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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Revenues:      
Operating Revenues $ 623,015 $ 401,486 $ 701,384
Operating Expenses:      
Aircraft Fuel 129,110 83,392 165,666
Salaries, Wages, and Benefits 178,207 141,641 140,739
Aircraft Rent 17,653 30,989 49,908
Maintenance 40,095 27,416 35,286
Sales and Marketing 22,060 16,570 35,388
Depreciation and Amortization 55,019 48,086 34,877
Ground Handling 26,981 20,596 41,719
Landing Fees and Airport Rent 40,726 31,256 44,400
Special Items, net (65,456) (64,563) 7,092
Other Operating, net 71,580 48,718 68,187
Total Operating Expenses 515,975 384,101 623,262
Operating Income 107,040 17,385 78,122
Non-operating Income (Expense):      
Interest Income 85 377 937
Interest Expense (26,326) (22,073) (17,170)
Other, net 14,624 (371) (1,729)
Total Non-operating Income (Expense), net (11,617) (22,067) (17,962)
Income (Loss) before Income Tax 95,423 (4,682) 60,160
Income Tax Expense (Benefit) 17,953 (778) 14,088
Net Income (Loss) $ 77,470 $ (3,904) $ 46,072
Net Income (Loss) per share to common stockholders:      
Basic $ 1.40 $ (0.08) $ 0.99
Diluted $ 1.31 $ (0.08) $ 0.96
Shares used for computation:      
Basic 55,182,811 46,806,042 46,773,038
Diluted 59,324,040 46,806,042 47,909,413
Passenger      
Operating Revenues:      
Operating Revenues $ 523,945 $ 359,232 $ 688,833
Cargo      
Operating Revenues:      
Operating Revenues 91,428 36,809  
Other      
Operating Revenues:      
Operating Revenues $ 7,642 $ 5,445 $ 12,551