v3.26.1
Segments (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting
Three Months Ended March 31, 2025
(in thousands)AirlineSunseekerConsolidated
REVENUES FROM EXTERNAL CUSTOMERS$668,386 $30,688 $699,074 
OPERATING EXPENSES:
Salaries and benefits220,374 11,065 231,439 
Aircraft fuel166,333 — 166,333 
Station operations73,505 — 73,505 
Depreciation and amortization59,711 3,601 63,312 
Maintenance and repairs34,854 — 34,854 
Sales and marketing23,370 1,726 25,096 
Aircraft lease rentals5,920 — 5,920 
Other operating expense(1)
22,075 13,093 35,168 
Special charges, net of recoveries1,392 (2,947)(1,555)
Total operating expenses607,534 26,538 634,072 
OPERATING INCOME60,852 4,150 65,002 
OTHER (INCOME) EXPENSES:
Interest income(11,935)— (11,935)
Interest expense28,949 11,834 40,783 
Capitalized interest(6,488)— (6,488)
Other non-operating expense702 — 702 
INCOME (LOSS) BEFORE INCOME TAXES$49,624 $(7,684)$41,940 
(1) Other operating expenses in the Airline segment consist of insurance, crew training and travel, legal expense, gains and losses on the sale of flight equipment, and other general and administrative expenses. Other operating expenses in the Sunseeker segment consist of food and beverage cost of goods sold, contract labor, property tax, insurance, and other general and administrative expenses.

Total capital expenditures for periods presented are as outlined below:
Three Months Ended March 31,
(in thousands)20262025
Airline$175,940 $83,136 
Sunseeker— 406 
Consolidated$175,940 $83,542