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OPERATING SEGMENTS (Tables)
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Summary of financial information for the operating segments
The following table presents financial information for the Company’s two segments.
Three Months Ended September 30, 2025Three Months Ended September 30, 2024
PassengerCargoTotalPassengerCargo Total
Operating Revenues$211,515$44,023$255,538$220,305$29,165$249,470
Operating Expenses:
Aircraft Fuel48,46411948,58354,7013654,737
Salaries, Wages, and Benefits63,33229,76193,09362,31718,60280,919
Maintenance12,3495,77418,12312,1713,80215,973
Sales and Marketing6,9826,9827,7487,748
Depreciation and Amortization24,678524,68323,749523,754
Ground Handling11,46711,46711,563511,568
Landing Fees and Airport Rent16,60021116,81115,82915015,979
Special Items, net2626
Other Operating, net17,8987,97025,86821,5344,87626,410
Total Operating Expenses201,79643,840245,636209,61227,476237,088
Operating Income$9,719$1839,902$10,693$1,68912,382
Interest Income1,4521,659
Interest Expense(9,185)(11,049)
Other, net(3)12
Income Before Income Tax$2,166$3,004
Nine Months Ended September 30, 2025Nine Months Ended September 30, 2024
PassengerCargoTotalPassengerCargo Total
Operating Revenues$738,825$106,983$845,808$736,774$78,560$815,334
Operating Expenses:
Aircraft Fuel163,550188163,738187,18544187,229
Salaries, Wages, and Benefits206,99268,503275,495190,41352,103242,516
Maintenance41,13014,10555,23539,42810,70150,129
Sales and Marketing25,37825,37826,81926,819
Depreciation and Amortization74,4451474,45971,1791571,194
Ground Handling34,22734,22732,0761432,090
Landing Fees and Airport Rent48,08453148,61543,98045144,431
Special Items, net1,8741,874
Other Operating, net64,69819,67984,37765,92915,07481,003
Total Operating Expenses660,378103,020763,398657,00978,402735,411
Operating Income$78,447$3,96382,410$79,765$15879,923
Interest Income4,9605,907
Interest Expense(28,022)(33,238)
Other, net(488)55
Income Before Income Tax$58,860$52,647