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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating revenues:      
Total operating revenues $ 3,775 $ 3,589 $ 3,326
Operating expenses:      
Aircraft fuel 1,041 1,130 1,160
Salaries, wages and benefits 954 858 715
Aircraft rent 675 554 556
Station operations 637 516 422
Maintenance, materials and repairs 209 179 146
Sales and marketing 178 164 164
Depreciation and amortization 72 50 45
Transaction and merger-related costs 0 1 10
Other operating (49) 140 153
Total operating expenses 3,717 3,592 3,371
Operating income (loss) 58 (3) (45)
Other income (expense):      
Interest expense (36) (29) (21)
Capitalized interest 32 28 11
Interest income and other 32 36 10
Total other income (expense) 28 35 0
Income (loss) before income taxes 86 32 (45)
Income tax expense (benefit) 1 43 (8)
Net income (loss) $ 85 $ (11) $ (37)
Earnings (loss) per share:      
Basic (in dollars per share) $ 0.37 $ (0.05) $ (0.17)
Diluted (in dollars per share) $ 0.37 $ (0.05) $ (0.17)
Passenger      
Operating revenues:      
Total operating revenues $ 3,683 $ 3,509 $ 3,248
Other      
Operating revenues:      
Total operating revenues $ 92 $ 80 $ 78