v3.25.2
REVENUE (Tables)
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of significant categories comprising operating revenues
The significant categories comprising Operating Revenues are as follows:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Scheduled Service$88,138 $88,078 $231,660 $229,272 
Charter 54,271 51,009 108,963 98,321 
Ancillary72,259 77,308 159,933 163,466 
   Passenger214,668 216,395 500,556 491,059 
Cargo34,803 25,447 62,960 49,395 
Other14,150 12,539 26,754 25,410 
Total Operating Revenues$263,621 $254,381 $590,270 $565,864 
Schedule of operating revenues by geographic region
Total Operating Revenues by geographic region are as follows:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Domestic$256,903 $247,898 $558,277 $538,112 
Latin America6,718 6,483 31,894 27,752 
Other— — 99 — 
Total Operating Revenues$263,621 $254,381 $590,270 $565,864 
Summary of contract assets and liabilities
Contract Assets and Liabilities are as follows:
June 30, 2025December 31, 2024
Contract Assets
Amazon Contract$8,553 $4,135 
Total Contract Assets$8,553 $4,135 
Contract Liabilities
Air Traffic Liabilities$106,599 $160,686 
Loyalty Program Liabilities14,397 14,601 
Amazon Contract1,865 1,612 
Total Contract Liabilities$122,861 $176,899 
Schedule of change in contract with customer, liability
Changes in the Loyalty Program Liabilities are as follows:
20252024
Balance – January 1$14,601 $13,737 
Loyalty Points Earned4,852 4,519 
Loyalty Points Redeemed (1)
(5,056)(4,984)
Balance – June 30
$14,397 $13,272 
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(1)Loyalty points are combined in one homogenous pool, which includes both air and non-air travel awards, and are not separately identifiable. As such, the revenue recognized is comprised of points that were part of the Loyalty Program Liabilities balance at the beginning of the period, as well as points that were earned during the period.