AIRCRAFT (Tables)

9 Months Ended

Sep. 30, 2022

Property, Plant and Equipment [Abstract]

Summary of aircraft fleet activity

The following tables summarize the Company’s aircraft fleet activity for the nine months ended September 30, 2022 and 2021, respectively:

	December 31, 2021	Additions	Reclassifications	Removals	September 30, 2022
Passenger:
Owned	21	5	4	(1)	29
Finance leases (1)	9	2	—	—	11
Operating leases	6	—	(4)	—	2
Sun Country Airlines’ Fleet	36	7	—	(1)	42
Cargo:
Aircraft Operated for Amazon	12	—	—	—	12
Total Aircraft Operated	48	7	—	(1)	54
	December 31, 2020	Additions	Reclassifications	Removals	September 30, 2021
Passenger:
Owned	14	1	6	—	21
Finance leases	5	3	—	—	8
Operating leases	12	—	(6)	—	6
Sun Country Airlines’ Fleet	31	4	—	—	35
Cargo:
Aircraft Operated for Amazon	12	—	—	—	12
Total Aircraft Operated	43	4	—	—	47

(1) Two aircraft operating leases were reclassified into finance lease and two separate aircraft finance lease purchase options were exercised, resulting in a net change of zero finance lease reclassifications.

Schedule of depreciation, amortization, and rent expense on aircraft

Depreciation, amortization, and rent expense on aircraft are as follows:

		Three Months Ended September 30,				Nine Months Ended September 30,
Aircraft Status	Expense Type	2022		2021		2022		2021
Owned	Depreciation	$	10,179	$	9,284	$	29,027	$	26,514
Finance Leased	Amortization	4,419		2,977		12,533		7,846
Operating Leased	Aircraft Rent (1)	1,949		3,925		7,347		13,339
		$	16,547	$	16,186	$	48,907	$	47,699

(1) Aircraft Rent expense includes credits for the amortization of over-market liabilities established at the Acquisition Date.