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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS    
NET CASH PROVIDED BY OPERATING ACTIVITIES $ 32,489 $ 129,277
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of marketable securities (112,664) (294,649)
Sales of marketable securities 215,005 344,682
Proceeds from the sale of equipment 3 102
Acquisition of property and equipment:    
Aircraft and rotable spare parts (297,758) (44,469)
Deposits on aircraft   (24,200)
Buildings and ground equipment (11,644) (4,442)
Increase in other assets (13,563) (11,719)
NET CASH USED IN INVESTING ACTIVITIES (220,621) (34,695)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of long-term debt 187,389  
Principal payments on long-term debt (88,236) (85,971)
Tax benefit (deficiency) from exercise of common stock options (1,266) (175)
Net proceeds from issuance of common stock 1,933 2,666
Purchase of treasury stock (8,414) (196)
Payment of cash dividends (4,119) (4,132)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 87,287 (87,808)
Increase (decrease) in cash and cash equivalents (100,845) 6,774
Cash and cash equivalents at beginning of period 170,636 133,772
CASH AND CASH EQUIVALENTS AT END OF PERIOD 69,791 140,546
Cash paid during the year for:    
Interest, net of capitalized amounts 33,103 36,633
Income taxes $ 382 $ 880