v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Statement of Cash Flows [Abstract]    
Net cash provided by operating activities $ 314,145 $ 283,647
Cash flows from investing activities:    
Purchase of investment securities (261,697) (477,669)
Proceeds from maturities of investment securities 422,767 387,660
Aircraft pre-delivery deposits (219,858) (9,680)
Purchase of property and equipment, including capitalized interest (166,138) (177,222)
Acquisition of Sun Country, net of cash acquired 167,071 0
Other investing activities 20,818 35,069
Net cash used in investing activities (371,179) (241,842)
Cash flows from financing activities:    
Proceeds from the issuance of debt and finance lease obligations 895,163 323,781
Repurchase of common stock (838) (11,470)
Principal payments on debt and finance lease obligations (474,431) (432,629)
Debt issuance costs (14,400) (3,171)
Other financing activities 5,576 7,266
Net cash provided by (used in) financing activities 411,070 (116,223)
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 354,036 (74,418)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD 190,760 302,319
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD 544,796 227,901
CASH PAYMENTS FOR:    
Interest paid, net of amount capitalized 59,798 57,969
Income tax refunds (450) (14,954)
SUPPLEMENTAL DISCLOSURE OF NONCASH TRANSACTIONS:    
Right-of-use (ROU) assets acquired 1,406 0
Purchases of property and equipment in accrued liabilities and other 26,200 53,324
Shares issued for acquisition of Sun Country $ 669,069 $ 0