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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 918,000 $ 378,000
Accounts receivable, net 50,000 28,000
Supplies, net 29,000 18,000
Other current assets 40,000 226,000
Total current assets 1,037,000 650,000
Property and equipment, net 186,000 176,000
Operating lease right-of-use assets 2,426,000 2,250,000
Pre-delivery deposits for flight equipment 260,000 224,000
Aircraft maintenance deposits 98,000 82,000
Intangible assets, net 29,000 29,000
Other assets 199,000 143,000
Total assets 4,235,000 3,554,000
Liabilities and stockholders’ equity    
Accounts payable 86,000 71,000
Air traffic liability 273,000 135,000
Frequent flyer liability 13,000 13,000
Current maturities of long-term debt, net 127,000 101,000
Current maturities of operating leases 444,000 416,000
Other current liabilities 383,000 267,000
Total current liabilities 1,326,000 1,003,000
Long-term debt, net 287,000 247,000
Long-term operating leases 1,991,000 1,848,000
Long-term frequent flyer liability 41,000 50,000
Other long-term liabilities 60,000 96,000
Total liabilities 3,705,000 3,244,000
Commitments and contingencies
Stockholders' equity    
Common stock, $0.001 par value per share, with 217,065,096 and 199,438,098 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively 0 0
Additional paid-in capital 381,000 60,000
Retained earnings 159,000 261,000
Accumulated other comprehensive income (loss) (10,000) (11,000)
Total stockholders’ equity 530,000 310,000
Total liabilities and stockholders’ equity $ 4,235,000 $ 3,554,000