heavy maintenance, net	132,889	241,094
Other long-term assets	75,942	54,951
Total assets	8,910,118	9,595,178
Current liabilities:
Accounts payable	101,213	32,385
Air traffic liability	454,521	436,813
Current maturities of long-term debt, net, and finance leases	191,572	436,532
Current maturities of operating leases	238,685	257,796
Other current liabilities	591,357	605,839
Total current liabilities	1,577,348	1,769,365
Long-term debt, net and finance leases, less current maturities	2,231,335	1,761,215
Operating leases, less current maturities	4,200,013	4,335,106
Deferred income taxes	69,305	51,927
Deferred gains and other long-term liabilities	108,704	122,595
Liabilities subject to compromise	0	1,635,104
Shareholders’ equity (deficit):
Common stock	2	11
Additional paid-in-capital	734,368	1,173,692
Treasury stock, at cost	0	(81,285)
Retained earnings (deficit)	(10,936)	(1,172,740)
Accumulated other comprehensive income (loss)	(21)	188
Total shareholders’ equity (deficit)	723,413	(80,134)
Total liabilities and shareholders’ equity (deficit)	$ 8,910,118	$ 9,595,178