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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating Revenues:      
Total Operating Revenue $ 1,126,769 $ 1,075,739 $ 1,049,620
Operating Expenses:      
Aircraft Fuel 213,480 237,160 246,669
Salaries, Wages, and Benefits 372,597 326,775 295,640
Aircraft Rent 0 0 2,281
Maintenance 80,349 68,770 60,588
Sales and Marketing 33,300 34,935 34,105
Depreciation and Amortization 98,878 94,989 88,151
Ground Handling 44,701 42,118 37,506
Landing Fees and Airport Rent 64,761 59,549 49,615
Special Items, net 1,886 0 0
Other Operating, net 116,244 105,457 107,565
Total Operating Expenses 1,026,196 969,753 922,120
Operating Income 100,573 105,986 127,500
Non-operating Income (Expense), net:      
Interest Income 6,973 7,833 10,180
Interest Expense (36,861) (44,300) (42,634)
Other, net (474) 55 (887)
Total Non-operating Expense, net (30,362) (36,412) (33,341)
Income before Income Tax 70,211 69,574 94,159
Income Tax Expense 17,402 16,671 21,978
Net Income $ 52,809 $ 52,903 $ 72,181
Net Income per share to common stockholders:      
Basic (in dollars per share) $ 0.99 $ 1.00 $ 1.30
Diluted (in dollars per share) $ 0.96 $ 0.96 $ 1.23
Shares used for computation:      
Basic (in shares) 53,116,591 52,908,322 55,507,144
Diluted (in shares) 54,860,147 55,055,897 58,524,652
Passenger      
Operating Revenues:      
Total Operating Revenue $ 923,129 $ 914,087 $ 920,123
Cargo      
Operating Revenues:      
Total Operating Revenue 155,027 107,174 99,735
Other      
Operating Revenues:      
Total Operating Revenue $ 48,613 $ 54,478 $ 29,762