OPERATING SEGMENTS (Tables)

6 Months Ended

Jun. 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 June 30, 2025																		Three Months Ended June 30, 2024
			Passenger						Cargo						Total						Passenger						Cargo						Total
Operating Revenues			$	228,818					$	34,803					$	263,621					$	228,934					$	25,447					$	254,381

Operating Expenses:
Aircraft Fuel			50,465						71						50,536						62,180						8						62,188
Salaries, Wages, and Benefits			68,476						21,081						89,557						62,508						16,851						79,359
Maintenance			13,438						4,812						18,250						13,853						3,486						17,339
Sales and Marketing			8,001						—						8,001						8,392						—						8,392
Depreciation and Amortization			24,967						5						24,972						23,626						5						23,631
Ground Handling			11,353						—						11,353						11,368						—						11,368
Landing Fees and Airport Rent			14,801						170						14,971						13,575						148						13,723
Special Items, net			49						—						49						—						—						—
Other Operating, net			23,257						6,413						29,670						20,891						5,125						26,016
Total Operating Expenses			214,807						32,552						247,359						216,393						25,623						242,016
Operating Income (Loss)			$	14,011					$	2,251					16,262						$	12,541					$	(176)					12,365
Interest Income															1,513																		1,800
Interest Expense															(9,212)																		(11,077)
Other, net															(7)																		(4)
Income Before Income Tax															$	8,556																	$	3,084


			Six Months Ended June 30, 2025																		Six Months Ended June 30, 2024
			Passenger						Cargo						Total						Passenger						Cargo						Total
Operating Revenues			$	527,310					$	62,960					$	590,270					$	516,469					$	49,395					$	565,864

Operating Expenses:
Aircraft Fuel			115,084						71						115,155						132,484						8						132,492
Salaries, Wages, and Benefits			143,659						38,743						182,402						128,096						33,501						161,597
Maintenance			28,781						8,331						37,112						27,257						6,899						34,156
Sales and Marketing			18,396						—						18,396						19,071						—						19,071
Depreciation and Amortization			49,766						10						49,776						47,430						10						47,440
Ground Handling			22,760						—						22,760						20,513						9						20,522
Landing Fees and Airport Rent			31,485						319						31,804						28,151						301						28,452
Special Items, net			1,848						—						1,848						—						—						—
Other Operating, net			46,800						11,709						58,509						44,395						10,198						54,593
Total Operating Expenses			458,579						59,183						517,762						447,397						50,926						498,323
Operating Income (Loss)			$	68,731					$	3,777					72,508						$	69,072					$	(1,531)					67,541
Interest Income															3,508																		4,248
Interest Expense															(18,837)																		(22,189)
Other, net															(485)																		42
Income Before Income Tax															$	56,694																	$	49,642