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Property and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Components of Property and Equipment, Net
Estimated useful lives and residual values for the Company’s property and equipment are as follows:
Estimated Useful LifeResidual Value
Aircraft and spare engines
25 years
10%
Flight equipment leasehold improvementsLesser of lease term or economic life0%
Aircraft rotable partsFleet life10%
Ground property and equipment
3 – 10 years
0%
Ground equipment leasehold improvements
Lesser of lease term or 10 years
0%
Internal-use software
3 – 10 years
0%
Capitalized maintenanceLesser of lease term or economic life0%
Buildings
Lesser of 40 years or economic life
10%
The components of depreciation and amortization expense are as follows (in millions):
Year Ended December 31,
202320222021
Depreciation$50 $44 $38 
Intangible amortization— — 
Total depreciation and amortization$50 $45 $38 
The components of property and equipment, net are as follows (in millions):
December 31,
20232022
Flight equipment$344 $255 
Ground and other equipment148 122 
Less: accumulated depreciation(183)(151)
Total property and equipment, net$309 $226