7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 
      
    		                   
      assets
    		                   
      current assets:
    		                   
      cash and cash equivalents
    		111,834,000 36,964,000 53,391,000 83,219,000 56,791,000 26,864,000 28,427,000 46,279,000 26,967,000 86,930,000 71,587,000 92,086,000 131,912,000 212,858,000 272,402,000 309,338,000 275,332,000   
      restricted cash
    		22,998,000 16,346,000 13,737,000 17,252,000 10,649,000 7,173,000 11,173,000 17,401,000 10,953,000 7,281,000 22,776,000 10,842,000 14,163,000 4,132,000 8,085,000 8,447,000 15,693,000 4,762,000 6,019,000 
      investments
    		64,391,000 101,337,000 105,376,000 104,053,000 89,697,000 108,301,000 132,779,000 141,127,000 153,290,000 158,177,000 171,638,000 178,936,000 135,170,000 76,724,000 6,233,000 6,283,000 5,997,000 6,076,000 5,777,000 
      accounts receivable, net of an allowance
    		50,113,000 35,265,000 39,656,000 35,296,000 37,806,000 44,635,000 37,525,000 38,166,000 42,876,000 26,937,000 35,464,000 35,124,000 31,628,000 38,479,000 31,733,000 30,156,000 31,221,000 25,989,000 25,897,000 
      short-term lessor maintenance deposits
    		1,146,000 1,146,000 1,146,000 521,000 7,147,000 1,078,000 1,816,000 1,046,000 1,191,000 999,000 1,279,000 1,241,000 1,211,000 7,394,000 6,698,000 5,505,000  1,490,000 1,723,000 
      inventory, net of a reserve for obsolescence of 1,081 and 784, respectively
    		11,672,000                   
      prepaid expenses
    		18,143,000 15,216,000 14,634,000 13,837,000 13,226,000 15,040,000 12,604,000 15,823,000 13,358,000 12,209,000 11,621,000 11,423,000 11,692,000 16,245,000 10,166,000 8,511,000 11,155,000 14,447,000 11,678,000 
      other current assets
    		4,504,000 4,717,000 1,753,000 1,939,000 977,000 2,163,000 2,062,000 3,716,000 3,992,000 2,365,000 4,823,000 8,179,000 4,684,000 1,186,000 8,302,000 1,798,000 1,299,000 779,000 804,000 
      total current assets
    		284,801,000 222,293,000 240,930,000 266,584,000 226,024,000 213,712,000 234,969,000 271,351,000 260,305,000 302,263,000 325,993,000 345,490,000 337,740,000 363,338,000 349,243,000 375,443,000 346,441,000 371,246,000 328,159,000 
      property & equipment, net:
    		                   
      aircraft and flight equipment
    		801,488,000 799,515,000 778,381,000 775,210,000 721,269,000 716,422,000 703,222,000 685,559,000 679,145,000 664,757,000 643,924,000 636,584,000 628,375,000 589,690,000 486,374,000 440,356,000 435,901,000 395,646,000 384,950,000 
      aircraft and flight equipment held for operating lease
    		93,548,000 93,548,000 124,383,000 124,383,000 154,175,000 154,175,000 154,399,000 154,185,000 154,165,000 154,161,000 92,627,000         
      ground equipment and leasehold improvements
    		50,683,000 49,124,000 47,571,000 46,550,000 45,283,000 45,458,000 44,379,000 39,847,000 39,316,000 38,690,000 37,664,000 35,948,000 33,809,000 27,092,000 24,451,000     
      computer hardware and software
    		25,028,000 23,729,000 22,847,000 22,436,000 21,498,000 20,771,000 19,430,000 17,875,000 12,856,000 10,388,000 9,327,000 10,831,000 10,402,000 10,161,000 9,125,000 8,785,000 8,459,000 8,331,000 7,949,000 
      finance lease assets
    		309,877,000 309,877,000 309,877,000 309,877,000 338,875,000 332,682,000 344,500,000 304,384,000 285,942,000 276,086,000 261,991,000 261,991,000 262,060,000 251,887,000 275,547,000 209,457,000 189,689,000 161,649,000 117,833,000 
      rotable parts
    		31,059,000 26,498,000 26,791,000 26,626,000 26,307,000 25,355,000 24,987,000 19,848,000 16,820,000 15,206,000 13,318,000 17,059,000 13,992,000 10,958,000 9,271,000 9,150,000 9,331,000 9,094,000 8,808,000 
      total property & equipment
    		1,311,683,000 1,302,291,000 1,309,850,000 1,305,082,000 1,307,407,000 1,294,863,000 1,290,917,000 1,221,698,000 1,188,244,000 1,159,288,000 1,058,851,000 962,413,000 948,638,000 889,788,000 675,649,000 573,611,000 561,029,000 500,041,000 456,929,000 
      accumulated depreciation & amortization
    		-396,292,000 -374,139,000 -353,535,000 -334,993,000 -314,309,000 -292,463,000 -272,590,000 -252,717,000 -231,501,000 -211,227,000 -190,580,000 -176,746,000 -159,779,000 -144,165,000 -129,119,000 -115,013,000 -101,356,000 -88,704,000 -76,467,000 
      other assets:
    		                   
      goodwill
    		222,223,000 222,223,000 222,223,000 222,223,000 222,223,000 222,223,000 222,223,000 222,223,000 222,223,000 222,223,000 222,223,000 222,223,000 222,223,000 222,223,000 222,223,000 222,223,000 222,223,000 222,223,000 222,223,000 
      other intangible assets, net of accumulated amortization of 33,411 and 29,903, respectively
    		74,330,000                   
      operating lease right-of-use assets
    		14,930,000 15,591,000 16,239,000 16,896,000 17,539,000 13,903,000 14,252,000 14,917,000 15,475,000 18,715,000 21,929,000 22,182,000 23,919,000 27,019,000 29,284,000 61,658,000 65,215,000 70,715,000 80,587,000 
      aircraft deposits
    		7,925,000 7,925,000 7,925,000 7,925,000 8,974,000 8,974,000 9,564,000 9,564,000 9,589,000 9,614,000 9,374,000 9,134,000 9,128,000 11,520,000 10,831,000 10,021,000 9,092,000   
      long-term lessor maintenance deposits
    		63,399,000 59,571,000 55,712,000 53,624,000 50,511,000 52,336,000 48,181,000 44,675,000 41,172,000 38,310,000 35,253,000 32,433,000 29,714,000 25,813,000 23,071,000 20,346,000 23,226,000 19,493,000 18,855,000 
      other assets
    		20,936,000 20,942,000 16,107,000 14,998,000 12,238,000 9,652,000 9,444,000 8,365,000 10,577,000 9,021,000 10,185,000 9,217,000 9,017,000 8,279,000 5,226,000 5,495,000 5,828,000 6,137,000 6,502,000 
      total other assets
    		403,743,000 401,664,000 394,781,000 393,504,000 390,740,000 387,775,000 385,783,000 383,295,000 384,020,000 384,299,000 387,462,000 393,255,000 394,845,000 397,777,000 394,700,000 427,590,000 434,843,000 438,677,000 459,114,000 
      total assets
    		1,603,935,000 1,552,109,000 1,592,026,000 1,630,177,000 1,609,862,000 1,603,887,000 1,639,079,000 1,623,627,000 1,601,068,000 1,634,623,000 1,581,726,000 1,524,412,000 1,521,444,000 1,506,738,000 1,419,592,000 1,376,644,000 1,342,313,000 1,309,964,000 1,244,202,000 
      inventory, net of a reserve for obsolescence of 1,049 and 784, respectively
    		 11,302,000                  
      other intangible assets, net of accumulated amortization of 32,329 and 29,903, respectively
    		 75,412,000                  
      inventory, net of a reserve for obsolescence of 872 and 784, respectively
    		  11,237,000                 
      other intangible assets, net of accumulated amortization of 31,166 and 29,903, respectively
    		  76,575,000                 
      inventory, net of a reserve for obsolescence of 784 and 977, respectively
    		   10,467,000                
      other intangible assets, net of accumulated amortization of 29,903 and 24,190, respectively
    		   77,838,000                
      inventory, net of a reserve for obsolescence of 731 and 977, respectively
    		    9,731,000               
      other intangible assets, net of accumulated amortization of 28,487 and 24,190, respectively
    		    79,255,000               
      inventory, net of a reserve for obsolescence of 703 and 977, respectively
    		     8,458,000              
      other intangible assets, net of accumulated amortization of 27,054 and 24,190, respectively
    		     80,687,000              
      inventory, net of a reserve for obsolescence of 753 and 977, respectively
    		      8,583,000             
      other intangible assets, net of accumulated amortization of 25,622 and 24,190, respectively
    		      82,119,000             
      inventory, net of a reserve for obsolescence of 977 and 1,107, respectively
    		       7,793,000            
      other intangible assets, net of accumulated amortization of 24,190 and 18,890, respectively
    		       83,551,000            
      deferred tax assets
    		           12,956,000        
      inventory, net of a reserve for obsolescence of 1,076 and 1,107, respectively
    		        7,678,000           
      other intangible assets, net of accumulated amortization of 22,757 and 18,890, respectively
    		        84,984,000           
      deferred tax asset
    		          2,389,000  14,734,000 15,813,000 15,955,000 18,737,000 19,149,000 21,342,000 30,810,000 
      inventory, net of a reserve for obsolescence of 1,190 and 1,107, respectively
    		         7,365,000          
      other intangible assets, net of accumulated amortization of 21,325 and 18,890, respectively
    		         86,416,000          
      inventory, net of a reserve for obsolescence of 1,183 and 1,107, respectively
    		          6,805,000         
      other intangible assets, net of accumulated amortization of 19,890 and 18,890, respectively
    		          86,109,000         
      inventory, net of a reserve for obsolescence of 1,107 and 1,275, respectively
    		           7,659,000        
      other intangible assets, net of accumulated amortization of 18,890 and 14,890, respectively
    		           85,110,000        
      inventory, net of a reserve for obsolescence of 1,255 and 1,275, respectively
    		            7,280,000       
      other intangible assets
    		            86,110,000 87,110,000 88,110,000 89,110,000 90,110,000 91,110,000 92,110,000 
      inventory, net of a reserve for obsolescence of 1,434 and 1,275, respectively
    		             6,320,000      
      inventory, net of a reserve for obsolescence of 1,366 and 1,275, respectively
    		              5,624,000     
      property & equipment
    		              804,768,000 688,624,000 662,385,000 588,745,000 533,396,000 
      ​
    		               2,021,000    
      inventory, net of a reserve for obsolescence of 1,275 and 996, respectively
    		               5,405,000    
      leasehold improvements and ground equipment
    		               20,876,000 19,005,000 14,025,000 13,856,000 
      liabilities and stockholders' equity
    		                   
      current liabilities:
    		                   
      accounts payable
    		               39,805,000 35,676,000 36,847,000 34,171,000 
      accrued salaries, wages, and benefits
    		               28,527,000 21,718,000 17,855,000 16,870,000 
      accrued transportation taxes
    		               12,736,000 8,882,000 12,907,000 10,402,000 
      air traffic liabilities
    		               118,562,000 105,048,000 113,771,000 94,733,000 
      derivative liabilities
    		                   
      over-market liabilities
    		               4,309,000 4,309,000 4,309,000 5,487,000 
      finance lease obligations
    		               11,705,000 9,740,000 9,601,000 9,995,000 
      loyalty program liabilities
    		               11,451,000 10,175,000 12,337,000 7,115,000 
      operating lease obligations
    		               17,231,000 17,353,000 18,239,000 20,672,000 
      current maturities of long-term debt
    		               29,412,000 19,835,000 19,795,000 29,232,000 
      other current liabilities
    		               7,913,000 8,884,000 5,145,000 8,963,000 
      total current liabilities
    		               281,651,000 241,620,000 250,806,000 237,640,000 
      long-term liabilities:
    		                   
      long-term debt
    		               248,014,000 266,985,000 267,684,000 274,109,000 
      income tax receivable agreement liability
    		               98,800,000 95,400,000 96,500,000 115,200,000 
      other long-term liabilities
    		               3,413,000 5,746,000 6,119,000 6,388,000 
      total long-term liabilities
    		               608,182,000 617,813,000 594,925,000 596,602,000 
      total liabilities
    		               889,833,000 859,433,000 845,731,000 834,242,000 
      commitments and contingencies
    		                   
      stockholders' equity:
    		                   
      common stock
    		                 572,000 572,000 
      common stock with 0.01 par value, 995,000,000 shares authorized, 57,872,452 and 46,839,659 issued and outstanding at december 31, 2021 and 2020, respectively.
    		               579,000    
      preferred stock
    		                   
      preferred stock with 0.01 par value, 5,000,000 shares authorized, no shares issued and outstanding at december 31, 2021 and 2020.
    		                   
      loans to stockholders
    		                   
      additional paid in capital
    		               485,638,000 481,108,000 476,368,000 473,848,000 
      retained earnings
    		               594,000 1,196,000 -12,707,000  
      total stockholders' equity
    		               486,811,000 482,880,000 464,233,000 409,960,000 
      total liabilities and stockholders' equity
    		               1,376,644,000 1,342,313,000 1,309,964,000 1,244,202,000 
      inventory, net of a reserve for obsolescence of 1,257 and 996, respectively
    		                5,496,000   
      derivative assets
    		                248,000 1,598,000 1,205,000 
      common stock with 0.01 par value, 995,000,000 shares authorized, 57,551,741 and 46,839,659 issued and outstanding at september 30, 2021 and december 31, 2020, respectively.
    		                576,000   
      preferred stock with 0.01 par value, 5,000,000 shares authorized, no shares issued and outstanding at september 30, 2021 and december 31, 2020.
    		                   
      cash and equivalents
    		                 310,723,000 269,599,000 
      inventory, net of a reserve for obsolescence of 1,188 and 996, respectively
    		                 5,382,000  
      aircraft lease deposits
    		                 7,657,000 8,027,000 
      common stock with 0.01 par value, 995,000,000 shares authorized, 57,158,467 and 46,839,659 issued at june 30, 2021 and december 31, 2020, respectively.
    		                   
      inventory, net of a reserve for obsolescence of 1,089 and 996, respectively
    		                  5,457,000 
      common stock with 0.01 par value, 995,000,000 shares authorized, 57,153,467 and 46,839,659 issued at march 31, 2021 and december 31, 2020, respectively.
    		                   
      retained earnings /
    		                  -64,460,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.