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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
OPERATING REVENUES:      
Total operating revenues $ 2,935,432 $ 3,004,925 $ 2,713,491
OPERATING EXPENSES:      
Salaries, wages and benefits 1,322,615 1,211,551 986,664
Aircraft maintenance, materials and repairs 673,453 644,157 817,803
Depreciation and amortization 383,115 394,552 440,198
Aircraft fuel 85,913 108,456 107,057
Airport-related expenses 72,640 71,549 104,690
Aircraft rentals 25,507 75,353 63,357
Special items     84,592
Payroll support grant     (422,669)
Other operating expenses 268,120 318,145 255,932
Total operating expenses 2,831,363 2,823,763 2,437,624
OPERATING INCOME 104,069 181,162 275,867
OTHER INCOME (EXPENSE):      
Interest income 43,928 17,605 1,114
Interest expense (130,930) (127,083) (123,122)
Other income (loss), net 23,242 20,899 (3,249)
Total other expense, net (63,760) (88,579) (125,257)
INCOME BEFORE INCOME TAXES 40,309 92,583 150,610
PROVISION FOR INCOME TAXES 5,967 19,630 38,700
NET INCOME $ 34,342 $ 72,953 $ 111,910
BASIC EARNINGS PER SHARE (in dollars per share) $ 0.78 $ 1.44 $ 2.22
DILUTED EARNINGS PER SHARE (in dollars per share) $ 0.77 $ 1.44 $ 2.20
Weighted average common shares:      
Basic (in shares) 43,940 50,548 50,348
Diluted (in shares) 44,599 50,644 50,753
COMPREHENSIVE INCOME:      
Net income $ 34,342 $ 72,953 $ 111,910
Net unrealized appreciation (depreciation) on marketable securities, net of taxes 4,127 (3,802)  
TOTAL COMPREHENSIVE INCOME 38,469 69,151 111,910
Flying agreements      
OPERATING REVENUES:      
Total operating revenues 2,834,397 2,899,837 2,615,076
Lease, airport services and other      
OPERATING REVENUES:      
Total operating revenues $ 101,035 $ 105,088 $ 98,415