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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating Revenues:        
Total Operating Revenue $ 219,067 $ 149,189 $ 445,591 $ 276,802
Operating Expenses:        
Aircraft Fuel 76,947 29,709 141,492 53,984
Salaries, Wages, and Benefits 60,298 42,316 119,915 86,392
Aircraft Rent 2,211 3,815 5,397 9,414
Maintenance 12,782 11,300 24,777 20,510
Sales and Marketing 7,881 5,822 16,509 10,932
Depreciation and Amortization 16,854 14,208 32,182 26,823
Ground Handling 8,212 6,551 16,170 11,781
Landing Fees and Airport Rent 9,496 8,752 19,782 17,537
Special Items, net 0 (39,819) 0 (72,355)
Other Operating, net 21,017 16,746 44,166 31,397
Total Operating Expenses 215,698 99,400 420,390 196,415
Operating Income 3,369 49,789 25,201 80,387
Non-operating Income (Expense):        
Interest Income 532 9 556 24
Interest Expense (7,042) (6,080) (15,604) (13,201)
Other, net (1,702) 18,054 (8,577) 18,049
Total Non-operating Income (Expense), net (8,212) 11,983 (23,625) 4,872
Income (Loss) Before Income Tax (4,843) 61,772 1,576 85,259
Income Tax Expense (Benefit) (921) 9,595 1,861 16,304
Net Income (Loss) $ (3,922) $ 52,177 $ (285) $ 68,955
Net Income (Loss) per share to common stockholders:        
Basic (in dollars per share) $ (0.07) $ 0.91 $ 0.00 $ 1.30
Diluted (in dollars per share) $ (0.07) $ 0.84 $ 0.00 $ 1.20
Shares used for computation:        
Basic (in shares) 58,060,716 57,156,159 57,984,608 52,850,041
Diluted (in shares) 58,060,716 61,982,441 57,984,608 57,403,593
Passenger        
Operating Revenues:        
Total Operating Revenue $ 195,362 $ 125,130 $ 397,394 $ 229,325
Cargo        
Operating Revenues:        
Total Operating Revenue 21,190 22,098 42,243 43,684
Other        
Operating Revenues:        
Total Operating Revenue $ 2,515 $ 1,961 $ 5,954 $ 3,793