v3.26.1
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Long-term Purchase Commitment
As of June 30, 2026, the Company’s firm aircraft and engine purchase orders consisted of the following:
A320neoA321neo
Total
Aircraft(a)
Engines
Year Ending
Remainder of 20261 8 9 1 
2027— 8 8 3 
20289 11 20 2 
2029— 15 15 5 
2030— 22 22 7 
Thereafter3 78 81 2 
Total13 142 155 20 
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(a)    While the schedule presented above reflects the contractual delivery dates as of June 30, 2026, the Company continues to experience delays in the deliveries of Airbus aircraft which may persist in future periods.
Schedule of Contractual Price Escalations and PDPs
As of June 30, 2026, purchase commitments for these aircraft and engines, including estimated amounts for contractual price escalations and PDPs, consisted of the following (in millions):
Total
Year Ending
Remainder of 2026$554 
2027533 
20281,224 
20291,044 
20301,555 
Thereafter5,504 
Total$10,414 
Schedule of Collective Bargaining Agreements The table below sets forth the Company’s employee groups and status of the collective bargaining agreements as of June 30, 2026:
Percentage of Workforce
Employee GroupRepresentative
Amendable Date(a)
June 30, 2026
PilotsAir Line Pilots Association (“ALPA”)
January 2024(b)
27%
Flight AttendantsAssociation of Flight Attendants (“AFA-CWA”)
May 2024(c)
53%
Aircraft TechniciansInternational Brotherhood of Teamsters (“IBT”)
May 2025(d)
6%
Aircraft Appearance AgentsIBT
July 2030
1%
DispatchersTransport Workers Union (“TWU”)
August 2028
1%
Material SpecialistsIBT
November 2030
<1%
Maintenance ControllersIBT
December 2030
<1%
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(a)    Subject to standard early opener provisions.
(b)    ALPA filed for mediation through the National Mediation Board (the “NMB”) in January 2024, and the parties are meeting regularly as part of the mediation process. Pursuant to the U.S. Railway Labor Act (the “RLA”), the parties continue to be bound by the existing agreements as negotiations continue.
(c)    AFA-CWA filed for mediation through the NMB in October 2024, and the parties are meeting monthly as part of the mediation process, with the first meeting held in February 2025. Pursuant to the RLA, the parties continue to be bound by the existing agreements as negotiations continue.
(d)    The Company’s collective bargaining agreement with its aircraft technicians, represented by IBT, was still amendable as of June 30, 2026. Pursuant to the RLA, the parties continue to be bound by the existing agreements as negotiations continue.