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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating Revenues:        
Total Operating Revenue $ 221,700 $ 173,663 $ 667,290 $ 450,464
Operating Expenses:        
Aircraft Fuel 64,843 36,647 206,334 90,631
Salaries, Wages, and Benefits 58,661 43,424 178,576 129,815
Aircraft Rent 1,949 3,925 7,347 13,339
Maintenance 11,018 9,660 35,794 30,170
Sales and Marketing 6,827 5,470 23,336 16,402
Depreciation and Amortization 17,181 14,710 49,364 41,532
Ground Handling 8,669 7,873 24,838 19,654
Landing Fees and Airport Rent 12,926 12,069 32,708 29,606
Special Items, net 0 (65) 0 (72,419)
Other Operating, net 24,235 18,629 68,401 50,026
Total Operating Expenses 206,309 152,342 626,698 348,756
Operating Income 15,391 21,321 40,592 101,708
Non-operating Income (Expense):        
Interest Income 1,610 28 2,166 52
Interest Expense (7,493) (6,286) (23,097) (19,487)
Other, net 3,422 456 (5,156) 18,505
Total Non-operating Expense, net (2,461) (5,802) (26,087) (930)
Income Before Income Tax 12,930 15,519 14,505 100,778
Income Tax Expense 2,253 2,140 4,113 18,444
Net Income $ 10,677 $ 13,379 $ 10,392 $ 82,334
Net Income per share to common stockholders:        
Basic (in dollars per share) $ 0.18 $ 0.23 $ 0.18 $ 1.51
Diluted (in dollars per share) $ 0.18 $ 0.22 $ 0.17 $ 1.40
Shares used for computation:        
Basic (in shares) 58,146,606 57,355,104 58,039,201 54,368,231
Diluted (in shares) 60,793,516 61,712,378 61,372,735 58,699,991
Passenger        
Operating Revenues:        
Total Operating Revenue $ 195,360 $ 147,718 $ 592,753 $ 377,042
Cargo        
Operating Revenues:        
Total Operating Revenue 23,687 24,400 65,930 68,084
Other        
Operating Revenues:        
Total Operating Revenue $ 2,653 $ 1,545 $ 8,607 $ 5,338