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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating revenues:        
Total operating revenues $ 906,000 $ 630,000 $ 2,420,000 $ 1,451,000
Operating expenses:        
Aircraft fuel 306,000 166,000 856,000 389,000
Salaries, wages and benefits 182,000 161,000 528,000 454,000
Aircraft rent 140,000 128,000 401,000 399,000
Station operations 101,000 108,000 326,000 285,000
Sales and marketing 42,000 33,000 120,000 80,000
Maintenance, materials and repairs 42,000 29,000 107,000 82,000
Depreciation and amortization 8,000 10,000 36,000 28,000
CARES Act credits 0 (72,000) 0 (295,000)
Transaction and merger-related costs, net (12,000) 0 8,000 0
Other operating 41,000 24,000 128,000 60,000
Total operating expenses 850,000 587,000 2,510,000 1,482,000
Operating income (loss) 56,000 43,000 (90,000) (31,000)
Other income (expense):        
Interest expense (4,000) (4,000) (16,000) (31,000)
Capitalized interest 3,000 1,000 6,000 3,000
Interest income and other 3,000 1,000 5,000 1,000
Total other income (expense) 2,000 (2,000) (5,000) (27,000)
Income (loss) before income taxes 58,000 41,000 (95,000) (58,000)
Income tax expense (benefit) 27,000 18,000 (18,000) (9,000)
Net income (loss) $ 31,000 $ 23,000 $ (77,000) $ (49,000)
Earnings (loss) per share:        
Basic (in dollars per share) $ 0.13 $ 0.10 $ (0.36) $ (0.23)
Diluted (in dollars per share) $ 0.13 $ 0.10 $ (0.36) $ (0.23)
Passenger        
Operating revenues:        
Total operating revenues $ 883,000 $ 610,000 $ 2,361,000 $ 1,408,000
Other        
Operating revenues:        
Total operating revenues $ 23,000 $ 20,000 $ 59,000 $ 43,000