Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| 10-K | 10-K | 10-K | 10-K | S-1/A | S-1/A | S-1/A | S-1/A |
Operating revenues: | | | | | | | | |
Total operating revenues | 3,326 | 2,060 | 1,250 | 2,508 | 2,156 | 1,714 | 1,604 | 1,593 |
Total operating revenues growth | 61.5% | 64.8% | -50.2% | 16.3% | | 6.9% | 0.7% | |
Operating expenses: | | | | | | | | |
Aircraft fuel | 1,160 | 575 | 338 | 640 | 589 | 343 | 369 | 538 |
Salaries, wages and benefits | 715 | 616 | 533 | 529 | | | | |
Aircraft rent | 556 | 530 | 396 | 368 | 277 | 209 | 171 | 147 |
Station operations | 422 | 384 | 257 | 336 | | | | |
Sales and marketing | 164 | 109 | 78 | 130 | 110 | 72 | 79 | 87 |
Maintenance, materials and repairs | 146 | 119 | 83 | 86 | | | | |
Depreciation and amortization | 45 | 38 | 33 | 46 | | 75 | 54 | 29 |
CARES Act credits | | -295 | -193 | | | | | |
Transaction and merger-related costs, net | 10 | | | | | | | |
Other operating | 153 | 101 | 90 | 64 | | | | |
Total operating expenses | 3,371 | 4,649 | 3,423 | 2,199 | | | | |
Operating income (loss) | -45 | -117 | -365 | 309 | 92 | 317 | 233 | 228 |
Operating margin | -1.4% | -5.7% | -29.2% | 12.3% | 4.3% | 18.5% | 14.5% | 14.3% |
|
Other income (expense): | | | | | | | | |
Interest expense | -21 | -33 | -18 | -11 | | | | |
|
Capitalized interest | | | | | | | | |
Interest income and other | 10 | 2 | 5 | 16 | | | | |
Total other income (expense) | | -27 | -7 | 16 | -13 | -2 | | |
Income (loss) before income taxes | -45 | -144 | -372 | 325 | | | | |
Income tax expense (benefit) | -8 | -42 | -147 | 74 | 25 | 116 | 82 | 84 |
Net income (loss) | -37 | -102 | -225 | 251 | 80 | 200 | 146 | 140 |
|
Earnings (loss) per share: | | | | | | | | |
Basic (in dollars per share) | ($0.17) | ($0.48) | ($1.13) | $1.19 | $0.37 | $36.76 | $26.60 | $26.12 |
Diluted (in dollars per share) | ($0.17) | ($0.48) | ($1.13) | $1.19 | $0.36 | $36.23 | $26.15 | $25.75 |
|