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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and Cash Equivalents $ 131,912 $ 309,338
Restricted Cash 14,163 8,447
Investments 135,170 6,283
Accounts Receivable, net of an allowance for credit losses of $175 and $250, respectively 31,628 30,156
Short-term Lessor Maintenance Deposits 1,211 5,505
Inventory, net of a reserve for obsolescence of $1,255 and $1,275, respectively 7,280 5,405
Prepaid Expenses 11,692 8,511
Other Current Assets 4,684 1,798
Total Current Assets 337,740 375,443
Property & Equipment, net:    
Finance Lease Assets 262,060 209,457
Total Property & Equipment 948,638 695,587
Accumulated Depreciation & Amortization (159,779) (117,069)
Total Property & Equipment, net 788,859 578,518
Other Assets:    
Goodwill 222,223 222,223
Other Intangible Assets, net 86,110 89,110
Operating Lease Right-of-use Assets 23,919 61,658
Aircraft Deposits 9,128 10,021
Long-term Lessor Maintenance Deposits 29,714 20,346
Deferred Tax Asset 14,734 17,608
Other Assets 9,017 5,495
Total Other Assets 394,845 426,461
Total Assets 1,521,444 1,380,422
Current Liabilities:    
Accounts Payable 49,969 39,805
Accrued Salaries, Wages, and Benefits 25,900 28,527
Accrued Transportation Taxes 11,000 12,736
Air Traffic Liabilities 132,830 118,562
Over-market Liabilities 1,535 4,309
Finance Lease Obligations 17,484 11,705
Loyalty Program Liabilities 13,045 11,451
Operating Lease Obligations 6,281 17,231
Current Maturities of Long-term Debt 45,535 29,412
Income Tax Receivable Agreement Liability 2,260 0
Other Current Liabilities 14,850 7,913
Total Current Liabilities 320,689 281,651
Long-term Liabilities:    
Over-market Liabilities 1,423 10,428
Finance Lease Obligations 237,644 180,450
Loyalty Program Liabilities 3,272 8,267
Operating Lease Obligations 21,508 58,810
Long-term Debt 324,662 248,014
Income Tax Receivable Agreement Liability 101,540 98,800
Other Long-term Liabilities 2,701 3,413
Total Long-term Liabilities 692,750 608,182
Total Liabilities 1,013,439 889,833
Commitments and Contingencies (see Note 13)
Common Stock, Number of Shares, Par Value and Other Disclosure [Abstract]    
Common stock, with $0.01 par value, 995,000,000 shares authorized, 58,168,497 and 57,872,452 issued at September 30, 2022 and December 31, 2021, respectively 582 579
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]    
Preferred stock, with $0.01 par value, 5,000,000 shares authorized, no shares issued and outstanding at September 30, 2022 and December 31, 2021 0 0
Treasury stock, at cost, 1,823 shares held at September 30, 2022 and no shares held at December 31, 2021 (52) 0
Additional Paid-In Capital 493,493 485,638
Retained Earnings 14,764 4,372
Accumulated Other Comprehensive Loss (782) 0
Total Stockholders' Equity 508,005 490,589
Total Liabilities and Stockholders' Equity 1,521,444 1,380,422
Aircraft and Flight Equipment    
Property & Equipment, net:    
Aircraft and Flight Equipment 628,375 447,319
Ground Equipment and Leasehold Improvements    
Property & Equipment, net:    
Aircraft and Flight Equipment 33,809 20,876
Computer Hardware and Software    
Property & Equipment, net:    
Aircraft and Flight Equipment 10,402 8,785
Rotable Parts    
Property & Equipment, net:    
Aircraft and Flight Equipment $ 13,992 $ 9,150