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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating revenues:      
Total operating revenues $ 3,589 $ 3,326 $ 2,060
Operating expenses:      
Aircraft fuel 1,130 1,160 575
Salaries, wages and benefits 858 715 616
Aircraft rent 554 556 530
Station operations 516 422 384
Maintenance, materials and repairs 179 146 119
Sales and marketing 164 164 109
Depreciation and amortization 50 45 38
CARES Act credits 0 0 (295)
Transaction and merger-related costs, net 1 10 0
Other operating 140 153 101
Total operating expenses 3,592 3,371 2,177
Operating income (loss) (3) (45) (117)
Other income (expense):      
Interest expense (29) (21) (33)
Capitalized interest 28 11 4
Interest income and other 36 10 2
Total other income (expense) 35 0 (27)
Income (loss) before income taxes 32 (45) (144)
Income tax expense (benefit) 43 (8) (42)
Net income (loss) $ (11) $ (37) $ (102)
Earnings (loss) per share:      
Basic (in dollars per share) $ (0.05) $ (0.17) $ (0.48)
Diluted (in dollars per share) $ (0.05) $ (0.17) $ (0.48)
Passenger      
Operating revenues:      
Total operating revenues $ 3,509 $ 3,248 $ 2,000
Other      
Operating revenues:      
Total operating revenues $ 80 $ 78 $ 60