JetBlue financial results 2026: revenue, RASM, CASM, fleet & guidance
Aviation Intelligence Database · Airline profile
Airline profile
Company-reported performance, unit economics, balance-sheet and fleet metrics from FY2022 to the latest published period. Metrics are in the same order as the Airline Comparison tool.
— metrics in this profile
FY2022 → Q2 2026
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At a glance
Latest reported period
Trends
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Headline metrics and correctly labelled unit economics, FY2022 to the latest period.
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RReportedDirect company disclosure
CCalculatedDerived from company figures
GGroup-levelBroader than the airline entity
DCompany-definedNon-standard measure
—Missing dataNot stored, not disclosed or not applicable; see each cell
Analysis
What the numbers say
More detail
Additional disclosures
Guidance vs actual
Did the airline deliver?
What management guided at the start of each financial year compared with what was reported. Within the guided range = met; for cost metrics, below the range = beat.
Fleet & orders
Fleet composition
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Peers
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FAQ
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Methodology
How to read this page
Every figure keeps the company’s own reporting period, currency, entity scope and terminology. Partial periods are not annualised, currencies are not converted and missing KPIs are not estimated. Core metrics follow the Airline comparison tool.
- Fiscal years are labelled by the calendar year in which they end (a year to 31 Mar 2025 appears as FY2025). The exact period end is shown in the first row, with a link to the source document.
- Quarters follow the company’s reporting calendar; the company’s own label is noted beneath the period.
- YoY change compares with the same period one year earlier: % change for amounts, percentage points (pp) for ratios. Green means favourable (for costs, a fall is favourable). n.m. = not meaningful.
- Operating margin uses operating profit or EBIT ÷ revenue. EBITDA, EBITDAR and their margins are separate disclosures and are not substitutes for operating profit or margin. Company-defined measures keep their source labels (marked D).
- Sources: annual reports, interim results and traffic statements. See Data & Research.
Quick answers
Is JetBlue profitable?
No, not in its latest full year. JetBlue reported an operating loss of $368m in FY2025 (year to 31 Dec 2025), a −4.1% margin. In its latest reported period, it reported an operating loss of $144m in Q3 2026 (to 30 Sep 2026), a −5.1% margin.
What was JetBlue’s revenue in 2025?
JetBlue reported revenue of $9.062bn in FY2025 (year to 31 Dec 2025). For Q3 2026 (to 30 Sep 2026) it reported revenue of $2,812m.
Company-reported figures from our airline database. Definitions, currencies and reporting periods differ between airlines; see the tables on this page and the comparison tool for detail.
Text version of the JetBlue data on this page
JetBlue data snapshot
- Scope: JetBlue Airways Corporation
- Region: North America
- Business model: Hybrid low cost
- Financial year end: 31 Dec
- Reporting currency: USD
- Source: SEC earnings releases, 10-K & investor updates
- Latest period: Q3 2026
- Last updated: 2026-10-27
Previous Q2 2026 read · archived
JetBlue grew Q2 2026 revenue 14.5% to $2.70 billion as RASM rose 10.9%, but fuel at $4.23 a gallon, up 76%, pushed it to a $141 million operating loss and a $247 million net loss. Guidance now calls for a 2026 adjusted operating margin of −2% to −5%, against “breakeven or better” in January.
Q3 2026 and nine-month results added 27 October 2026
JetBlue reported Q3 2026 revenue of $2.812 billion, up 21.1%, and RASM growth of 18.4%. Higher fuel and disruption costs contributed to a $144 million GAAP operating loss and $257 million net loss. Adjusted operating margin was −3.9%, compared with −4.1% a year earlier. Nine-month revenue was $7.749 billion, with a $509 million operating loss.
- Q3 2026 (Q3 2026 · 30 Sep 2026): p: 10.607m (Revenue passengers; source unit thousands; +2.2% YoY) [Reported]; r: $2,812m (Total operating revenue; +21.1% YoY) [Reported]; o: −$144m op. (GAAP operating loss) [Reported]; m: −5.1% (GAAP operating margin; adjusted operating margin −3.9%; adjusted operating loss −$111m op.) [Reported]; l: 83.6% (Revenue passenger miles / available seat miles; −1.5pt YoY) [Reported]; np: −$257m (GAAP net loss) [Reported]; g: 17,268m ASM (Available seat miles; not kilometres; +2.3% YoY) [Reported]; u: 16.28¢ RASM (Total operating revenue per available seat mile; +18.4% YoY) [Reported]; c: 11.78¢ CASM ex-fuel (Excludes fuel, other non-airline expenses and special items; +7.0% YoY) [Defined]; cask: 17.12¢ CASM (Total operating expense per available seat mile) [Reported]; fuel: $868m (Aircraft fuel expense; $3.91/gallon) [Reported]; prev: $2600m (Passenger revenue) [Reported]; anc: $212m other revenue (Reported other operating revenue) [Reported]; pbt: −$270m (GAAP loss before income taxes) [Reported]; yieldRpm: 18.01¢ (Yield per revenue passenger mile) [Reported]; fare: $245.11 (Average fare) [Reported]; util: 10.0 hours/day (Aircraft utilization; includes temporarily removed aircraft) [Reported]; f: Not disclosed (Period-end fleet not disclosed in this release; average operating aircraft during this period: 297. Includes temporarily removed aircraft; not a period-end count) [Unavailable]; q: $2.2bn liquidity (At 30 Sep 2026; includes a $600m undrawn credit facility) [Reported]; cashEquivalents: $1,258m (Balance-sheet cash and cash equivalents at 30 Sep 2026) [Reported]; cashOther: $1,626m cash and investments ($1,258m balance-sheet cash plus $368m investment securities; excludes the undrawn facility) [Calculated]; d: $8,393m total debt (At 30 Sep 2026; gross debt, not net debt) [Reported]; eq: $1,337m (Stockholders’ equity at 30 Sep 2026) [Reported]; capex: $249m (Includes pre-delivery deposits and an A321neo XLR expected to be sold; management also reports $189m excluding that aircraft) [Reported]; w: +1.5% to +2.5% ASM (FY2026 guidance issued 26 Oct 2026; Q4 +3.0% to +4.0%) [Defined]. Source: JetBlue Q3 2026 results.
- 9M 2026 (9M 2026 · 30 Sep 2026): p: 30.416m (Revenue passengers; source unit thousands) [Reported]; r: $7,749m (Total operating revenue) [Reported]; o: −$509m op. (GAAP operating loss) [Reported]; m: −6.6% (GAAP operating margin; adjusted operating margin −6.1%; adjusted operating loss −$476m op.) [Reported]; l: 82.8% (Revenue passenger miles / available seat miles) [Reported]; np: −$823m (GAAP net loss) [Reported]; g: 49,778m ASM (Available seat miles; not kilometres) [Reported]; u: 15.57¢ RASM (Total operating revenue per available seat mile) [Reported]; c: 11.69¢ CASM ex-fuel (Excludes fuel, other non-airline expenses and special items) [Defined]; cask: 16.59¢ CASM (Total operating expense per available seat mile) [Reported]; fuel: $2352m (Aircraft fuel expense) [Reported]; prev: $7135m (Passenger revenue) [Reported]; anc: $614m other revenue (Reported other operating revenue) [Reported]; pbt: −$877m (GAAP loss before income taxes) [Reported]; yieldRpm: 17.30¢ (Yield per revenue passenger mile) [Reported]; fare: $234.59 (Average fare) [Reported]; util: 9.9 hours/day (Aircraft utilization; includes temporarily removed aircraft) [Reported]; f: Not disclosed (Period-end fleet not disclosed in this release; average operating aircraft during this period: 293. Includes temporarily removed aircraft; not a period-end count) [Unavailable]; q: $2.2bn liquidity (At 30 Sep 2026; includes a $600m undrawn credit facility) [Reported]; cashEquivalents: $1,258m (Balance-sheet cash and cash equivalents at 30 Sep 2026) [Reported]; cashOther: $1,626m cash and investments ($1,258m balance-sheet cash plus $368m investment securities; excludes the undrawn facility) [Calculated]; d: $8,393m total debt (At 30 Sep 2026; gross debt, not net debt) [Reported]; eq: $1,337m (Stockholders’ equity at 30 Sep 2026) [Reported]; capex: $624m (Nine-month capital expenditure and pre-delivery deposits, including an A321neo XLR expected to be sold) [Reported]. Source: JetBlue Q3 2026 results.
- 9M 2025 (9M 2025 · 30 Sep 2025): p: 29.618m (Revenue passengers; source unit thousands) [Reported]; r: $6,818m (Total operating revenue) [Reported]; o: −$268m op. (GAAP operating loss) [Reported]; m: −3.9% (GAAP operating margin; adjusted operating margin −3.5%; adjusted operating loss −$239m op.) [Reported]; l: 82.6% (Revenue passenger miles / available seat miles) [Reported]; np: −$425m (GAAP net loss) [Reported]; g: 49,126m ASM (Available seat miles; not kilometres) [Reported]; u: 13.88¢ RASM (Total operating revenue per available seat mile) [Reported]; c: 11.10¢ CASM ex-fuel (Excludes fuel, other non-airline expenses and special items) [Defined]; cask: 14.42¢ CASM (Total operating expense per available seat mile) [Reported]; fuel: $1554m (Aircraft fuel expense) [Reported]; prev: $6284m (Passenger revenue) [Reported]; anc: $534m other revenue (Reported other operating revenue) [Reported]; pbt: −$561m (GAAP loss before income taxes) [Reported]; yieldRpm: 15.48¢ (Yield per revenue passenger mile) [Reported]; fare: $212.16 (Average fare) [Reported]; util: 10.0 hours/day (Aircraft utilization; includes temporarily removed aircraft) [Reported]; f: Not disclosed (Period-end fleet not disclosed in this release; average operating aircraft during this period: 287. Includes temporarily removed aircraft; not a period-end count) [Unavailable]; capex: $777m (Nine-month capital expenditure and pre-delivery deposits) [Reported]. Source: JetBlue Q3 2026 results.
Current management outlook · 26 October 2026
FY2026 guidance: capacity +1.5% to +2.5%, RASM +13.5% to +14.5%, CASM ex-fuel +3.5% to +4.5%, and adjusted operating margin −4.5% to −6.5%. Fuel is assumed at $3.95/gallon. Capital expenditure is about $850 million, excluding one A321neo XLR expected to be sold, and interest expense about $590 million. Q4 guidance: capacity +3.0% to +4.0%, RASM +18.0% to +22.0%, CASM ex-fuel −1.0% to +1.0%, and fuel $4.64/gallon.
Reported metrics by period
Annual results
- FY2025 (FY2025 · 31 Dec 2025): Passengers: 39.3m (−2.9% YoY); Revenue: $9.062bn (−2.3% YoY); Operating profit / result: −$368m op. (Operating loss); Operating margin: −4.1% (Adjusted operating margin −3.7%); Load factor: 82.4% (−0.8pt YoY); Net profit: −$602m (Net loss); Capacity / ASK: 65.0bn ASM (−1.6% YoY); RASK / yield: 13.94¢ RASM (−0.7% YoY); CASK ex-fuel: 11.20¢ CASM ex-fuel (+6.2% YoY; company adjusted measure) [Defined]; Fuel cost: $2.057bn (Fuel expense; $2.49/gal); Cash / liquidity: $2.5bn (Unrestricted liquidity, about 27% of trailing revenue); Net debt / cash / leverage: $8.50bn total debt (At 31 Dec 2025); Shareholders’ equity: $2.120bn (Stockholders’ equity); Capital expenditure: $1.122bn (2025 capital expenditure); Fleet size: 288 (129 A320, 100 A321, 59 A220 at 31 Dec 2025); Firm orders outstanding: 84 (40 A220 (2026–29) and 44 A321neo (2030+)). Source: JetBlue Q4 2025 results.
- FY2024 (FY2024 · 31 Dec 2024): Passengers: 40.5m (Revenue passengers); Revenue: $9.279bn (Operating revenue); Operating profit / result: −$684m op. (Operating loss incl. special items); Operating margin: −7.4% (Adjusted operating margin −1.0%); Load factor: 83.2% (Annual); Net profit: −$795m (Net loss); Capacity / ASK: 66.1bn ASM (Annual); RASK / yield: 14.04¢ RASM (Operating revenue per ASM); CASK ex-fuel: 10.55¢ CASM ex-fuel (Company adjusted measure) [Defined]; Fuel cost: $2.343bn (Fuel expense; $2.75/gal); Cash / liquidity: $3.95bn cash and investments ($1.921bn cash + $2.025bn investment securities) [Calculated]; Net debt / cash / leverage: $8.54bn total debt (At 31 Dec 2024); Shareholders’ equity: $2.641bn (Stockholders’ equity). Source: JetBlue Q4 2025 results (2024 comparatives).
- FY2023 (FY2023 · 31 Dec 2023): Passengers: 42.5m (Revenue passengers); Revenue: $9.615bn (Operating revenue); Operating profit / result: −$230m op. (Operating loss); Operating margin: −2.4% (Operating margin); Load factor: 82.6% (Annual); Net profit: −$310m (Net loss); Capacity / ASK: 68.5bn ASM (Annual); RASK / yield: 14.04¢ RASM (Operating revenue per ASM); CASK ex-fuel: 10.02¢ CASM ex-fuel (Company adjusted measure) [Defined]; Fuel cost: $3.03/gal (Average fuel price); Cash / liquidity: $1.73bn (Unrestricted liquidity); Net debt / cash / leverage: $4.72bn total debt (At 31 Dec 2023). Source: JetBlue Q4 2023 results.
- FY2022 (FY2022 · 31 Dec 2022): Passengers: 39.6m (Revenue passengers); Revenue: $9.158bn (Operating revenue); Operating profit / result: −$298m op. (Operating loss); Operating margin: −3.3% (Operating margin); Load factor: 81.5% (Annual); Net profit: −$362m (Net loss); Capacity / ASK: 64.5bn ASM (Annual); RASK / yield: 14.20¢ RASM (Operating revenue per ASM); CASK ex-fuel: 9.59¢ CASM ex-fuel (Company adjusted measure) [Defined]; Fuel cost: $3.69/gal (Average fuel price); Net debt / cash / leverage: $3.65bn total debt (At 31 Dec 2022). Source: JetBlue Q4 2023 results (2022 comparatives).
Quarterly and interim results
- Q2 2026 (Q2 2026 · 30 Jun 2026): Passengers: 10.5m (+5.1% YoY); Revenue: $2.697bn (+14.5% YoY); Operating profit / result: −$141m op. (Operating loss; Q2 2025: +$6m); Operating margin: −5.2% (Adjusted −5.2%); Load factor: 82.7% (+0.8pt YoY); Net profit: −$247m (Net loss; −$0.66 per share); Capacity / ASK: 17.2bn ASM (+3.2% YoY); Revenue passenger km (RPK): 14.2bn RPM (+4.1% YoY); RASK / yield: 15.71¢ RASM (+10.9% YoY); Yield: 17.53¢ (Per passenger mile; +9.6%); CASK ex-fuel: 11.12¢ CASM ex-fuel (+2.4% YoY) [Defined]; Total CASK: 16.53¢ CASM (+17.0% YoY); Fuel cost: $911m ($4.23/gal, +76% YoY); Passenger revenue: $2.487bn (+14.1% YoY); Ancillary revenue: $210m other revenue (+18.6% YoY); Profit before tax: −$271m (Pre-tax margin −10.0%); Cash / liquidity: $2.17bn cash and investments ($1.656bn cash + $512m securities) [Calculated]; Net debt / cash / leverage: $8.48bn total debt (At 30 Jun 2026); Shareholders’ equity: $1.587bn (Stockholders’ equity); Capital expenditure: $234m (Q2 2026); Fleet growth / guidance: +1.5% to +3.5% ASM (FY2026 guidance) [Defined]; Fleet size: 288 (At 31 Dec 2025; 14 A220 due in 2026). Source: JetBlue Q2 2026 results.
- Q1 2026 (Q1 2026 · 31 Mar 2026): Passengers: 9.3m (+0.7% YoY); Revenue: $2.240bn (+4.7% YoY); Operating profit / result: −$224m op. (Operating loss); Operating margin: −10.0% (−1.8pt YoY); Load factor: 82.2% (+1.5pt YoY); Net profit: −$319m (Net loss); Capacity / ASK: 15.3bn ASM (−1.7% YoY); RASK / yield: 14.60¢ RASM (+6.5% YoY); CASK ex-fuel: 12.21¢ CASM ex-fuel (+6.6% YoY) [Defined]; Fuel cost: $2.96/gal (+15.2% YoY); Cash / liquidity: $3.0bn ($2.4bn cash and securities + $600m undrawn revolver). Source: JetBlue Q1 2026 results.
- Q4 2025 (Q4 2025 · 31 Dec 2025): Passengers: 9.7m (−2.2% YoY); Revenue: $2.244bn (−1.5% YoY); Operating profit / result: −$100m op. (Operating loss); Operating margin: −4.5% (Adjusted −4.4%); Load factor: 81.5% (−0.7pt YoY); Net profit: −$177m (Net loss); Capacity / ASK: 15.9bn ASM (−1.6% YoY); RASK / yield: 14.13¢ RASM (+0.2% YoY); CASK ex-fuel: 11.49¢ CASM ex-fuel (+6.7% YoY) [Defined]. Source: JetBlue Q4 2025 results.
- Q3 2025 (Q3 2025 · 30 Sep 2025): Passengers: 10.4m (−2.0% YoY); Revenue: $2.322bn (−1.8% YoY); Operating profit / result: −$100m op. (Operating loss); Operating margin: −4.3% (Q3 2024: −1.6%); Load factor: 85.1% (−1.5pt YoY); Net profit: −$143m (Net loss); Capacity / ASK: 16.9bn ASM (+0.9% YoY); RASK / yield: 13.75¢ RASM (−2.7% YoY); CASK ex-fuel: 11.02¢ CASM ex-fuel (Company adjusted measure) [Defined]. Source: JetBlue Q3 2025 results.
- Q2 2025 (Q2 2025 · 30 Jun 2025): Passengers: 10.0m (Revenue passengers); Revenue: $2.356bn (Operating revenue); Operating profit / result: $6m op. (Operating income); Operating margin: 0.3% (Adjusted 1.3%); Load factor: 81.9% (Quarter); Net profit: −$74m (Net loss); Capacity / ASK: 16.6bn ASM (Quarter); RASK / yield: 14.17¢ RASM (Quarter); CASK ex-fuel: 10.86¢ CASM ex-fuel (Company adjusted measure) [Defined]. Source: JetBlue Q2 2026 results (comparatives).
Sources
- JetBlue Q2 2026 results (SEC exhibit 99.1)
- JetBlue Q1 2026 results
- JetBlue Q4 2025 results
- JetBlue Q4 2025 investor update (fleet and guidance)
- JetBlue Q3 2025 results
- JetBlue Q4 2023 results
Historical KPI backfill · 28 October 2026
Additional source-verified observations. Original text and figures above are retained. Average fleet and employees are period averages. RPM and ASM remain in miles. Exact source numerics supplement rounded displays where available.
Q1 2022 · 31 Mar 2022
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $1,736m | Reported · Total operating revenue | Consolidated statements of operations |
| Operating result | −$367m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | −21.1% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$255m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$398m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $1,603m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $133m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $571m | Reported · Aircraft fuel and related taxes | Consolidated statements of operations |
| Passengers | 8.177m | Reported · Revenue passengers; reported in thousands | Comparative operating statistics |
| Revenue passenger miles (RPM) | 10,927m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Seat capacity | 15,383m ASM | Reported · Available seat miles; not kilometres | Comparative operating statistics |
| Load factor | 71.0% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 9.9 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $195.99 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 14.67¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| RASM / TRASM (reported) | 11.29¢ RASM | Reported · Total operating revenue per available seat mile | Comparative operating statistics |
| Total CASM | 13.67¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| CASM excluding fuel | 9.87¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation | Comparative operating statistics |
| Departures | 78,393 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 282 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 19,304 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.90 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
H1 2022 · 30 Jun 2022
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $4,181m | Reported · Total operating revenue | Consolidated statements of operations |
| Operating result | −$480m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | −11.5% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$443m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$549m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $3,904m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $277m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $1,481m | Reported · Aircraft fuel and related taxes | Consolidated statements of operations |
| Passengers | 18.573m | Reported · Revenue passengers; reported in thousands | Comparative operating statistics |
| Revenue passenger miles (RPM) | 24,893m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Seat capacity | 31,788m ASM | Reported · Available seat miles; not kilometres | Comparative operating statistics |
| Load factor | 78.3% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 10.2 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $210.20 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 15.68¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| RASM / TRASM (reported) | 13.15¢ RASM | Reported · Total operating revenue per available seat mile | Comparative operating statistics |
| Total CASM | 14.66¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| CASM excluding fuel | 9.77¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation | Comparative operating statistics |
| Departures | 161,848 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 283 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 19,868 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $3.60 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
Q2 2022 · 30 Jun 2022
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $2,445m | Reported · Total operating revenue | Consolidated statements of operations |
| Operating result | −$113m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | −4.6% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$188m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$151m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $2,302m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $143m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $910m | Reported · Aircraft fuel and related taxes | Consolidated statements of operations |
| Passengers | 10.396m | Reported · Revenue passengers; reported in thousands | Comparative operating statistics |
| Revenue passenger miles (RPM) | 13,967m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Seat capacity | 16,405m ASM | Reported · Available seat miles; not kilometres | Comparative operating statistics |
| Load factor | 85.1% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 10.4 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $221.38 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 16.48¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| RASM / TRASM (reported) | 14.90¢ RASM | Reported · Total operating revenue per available seat mile | Comparative operating statistics |
| Total CASM | 15.59¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| CASM excluding fuel | 9.69¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation | Comparative operating statistics |
| Departures | 83,455 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 283 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,249 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $4.24 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
9M 2022 · 30 Sep 2022
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $6,743m | Reported · Total operating revenue | Consolidated statements of operations |
| Operating result | −$341m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | −5.1% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$386m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$443m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $6,319m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $424m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $2,305m | Reported · Aircraft fuel and related taxes | Consolidated statements of operations |
| Passengers | 29.075m | Reported · Revenue passengers; reported in thousands | Comparative operating statistics |
| Revenue passenger miles (RPM) | 38,857m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Seat capacity | 48,005m ASM | Reported · Available seat miles; not kilometres | Comparative operating statistics |
| Load factor | 80.9% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 10.1 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $217.34 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 16.26¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| RASM / TRASM (reported) | 14.05¢ RASM | Reported · Total operating revenue per available seat mile | Comparative operating statistics |
| Total CASM | 14.76¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| CASM excluding fuel | 9.75¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation | Comparative operating statistics |
| Departures | 246,653 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 284 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,013 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $3.68 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
Q3 2022 · 30 Sep 2022
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $2,562m | Reported · Total operating revenue | Consolidated statements of operations |
| Operating result | $139m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | 5.4% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | $57m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | $105m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $2,415m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $147m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $825m | Reported · Aircraft fuel and related taxes | Consolidated statements of operations |
| Passengers | 10.502m | Reported · Revenue passengers; reported in thousands | Comparative operating statistics |
| Revenue passenger miles (RPM) | 13,963m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Seat capacity | 16,217m ASM | Reported · Available seat miles; not kilometres | Comparative operating statistics |
| Load factor | 86.1% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 10.1 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $229.95 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 17.30¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| RASM / TRASM (reported) | 15.80¢ RASM | Reported · Total operating revenue per available seat mile | Comparative operating statistics |
| Total CASM | 14.94¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| CASM excluding fuel | 9.69¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation | Comparative operating statistics |
| Departures | 84,805 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 286 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,303 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $3.84 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
FY2022 · 31 Dec 2022
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Cash and cash equivalents | $1,042m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
| Equity | $3,563m | Reported · Stockholders equity | Selected consolidated balance-sheet data |
| Profit before tax | −$437m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $8,586m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $572m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $3,105m | Reported · Aircraft fuel and related taxes | Consolidated statements of operations |
| Revenue passenger miles (RPM) | 52,552m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Aircraft utilisation | 10.1 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $217.03 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 16.34¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| Total CASM | 14.67¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| Departures | 332,699 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 285 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,075 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
Q4 2022 · 31 Dec 2022
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Cash and cash equivalents | $1,042m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
| Other debt / leverage disclosure | $3,647m total debt | Reported · Company-reported total debt; retains company lease definition | Selected consolidated balance-sheet data |
| Equity | $3,563m | Reported · Stockholders equity | Selected consolidated balance-sheet data |
| Revenue | $2,415m | Reported · Total operating revenue | Consolidated statements of operations |
| Operating result | $43m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | 1.8% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | $24m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | $7m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $2,267m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $148m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $800m | Reported · Aircraft fuel and related taxes | Consolidated statements of operations |
| Passengers | 10.486m | Reported · Revenue passengers; reported in thousands | Comparative operating statistics |
| Revenue passenger miles (RPM) | 13,695m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Seat capacity | 16,470m ASM | Reported · Available seat miles; not kilometres | Comparative operating statistics |
| Load factor | 83.2% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 10.2 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $216.20 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 16.55¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| RASM / TRASM (reported) | 14.66¢ RASM | Reported · Total operating revenue per available seat mile | Comparative operating statistics |
| Total CASM | 14.40¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| CASM excluding fuel | 9.13¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation | Comparative operating statistics |
| Departures | 86,046 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 288 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,016 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $3.70 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
Q1 2023 · 31 Mar 2023
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $2,328m | Reported · Total operating revenue; +34.1% YoY | Consolidated statements of operations |
| Operating result | −$242m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | −10.4% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$192m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$266m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $2,182m | Reported · Passenger revenue; +36.1% YoY | Consolidated statements of operations |
| Other operating revenue | $146m | Reported · Other operating revenue; not a separately defined ancillary-revenue total; +9.4% YoY | Consolidated statements of operations |
| Fuel expense | $765m | Reported · Aircraft fuel and related taxes; +34.1% YoY | Consolidated statements of operations |
| Passengers | 10.192m | Reported · Revenue passengers; reported in thousands; +24.6% YoY | Comparative operating statistics |
| Revenue passenger miles (RPM) | 13,375m RPM | Reported · Revenue passenger miles; not kilometres; +22.4% YoY | Comparative operating statistics |
| Seat capacity | 16,769m ASM | Reported · Available seat miles; not kilometres; +9.0% YoY | Comparative operating statistics |
| Load factor | 79.8% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 11.1 hours/day | Reported · Aircraft utilisation; company definition; +12.1% YoY | Comparative operating statistics |
| Average fare | $214.07 | Reported · Average fare; +9.2% YoY | Comparative operating statistics |
| Passenger yield per RPM | 16.31¢ | Reported · Passenger yield per revenue passenger mile; +11.2% YoY | Comparative operating statistics |
| RASM / TRASM (reported) | 13.88¢ RASM | Reported · Total operating revenue per available seat mile; +23.0% YoY | Comparative operating statistics |
| Total CASM | 15.32¢ CASM | Reported · Total operating expense per available seat mile; +12.1% YoY | Comparative operating statistics |
| CASM excluding fuel | 9.99¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation; +1.2% YoY | Comparative operating statistics |
| Departures | 87,481 | Reported · Departures; +11.6% YoY | Comparative operating statistics |
| Average operating fleet | 278.2 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,167 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $3.50 per gallon | Reported · Reported average fuel price per gallon; company definition; +20.8% YoY | Comparative operating statistics |
| Cash and cash equivalents | $1,333m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
| Other debt / leverage disclosure | $3,579m total debt | Reported · Company-reported total debt; retains company lease definition | Selected consolidated balance-sheet data |
| Equity | $3,373m | Reported · Stockholders equity | Selected consolidated balance-sheet data |
H1 2023 · 30 Jun 2023
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $4,937m | Reported · Total operating revenue; +18.1% YoY | Consolidated statements of operations |
| Operating result | −$7m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | −0.1% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$54m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$50m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $4,641m | Reported · Passenger revenue; +18.9% YoY | Consolidated statements of operations |
| Other operating revenue | $296m | Reported · Other operating revenue; not a separately defined ancillary-revenue total; +7.0% YoY | Consolidated statements of operations |
| Fuel expense | $1,365m | Reported · Aircraft fuel and related taxes; −7.9% YoY | Consolidated statements of operations |
| Passengers | 21.398m | Reported · Revenue passengers; reported in thousands; +15.2% YoY | Comparative operating statistics |
| Revenue passenger miles (RPM) | 28,173m RPM | Reported · Revenue passenger miles; not kilometres; +13.2% YoY | Comparative operating statistics |
| Seat capacity | 34,122m ASM | Reported · Available seat miles; not kilometres; +7.3% YoY | Comparative operating statistics |
| Load factor | 82.6% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 11.2 hours/day | Reported · Aircraft utilisation; company definition; +9.8% YoY | Comparative operating statistics |
| Average fare | $216.90 | Reported · Average fare; +3.2% YoY | Comparative operating statistics |
| Passenger yield per RPM | 16.47¢ | Reported · Passenger yield per revenue passenger mile; +5.0% YoY | Comparative operating statistics |
| RASM / TRASM (reported) | 14.47¢ RASM | Reported · Total operating revenue per available seat mile; +10.0% YoY | Comparative operating statistics |
| Total CASM | 14.49¢ CASM | Reported · Total operating expense per available seat mile; −1.2% YoY | Comparative operating statistics |
| CASM excluding fuel | 9.99¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation; +2.2% YoY | Comparative operating statistics |
| Departures | 176,517 | Reported · Departures; +9.1% YoY | Comparative operating statistics |
| Average operating fleet | 284 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,729 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $3.06 per gallon | Reported · Reported average fuel price per gallon; company definition; −15.1% YoY | Comparative operating statistics |
Q2 2023 · 30 Jun 2023
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $2,610m | Reported · Total operating revenue; +6.7% YoY | Consolidated statements of operations |
| Operating result | $235m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | 9.0% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | $138m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | $216m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $2,460m | Reported · Passenger revenue; +6.9% YoY | Consolidated statements of operations |
| Other operating revenue | $150m | Reported · Other operating revenue; not a separately defined ancillary-revenue total; +4.8% YoY | Consolidated statements of operations |
| Fuel expense | $599m | Reported · Aircraft fuel and related taxes; −34.2% YoY | Consolidated statements of operations |
| Passengers | 11.207m | Reported · Revenue passengers; reported in thousands; +7.8% YoY | Comparative operating statistics |
| Revenue passenger miles (RPM) | 14,798m RPM | Reported · Revenue passenger miles; not kilometres; +5.9% YoY | Comparative operating statistics |
| Seat capacity | 17,353m ASM | Reported · Available seat miles; not kilometres; +5.8% YoY | Comparative operating statistics |
| Load factor | 85.3% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 11.3 hours/day | Reported · Aircraft utilisation; company definition; +8.7% YoY | Comparative operating statistics |
| Average fare | $219.47 | Reported · Average fare; −0.9% YoY | Comparative operating statistics |
| Passenger yield per RPM | 16.62¢ | Reported · Passenger yield per revenue passenger mile; +0.8% YoY | Comparative operating statistics |
| RASM / TRASM (reported) | 15.04¢ RASM | Reported · Total operating revenue per available seat mile; +0.9% YoY | Comparative operating statistics |
| Total CASM | 13.68¢ CASM | Reported · Total operating expense per available seat mile; −12.2% YoY | Comparative operating statistics |
| CASM excluding fuel | 10.00¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation; +3.2% YoY | Comparative operating statistics |
| Departures | 89,036 | Reported · Departures; +6.7% YoY | Comparative operating statistics |
| Average operating fleet | 282 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,921 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.63 per gallon | Reported · Reported average fuel price per gallon; company definition; −37.9% YoY | Comparative operating statistics |
| Cash and cash equivalents | $1,462m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
| Other debt / leverage disclosure | $3,757m total debt | Reported · Company-reported total debt; retains company lease definition | Selected consolidated balance-sheet data |
| Equity | $3,554m | Reported · Stockholders equity | Selected consolidated balance-sheet data |
9M 2023 · 30 Sep 2023
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $7,290m | Reported · Total operating revenue; +8.1% YoY | Consolidated statements of operations |
| Operating result | −$163m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | −2.2% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$207m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$224m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $6,842m | Reported · Passenger revenue; +8.3% YoY | Consolidated statements of operations |
| Other operating revenue | $448m | Reported · Other operating revenue; not a separately defined ancillary-revenue total; +5.6% YoY | Consolidated statements of operations |
| Fuel expense | $2,043m | Reported · Aircraft fuel and related taxes; −11.4% YoY | Consolidated statements of operations |
| Passengers | 32.309m | Reported · Revenue passengers; reported in thousands; +11.1% YoY | Comparative operating statistics |
| Revenue passenger miles (RPM) | 42,950m RPM | Reported · Revenue passenger miles; not kilometres; +10.5% YoY | Comparative operating statistics |
| Seat capacity | 51,484m ASM | Reported · Available seat miles; not kilometres; +7.2% YoY | Comparative operating statistics |
| Load factor | 83.4% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 10.9 hours/day | Reported · Aircraft utilisation; company definition; +7.9% YoY | Comparative operating statistics |
| Average fare | $211.77 | Reported · Average fare; −2.6% YoY | Comparative operating statistics |
| Passenger yield per RPM | 15.93¢ | Reported · Passenger yield per revenue passenger mile; −2.0% YoY | Comparative operating statistics |
| RASM / TRASM (reported) | 14.16¢ RASM | Reported · Total operating revenue per available seat mile; +0.8% YoY | Comparative operating statistics |
| Total CASM | 14.48¢ CASM | Reported · Total operating expense per available seat mile; −1.9% YoY | Comparative operating statistics |
| CASM excluding fuel | 10.09¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation; +3.5% YoY | Comparative operating statistics |
| Departures | 262,488 | Reported · Departures; +6.4% YoY | Comparative operating statistics |
| Average operating fleet | 281 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,706 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $3.02 per gallon | Reported · Reported average fuel price per gallon; company definition; −18.0% YoY | Comparative operating statistics |
Q3 2023 · 30 Sep 2023
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $2,353m | Reported · Total operating revenue; −8.2% YoY | Consolidated statements of operations |
| Operating result | −$156m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | −6.6% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$153m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$174m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $2,201m | Reported · Passenger revenue; −8.9% YoY | Consolidated statements of operations |
| Other operating revenue | $152m | Reported · Other operating revenue; not a separately defined ancillary-revenue total; +3.1% YoY | Consolidated statements of operations |
| Fuel expense | $678m | Reported · Aircraft fuel and related taxes; −17.8% YoY | Consolidated statements of operations |
| Passengers | 10.911m | Reported · Revenue passengers; reported in thousands; +3.9% YoY | Comparative operating statistics |
| Revenue passenger miles (RPM) | 14,777m RPM | Reported · Revenue passenger miles; not kilometres; +5.8% YoY | Comparative operating statistics |
| Seat capacity | 17,362m ASM | Reported · Available seat miles; not kilometres; +7.1% YoY | Comparative operating statistics |
| Load factor | 85.1% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 10.7 hours/day | Reported · Aircraft utilisation; company definition; +5.9% YoY | Comparative operating statistics |
| Average fare | $201.73 | Reported · Average fare; −12.3% YoY | Comparative operating statistics |
| Passenger yield per RPM | 14.89¢ | Reported · Passenger yield per revenue passenger mile; −13.9% YoY | Comparative operating statistics |
| RASM / TRASM (reported) | 13.55¢ RASM | Reported · Total operating revenue per available seat mile; −14.2% YoY | Comparative operating statistics |
| Total CASM | 14.45¢ CASM | Reported · Total operating expense per available seat mile; −3.3% YoY | Comparative operating statistics |
| CASM excluding fuel | 10.27¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation; +5.9% YoY | Comparative operating statistics |
| Departures | 85,971 | Reported · Departures; +1.4% YoY | Comparative operating statistics |
| Average operating fleet | 283 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,661 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.94 per gallon | Reported · Reported average fuel price per gallon; company definition; −23.3% YoY | Comparative operating statistics |
| Cash and cash equivalents | $973m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
| Other debt / leverage disclosure | $4,001m total debt | Reported · Company-reported total debt; retains company lease definition | Selected consolidated balance-sheet data |
| Equity | $3,420m | Reported · Stockholders equity | Selected consolidated balance-sheet data |
FY2023 · 31 Dec 2023
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Profit before tax | −$334m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $9,008m | Reported · Passenger revenue; +4.9% YoY | Consolidated statements of operations |
| Other operating revenue | $607m | Reported · Other operating revenue; not a separately defined ancillary-revenue total; +6.2% YoY | Consolidated statements of operations |
| Fuel expense | $2,720m | Reported · Aircraft fuel and related taxes; −12.4% YoY | Consolidated statements of operations |
| Revenue passenger miles (RPM) | 56,578m RPM | Reported · Revenue passenger miles; not kilometres; +7.7% YoY | Comparative operating statistics |
| Aircraft utilisation | 10.9 hours/day | Reported · Aircraft utilisation; company definition; +7.9% YoY | Comparative operating statistics |
| Average fare | $211.79 | Reported · Average fare; −2.4% YoY | Comparative operating statistics |
| Passenger yield per RPM | 15.92¢ | Reported · Passenger yield per revenue passenger mile; −2.6% YoY | Comparative operating statistics |
| Total CASM | 14.37¢ CASM | Reported · Total operating expense per available seat mile; −2.0% YoY | Comparative operating statistics |
| Departures | 347,218 | Reported · Departures; +4.4% YoY | Comparative operating statistics |
| Average operating fleet | 282 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,632 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Cash and cash equivalents | $1,166m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
| Equity | $3,337m | Reported · Stockholders equity | Selected consolidated balance-sheet data |
Q4 2023 · 31 Dec 2023
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $2,325m | Reported · Total operating revenue; −3.7% YoY | Consolidated statements of operations |
| Operating result | −$67m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | −2.9% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$104m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$110m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $2,166m | Reported · Passenger revenue; −4.5% YoY | Consolidated statements of operations |
| Other operating revenue | $159m | Reported · Other operating revenue; not a separately defined ancillary-revenue total; +7.7% YoY | Consolidated statements of operations |
| Fuel expense | $677m | Reported · Aircraft fuel and related taxes; −15.2% YoY | Consolidated statements of operations |
| Passengers | 10.225m | Reported · Revenue passengers; reported in thousands; −2.5% YoY | Comparative operating statistics |
| Revenue passenger miles (RPM) | 13,628m RPM | Reported · Revenue passenger miles; not kilometres; −0.5% YoY | Comparative operating statistics |
| Seat capacity | 17,013m ASM | Reported · Available seat miles; not kilometres; +3.3% YoY | Comparative operating statistics |
| Load factor | 80.1% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 10.5 hours/day | Reported · Aircraft utilisation; company definition; +2.5% YoY | Comparative operating statistics |
| Average fare | $211.83 | Reported · Average fare; −2.0% YoY | Comparative operating statistics |
| Passenger yield per RPM | 15.89¢ | Reported · Passenger yield per revenue passenger mile; −4.0% YoY | Comparative operating statistics |
| RASM / TRASM (reported) | 13.67¢ RASM | Reported · Total operating revenue per available seat mile; −6.8% YoY | Comparative operating statistics |
| Total CASM | 14.06¢ CASM | Reported · Total operating expense per available seat mile; −2.4% YoY | Comparative operating statistics |
| CASM excluding fuel | 9.82¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation; +7.6% YoY | Comparative operating statistics |
| Departures | 84,730 | Reported · Departures; −1.5% YoY | Comparative operating statistics |
| Average operating fleet | 284 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,411 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $3.08 per gallon | Reported · Reported average fuel price per gallon; company definition; −16.8% YoY | Comparative operating statistics |
| Cash and cash equivalents | $1,166m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
| Other debt / leverage disclosure | $4,716m total debt | Reported · Company-reported total debt; retains company lease definition | Selected consolidated balance-sheet data |
| Equity | $3,337m | Reported · Stockholders equity | Selected consolidated balance-sheet data |
Q1 2024 · 31 Mar 2024
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $2,209m | Reported · Total operating revenue | Consolidated statements of operations |
| Operating result | −$719m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | −32.6% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$716m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$767m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $2,055m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $154m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $625m | Reported · Aircraft fuel expense; company definition | Consolidated statements of operations |
| Passengers | 9.584m | Reported · Revenue passengers; reported in thousands | Comparative operating statistics |
| Revenue passenger miles (RPM) | 13,002m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Seat capacity | 16,313m ASM | Reported · Available seat miles; not kilometres | Comparative operating statistics |
| Load factor | 79.7% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 10.2 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $214.39 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 15.80¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| RASM / TRASM (reported) | 13.54¢ RASM | Reported · Total operating revenue per available seat mile | Comparative operating statistics |
| Total CASM | 17.95¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| CASM excluding fuel | 10.57¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation | Comparative operating statistics |
| Departures | 79,700 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 285 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,222 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.97 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
| Capital expenditure | $466m | Reported · Capital expenditure and flight-equipment pre-delivery deposits; cash outflow amount | Selected consolidated cash-flows data |
H1 2024 · 30 Jun 2024
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $4,637m | Reported · Total operating revenue | Consolidated statements of operations |
| Operating result | −$663m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | −14.3% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$691m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$736m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $4,319m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $318m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $1,251m | Reported · Aircraft fuel expense; company definition | Consolidated statements of operations |
| Passengers | 19.96m | Reported · Revenue passengers; reported in thousands | Comparative operating statistics |
| Revenue passenger miles (RPM) | 27,194m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Seat capacity | 33,200m ASM | Reported · Available seat miles; not kilometres | Comparative operating statistics |
| Load factor | 81.9% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 10.3 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $216.41 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 15.88¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| RASM / TRASM (reported) | 13.97¢ RASM | Reported · Total operating revenue per available seat mile | Comparative operating statistics |
| Total CASM | 15.96¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| CASM excluding fuel | 10.40¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation | Comparative operating statistics |
| Departures | 161,124 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 285 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,160 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.92 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
| Capital expenditure | $917m | Reported · Capital expenditure and flight-equipment pre-delivery deposits; cash outflow amount | Selected consolidated cash-flows data |
Q2 2024 · 30 Jun 2024
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $2,428m | Reported · Total operating revenue | Consolidated statements of operations |
| Operating result | $57m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | 2.3% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | $25m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | $31m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $2,265m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $163m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $626m | Reported · Aircraft fuel expense; company definition | Consolidated statements of operations |
| Passengers | 10.375m | Reported · Revenue passengers; reported in thousands | Comparative operating statistics |
| Revenue passenger miles (RPM) | 14,192m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Seat capacity | 16,887m ASM | Reported · Available seat miles; not kilometres | Comparative operating statistics |
| Load factor | 84.0% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 10.4 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $218.27 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 15.96¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| RASM / TRASM (reported) | 14.38¢ RASM | Reported · Total operating revenue per available seat mile | Comparative operating statistics |
| Total CASM | 14.04¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| CASM excluding fuel | 10.24¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation | Comparative operating statistics |
| Departures | 81,424 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 285 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,097 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.87 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
9M 2024 · 30 Sep 2024
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $7,002m | Reported · Total operating revenue | Consolidated statements of operations |
| Operating result | −$700m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | −10.0% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$751m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$814m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $6,518m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $484m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $1,835m | Reported · Aircraft fuel expense; company definition | Consolidated statements of operations |
| Passengers | 30.556m | Reported · Revenue passengers; reported in thousands | Comparative operating statistics |
| Revenue passenger miles (RPM) | 41,685m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Seat capacity | 49,940m ASM | Reported · Available seat miles; not kilometres | Comparative operating statistics |
| Load factor | 83.5% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 10.2 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $213.31 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 15.64¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| RASM / TRASM (reported) | 14.02¢ RASM | Reported · Total operating revenue per available seat mile | Comparative operating statistics |
| Total CASM | 15.42¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| CASM excluding fuel | 10.48¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation | Comparative operating statistics |
| Departures | 241,161 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 286 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 20,036 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.83 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
| Capital expenditure | $1,202m | Reported · Capital expenditure and flight-equipment pre-delivery deposits; cash outflow amount | Selected consolidated cash-flows data |
Q3 2024 · 30 Sep 2024
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $2,365m | Reported · Total operating revenue | Consolidated statements of operations |
| Operating result | −$38m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | −1.6% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$60m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$78m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $2,198m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $167m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $584m | Reported · Aircraft fuel expense; company definition | Consolidated statements of operations |
| Passengers | 10.596m | Reported · Revenue passengers; reported in thousands | Comparative operating statistics |
| Revenue passenger miles (RPM) | 14,491m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Seat capacity | 16,740m ASM | Reported · Available seat miles; not kilometres | Comparative operating statistics |
| Load factor | 86.6% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 10.2 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $207.46 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 15.17¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| RASM / TRASM (reported) | 14.13¢ RASM | Reported · Total operating revenue per available seat mile | Comparative operating statistics |
| Total CASM | 14.35¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| CASM excluding fuel | 10.62¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation | Comparative operating statistics |
| Departures | 80,037 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 286 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 19,788 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.67 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
FY2024 · 31 Dec 2024
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Cash and cash equivalents | $1,921m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
| Profit before tax | −$897m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $8,617m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $662m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Revenue passenger miles (RPM) | 54,958m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Aircraft utilisation | 10.1 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $212.78 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 15.68¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| Total CASM | 15.08¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| Departures | 319,987 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 286 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 19,822 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.75 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
| Capital expenditure | $1,619m | Reported · Capital expenditure and flight-equipment pre-delivery deposits; cash outflow amount | Selected consolidated cash-flows data |
Q4 2024 · 31 Dec 2024
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Cash and cash equivalents | $1,921m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
| Other debt / leverage disclosure | $8,539m total debt | Reported · Company-reported total debt; retains company lease definition | Selected consolidated balance-sheet data |
| Equity | $2,641m | Reported · Stockholders equity | Selected consolidated balance-sheet data |
| Revenue | $2,277m | Reported · Total operating revenue | Consolidated statements of operations |
| Operating result | $17m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | 0.7% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$44m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$82m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $2,100m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $177m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $509m | Reported · Aircraft fuel expense; company definition | Consolidated statements of operations |
| Passengers | 9.942m | Reported · Revenue passengers; reported in thousands | Comparative operating statistics |
| Revenue passenger miles (RPM) | 13,273m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Seat capacity | 16,142m ASM | Reported · Available seat miles; not kilometres | Comparative operating statistics |
| Load factor | 82.2% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 9.8 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $211.18 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 15.82¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| RASM / TRASM (reported) | 14.11¢ RASM | Reported · Total operating revenue per available seat mile | Comparative operating statistics |
| Total CASM | 14.00¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| CASM excluding fuel | 10.76¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation | Comparative operating statistics |
| Departures | 78,826 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 288 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 19,179 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.47 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
Q1 2025 · 31 Mar 2025
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $2,140m | Reported · Total operating revenue | Consolidated statements of operations |
| Operating result | −$174m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | −8.2% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$208m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$271m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $1,969m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $171m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $511m | Reported · Aircraft fuel expense; company definition | Consolidated statements of operations |
| Passengers | 9.264m | Reported · Revenue passengers; reported in thousands | Comparative operating statistics |
| Revenue passenger miles (RPM) | 12,601m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Seat capacity | 15,608m ASM | Reported · Available seat miles; not kilometres | Comparative operating statistics |
| Load factor | 80.7% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 9.7 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $212.58 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 15.63¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| RASM / TRASM (reported) | 13.71¢ RASM | Reported · Total operating revenue per available seat mile | Comparative operating statistics |
| Total CASM | 14.83¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| CASM excluding fuel | 11.45¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation | Comparative operating statistics |
| Departures | 74,753 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 288 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 19,143 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.57 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
| Cash and cash equivalents | $2,297m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
| Other debt / leverage disclosure | $8,474m total debt | Reported · Company-reported total debt; retains company lease definition | Selected consolidated balance-sheet data |
| Equity | $2,445m | Reported · Stockholders equity | Selected consolidated balance-sheet data |
| Capital expenditure | $187m | Reported · Capital expenditure and flight-equipment pre-delivery deposits; cash outflow amount | Selected consolidated cash-flows data |
H1 2025 · 30 Jun 2025
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Operating margin | −3.7% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$282m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$365m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $4,149m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $347m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $1,015m | Reported · Aircraft fuel expense; company definition | Consolidated statements of operations |
| Revenue passenger miles (RPM) | 26,228m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Load factor | 81.3% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 10.0 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $215.66 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 15.82¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| RASM / TRASM (reported) | 13.95¢ RASM | Reported · Total operating revenue per available seat mile | Comparative operating statistics |
| Total CASM | 14.47¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| CASM excluding fuel | 11.15¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation | Comparative operating statistics |
| Departures | 153,562 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 287 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 19,050 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.48 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
| Capital expenditure | $496m | Reported · Capital expenditure and flight-equipment pre-delivery deposits; cash outflow amount | Selected consolidated cash-flows data |
Q2 2025 · 30 Jun 2025
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Profit before tax | −$94m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $2,179m | Reported · Passenger revenue | Consolidated statements of operations |
| Other operating revenue | $177m | Reported · Other operating revenue; not a separately defined ancillary-revenue total | Consolidated statements of operations |
| Fuel expense | $504m | Reported · Aircraft fuel expense; company definition | Consolidated statements of operations |
| Revenue passenger miles (RPM) | 13,627m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Aircraft utilisation | 10.2 hours/day | Reported · Aircraft utilisation; company definition | Comparative operating statistics |
| Average fare | $218.52 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 15.99¢ | Reported · Passenger yield per revenue passenger mile | Comparative operating statistics |
| Total CASM | 14.13¢ CASM | Reported · Total operating expense per available seat mile | Comparative operating statistics |
| Departures | 78,809 | Reported · Departures | Comparative operating statistics |
| Average operating fleet | 286 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 18,956 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.40 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
| Cash and cash equivalents | $2,135m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
| Other debt / leverage disclosure | $8,451m total debt | Reported · Company-reported total debt; retains company lease definition | Selected consolidated balance-sheet data |
| Equity | $2,408m | Reported · Stockholders equity | Selected consolidated balance-sheet data |
9M 2025 · 30 Sep 2025
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue passenger miles (RPM) | 40,600m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Departures | 232,578 | Reported · Departures | Comparative operating statistics |
| Average employees (FTE) | 19,208 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.48 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
Q3 2025 · 30 Sep 2025
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue passenger miles (RPM) | 14,372m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Departures | 79,016 | Reported · Departures | Comparative operating statistics |
| Average employees (FTE) | 19,525 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.49 per gallon | Reported · Reported average fuel price per gallon; company definition | Comparative operating statistics |
| Cash and cash equivalents | $2,410m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
| Other debt / leverage disclosure | $8,475m total debt | Reported · Company-reported total debt; retains company lease definition | Selected consolidated balance-sheet data |
| Equity | $2,270m | Reported · Stockholders equity | Selected consolidated balance-sheet data |
FY2025 · 31 Dec 2025
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Profit before tax | −$774m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $8,336m | Reported · Passenger revenue; −3.3% YoY | Consolidated statements of operations |
| Other operating revenue | $726m | Reported · Other operating revenue; not a separately defined ancillary-revenue total; +9.6% YoY | Consolidated statements of operations |
| Revenue passenger miles (RPM) | 53,535m RPM | Reported · Revenue passenger miles; not kilometres; −2.6% YoY | Comparative operating statistics |
| Aircraft utilisation | 9.9 hours/day | Reported · Aircraft utilisation; company definition; −2.0% YoY | Comparative operating statistics |
| Average fare | $211.93 | Reported · Average fare; −0.4% YoY | Comparative operating statistics |
| Passenger yield per RPM | 15.57¢ | Reported · Passenger yield per revenue passenger mile; −0.7% YoY | Comparative operating statistics |
| Total CASM | 14.51¢ CASM | Reported · Total operating expense per available seat mile; −3.8% YoY | Comparative operating statistics |
| Departures | 308,985 | Reported · Departures; −3.4% YoY | Comparative operating statistics |
| Average operating fleet | 287 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 19,259 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.49 per gallon | Reported · Reported average fuel price per gallon; company definition; −9.3% YoY | Comparative operating statistics |
| Cash and cash equivalents | $1,946m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
Q4 2025 · 31 Dec 2025
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Profit before tax | −$213m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $2,053m | Reported · Passenger revenue; −2.2% YoY | Consolidated statements of operations |
| Other operating revenue | $191m | Reported · Other operating revenue; not a separately defined ancillary-revenue total; +7.6% YoY | Consolidated statements of operations |
| Fuel expense | $503m | Reported · Aircraft fuel expense; company definition; −1.1% YoY | Consolidated statements of operations |
| Revenue passenger miles (RPM) | 12,935m RPM | Reported · Revenue passenger miles; not kilometres; −2.5% YoY | Comparative operating statistics |
| Aircraft utilisation | 9.7 hours/day | Reported · Aircraft utilisation; company definition; −1.0% YoY | Comparative operating statistics |
| Average fare | $211.23 | Reported · Average fare | Comparative operating statistics |
| Passenger yield per RPM | 15.87¢ | Reported · Passenger yield per revenue passenger mile; +0.3% YoY | Comparative operating statistics |
| Total CASM | 14.76¢ CASM | Reported · Total operating expense per available seat mile; +5.4% YoY | Comparative operating statistics |
| Departures | 76,407 | Reported · Departures; −3.1% YoY | Comparative operating statistics |
| Average operating fleet | 285 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 19,412 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $2.51 per gallon | Reported · Reported average fuel price per gallon; company definition; +1.6% YoY | Comparative operating statistics |
| Cash and cash equivalents | $1,946m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
| Other debt / leverage disclosure | $8,498m total debt | Reported · Company-reported total debt; retains company lease definition | Selected consolidated balance-sheet data |
| Equity | $2,120m | Reported · Stockholders equity | Selected consolidated balance-sheet data |
| Period-end fleet | 288 | Reported · 129 A320, 100 A321, 59 A220 at 31 Dec 2025 | Existing sourced year-end profile record |
Q1 2026 · 31 Mar 2026
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Profit before tax | −$336m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $2,048m | Reported · Passenger revenue; +4.0% YoY | Consolidated statements of operations |
| Other operating revenue | $192m | Reported · Other operating revenue; not a separately defined ancillary-revenue total; +12.5% YoY | Consolidated statements of operations |
| Fuel expense | $573m | Reported · Aircraft fuel expense; company definition; +12.1% YoY | Consolidated statements of operations |
| Revenue passenger miles (RPM) | 12,606m RPM | Reported · Revenue passenger miles; not kilometres | Comparative operating statistics |
| Aircraft utilisation | 9.4 hours/day | Reported · Aircraft utilisation; company definition; −2.7% YoY | Comparative operating statistics |
| Average fare | $219.49 | Reported · Average fare; +3.2% YoY | Comparative operating statistics |
| Passenger yield per RPM | 16.24¢ | Reported · Passenger yield per revenue passenger mile; +3.9% YoY | Comparative operating statistics |
| Total CASM | 16.06¢ CASM | Reported · Total operating expense per available seat mile; +8.3% YoY | Comparative operating statistics |
| Departures | 72,520 | Reported · Departures; −3.0% YoY | Comparative operating statistics |
| Average operating fleet | 289 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 19,447 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Cash and cash equivalents | $1,857m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
| Other debt / leverage disclosure | $8,435m total debt | Reported · Company-reported total debt; retains company lease definition | Selected consolidated balance-sheet data |
| Equity | $1,810m | Reported · Stockholders equity | Selected consolidated balance-sheet data |
| Capital expenditure | $141m | Reported · Capital expenditure and flight-equipment pre-delivery deposits; cash outflow amount | Selected consolidated cash-flows data |
H1 2026 · 30 Jun 2026
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue | $4,937m | Reported · Total operating revenue; +9.8% YoY | Consolidated statements of operations |
| Operating result | −$365m op. | Reported · GAAP operating result | Consolidated statements of operations |
| Operating margin | −7.4% | Reported · GAAP operating margin | Consolidated statements of operations |
| Net result | −$566m | Reported · GAAP net result | Consolidated statements of operations |
| Profit before tax | −$607m | Reported · GAAP result before income taxes | Consolidated statements of operations |
| Passenger revenue | $4,535m | Reported · Passenger revenue; +9.3% YoY | Consolidated statements of operations |
| Other operating revenue | $402m | Reported · Other operating revenue; not a separately defined ancillary-revenue total; +15.6% YoY | Consolidated statements of operations |
| Fuel expense | $1,484m | Reported · Aircraft fuel expense; company definition; +46.2% YoY | Consolidated statements of operations |
| Passengers | 19.809m | Reported · Revenue passengers; reported in thousands; +3.0% YoY | Comparative operating statistics |
| Revenue passenger miles (RPM) | 26,798m RPM | Reported · Revenue passenger miles; not kilometres; +2.2% YoY | Comparative operating statistics |
| Seat capacity | 32,511m ASM | Reported · Available seat miles; not kilometres; +0.8% YoY | Comparative operating statistics |
| Load factor | 82.4% | Reported · RPM divided by ASM | Comparative operating statistics |
| Aircraft utilisation | 9.8 hours/day | Reported · Aircraft utilisation; company definition; −2.0% YoY | Comparative operating statistics |
| Average fare | $228.95 | Reported · Average fare; +6.2% YoY | Comparative operating statistics |
| Passenger yield per RPM | 16.92¢ | Reported · Passenger yield per revenue passenger mile; +7.0% YoY | Comparative operating statistics |
| RASM / TRASM (reported) | 15.19¢ RASM | Reported · Total operating revenue per available seat mile; +8.9% YoY | Comparative operating statistics |
| Total CASM | 16.31¢ CASM | Reported · Total operating expense per available seat mile; +12.7% YoY | Comparative operating statistics |
| CASM excluding fuel | 11.63¢ CASM ex-fuel | Defined · Company-adjusted CASM excluding fuel, other non-airline expenses and special items; see reconciliation; +4.4% YoY | Comparative operating statistics |
| Departures | 154,167 | Reported · Departures; +0.4% YoY | Comparative operating statistics |
| Average operating fleet | 292 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 19,647 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $3.63 per gallon | Reported · Reported average fuel price per gallon; company definition; +46.2% YoY | Comparative operating statistics |
| Capital expenditure | $375m | Reported · Capital expenditure and flight-equipment pre-delivery deposits; cash outflow amount | Selected consolidated cash-flows data |
Q2 2026 · 30 Jun 2026
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Aircraft utilisation | 10.2 hours/day | Reported · Aircraft utilisation; company definition; −0.2% YoY | Comparative operating statistics |
| Average fare | $237.38 | Reported · Average fare; +8.6% YoY | Comparative operating statistics |
| Departures | 81,647 | Reported · Departures; +3.6% YoY | Comparative operating statistics |
| Average operating fleet | 294 | Reported · Average operating aircraft during the period; not a period-end count | Comparative operating statistics |
| Average employees (FTE) | 19,847 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $4.23 per gallon | Reported · Reported average fuel price per gallon; company definition; +76.3% YoY | Comparative operating statistics |
| Cash and cash equivalents | $1,656m | Reported · Balance-sheet cash and cash equivalents | Selected consolidated balance-sheet data |
9M 2026 · 30 Sep 2026
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue passenger miles (RPM) | 41,237m RPM | Reported · Revenue passenger miles; not kilometres; +1.6% YoY | Comparative operating statistics |
| Departures | 236,834 | Reported · Departures; +1.8% YoY | Comparative operating statistics |
| Average employees (FTE) | 19,725 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $3.73 per gallon | Reported · Reported average fuel price per gallon; company definition; +50.2% YoY | Comparative operating statistics |
Q3 2026 · 30 Sep 2026
| Metric | Value | Basis and scope | Source |
|---|---|---|---|
| Revenue passenger miles (RPM) | 14,439m RPM | Reported · Revenue passenger miles; not kilometres; +0.5% YoY | Comparative operating statistics |
| Departures | 82,669 | Reported · Departures; +4.6% YoY | Comparative operating statistics |
| Average employees (FTE) | 19,882 | Reported · Average full-time-equivalent employees during the period; not period end | Comparative operating statistics |
| Fuel price per gallon | $3.91 per gallon | Reported · Reported average fuel price per gallon; company definition; +57.4% YoY | Comparative operating statistics |