Hawaiian (HA) 10-Q 27 Jul 22 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2022	Jul. 22, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	1-31443
Entity Registrant Name	HAWAIIAN HOLDINGS INC
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	71-0879698
Entity Address, Address Line One	3375 Koapaka Street,
Entity Address, Address Line Two	Suite G-350
Entity Address, City or Town	Honolulu,
Entity Address, State or Province	HI
Entity Address, Postal Zip Code	96819
City Area Code	(808)
Local Phone Number	835-3700
Title of 12(b) Security	Common Stock ($0.01 par value)
Trading Symbol	HA
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		51,385,902
Entity Central Index Key	0001172222
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false
Current Fiscal Year End Date	--12-31

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Operating Revenue:
Total	$ 691,865		$ 410,781		$ 1,169,079	$ 592,998
Operating Expenses:
Wages and benefits	205,686		170,858		408,785	330,937
Aircraft fuel, including taxes and delivery	226,892		83,840		377,874	131,576
Maintenance, materials and repairs	55,967		37,083		111,617	71,335
Aircraft and passenger servicing	35,631		25,730		69,446	42,981
Depreciation and amortization	34,333		35,113		68,088	70,469
Aircraft rent	25,790		27,679		52,066	57,520
Commissions and other selling	28,615		17,270		49,262	28,679
Other rentals and landing fees	37,041		27,339		71,652	47,007
Purchased services	33,757		23,771		64,444	47,868
Special items	0		8,983		0	8,983
Government grant recognition	0		(95,119)		0	(242,389)
Other	34,242		29,759		69,739	52,721
Total	717,954		392,306		1,342,973	647,687
Operating Income (Loss)	(26,089)		18,475		(173,894)	(54,689)
Nonoperating Income (Expense):
Interest expense and amortization of debt discounts and issuance costs	(24,517)		(30,315)		(49,554)	(54,008)
Gains on fuel derivatives	0		0		0	217
Other components of net periodic benefit cost	1,274		981		2,560	1,962
Interest income	6,562		1,345		10,996	2,594
Capitalized interest	1,060		776		2,112	1,460
Loss on extinguishment of debt	(8,568)		0		(8,568)	(3,994)
Other, net	4,344		444		15,590	21,340
Total	(19,845)		(26,769)		(26,864)	(30,429)
Loss Before Income Taxes	(45,934)		(8,294)		(200,758)	(85,118)
Income tax benefit	(9,160)		(2,117)		(41,175)	(18,250)
Net Loss	$ (36,774)	$ (122,809)	$ (6,177)	$ (60,691)	$ (159,583)	$ (66,868)
Net Loss Per Share
Basic (in dollars per share)	$ (0.72)		$ (0.12)		$ (3.11)	$ (1.33)
Diluted (in dollars per share)	$ (0.72)		$ (0.12)		$ (3.11)	$ (1.33)
Weighted Average Number of Common Stock Shares Outstanding:
Basic (in shares)	51,356		51,156		51,322	50,319
Diluted (in shares)	51,356		51,156		51,322	50,319
Passenger
Operating Revenue:
Total	$ 617,463		$ 356,271		$ 1,021,492	$ 493,740
Other
Operating Revenue:
Total	$ 74,402		$ 54,510		$ 147,587	$ 99,258

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net Loss	$ (36,774)	$ (6,177)	$ (159,583)	$ (66,868)
Other comprehensive income (loss), net:
Net change related to employee benefit plans, net of tax expense of $240 and $267 for 2022 and 2021, respectively	392	811	1,022	1,928
Net change in available-for-sale investments, net of tax benefit of $3,889 and $130 for 2022 and 2021, respectively	(12,040)	(394)	(37,308)	(1,835)
Total other comprehensive income (loss)	(11,648)	417	(36,286)	93
Total Comprehensive Loss	$ (48,422)	$ (5,760)	$ (195,869)	$ (66,775)

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net change related to employee benefit plans, tax (expense) benefit	$ 240	$ 267	$ 448	$ 228
Net change in available-for-sale investments, tax benefit	$ 3,889	$ 130	$ 12,219	$ 598

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current Assets:
Cash and cash equivalents	$ 424,952	$ 490,561
Restricted cash	17,268	17,267
Short-term investments	1,117,417	1,241,752
Accounts receivable, net	89,256	92,888
Income taxes receivable	69,980	71,201
Spare parts and supplies, net	39,065	34,109
Prepaid expenses and other	75,091	66,127
Total	1,833,029	2,013,905
Property and equipment, less accumulated depreciation and amortization of $1,067,908 and $999,966 as of June 30, 2022 and December 31, 2021, respectively	1,905,715	1,957,623
Other Assets:
Assets held-for-sale	22,566	29,449
Operating lease right-of-use assets	497,214	536,154
Long-term prepayments and other	92,990	80,489
Intangible assets, net	13,500	13,500
Total Assets	4,365,014	4,631,120
Current Liabilities:
Accounts payable	148,583	114,400
Air traffic liability and current frequent flyer deferred revenue	783,732	631,157
Other accrued liabilities	166,839	165,050
Current maturities of long-term debt, less discount	46,857	97,096
Current maturities of finance lease obligations	27,137	24,149
Current maturities of operating leases	76,344	79,158
Total	1,249,492	1,111,010
Long-Term Debt	1,598,553	1,704,298
Other Liabilities and Deferred Credits:
Noncurrent finance lease obligations	85,679	100,995
Noncurrent operating leases	385,463	423,293
Accumulated pension and other post-retirement benefit obligations	154,302	160,817
Other liabilities and deferred credits	76,603	78,340
Noncurrent frequent flyer deferred revenue	304,798	296,484
Deferred tax liability, net	134,571	186,797
Total	1,141,416	1,246,726
Commitments and Contingencies
Shareholders’ Equity:
Special preferred stock, $0.01 par value per share, three shares issued and outstanding as of June 30, 2022 and December 31, 2021	0	0
Common stock, $0.01 par value per share, 51,385,436 and 51,233,369 shares outstanding as of June 30, 2022 and December 31, 2021, respectively	514	512
Capital in excess of par value	271,909	269,575
Accumulated income	221,254	380,837
Accumulated other comprehensive loss, net	(118,124)	(81,838)
Total	375,553	569,086
Total Liabilities and Shareholders’ Equity	$ 4,365,014	$ 4,631,120

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Property and equipment, accumulated depreciation and amortization	$ 1,067,908	$ 999,966
Special preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Special preferred stock, shares issued (in shares)	3	3
Special preferred stock, shares outstanding (in shares)	3	3
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares outstanding (in shares)	51,385,436	51,233,369

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock		Special Preferred Stock		Capital In Excess of Par Value	Accumulated Income	Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2020	$ 600,157	$ 481	[1]	$ 0	[2]	$ 188,593	$ 525,610	$ (114,527)
Increase (Decrease) in Stockholders' Equity
Net Loss	(60,691)						(60,691)
Other comprehensive income (loss), net	(324)							(324)
Issuance of shares of common stock, net of shares withheld for taxes	(1,566)	1	[1]			(1,567)
Issuance of 2,860,210 shares of common stock related to at-the-market offering	69,969	29	[1]			69,940
CARES Act warrant issuance, net of tax	2,251					2,251
Share-based compensation expense	2,206					2,206
Ending balance at Mar. 31, 2021	612,002	511	[1]	0	[2]	261,423	464,919	(114,851)
Beginning balance at Dec. 31, 2020	600,157	481	[1]	0	[2]	188,593	525,610	(114,527)
Increase (Decrease) in Stockholders' Equity
Net Loss	(66,868)
Other comprehensive income (loss), net	93
Ending balance at Jun. 30, 2021	610,474	512	[1]	0	[2]	265,654	458,742	(114,434)
Beginning balance at Mar. 31, 2021	612,002	511	[1]	0	[2]	261,423	464,919	(114,851)
Increase (Decrease) in Stockholders' Equity
Net Loss	(6,177)						(6,177)
Other comprehensive income (loss), net	417							417
Issuance of shares of common stock, net of shares withheld for taxes	(147)	1	[1]			(148)
CARES Act PSP warrant issuance, net of tax	2,168					2,168
Share-based compensation expense	2,211					2,211
Ending balance at Jun. 30, 2021	610,474	512	[1]	0	[2]	265,654	458,742	(114,434)
Beginning balance at Dec. 31, 2021	569,086	512	[3]	0	[4]	269,575	380,837	(81,838)
Increase (Decrease) in Stockholders' Equity
Net Loss	(122,809)						(122,809)
Other comprehensive income (loss), net	(24,638)							(24,638)
Issuance of shares of common stock, net of shares withheld for taxes	(1,489)	1	[3]			(1,490)
Share-based compensation expense	1,943					1,943
Ending balance at Mar. 31, 2022	422,093	513	[3]	0	[4]	270,028	258,028	(106,476)
Beginning balance at Dec. 31, 2021	569,086	512	[3]	0	[4]	269,575	380,837	(81,838)
Increase (Decrease) in Stockholders' Equity
Net Loss	(159,583)
Other comprehensive income (loss), net	(36,286)
Ending balance at Jun. 30, 2022	375,553	514	[3]	0	[4]	271,909	221,254	(118,124)
Beginning balance at Mar. 31, 2022	422,093	513	[3]	0	[4]	270,028	258,028	(106,476)
Increase (Decrease) in Stockholders' Equity
Net Loss	(36,774)						(36,774)
Other comprehensive income (loss), net	(11,648)							(11,648)
Issuance of shares of common stock, net of shares withheld for taxes	(99)	1	[3]			(100)
Share-based compensation expense	1,981					1,981
Ending balance at Jun. 30, 2022	$ 375,553	$ 514	[3]	$ 0	[4]	$ 271,909	$ 221,254	$ (118,124)
[1]Common Stock—$0.01 par value; 118,000,000 authorized as of June 30, 2021 and December 31, 2020.[2]Special Preferred Stock—$0.01 par value; 2,000,000 shares authorized as of June 30, 2021 and December 31, 2020.[3]Common Stock—$0.01 par value; 118,000,000 authorized as of June 30, 2022 and December 31, 2021.[4]Special Preferred Stock—$0.01 par value; 2,000,000 shares authorized as of June 30, 2022 and December 31, 2021.

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2021	Dec. 31, 2020
Statement of Stockholders' Equity [Abstract]
Issuance of common stock related to stock awards (in shares)	58,366	93,701	100,606	101,907
Number of shares sold (in shares)				2,860,210
Common stock, par value (in dollars per share)	$ 0.01		$ 0.01		$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	118,000,000		118,000,000		118,000,000	118,000,000
Special preferred stock, par value (in dollars per share)	$ 0.01		$ 0.01		$ 0.01	$ 0.01
Special preferred stock, shares authorized (in shares)	2,000,000		2,000,000		2,000,000	2,000,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Statement of Cash Flows [Abstract]
Net cash provided by Operating Activities	$ 31,665	$ 417,277
Cash flows from Investing Activities:
Additions to property and equipment, including pre-delivery payments	(16,521)	(17,886)
Proceeds from the disposition of aircraft and aircraft related equipment	9,662	117
Purchases of investments	(575,191)	(862,001)
Sales of investments	635,385	280,007
Net cash provided by (used in) investing activities	53,335	(599,763)
Cash flows from Financing Activities:
Proceeds from the issuance of common stock	0	68,132
Long-term borrowings	0	1,251,705
Repayments of long-term debt and finance lease obligations	(149,019)	(342,151)
Debt issuance costs and discounts	0	(24,664)
Payment for taxes withheld for stock compensation	(1,589)	(1,712)
Other	0	1,837
Net cash provided by (used in) financing activities	(150,608)	953,147
Net increase (decrease) in cash and cash equivalents	(65,608)	770,661
Cash, cash equivalents, and restricted cash - Beginning of Period	507,828	509,639
Cash, cash equivalents, and restricted cash - End of Period	$ 442,220	$ 1,280,300

General

General	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General	General Business and Basis of Presentation Hawaiian Holdings, Inc. (the Company) and its direct wholly owned subsidiary, Hawaiian Airlines, Inc. (Hawaiian), are incorporated in the State of Delaware. Unless the context otherwise requires, the terms the Company, we, us, and our in this Quarterly Report on Form 10-Q refer to Hawaiian Holdings, Inc. and its consolidated subsidiaries. The Company’s primary asset is its sole ownership of all issued and outstanding shares of common stock of Hawaiian. The accompanying unaudited financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles (GAAP) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X of the U.S. Securities and Exchange Commission (SEC). Accordingly, these interim financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, the accompanying financial statements contain all adjustments, including normal recurring adjustments, necessary for the fair presentation of the Company’s results of operations and financial position for the periods presented. Due to seasonal variations in the demand for air travel, among other factors common to the airline industry, the results of operations for the periods presented are not necessarily indicative of the results of operations for the entire year. Furthermore, the severe impacts of the global coronavirus (COVID-19) pandemic make any comparison to prior or future periods unreliable. The accompanying unaudited Consolidated Financial Statements should be read in conjunction with the financial statements and the notes of the Company included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021. Unless otherwise noted, all amounts disclosed are stated before consideration of income taxes.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2022
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Reclassifications out of accumulated other comprehensive income (loss) by component are as follows: Details about accumulated other comprehensive income (loss) components Three months ended June 30, Six months ended June 30, Affected line items in the statement where net income is presented 2022 2021 2022 2021 (in thousands) Amortization of defined benefit plan items Actuarial loss $ 523 $ 986 $ 1,055 $ 1,972 Nonoperating Income (Expense), Other, net Prior service cost 102 92 194 184 Nonoperating Income (Expense), Other, net Total before tax 625 1,078 1,249 2,156 Tax benefit (233) (267) (388) (228) Total, net of tax $ 392 $ 811 $ 861 $ 1,928 Short-term investments Realized gain on sales of investments $ (2,796) $ (555) $ (6,399) $ (718) Nonoperating Income (Expense), Other, net Realized loss on sales of investments 17,001 36 21,588 122 Nonoperating Income (Expense), Other, net Total before tax 14,205 (519) 15,189 (596) Income tax expense (benefit) (3,469) 129 (3,747) 148 Total, net of tax $ 10,736 $ (390) $ 11,442 $ (448) Total reclassifications for the period $ 11,128 $ 421 $ 12,303 $ 1,480 A roll-forward of the amounts included in accumulated other comprehensive income (loss), net of taxes, for the three and six months ended June 30, 2022 and 2021 is as follows: Three months ended June 30, 2022 Defined Benefit Short-Term Investments Total (in thousands) Beginning balance $ (74,395) $ (32,081) $ (106,476) Other comprehensive loss before reclassifications, net of tax — (22,776) (22,776) Amounts reclassified from accumulated other comprehensive income (loss), net of tax 392 10,736 11,128 Net current-period other comprehensive income (loss) 392 (12,040) (11,648) Ending balance $ (74,003) $ (44,121) $ (118,124) Three months ended June 30, 2021 Defined Benefit Plan Items Short-Term Investments Total (in thousands) Beginning balance $ (115,064) $ 213 $ (114,851) Other comprehensive loss before reclassifications, net of tax — (4) (4) Amounts reclassified from accumulated other comprehensive income (loss), net of tax 811 (390) 421 Net current-period other comprehensive income (loss) 811 (394) 417 Ending balance $ (114,253) $ (181) $ (114,434) Six months ended June 30, 2022 Defined Benefit Pension Items Short-Term Investments Total (in thousands) Beginning balance $ (75,025) $ (6,813) $ (81,838) Other comprehensive income (loss) before reclassifications, net of tax 161 (48,750) (48,589) Amounts reclassified from accumulated other comprehensive income (loss), net of tax 861 11,442 12,303 Net current-period other comprehensive income (loss) 1,022 (37,308) (36,286) Ending balance $ (74,003) $ (44,121) $ (118,124) Six months ended June 30, 2021 Defined Benefit Pension Items Short-Term Investments Total (in thousands) Beginning balance $ (116,181) $ 1,654 $ (114,527) Other comprehensive loss before reclassifications, net of tax — (1,387) (1,387) Amounts reclassified from accumulated other comprehensive income (loss), net of tax 1,928 (448) 1,480 Net current-period other comprehensive income (loss) 1,928 (1,835) 93 Ending balance $ (114,253) $ (181) $ (114,434)

Loss Per Share

Loss Per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Loss Per Share	Loss Per Share Basic loss per share, which excludes dilution, is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding for the period. The potentially dilutive shares that were excluded from the computation of diluted weighted average common stock shares outstanding because their effect would have been antidilutive was 391,510 and 778,640 for the three months ended June 30, 2022 and 2021, respectively, and 439,994 and 729,566 for the six months ended June 30, 2022 and 2021, respectively. The following table shows the computation of basic and diluted loss per share: Three Months Ended June 30, Six months ended June 30, 2022 2021 2022 2021 (in thousands, except for per share data) Numerator: Net Loss $ (36,774) $ (6,177) $ (159,583) $ (66,868) Denominator: Weighted average common stock shares outstanding - Basic 51,356 51,156 51,322 50,319 Weighted average common stock shares outstanding - Diluted 51,356 51,156 51,322 50,319 Net Loss Per Share Basic $ (0.72) $ (0.12) $ (3.11) $ (1.33) Diluted $ (0.72) $ (0.12) $ (3.11) $ (1.33) At-the-Market Offering Program On December 1, 2020, the Company entered into an Equity Distribution Agreement (the Equity Distribution Agreement) with Morgan Stanley & Co. LLC, BNP Paribas Securities Corp. and Goldman Sachs & Co. LLC (the Managers) relating to the issuance and sale from time to time by the Company through the Managers, of up to 5.0 million shares of the Company's common stock, par value $0.01 per share. Sales of the shares under the Equity Distribution Agreement were made in transactions that were deemed to be "at-the-market" offerings as defined in Rule 415 under the Securities Act of 1933, as amended. Under the terms of the Equity Distribution Agreement, the Company set the parameters for the sale of the shares, including the number of the shares to be issued, time period during which sales were requested to be made, limitation on the number of the shares that may be sold in any one trading day and any minimum price below which sales may not be made. During the six months ended June 30, 2021, the Company sold 2.9 million shares pursuant to the Equity Distribution Agreement at an average price of $24.47 per share, with net proceeds to the Company totaling approximately $68.1 million. As of March 5, 2021, the Company sold all 5.0 million shares authorized under the Equity Distribution Agreement, at an average price of $22.46 per share, with net proceeds to the Company of approximately $109.3 million. Stock Repurchase Program Pursuant to the Company's receipt of financial assistance under federal Payroll Support Programs (PSP) related to the COVID-19 pandemic, the Company is restricted from making any stock repurchases through September 30, 2022. Accordingly, the Company did not repurchase stock during the three and six months ended June 30, 2022 and 2021. Dividends Pursuant to the Company’s receipt of federal PSP financial assistance, the Company is restricted from making dividend payments through September 30, 2022. Accordingly, the Company did not make any dividend payments during the three and six months ended June 30, 2022 and 2021.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue RecognitionThe majority of the Company's passenger revenue is derived from passenger ticket sales. Other revenue is primarily derived from the Company's cargo operations and loyalty program. The Company's primary operations are that of its wholly owned subsidiary, Hawaiian. Principally all operations of Hawaiian either originate and/or end in the State of Hawai'i. The management of such operations is based on a system-wide approach due to the interdependence of Hawaiian's route structure in its various markets. As Hawaiian is engaged in only one significant line of business (i.e., air transportation), the Company has concluded that it has only one segment. The Company's operating revenues by geographic region (as defined by the U.S. Department of Transportation (DOT)) are summarized below: Three Months Ended June 30, Six months ended June 30, 2022 2021 2022 2021 Geographic Information (in thousands) Domestic $ 629,576 $ 391,224 $ 1,067,992 $ 556,926 Pacific 62,289 19,557 101,087 36,072 Total operating revenue $ 691,865 $ 410,781 $ 1,169,079 $ 592,998 Hawaiian attributes operating revenue by geographic region based on the destination of each flight segment. Hawaiian's tangible assets consist primarily of flight equipment, which is mobile across geographic markets, and therefore has not been allocated to specific geographic regions. Other operating revenue consists of cargo revenue, ground handling fees, commissions, and fees earned under certain joint marketing agreements with other companies. These amounts are recognized when the service is provided. Three Months Ended June 30, Six months ended June 30, 2022 2021 2022 2021 Passenger Revenue by Type (in thousands) Passenger revenue, excluding frequent flyer $ 571,644 $ 330,194 $ 943,826 $ 454,979 Frequent flyer revenue, transportation component 45,819 26,077 77,666 38,761 Passenger Revenue $ 617,463 $ 356,271 $ 1,021,492 $ 493,740 Other revenue (e.g., cargo and other miscellaneous) $ 45,795 $ 32,569 $ 91,611 $ 59,784 Frequent flyer revenue, marketing and brand component 28,607 21,941 55,976 39,474 Other Revenue $ 74,402 $ 54,510 $ 147,587 $ 99,258 As of June 30, 2022 and December 31, 2021, the Company's air traffic liability balance, as it relates to passenger tickets (excluding frequent flyer liability), was $601.5 million and $448.2 million, respectively, which generally represents revenue that is expected to be realized in future periods. During the three months ended June 30, 2022 and 2021, the amount of passenger ticket revenue recognized that was included in air traffic liability as of the beginning of the respective period was $336.4 million and $134.4 million, respectively. During the six months ended June 30, 2022 and 2021, the amount of passenger ticket revenue recognized that was included in air traffic liability as of the beginning of the respective period was $327.0 million and $47.5 million, respectively. Passenger revenue associated with tickets expected to expire (advanced ticket breakage) is estimated based on current and historical rebooking rates for tickets past their original flight date. Advanced ticket breakage associated with these tickets is recognized in proportion to the pattern of rights exercised by related passengers (e.g., scheduled departure dates). To calculate the portion to be recognized as revenue in the period, the Company utilizes historical information and applies the historical trend rate to the current air traffic liability balances for that specific period. Due to significant disruptions in our flight operations related to the COVID-19 pandemic in 2020 and the subsequent extension of the ticket expiration dates to December 31, 2022 for the impacted tickets, the amount of tickets past their flight date remains higher than historical levels. As these tickets approach the expiration date, we adjust our estimates for advanced ticket breakage and recognize the change in estimate prospectively. During the three months ended June 30, 2022 and 2021, the Company recognized approximately $38.2 million and $6.9 million in advanced ticket breakage. During the six months ended June 30, 2022 and 2021, the Company recognized approximately $56.0 million and $9.0 million in advanced ticket breakage. Given the ongoing impact of the COVID-19 pandemic, the Company continues to monitor customers' travel behavior and may adjust its estimates as additional information becomes available. Frequent Flyer Accounting The Company's frequent flyer liability is recorded in air traffic liability and Noncurrent frequent flyer deferred revenue on its unaudited Consolidated Balance Sheets. As of June 30, 2022, and December 31, 2021, the Company's frequent flyer liability balance was $479.2 million and $466.2 million, respectively. June 30, 2022 December 31, 2021 (in thousands) Air traffic liability (current portion of frequent flyer revenue) $ 174,444 $ 169,687 Noncurrent frequent flyer deferred revenue 304,798 296,484 Total frequent flyer liability $ 479,242 $ 466,171 The table below presents the Company's activity of the current and noncurrent frequent flyer deferred revenue: 2022 2021 (in thousands) Balance at January 1 $ 466,171 $ 420,125 Miles awarded 92,988 62,844 Travel miles redeemed (Passenger Revenue) (77,666) (38,761) Non-travel miles redeemed (Other Revenue) (2,251) (939) Balance at June 30 $ 479,242 $ 443,269 Frequent flyer program deferred revenue classified as a current liability represents the Company's current estimate of revenue expected to be recognized in the next 12 months based on projected redemptions, while the balance classified as a noncurrent liability represents the Company's current estimate of revenue expected to be recognized beyond 12 months. Due to the ongoing effects of the COVID-19 pandemic, including changes to the Company's ticket validity and exchange policies, and the uncertainty of the pacing to return to normalized service in various markets, primarily international, the Company continues to monitor customers' travel behavior and may adjust its estimates in the future as additional information becomes available. In April 2021, the Company announced the elimination of its HawaiianMiles expiration policy, effective immediately. The change in policy has not had a material impact thus far and the Company does not expect any future material impact. The Company will continue to evaluate the impact of this change as additional information becomes available.

Short-Term Investments

Short-Term Investments	6 Months Ended
	Jun. 30, 2022
Short-Term Investments [Abstract]
Short-Term Investments	Short-Term Investments Debt and equity securities that are not classified as cash equivalents are classified as available-for-sale investments and are stated at fair value. Realized gains and losses on sales of investments are reflected in the nonoperating income (expense), other, net line item on the Consolidated Statements of Operations . The following is a summary of the amortized cost, gross unrealized gains and losses, and fair value of the Company's short-term investments as of June 30, 2022 and December 31, 2021: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value June 30, 2022 (in thousands) Debt securities Corporate debt $ 473,397 $ 5 $ (23,679) $ 449,723 U.S. government and agency debt 325,816 120 (6,338) 319,598 Other fixed income securities 86,856 1,560 (4,805) 83,611 Asset-backed securities 27,261 — (1,307) 25,954 Collateralized loan obligations 43,489 — (3,024) 40,465 Bank notes 11,428 5 (164) 11,269 Equity securities 206,257 — (20,788) 185,469 Other investments measured at net asset value 1,500 — (172) 1,328 Total short-term investments $ 1,176,004 $ 1,690 (60,277) $ 1,117,417 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2021 (in thousands) Debt securities Corporate debt $ 450,954 $ 277 (4,652) $ 446,579 U.S. government and agency securities 374,113 87 (1,893) 372,307 Other fixed income securities 142,035 883 (638) 142,280 Asset-backed securities 19,372 7 (71) 19,308 Collateralized loan obligations 51,082 32 (116) 50,998 Bank notes 8,110 — (20) 8,090 Equity securities 202,068 1 (2,023) 200,046 Other investments measured at net asset value 2,193 — (49) 2,144 Total short-term investments $ 1,249,927 $ 1,287 $ (9,462) $ 1,241,752 The following tables present fair values and gross unrealized losses by security type and length of time that individual securities have been in a continuous unrealized loss position: Less than 12 Months 12 Months or Greater Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses June 30, 2022 (in thousands) Debt securities Corporate debt $ 348,469 $ (20,142) $ 98,244 (3,537) $ 446,713 $ (23,679) U.S. government and agency debt 193,320 (6,338) — — 193,320 (6,338) Other fixed income securities 33,849 (4,167) 12,516 (638) 46,365 (4,805) Asset-backed securities 22,939 (1,307) — — 22,939 (1,307) Collateralized loan obligations 40,465 (3,024) — — 40,465 (3,024) Bank notes 5,393 (164) — — 5,393 (164) Equity securities 185,468 (20,788) — — 185,468 (20,788) Other investments measured at net asset value 1,328 (172) — — 1,328 (172) Total short-term investments $ 831,231 $ (56,102) $ 110,760 $ (4,175) $ 941,991 $ (60,277) Less than 12 Months 12 Months or Greater Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2021 (in thousands) Debt securities Corporate debt $ 316,719 $ (4,239) $ 83,889 $ (413) $ 400,608 $ (4,652) U.S. government and agency debt 291,949 (1,716) 52,501 (177) 344,450 (1,893) Other fixed income securities 28,198 (638) — — 28,198 (638) Asset-backed securities 16,949 (67) 1,046 (4) 17,995 (71) Collateralized loan obligations 24,030 (116) — — 24,030 (116) Bank notes 3,990 (20) — — 3,990 (20) Equity securities 200,046 (2,023) — — 200,046 (2,023) Other investments measured at net asset value 2,144 (49) — — 2,144 (49) Total short-term investments $ 884,025 $ (8,868) $ 137,436 $ (594) $ 1,021,461 $ (9,462) As of June 30, 2022 and December 31, 2021, the Company's unrealized losses from debt and equity securities were generated from 591 positions out of 666 positions and 451 positions out of 558 positions, respectively. The Company reviews debt securities quarterly for credit losses and impairment. If the cost of an investment exceeds its fair value, the Company will evaluate, among other factors, general market conditions, credit quality of debt instrument issuers, and the extent to which the fair value is less than cost. This determination requires significant judgment. In making this judgment, the Company employs a systematic methodology that considers available quantitative and qualitative evidence in evaluating potential impairment of its investments. In addition, the Company considers specific adverse conditions related to the financial health of, and business outlook for, the investee. If the Company has plans to sell the security or it is more likely than not that the Company will be required to sell the security before recovery, then a decline in fair value below cost is recorded as an impairment charge in other income (expense), net and a new cost basis in the investment is established. If market, industry, and/or investee conditions deteriorate, the Company may incur future impairments. Equity investments without readily determinable fair values are written down to fair value if a qualitative assessment indicates that the investment is impaired and the fair value of the investment is less than carrying value. The Company performs a qualitative assessment on a periodic basis. The Company is required to estimate the fair value of the investment to determine the amount of the impairment loss. Once an investment is determined to be impaired, an impairment charge is recorded in other income (expense), net. Debt securities in a continuous unrealized loss position for twelve months or greater as of June 30, 2022 and December 31, 2021 were primarily attributable to changes in interest rates, relative to when the investment securities were purchased. The Company does not intend to sell any of these investments and it is not more likely than not that it will be required to sell any of these investments before recovery of the entire amortized cost basis, which may be at maturity. The Company has evaluated these debt securities and did not recognize any significant credit losses as of June 30, 2022 and December 31, 2021. Accordingly, the Company has determined that the unrealized losses on our debt securities as of March 31, 2022 were temporary in nature. Contractual maturities of short-term investments as of June 30, 2022 are shown below: Under 1 Year 1 to 5 Years Over 5 Years Total (in thousands) Debt Securities Corporate debt $ 17,567 $ 355,727 $ 76,429 $ 449,723 U.S. government and agency debt 39,246 272,967 7,385 319,598 Other fixed income securities 40,910 28,588 14,113 83,611 Asset-backed securities 960 17,213 7,781 25,954 Collateralized loan obligations — — 40,465 40,465 Bank notes — 7,341 3,928 11,269 Total debt securities $ 98,683 $ 681,836 $ 150,101 $ 930,620 The Company classifies investments as current assets as these securities are available for use in its current operation.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Accounting Standards Codification (ASC) Topic 820, Fair Value Measurement (ASC 820), defines fair value as an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, ASC 820 establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1 — Observable inputs such as quoted prices in active markets for identical assets or liabilities; Level 2 — Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term for the assets or liabilities; and Level 3 — Unobservable inputs for which there is little or no market data and that are significant to the fair value of the assets or liabilities. The tables below present the Company’s financial assets and liabilities measured at fair value on a recurring basis: Fair Value Measurements as of June 30, 2022 Total Level 1 Level 2 Level 3 (in thousands) Cash equivalents $ 241,495 $ 185,962 $ 55,533 $ — Restricted cash 17,268 17,268 — — Short-term investments Debt securities Corporate debt securities 449,723 — 444,525 5,198 U.S. government and agency securities 319,598 — 319,598 — Other fixed income securities 83,611 — 83,611 — Asset-backed securities 25,954 — 19,172 6,782 Collateralized loan obligations 40,465 — 38,215 2,250 Bank notes 11,269 — 1,464 9,805 Equity securities 185,469 185,469 — — Other investments measured at net asset value 1,328 — — — Total short-term investments 1,117,417 185,469 906,585 24,035 Assets held-for-sale 22,566 — — 22,566 Total assets measured at fair value $ 1,398,746 $ 388,699 $ 962,118 $ 46,601 Fair Value Measurements as of December 31, 2021 Total Level 1 Level 2 Level 3 (in thousands) Cash equivalents $ 339,522 $ 239,912 $ 99,610 $ — Restricted cash 17,267 17,267 — — Short-term investments Debt securities Corporate debt securities 446,579 — 446,579 — U.S. government and agency securities 372,307 — 372,307 — Other fixed income securities 142,280 — 142,280 — Asset-backed securities 19,308 — 15,305 4,003 Collateralized loan obligations 50,998 — 47,676 3,322 Bank notes 8,090 — 1,337 6,753 Equity securities 200,046 200,046 — — Other investments measured at net asset value 2,144 — — — Total short-term investments 1,241,752 200,046 1,025,484 14,078 Assets held-for-sale 29,449 — — 29,449 Total assets measured at fair value $ 1,627,990 $ 457,225 $ 1,125,094 $ 43,527 Cash equivalents and restricted cash. The Company's Level 1 cash equivalents consist of money market securities and mutual funds, which are valued based on quoted prices in an active market. The carrying amounts approximate fair value because of the short-term maturity of these assets. Level 2 cash equivalents consist primarily of debt securities with original maturity dates less than 90 days. The fair value of these instruments is based on a market approach using prices generated by market transactions involving similar assets. Restricted cash includes funds held in a controlled account to be used for debt service payments associated with the Company's loyalty and intellectual brand offering. As of June 30, 2022, approximately $17.3 million was held in the controlled account designated for debt servicing and was classified as restricted cash on the Company's Consolidated Balance Sheets. Short-term investments. The Company's Level 1 short-term investments consist of equity mutual funds, which are valued based on a market approach using prices generated by market transactions involving identical assets. Level 2 short-term investments consist of corporate debt securities, U.S. government and agency securities, other fixed income securities, asset-backed securities, collateralized loan obligations, and bank notes, which are valued based on a market approach using industry standard valuation techniques that incorporate inputs such as quoted prices for similar assets, interest rates, benchmark curves, credit ratings, and other observable inputs or market data. Certain asset-backed securities, collateralized loan obligations, and private bank notes that are not readily marketable are classified as Level 3 in the fair value hierarchy and valued using certain unobservable inputs including future cash flows and discount rates. The reconciliation of the Company's short-term investments measured at fair value on a recurring basis using unobservable inputs (Level 3) for the six months ended June 30, 2022 is as follows: Short-term Investment Activity for the six months ended June 30, 2022 Asset-backed securities Bank notes Collateralized loan obligations Corporate debt securities Total (in thousands) Beginning balance as of December 31, 2021 $ 4,003 $ 6,753 $ 3,322 $ — $ 14,078 Purchases 2,884 3,440 1,800 5,508 13,632 Redemptions and paydowns (31) (350) (2,852) — (3,233) Amortization and accretion, net 79 9 358 — 446 Realized and unrealized gains (losses), net (153) (47) (378) (310) (888) Ending balance as of June 30, 2022 $ 6,782 $ 9,805 $ 2,250 $ 5,198 $ 24,035 Other investments at net asset value ("NAV") . In accordance with relevant accounting standards, certain investments that are measured at fair value using the NAV per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in the table above are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the statement of financial position. The investments measured using NAV are investments in a partnership for which a secondary market does not exist. Investments in the partnership are carried at estimated net asset value as determined by and reported by the general partners of the partnerships and represent the proportionate share of the estimated fair value of the underlying assets of the limited partnerships. The Company can redeem its shares upon approval by the respective partnerships' managing member. Assets held for sale. The Company's assets held for sale consist of aircraft, engine, rotable and expendable aircraft parts, and commercial real estate. The assets are measured at the lower of the carrying amount or fair value less cost to sell and a loss is recognized for any initial adjustment of the assets' carrying amount to fair value less cost to sell. The fair value measurements for the Company's held-for-sale assets were based on Level 3 inputs, which include information obtained from third-party valuation sources and other market sources. Refer to Note 10 to the Notes to Consolidated Financial Statements for additional discussion. A roll-forward of the Assets held-for-sale activity for the six months ended June 30, 2022 is as follows: Assets Held-For-Sale Activity for the six months ended June 30, 2022 ATR Aircraft Commercial Real Estate Total Beginning balance as of December 31, 2021 $ 23,158 $ 6,291 $ 29,449 Additions — — — Proceeds from Sale (9,449) — (9,449) Realized gains 2,573 — 2,573 Realized losses (7) — (7) Ending balance as of June 30, 2022 $ 16,275 $ 6,291 $ 22,566 The table below presents the Company’s debt measured at fair value: Fair Value of Debt June 30, 2022 December 31, 2021 Carrying Fair Value Carrying Fair Value Amount Total Level 1 Level 2 Level 3 Amount Total Level 1 Level 2 Level 3 (in thousands) $ 1,678,149 $ 1,354,809 $ — $ — $ 1,354,809 $ 1,838,954 $ 1,808,530 $ — $ — $ 1,808,530 The fair value estimates of the Company’s debt were based on the discounted amount of future cash flows using the Company’s current incremental rate of borrowing based on quotes of similar debt for other similarly rated companies. The carrying amounts of cash, other receivables, and accounts payable approximate fair value due to the short-term nature of these financial instruments.

Debt

Debt	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Debt	Debt Long-term debt, net of unamortized discounts and issuance costs, is outlined as follows: June 30, 2022 December 31, 2021 (in thousands) Class A EETC-13, fixed interest rate of 3.9%, semiannual principal and interest payments, remaining balance due at maturity in January 2026 $ 195,138 $ 196,338 Class B EETC-13, fixed interest rate of 4.95%, semiannual principal and interest payments, remaining balance due at maturity in January 2022 — 45,090 Japanese Yen denominated financing, fixed interest rate of 1.05%, quarterly principal and interest payments, remaining balance due at maturity in May 2030 24,107 30,213 Japanese Yen denominated financing, fixed interest rate of 1.01%, semiannual principal and interest payments, remaining balance due at maturity in June 2030 20,908 26,271 Japanese Yen denominated financing, fixed interest rate of 0.65%, quarterly principal and interest payments, remaining balance due at maturity in March 2025 69,459 91,041 Japanese Yen denominated financing, fixed interest rate of 0.76%, semiannual principal and interest payments, remaining balance due at maturity in September 2031 56,554 70,269 Class A EETC-20, fixed interest rate of 7.375%, semiannual principal and interest payments, remaining balance due at maturity in September 2027 — 48,245 Class B EETC-20, fixed interest rate of 11.25%, semiannual principal and interest payments, remaining balance due at maturity in September 2025 — 19,504 CARES Act Payroll Support Program, fixed interest rate of 1.0% for the first through fifth years and variable interest of SOFR plus a margin of 2.0% for the sixth year through maturity, semiannual interest payments, principal balance due at maturity in April 2030 through September 2030 60,278 60,278 Payroll Support Program Extension, fixed interest rate of 1.0% for the first through fifth years and variable interest of SOFR plus a margin of 2.0% for the sixth year through maturity, semiannual interest payments, principal balance due at maturity in March 2031 through April 2031 27,797 27,797 Payroll Support Program 3, fixed interest rate of 1.0% for the first through fifth years and variable interest of SOFR plus a margin of 2.0% for the sixth year through maturity, semiannual interest payments, principal balance due at maturity in June 2031 23,908 23,908 Loyalty Program Financing, fixed interest of 5.75%, quarterly interest payments, principal balance due at maturity in January 2026 1,200,000 1,200,000 Unamortized debt discount and issuance costs (32,739) (37,560) Total Debt $ 1,645,410 $ 1,801,394 Less: Current maturities of long-term debt (46,857) (97,096) Long-Term Debt, less discount $ 1,598,553 $ 1,704,298 Revolving Credit Facility As of June 30, 2022, the Company has $235.0 million undrawn and available under its revolving credit facility, which matures in December 2022. The Company is currently exploring options to renew its revolving credit facility. Debt Extinguishment In February 2021, the Company repaid in full a $45.0 million loan made to the Company under the Economic Relief Program, and in connection with this repayment, terminated the associated Amended and Restated Loan Agreement. The debt extinguishment resulted in the recognition of a loss of $4.0 million during the six months ended June 30, 2021, which is reflected in nonoperating income (expense) in the Consolidated Statement of Operations. In October 2021, the Company repurchased approximately $160.9 million of its outstanding 7.375% Series 2020-1A Pass Through Certificates due 2027 and 11.250% Series 2020-1B Pass Through Certificates due 2025. In June 2022, the Company repurchased the remaining $62.4 million of outstanding Series 2020-1A and Series 2020-1B Equipment Notes. The repurchase resulted in the recognition of a loss on extinguishment of debt of $8.6 million during the three and six months ended June 30, 2022, which is reflected in the nonoperating income (expense), other, net line item on the unaudited Consolidated Statements of Operations . Schedule of Debt Maturities As of June 30, 2022, the expected maturities of debt, excluding debt issuance costs, for the remainder of 2022 and the next four years, and thereafter, were as follows (in thousands): Remaining months in 2022 $ 23,742 2023 48,107 2024 45,960 2025 59,057 2026 1,339,077 Thereafter 162,206 $ 1,678,149 Covenants The Company's debt agreements contain various affirmative, negative and financial covenants. The Company was in compliance with the covenants in these debt agreements as of June 30, 2022.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Jun. 30, 2022
Retirement Benefits [Abstract]
Employee Benefit Plans	Employee Benefit Plans The components of net periodic benefit cost for the Company’s defined benefit and other post-retirement plans included the following: Three months ended June 30, Six months ended June 30, Components of Net Period Benefit Cost 2022 2021 2022 2021 (in thousands) Service cost $ 2,392 $ 2,739 $ 4,784 $ 5,479 Other cost: Interest cost 4,572 4,216 9,133 8,433 Expected return on plan assets (6,471) (6,275) (12,942) (12,551) Recognized net actuarial loss 625 1,078 1,249 2,156 Total other components of the net periodic benefit cost (1,274) (981) (2,560) (1,962) Net periodic benefit cost $ 1,118 $ 1,758 $ 2,224 $ 3,517 Service costs are recorded within Wages and benefits on the unaudited Consolidated Statements of Operations. Total other components of the net periodic benefit cost are recorded within the nonoperating income (expense), other, net line item on the unaudited Consolidated Statements of Operations. During the three and six months ended June 30, 2022 and 2021, the Company was not required to, and did not make cash contributions to its defined benefit and other post-retirement plans. The Company is not required to make a cash contribution to its defined benefit plan for the remainder of 2022.

Commitments and Contingent Liab

Commitments and Contingent Liabilities	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	Commitments and Contingent Liabilities Commitments As of June 30, 2022, the Company had the following aircraft-related commitments consisting of firm aircraft and engine orders and purchase rights for additional aircraft and engines: Aircraft Type Firm Orders Purchase Rights Expected Delivery Dates A321neo aircraft — 9 N/A B787-9 aircraft 10 10 Between 2023 and 2026 General Electric GEnx spare engines: B787-9 spare engines 2 2 Between 2023 and 2025 In July 2018, the Company entered into a purchase agreement for the purchase of 10 Boeing 787-9 "Dreamliner" aircraft, including purchase rights for an additional 10 aircraft with scheduled delivery from 2021 to 2025. In October 2018, the Company entered into a definitive agreement for the selection of GEnx engines to power its Boeing 787-9 fleet. The agreement provides for the purchase of 20 GEnx engines, the right to purchase an additional 20 GEnx engines, and the purchase of up to four spare engines. In October 2020, the Company entered into an amendment related to its Boeing 787-9 purchase agreement referenced above, which, amongst other things, provides for a change in the Company's aircraft delivery schedule to between 2022 and 2026, with the first delivery scheduled in the third quarter of 2022. The committed expenditures under the amended agreement are reflected in the table below. In December 2021, the Company received notification from Boeing of further delivery delays of the first two aircraft from the scheduled delivery at the end of 2022. At this time a firm delivery date has not been determined. The remainder of the Boeing 787-9 aircraft delivery schedule has not changed and all such commitments are reflected in the table above. In order to complete the purchase of these aircraft and fund related costs, the Company may need to secure acceptable financing. Financing may be necessary to satisfy the Company's capital commitments for firm order aircraft and other related capital expenditures. The Company can provide no assurance that any financing not already in place for aircraft and spare engine deliveries will be available to us on acceptable terms when necessary or at all. Committed capital expenditures include aircraft and aircraft related equipment commitments, and other non-aircraft commitments the Company has entered into. The gross committed expenditures and committed payments as of June 30, 2022 are detailed below: Aircraft and aircraft related Other Total Committed (in thousands) Remaining in 2022 $ 76,622 $ 14,076 $ 90,698 2023 418,484 29,392 447,876 2024 486,889 27,210 514,099 2025 390,984 18,137 409,121 2026 218,351 13,639 231,990 Thereafter — 27,082 27,082 $ 1,591,330 $ 129,536 $ 1,720,866 Litigation and Contingencies The Company is subject to legal proceedings arising in the normal course of its operations. The Company does not anticipate that the disposition of any currently pending proceeding will have a material effect on the Company’s operations, business or financial condition. General Guarantees and Indemnifications In the normal course of business, the Company enters into numerous aircraft financing and real estate leasing arrangements that have various guarantees included in such contracts. It is common in such lease transactions for the lessee to agree to indemnify the lessor and other related third parties for tort liabilities that arise out of, or relate to, the lessee’s use of the leased aircraft or occupancy of the leased premises. In some cases, this indemnity extends to related liabilities arising from the negligence of the indemnified parties, but usually excludes any liabilities caused by such parties' gross negligence or willful misconduct. Additionally, the lessee typically indemnifies such parties for any environmental liability that arises out of or relates to the lessee's use of the real estate leased premises. The Company believes that it is insured (subject to deductibles) for most of the tort liabilities and related indemnities described above with respect to the aircraft and real estate that it leases. The Company cannot reasonably estimate the potential amount of future payments, if any, under the foregoing indemnities and agreements. Credit Card Holdback Under the Company’s bank-issued credit card processing agreements, proceeds from advance ticket sales may be held back to serve as collateral to cover any possible chargebacks or other disputed charges that may occur. As of June 30, 2022 and December 31, 2021, there were no holdbacks held with the Company's credit card processors. In the event of a material adverse change in the Company's business, the credit card processor could increase holdbacks to up to 100% of the amount of outstanding credit card tickets that are unflown (e.g., air traffic liability, excluding frequent flyer deferred revenue), which would result in a restriction of cash. If the Company were unable to obtain a waiver of, or otherwise mitigate the increase in the restriction of cash, it could have a material impact on the Company's operations, business or financial condition.

Assets Held-For-Sale

Assets Held-For-Sale	6 Months Ended
	Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
Assets Held-For-Sale	Assets Held-For-Sale During the second quarter of 2021, the Company reclassified approximately $29.5 million in long-lived assets as held-for-sale as follows: • The Company announced the termination of its 'Ohana by Hawaiian operations, which utilized its ATR-42 and ATR-72 fleet, and was operated under a capacity purchase agreement (the CPA) with a third-party carrier. Following the termination of the operations, the Company committed to a plan of sale and wrote-down the related assets by approximately $6.4 million to fair value, less cost to sell, and classified approximately $23.4 million as Assets held-for-sale on the Consolidated Balance Sheets. • The Company committed to a plan to sell certain commercial real-estate assets held by one of the Company's subsidiaries. The Company fair valued the assets, less the cost to sell, which did not result in a write-down to the asset group, and reclassified approximately $6.1 million as Assets held-for-sale on the Consolidated Balance Sheets. During the three months ended June 30, 2022, the Company sold three ATR-72 aircraft and recognized a $2.6 million gain on the transactions, which was recorded in Other operating expense in the consolidated statements of operations. As of June 30, 2022 and December 31, 2021, the Company had approximately $22.6 million and $29.4 million, respectively, in Assets held-for-sale on the Consolidated Balance Sheets. The Company expects to complete the sale of the remaining assets referenced above within the upcoming 12 months and will continue to monitor the asset groups for potential impairment.

Special Items

Special Items	6 Months Ended
	Jun. 30, 2022
Unusual or Infrequent Items, or Both [Abstract]
Special Items	Special ItemsDuring the second quarter of 2021, the Company announced the termination of its 'Ohana by Hawaiian operations. The Company wrote-down the asset group to fair value, less cost to sell by approximately $6.4 million. Additionally, the Company recorded a one-time charge of approximately $2.6 million for the early termination of its CPA.

Condensed Consolidating Financi

Condensed Consolidating Financial Information	6 Months Ended
	Jun. 30, 2022
Condensed Financial Information Disclosure [Abstract]
Condensed Consolidating Financial Information	Condensed Consolidating Financial InformationThe following condensed consolidating financial information is presented in accordance with Regulation S-X paragraph 210.3-10 because, in connection with the issuance by pass-through trusts formed by Hawaiian (which is also referred to in this Note 12 as Subsidiary Issuer / Guarantor) of pass-through certificates, the Company (which is also referred to in this Note 12 as Parent Issuer / Guarantor) is fully and unconditionally guaranteeing the payment obligations of Hawaiian, which is a 100% owned subsidiary of the Company, under equipment notes issued by Hawaiian to purchase new aircraft.The Company's condensed consolidating financial statements are presented in the following tables: Condensed Consolidating Statements of Operations and Comprehensive Loss Three months ended June 30, 2022 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) Operating Revenue $ — $ 690,907 $ 10,648 $ (9,690) $ 691,865 Operating Expenses: Wages and benefits — 205,686 — — 205,686 Aircraft fuel, including taxes and delivery — 226,892 — — 226,892 Maintenance, materials and repairs — 55,931 36 — 55,967 Aircraft and passenger servicing — 35,631 — — 35,631 Commissions and other selling 9 28,666 58 (118) 28,615 Aircraft rent — 25,790 — — 25,790 Other rentals and landing fees — 37,070 — (29) 37,041 Depreciation and amortization — 34,333 — — 34,333 Purchased services 134 33,303 386 (66) 33,757 Other 1,456 44,198 (1,935) (9,477) 34,242 Total 1,599 727,500 (1,455) (9,690) 717,954 Operating Income (Loss) (1,599) (36,593) 12,103 — (26,089) Nonoperating Income (Expense): Undistributed net loss of subsidiaries (35,203) (8,801) — 44,004 — Interest expense and amortization of debt discounts and issuance costs — (6,797) (18,468) 748 (24,517) Interest income 28 6,505 777 (748) 6,562 Capitalized interest — 1,060 — — 1,060 Loss on extinguishment of debt — (8,568) — — (8,568) Other components of net periodic pension cost — 1,274 — — 1,274 Other, net — 4,344 — — 4,344 Total (35,175) (10,983) (17,691) 44,004 (19,845) Loss Before Income Taxes (36,774) (47,576) (5,588) 44,004 (45,934) Income tax benefit — (9,160) — — (9,160) Net Income $ (36,774) $ (38,416) $ (5,588) $ 44,004 $ (36,774) Comprehensive Loss $ (48,422) $ (50,064) $ (5,588) $ 55,652 $ (48,422) Condensed Consolidating Statements of Operations and Comprehensive Loss Three months ended June 30, 2021 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) Operating Revenue $ — $ 410,071 $ 11,418 $ (10,708) $ 410,781 Operating Expenses: Wages and benefits — 170,858 — — 170,858 Aircraft fuel, including taxes and delivery — 83,840 — — 83,840 Maintenance, materials and repairs — 36,793 290 — 37,083 Aircraft and passenger servicing — 25,730 — — 25,730 Commissions and other selling — 17,279 34 (43) 17,270 Aircraft rent — 27,679 — — 27,679 Depreciation and amortization — 34,463 650 — 35,113 Other rentals and landing fees — 27,373 — (34) 27,339 Purchased services 77 24,964 546 (1,816) 23,771 Special items — 4,648 4,335 — 8,983 Government grant recognition — (95,119) — — (95,119) Other 1,426 36,312 836 (8,815) 29,759 Total 1,503 394,820 6,691 (10,708) 392,306 Operating Income (Loss) (1,503) 15,251 4,727 — 18,475 Nonoperating Income (Expense): Undistributed net loss of subsidiaries (4,683) (9,670) — 14,353 — Interest expense and amortization of debt discounts and issuance costs — (12,423) (18,640) 748 (30,315) Interest income 9 1,331 753 (748) 1,345 Capitalized interest — 776 — — 776 Other components of net periodic pension cost — 981 — — 981 Other, net — 444 — — 444 Total (4,674) (18,561) (17,887) 14,353 (26,769) Loss Before Income Taxes (6,177) (3,310) (13,160) 14,353 (8,294) Income tax expense (benefit) — (2,117) — — (2,117) Net Loss $ (6,177) $ (1,193) $ (13,160) $ 14,353 $ (6,177) Comprehensive Loss $ (5,760) $ (776) $ (13,160) $ 13,936 $ (5,760) Condensed Consolidating Balance Sheets June 30, 2022 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) ASSETS Current assets: Cash and cash equivalents $ 43,138 $ 352,132 $ 29,682 $ — $ 424,952 Restricted cash — — 17,268 — 17,268 Short-term investments — 1,117,417 — — 1,117,417 Accounts receivable, net — 87,609 16,360 (14,713) 89,256 Income taxes receivable — 69,980 — — 69,980 Spare parts and supplies, net — 39,065 — — 39,065 Prepaid expenses and other — 74,943 148 — 75,091 Total 43,138 1,741,146 63,458 (14,713) 1,833,029 Property and equipment at cost — 2,973,623 — — 2,973,623 Less accumulated depreciation and amortization — (1,067,908) — — (1,067,908) Property and equipment, net — 1,905,715 — — 1,905,715 Assets held-for-sale — 944 21,622 — 22,566 Operating lease right-of-use assets — 497,214 — — 497,214 Long-term prepayments and other 50 92,485 1,200,455 (1,200,000) 92,990 Goodwill and other intangible assets, net — — 13,500 — 13,500 Intercompany receivable — 598,822 — (598,822) — Investment in consolidated subsidiaries 819,033 (44,563) 503 (774,973) — TOTAL ASSETS $ 862,221 $ 4,791,763 $ 1,299,538 $ (2,588,508) $ 4,365,014 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ 887 $ 157,048 $ 1,161 $ (10,513) $ 148,583 Air traffic liability and current frequent flyer deferred revenue — 774,452 9,280 — 783,732 Other accrued liabilities — 157,287 13,752 (4,200) 166,839 Current maturities of long-term debt, less discount — 46,857 — — 46,857 Current maturities of finance lease obligations — 27,137 — — 27,137 Current maturities of operating leases — 76,344 — — 76,344 Total 887 1,239,125 24,193 (14,713) 1,249,492 Long-term debt — 1,616,464 1,182,089 (1,200,000) 1,598,553 Intercompany payable 485,781 — 113,041 (598,822) — Other liabilities and deferred credits: Noncurrent finance lease obligations — 85,679 — — 85,679 Noncurrent operating leases — 385,463 — — 385,463 Accumulated pension and other post-retirement benefit obligations — 154,302 — — 154,302 Other liabilities and deferred credits — 76,449 154 — 76,603 Noncurrent frequent flyer deferred revenue — 304,798 — — 304,798 Deferred tax liabilities, net — 134,571 — — 134,571 Total — 1,141,262 154 — 1,141,416 Shareholders’ equity 375,553 794,912 (19,939) (774,973) 375,553 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 862,221 $ 4,791,763 $ 1,299,538 $ (2,588,508) $ 4,365,014 Condensed Consolidating Balance Sheets December 31, 2021 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) ASSETS Current assets: Cash and cash equivalents $ 20,803 $ 434,615 $ 35,143 $ — $ 490,561 Restricted cash — — 17,267 — 17,267 Short-term investments — 1,241,752 — — 1,241,752 Accounts receivable, net — 85,109 21,348 (13,569) 92,888 Income taxes receivable, net — 71,201 — — 71,201 Spare parts and supplies, net — 34,109 — — 34,109 Prepaid expenses and other 21 66,084 22 — 66,127 Total 20,824 1,932,870 73,780 (13,569) 2,013,905 Property and equipment at cost — 2,957,589 — — 2,957,589 Less accumulated depreciation and amortization — (999,966) — — (999,966) Property and equipment, net — 1,957,623 — — 1,957,623 Assets held-for-sale — 926 28,523 — 29,449 Operating lease right-of-use assets — 536,154 — — 536,154 Long-term prepayments and other 50 79,953 1,200,486 (1,200,000) 80,489 Goodwill and other intangible assets, net — — 13,500 — 13,500 Intercompany receivable — 571,096 — (571,096) — Investment in consolidated subsidiaries 1,007,650 (26,344) 503 (981,809) — TOTAL ASSETS $ 1,028,524 $ 5,052,278 $ 1,316,792 $ (2,766,474) $ 4,631,120 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ 422 $ 122,437 $ 2,398 $ (10,857) $ 114,400 Air traffic liability and current frequent flyer deferred revenue — 617,685 13,472 — 631,157 Other accrued liabilities — 153,423 14,339 (2,712) 165,050 Current maturities of long-term debt, less discount — 97,096 — — 97,096 Current maturities of finance lease obligations — 24,149 — — 24,149 Current maturities of operating leases — 79,158 — — 79,158 Total 422 1,093,948 30,209 (13,569) 1,111,010 Long-term debt — 1,724,631 1,179,667 (1,200,000) 1,704,298 Intercompany payable 459,016 — 112,080 (571,096) — Other liabilities and deferred credits: Noncurrent finance lease obligations — 100,995 — — 100,995 Noncurrent operating leases — 423,293 — — 423,293 Accumulated pension and other post-retirement benefit obligations — 160,817 — — 160,817 Other liabilities and deferred credits — 78,188 152 — 78,340 Noncurrent frequent flyer deferred revenue — 296,484 — — 296,484 Deferred tax liabilities, net — 186,797 — — 186,797 Total — 1,246,574 152 — 1,246,726 Shareholders’ equity 569,086 987,125 (5,316) (981,809) 569,086 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,028,524 $ 5,052,278 $ 1,316,792 $ (2,766,474) $ 4,631,120 Condensed Consolidating Statements of Cash Flows Six months ended June 30, 2022 Parent Issuer / Subsidiary Non- Eliminations Consolidated (in thousands) Net Cash Provided By (Used In) Operating Activities $ (2,842) $ 50,266 $ (15,759) $ — $ 31,665 Cash Flows From Investing Activities: Net payments to affiliates — (25,902) 725 25,177 — Additions to property and equipment, including pre-delivery deposits — (16,521) — — (16,521) Proceeds from the disposition of aircraft and aircraft related equipment — 88 9,574 — 9,662 Purchases of investments — (575,191) — — (575,191) Sales of investments — 635,385 — — 635,385 Net cash provided by (used in) investing activities — 17,859 10,299 25,177 53,335 Cash Flows From Financing Activities: Repayments of long-term debt and finance lease obligations — (149,019) — — (149,019) Net payments from affiliates 25,177 — — (25,177) — Payment for taxes withheld for stock compensation — (1,589) — — (1,589) Net cash provided by (used in) financing activities 25,177 (150,608) — (25,177) (150,608) Net increase in cash and cash equivalents 22,335 (82,483) (5,460) — (65,608) Cash, cash equivalents, & restricted cash - Beginning of Period 20,803 434,615 52,410 — 507,828 Cash, cash equivalents, & restricted cash - End of Period $ 43,138 $ 352,132 $ 46,950 $ — $ 442,220 Condensed Consolidating Statements of Cash Flows Six months ended June 30, 2021 Parent Issuer / Subsidiary Non- Eliminations Consolidated (in thousands) Net Cash Provided By (Used In) Operating Activities $ (4,885) $ 409,566 $ 12,596 $ — $ 417,277 Cash Flows From Investing Activities: Net payments to affiliates 2,725 1,161,138 (1,085,354) (78,509) — Additions to property and equipment, including pre-delivery deposits — (17,602) (284) — (17,886) Proceeds from the disposition of aircraft and aircraft related equipment — 117 — — 117 Purchases of investments — (862,001) — — (862,001) Sales of investments — 280,007 — — 280,007 Net cash provided by (used in) investing activities 2,725 561,659 (1,085,638) (78,509) (599,763) Cash Flows From Financing Activities: Proceeds from the issuance of common stock 68,132 — — — 68,132 Long-term borrowings — 51,705 1,200,000 — 1,251,705 Repayments of long-term debt and finance lease obligations — (342,151) — — (342,151) Debt issuance costs — — (24,664) — (24,664) Net payments from affiliates (75,784) — (2,725) 78,509 — Payment for taxes withheld for stock compensation — (1,712) — — (1,712) Other 1,837 — — — 1,837 Net cash provided by (used in) financing activities (5,815) (292,158) 1,172,611 78,509 953,147 Net increase (decrease) in cash and cash equivalents (7,975) 679,067 99,569 — 770,661 Cash, cash equivalents, & restricted cash - Beginning of Period 24,088 476,409 9,142 — 509,639 Cash, cash equivalents, & restricted cash - End of Period $ 16,113 $ 1,155,476 $ 108,711 $ — $ 1,280,300

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2022
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Information related to amounts reclassified from AOCI	Reclassifications out of accumulated other comprehensive income (loss) by component are as follows: Details about accumulated other comprehensive income (loss) components Three months ended June 30, Six months ended June 30, Affected line items in the statement where net income is presented 2022 2021 2022 2021 (in thousands) Amortization of defined benefit plan items Actuarial loss $ 523 $ 986 $ 1,055 $ 1,972 Nonoperating Income (Expense), Other, net Prior service cost 102 92 194 184 Nonoperating Income (Expense), Other, net Total before tax 625 1,078 1,249 2,156 Tax benefit (233) (267) (388) (228) Total, net of tax $ 392 $ 811 $ 861 $ 1,928 Short-term investments Realized gain on sales of investments $ (2,796) $ (555) $ (6,399) $ (718) Nonoperating Income (Expense), Other, net Realized loss on sales of investments 17,001 36 21,588 122 Nonoperating Income (Expense), Other, net Total before tax 14,205 (519) 15,189 (596) Income tax expense (benefit) (3,469) 129 (3,747) 148 Total, net of tax $ 10,736 $ (390) $ 11,442 $ (448) Total reclassifications for the period $ 11,128 $ 421 $ 12,303 $ 1,480
Schedule of amounts included in accumulated other comprehensive income (loss), net of taxes	A roll-forward of the amounts included in accumulated other comprehensive income (loss), net of taxes, for the three and six months ended June 30, 2022 and 2021 is as follows: Three months ended June 30, 2022 Defined Benefit Short-Term Investments Total (in thousands) Beginning balance $ (74,395) $ (32,081) $ (106,476) Other comprehensive loss before reclassifications, net of tax — (22,776) (22,776) Amounts reclassified from accumulated other comprehensive income (loss), net of tax 392 10,736 11,128 Net current-period other comprehensive income (loss) 392 (12,040) (11,648) Ending balance $ (74,003) $ (44,121) $ (118,124) Three months ended June 30, 2021 Defined Benefit Plan Items Short-Term Investments Total (in thousands) Beginning balance $ (115,064) $ 213 $ (114,851) Other comprehensive loss before reclassifications, net of tax — (4) (4) Amounts reclassified from accumulated other comprehensive income (loss), net of tax 811 (390) 421 Net current-period other comprehensive income (loss) 811 (394) 417 Ending balance $ (114,253) $ (181) $ (114,434) Six months ended June 30, 2022 Defined Benefit Pension Items Short-Term Investments Total (in thousands) Beginning balance $ (75,025) $ (6,813) $ (81,838) Other comprehensive income (loss) before reclassifications, net of tax 161 (48,750) (48,589) Amounts reclassified from accumulated other comprehensive income (loss), net of tax 861 11,442 12,303 Net current-period other comprehensive income (loss) 1,022 (37,308) (36,286) Ending balance $ (74,003) $ (44,121) $ (118,124) Six months ended June 30, 2021 Defined Benefit Pension Items Short-Term Investments Total (in thousands) Beginning balance $ (116,181) $ 1,654 $ (114,527) Other comprehensive loss before reclassifications, net of tax — (1,387) (1,387) Amounts reclassified from accumulated other comprehensive income (loss), net of tax 1,928 (448) 1,480 Net current-period other comprehensive income (loss) 1,928 (1,835) 93 Ending balance $ (114,253) $ (181) $ (114,434)

Loss Per Share (Tables)

Loss Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of earnings per share basic and diluted	The following table shows the computation of basic and diluted loss per share: Three Months Ended June 30, Six months ended June 30, 2022 2021 2022 2021 (in thousands, except for per share data) Numerator: Net Loss $ (36,774) $ (6,177) $ (159,583) $ (66,868) Denominator: Weighted average common stock shares outstanding - Basic 51,356 51,156 51,322 50,319 Weighted average common stock shares outstanding - Diluted 51,356 51,156 51,322 50,319 Net Loss Per Share Basic $ (0.72) $ (0.12) $ (3.11) $ (1.33) Diluted $ (0.72) $ (0.12) $ (3.11) $ (1.33)

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of revenue	The Company's operating revenues by geographic region (as defined by the U.S. Department of Transportation (DOT)) are summarized below: Three Months Ended June 30, Six months ended June 30, 2022 2021 2022 2021 Geographic Information (in thousands) Domestic $ 629,576 $ 391,224 $ 1,067,992 $ 556,926 Pacific 62,289 19,557 101,087 36,072 Total operating revenue $ 691,865 $ 410,781 $ 1,169,079 $ 592,998 Three Months Ended June 30, Six months ended June 30, 2022 2021 2022 2021 Passenger Revenue by Type (in thousands) Passenger revenue, excluding frequent flyer $ 571,644 $ 330,194 $ 943,826 $ 454,979 Frequent flyer revenue, transportation component 45,819 26,077 77,666 38,761 Passenger Revenue $ 617,463 $ 356,271 $ 1,021,492 $ 493,740 Other revenue (e.g., cargo and other miscellaneous) $ 45,795 $ 32,569 $ 91,611 $ 59,784 Frequent flyer revenue, marketing and brand component 28,607 21,941 55,976 39,474 Other Revenue $ 74,402 $ 54,510 $ 147,587 $ 99,258
Schedule of frequent flyer liability for future award redemptions	As of June 30, 2022, and December 31, 2021, the Company's frequent flyer liability balance was $479.2 million and $466.2 million, respectively. June 30, 2022 December 31, 2021 (in thousands) Air traffic liability (current portion of frequent flyer revenue) $ 174,444 $ 169,687 Noncurrent frequent flyer deferred revenue 304,798 296,484 Total frequent flyer liability $ 479,242 $ 466,171
Frequent flyer deferred revenue	The table below presents the Company's activity of the current and noncurrent frequent flyer deferred revenue: 2022 2021 (in thousands) Balance at January 1 $ 466,171 $ 420,125 Miles awarded 92,988 62,844 Travel miles redeemed (Passenger Revenue) (77,666) (38,761) Non-travel miles redeemed (Other Revenue) (2,251) (939) Balance at June 30 $ 479,242 $ 443,269

Short-Term Investments (Tables)

Short-Term Investments (Tables)	6 Months Ended
	Jun. 30, 2022
Short-Term Investments [Abstract]
Schedule of short-term investments	The following is a summary of the amortized cost, gross unrealized gains and losses, and fair value of the Company's short-term investments as of June 30, 2022 and December 31, 2021: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value June 30, 2022 (in thousands) Debt securities Corporate debt $ 473,397 $ 5 $ (23,679) $ 449,723 U.S. government and agency debt 325,816 120 (6,338) 319,598 Other fixed income securities 86,856 1,560 (4,805) 83,611 Asset-backed securities 27,261 — (1,307) 25,954 Collateralized loan obligations 43,489 — (3,024) 40,465 Bank notes 11,428 5 (164) 11,269 Equity securities 206,257 — (20,788) 185,469 Other investments measured at net asset value 1,500 — (172) 1,328 Total short-term investments $ 1,176,004 $ 1,690 (60,277) $ 1,117,417 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2021 (in thousands) Debt securities Corporate debt $ 450,954 $ 277 (4,652) $ 446,579 U.S. government and agency securities 374,113 87 (1,893) 372,307 Other fixed income securities 142,035 883 (638) 142,280 Asset-backed securities 19,372 7 (71) 19,308 Collateralized loan obligations 51,082 32 (116) 50,998 Bank notes 8,110 — (20) 8,090 Equity securities 202,068 1 (2,023) 200,046 Other investments measured at net asset value 2,193 — (49) 2,144 Total short-term investments $ 1,249,927 $ 1,287 $ (9,462) $ 1,241,752 The following tables present fair values and gross unrealized losses by security type and length of time that individual securities have been in a continuous unrealized loss position: Less than 12 Months 12 Months or Greater Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses June 30, 2022 (in thousands) Debt securities Corporate debt $ 348,469 $ (20,142) $ 98,244 (3,537) $ 446,713 $ (23,679) U.S. government and agency debt 193,320 (6,338) — — 193,320 (6,338) Other fixed income securities 33,849 (4,167) 12,516 (638) 46,365 (4,805) Asset-backed securities 22,939 (1,307) — — 22,939 (1,307) Collateralized loan obligations 40,465 (3,024) — — 40,465 (3,024) Bank notes 5,393 (164) — — 5,393 (164) Equity securities 185,468 (20,788) — — 185,468 (20,788) Other investments measured at net asset value 1,328 (172) — — 1,328 (172) Total short-term investments $ 831,231 $ (56,102) $ 110,760 $ (4,175) $ 941,991 $ (60,277) Less than 12 Months 12 Months or Greater Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2021 (in thousands) Debt securities Corporate debt $ 316,719 $ (4,239) $ 83,889 $ (413) $ 400,608 $ (4,652) U.S. government and agency debt 291,949 (1,716) 52,501 (177) 344,450 (1,893) Other fixed income securities 28,198 (638) — — 28,198 (638) Asset-backed securities 16,949 (67) 1,046 (4) 17,995 (71) Collateralized loan obligations 24,030 (116) — — 24,030 (116) Bank notes 3,990 (20) — — 3,990 (20) Equity securities 200,046 (2,023) — — 200,046 (2,023) Other investments measured at net asset value 2,144 (49) — — 2,144 (49) Total short-term investments $ 884,025 $ (8,868) $ 137,436 $ (594) $ 1,021,461 $ (9,462)
Schedule of contractual maturities of short-term investments	Contractual maturities of short-term investments as of June 30, 2022 are shown below: Under 1 Year 1 to 5 Years Over 5 Years Total (in thousands) Debt Securities Corporate debt $ 17,567 $ 355,727 $ 76,429 $ 449,723 U.S. government and agency debt 39,246 272,967 7,385 319,598 Other fixed income securities 40,910 28,588 14,113 83,611 Asset-backed securities 960 17,213 7,781 25,954 Collateralized loan obligations — — 40,465 40,465 Bank notes — 7,341 3,928 11,269 Total debt securities $ 98,683 $ 681,836 $ 150,101 $ 930,620

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Financial Assets and Liabilities Measured at Fair Value On a Recurring Basis	The tables below present the Company’s financial assets and liabilities measured at fair value on a recurring basis: Fair Value Measurements as of June 30, 2022 Total Level 1 Level 2 Level 3 (in thousands) Cash equivalents $ 241,495 $ 185,962 $ 55,533 $ — Restricted cash 17,268 17,268 — — Short-term investments Debt securities Corporate debt securities 449,723 — 444,525 5,198 U.S. government and agency securities 319,598 — 319,598 — Other fixed income securities 83,611 — 83,611 — Asset-backed securities 25,954 — 19,172 6,782 Collateralized loan obligations 40,465 — 38,215 2,250 Bank notes 11,269 — 1,464 9,805 Equity securities 185,469 185,469 — — Other investments measured at net asset value 1,328 — — — Total short-term investments 1,117,417 185,469 906,585 24,035 Assets held-for-sale 22,566 — — 22,566 Total assets measured at fair value $ 1,398,746 $ 388,699 $ 962,118 $ 46,601 Fair Value Measurements as of December 31, 2021 Total Level 1 Level 2 Level 3 (in thousands) Cash equivalents $ 339,522 $ 239,912 $ 99,610 $ — Restricted cash 17,267 17,267 — — Short-term investments Debt securities Corporate debt securities 446,579 — 446,579 — U.S. government and agency securities 372,307 — 372,307 — Other fixed income securities 142,280 — 142,280 — Asset-backed securities 19,308 — 15,305 4,003 Collateralized loan obligations 50,998 — 47,676 3,322 Bank notes 8,090 — 1,337 6,753 Equity securities 200,046 200,046 — — Other investments measured at net asset value 2,144 — — — Total short-term investments 1,241,752 200,046 1,025,484 14,078 Assets held-for-sale 29,449 — — 29,449 Total assets measured at fair value $ 1,627,990 $ 457,225 $ 1,125,094 $ 43,527
Schedule of Reconciliation Of Short Term Investments And Assets Held For Sale Measured at Fair Value On a Recurring Basis Unobservable Input	The reconciliation of the Company's short-term investments measured at fair value on a recurring basis using unobservable inputs (Level 3) for the six months ended June 30, 2022 is as follows: Short-term Investment Activity for the six months ended June 30, 2022 Asset-backed securities Bank notes Collateralized loan obligations Corporate debt securities Total (in thousands) Beginning balance as of December 31, 2021 $ 4,003 $ 6,753 $ 3,322 $ — $ 14,078 Purchases 2,884 3,440 1,800 5,508 13,632 Redemptions and paydowns (31) (350) (2,852) — (3,233) Amortization and accretion, net 79 9 358 — 446 Realized and unrealized gains (losses), net (153) (47) (378) (310) (888) Ending balance as of June 30, 2022 $ 6,782 $ 9,805 $ 2,250 $ 5,198 $ 24,035
Schedule of Assets Held For Sale Activity	A roll-forward of the Assets held-for-sale activity for the six months ended June 30, 2022 is as follows: Assets Held-For-Sale Activity for the six months ended June 30, 2022 ATR Aircraft Commercial Real Estate Total Beginning balance as of December 31, 2021 $ 23,158 $ 6,291 $ 29,449 Additions — — — Proceeds from Sale (9,449) — (9,449) Realized gains 2,573 — 2,573 Realized losses (7) — (7) Ending balance as of June 30, 2022 $ 16,275 $ 6,291 $ 22,566
Schedule of Debt (Excluding Obligations Under Capital Leases) Measured At Fair Value	The table below presents the Company’s debt measured at fair value: Fair Value of Debt June 30, 2022 December 31, 2021 Carrying Fair Value Carrying Fair Value Amount Total Level 1 Level 2 Level 3 Amount Total Level 1 Level 2 Level 3 (in thousands) $ 1,678,149 $ 1,354,809 $ — $ — $ 1,354,809 $ 1,838,954 $ 1,808,530 $ — $ — $ 1,808,530

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Schedule of long-term debt	Long-term debt, net of unamortized discounts and issuance costs, is outlined as follows: June 30, 2022 December 31, 2021 (in thousands) Class A EETC-13, fixed interest rate of 3.9%, semiannual principal and interest payments, remaining balance due at maturity in January 2026 $ 195,138 $ 196,338 Class B EETC-13, fixed interest rate of 4.95%, semiannual principal and interest payments, remaining balance due at maturity in January 2022 — 45,090 Japanese Yen denominated financing, fixed interest rate of 1.05%, quarterly principal and interest payments, remaining balance due at maturity in May 2030 24,107 30,213 Japanese Yen denominated financing, fixed interest rate of 1.01%, semiannual principal and interest payments, remaining balance due at maturity in June 2030 20,908 26,271 Japanese Yen denominated financing, fixed interest rate of 0.65%, quarterly principal and interest payments, remaining balance due at maturity in March 2025 69,459 91,041 Japanese Yen denominated financing, fixed interest rate of 0.76%, semiannual principal and interest payments, remaining balance due at maturity in September 2031 56,554 70,269 Class A EETC-20, fixed interest rate of 7.375%, semiannual principal and interest payments, remaining balance due at maturity in September 2027 — 48,245 Class B EETC-20, fixed interest rate of 11.25%, semiannual principal and interest payments, remaining balance due at maturity in September 2025 — 19,504 CARES Act Payroll Support Program, fixed interest rate of 1.0% for the first through fifth years and variable interest of SOFR plus a margin of 2.0% for the sixth year through maturity, semiannual interest payments, principal balance due at maturity in April 2030 through September 2030 60,278 60,278 Payroll Support Program Extension, fixed interest rate of 1.0% for the first through fifth years and variable interest of SOFR plus a margin of 2.0% for the sixth year through maturity, semiannual interest payments, principal balance due at maturity in March 2031 through April 2031 27,797 27,797 Payroll Support Program 3, fixed interest rate of 1.0% for the first through fifth years and variable interest of SOFR plus a margin of 2.0% for the sixth year through maturity, semiannual interest payments, principal balance due at maturity in June 2031 23,908 23,908 Loyalty Program Financing, fixed interest of 5.75%, quarterly interest payments, principal balance due at maturity in January 2026 1,200,000 1,200,000 Unamortized debt discount and issuance costs (32,739) (37,560) Total Debt $ 1,645,410 $ 1,801,394 Less: Current maturities of long-term debt (46,857) (97,096) Long-Term Debt, less discount $ 1,598,553 $ 1,704,298
Schedule of maturities of long-term debt	As of June 30, 2022, the expected maturities of debt, excluding debt issuance costs, for the remainder of 2022 and the next four years, and thereafter, were as follows (in thousands): Remaining months in 2022 $ 23,742 2023 48,107 2024 45,960 2025 59,057 2026 1,339,077 Thereafter 162,206 $ 1,678,149

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2022
Retirement Benefits [Abstract]
Schedule of net periodic benefit cost	The components of net periodic benefit cost for the Company’s defined benefit and other post-retirement plans included the following: Three months ended June 30, Six months ended June 30, Components of Net Period Benefit Cost 2022 2021 2022 2021 (in thousands) Service cost $ 2,392 $ 2,739 $ 4,784 $ 5,479 Other cost: Interest cost 4,572 4,216 9,133 8,433 Expected return on plan assets (6,471) (6,275) (12,942) (12,551) Recognized net actuarial loss 625 1,078 1,249 2,156 Total other components of the net periodic benefit cost (1,274) (981) (2,560) (1,962) Net periodic benefit cost $ 1,118 $ 1,758 $ 2,224 $ 3,517

Commitments and Contingent Li_2

Commitments and Contingent Liabilities (Tables)	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of firm aircraft and engine orders and purchase rights	As of June 30, 2022, the Company had the following aircraft-related commitments consisting of firm aircraft and engine orders and purchase rights for additional aircraft and engines: Aircraft Type Firm Orders Purchase Rights Expected Delivery Dates A321neo aircraft — 9 N/A B787-9 aircraft 10 10 Between 2023 and 2026 General Electric GEnx spare engines: B787-9 spare engines 2 2 Between 2023 and 2025
Schedule of gross committed expenditures and committed payments	The gross committed expenditures and committed payments as of June 30, 2022 are detailed below: Aircraft and aircraft related Other Total Committed (in thousands) Remaining in 2022 $ 76,622 $ 14,076 $ 90,698 2023 418,484 29,392 447,876 2024 486,889 27,210 514,099 2025 390,984 18,137 409,121 2026 218,351 13,639 231,990 Thereafter — 27,082 27,082 $ 1,591,330 $ 129,536 $ 1,720,866

Condensed Consolidating Finan_2

Condensed Consolidating Financial Information (Tables)	6 Months Ended
	Jun. 30, 2022
Condensed Financial Information Disclosure [Abstract]
Schedule of condensed consolidating statements of operations and comprehensive loss	Condensed Consolidating Statements of Operations and Comprehensive Loss Three months ended June 30, 2022 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) Operating Revenue $ — $ 690,907 $ 10,648 $ (9,690) $ 691,865 Operating Expenses: Wages and benefits — 205,686 — — 205,686 Aircraft fuel, including taxes and delivery — 226,892 — — 226,892 Maintenance, materials and repairs — 55,931 36 — 55,967 Aircraft and passenger servicing — 35,631 — — 35,631 Commissions and other selling 9 28,666 58 (118) 28,615 Aircraft rent — 25,790 — — 25,790 Other rentals and landing fees — 37,070 — (29) 37,041 Depreciation and amortization — 34,333 — — 34,333 Purchased services 134 33,303 386 (66) 33,757 Other 1,456 44,198 (1,935) (9,477) 34,242 Total 1,599 727,500 (1,455) (9,690) 717,954 Operating Income (Loss) (1,599) (36,593) 12,103 — (26,089) Nonoperating Income (Expense): Undistributed net loss of subsidiaries (35,203) (8,801) — 44,004 — Interest expense and amortization of debt discounts and issuance costs — (6,797) (18,468) 748 (24,517) Interest income 28 6,505 777 (748) 6,562 Capitalized interest — 1,060 — — 1,060 Loss on extinguishment of debt — (8,568) — — (8,568) Other components of net periodic pension cost — 1,274 — — 1,274 Other, net — 4,344 — — 4,344 Total (35,175) (10,983) (17,691) 44,004 (19,845) Loss Before Income Taxes (36,774) (47,576) (5,588) 44,004 (45,934) Income tax benefit — (9,160) — — (9,160) Net Income $ (36,774) $ (38,416) $ (5,588) $ 44,004 $ (36,774) Comprehensive Loss $ (48,422) $ (50,064) $ (5,588) $ 55,652 $ (48,422) Condensed Consolidating Statements of Operations and Comprehensive Loss Three months ended June 30, 2021 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) Operating Revenue $ — $ 410,071 $ 11,418 $ (10,708) $ 410,781 Operating Expenses: Wages and benefits — 170,858 — — 170,858 Aircraft fuel, including taxes and delivery — 83,840 — — 83,840 Maintenance, materials and repairs — 36,793 290 — 37,083 Aircraft and passenger servicing — 25,730 — — 25,730 Commissions and other selling — 17,279 34 (43) 17,270 Aircraft rent — 27,679 — — 27,679 Depreciation and amortization — 34,463 650 — 35,113 Other rentals and landing fees — 27,373 — (34) 27,339 Purchased services 77 24,964 546 (1,816) 23,771 Special items — 4,648 4,335 — 8,983 Government grant recognition — (95,119) — — (95,119) Other 1,426 36,312 836 (8,815) 29,759 Total 1,503 394,820 6,691 (10,708) 392,306 Operating Income (Loss) (1,503) 15,251 4,727 — 18,475 Nonoperating Income (Expense): Undistributed net loss of subsidiaries (4,683) (9,670) — 14,353 — Interest expense and amortization of debt discounts and issuance costs — (12,423) (18,640) 748 (30,315) Interest income 9 1,331 753 (748) 1,345 Capitalized interest — 776 — — 776 Other components of net periodic pension cost — 981 — — 981 Other, net — 444 — — 444 Total (4,674) (18,561) (17,887) 14,353 (26,769) Loss Before Income Taxes (6,177) (3,310) (13,160) 14,353 (8,294) Income tax expense (benefit) — (2,117) — — (2,117) Net Loss $ (6,177) $ (1,193) $ (13,160) $ 14,353 $ (6,177) Comprehensive Loss $ (5,760) $ (776) $ (13,160) $ 13,936 $ (5,760) Condensed Consolidating Statements of Operations and Comprehensive Loss Six months ended June 30, 2022 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) Operating Revenue $ — $ 1,167,498 $ 20,375 $ (18,794) $ 1,169,079 Operating Expenses: Aircraft fuel, including taxes and delivery — 377,874 — — 377,874 Wages and benefits — 408,785 — — 408,785 Aircraft rent — 52,066 — — 52,066 Maintenance materials and repairs — 111,421 196 — 111,617 Aircraft and passenger servicing — 69,446 — — 69,446 Commissions and other selling 9 49,290 288 (325) 49,262 Depreciation and amortization — 68,088 — — 68,088 Other rentals and landing fees — 71,710 — (58) 71,652 Purchased services 177 63,594 805 (132) 64,444 Other 3,674 86,037 (1,693) (18,279) 69,739 Total 3,860 1,358,311 (404) (18,794) 1,342,973 Operating Income (Loss) (3,860) (190,813) 20,779 — (173,894) Nonoperating Income (Expense): Undistributed net loss of subsidiaries (155,758) (18,221) — 173,979 — Interest expense and amortization of debt discounts and issuance costs — (14,121) (36,921) 1,488 (49,554) Other components of net periodic pension cost — 2,560 — — 2,560 Interest income 35 10,930 1,519 (1,488) 10,996 Capitalized interest — 2,112 — — 2,112 Loss on extinguishment of debt — (8,568) — — (8,568) Other, net — 15,590 — — 15,590 Total (155,723) (9,718) (35,402) 173,979 (26,864) Loss Before Income Taxes (159,583) (200,531) (14,623) 173,979 (200,758) Income tax expense (benefit) — (41,175) — — (41,175) Net Loss $ (159,583) $ (159,356) $ (14,623) $ 173,979 $ (159,583) Comprehensive Loss $ (195,869) $ (195,642) $ (14,623) $ 210,265 $ (195,869) Condensed Consolidating Statements of Operations and Comprehensive Loss Six months ended June 30, 2021 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) Operating Revenue $ — $ 591,609 $ 14,841 $ (13,452) $ 592,998 Operating Expenses: Aircraft fuel, including taxes and delivery — 131,576 — — 131,576 Wages and benefits — 330,937 — — 330,937 Aircraft rent — 57,520 — — 57,520 Maintenance materials and repairs — 71,030 305 — 71,335 Aircraft and passenger servicing — 42,981 — — 42,981 Commissions and other selling — 28,700 43 (64) 28,679 Depreciation and amortization — 68,922 1,547 — 70,469 Other rentals and landing fees — 47,070 — (63) 47,007 Special items — 4,648 4,335 — 8,983 Government grant recognition — (242,389) — — (242,389) Purchased services 1,965 49,534 859 (4,490) 47,868 Other 3,152 57,273 1,131 (8,835) 52,721 Total 5,117 647,802 8,220 (13,452) 647,687 Operating Income (Loss) (5,117) (56,193) 6,621 — (54,689) Nonoperating Income (Expense): Undistributed net loss of subsidiaries (61,770) (20,487) — 82,257 — Interest expense and amortization of debt discounts and issuance costs — (25,331) (29,878) 1,201 (54,008) Interest income 19 2,570 1,206 (1,201) 2,594 Capitalized interest — 1,460 — — 1,460 Gains on fuel derivatives — 217 — — 217 Loss on extinguishment of debt — (3,994) — — (3,994) Other components of net periodic pension cost — 1,962 — — 1,962 Other, net — 21,340 — — 21,340 Total (61,751) (22,263) (28,672) 82,257 (30,429) Loss Before Income Taxes (66,868) (78,456) (22,051) 82,257 (85,118) Income tax expense (benefit) — (18,250) — — (18,250) Net Loss $ (66,868) $ (60,206) $ (22,051) $ 82,257 $ (66,868) Comprehensive Loss $ (66,775) $ (60,113) $ (22,051) $ 82,164 $ (66,775)
Schedule of condensed consolidating balance sheets	Condensed Consolidating Balance Sheets June 30, 2022 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) ASSETS Current assets: Cash and cash equivalents $ 43,138 $ 352,132 $ 29,682 $ — $ 424,952 Restricted cash — — 17,268 — 17,268 Short-term investments — 1,117,417 — — 1,117,417 Accounts receivable, net — 87,609 16,360 (14,713) 89,256 Income taxes receivable — 69,980 — — 69,980 Spare parts and supplies, net — 39,065 — — 39,065 Prepaid expenses and other — 74,943 148 — 75,091 Total 43,138 1,741,146 63,458 (14,713) 1,833,029 Property and equipment at cost — 2,973,623 — — 2,973,623 Less accumulated depreciation and amortization — (1,067,908) — — (1,067,908) Property and equipment, net — 1,905,715 — — 1,905,715 Assets held-for-sale — 944 21,622 — 22,566 Operating lease right-of-use assets — 497,214 — — 497,214 Long-term prepayments and other 50 92,485 1,200,455 (1,200,000) 92,990 Goodwill and other intangible assets, net — — 13,500 — 13,500 Intercompany receivable — 598,822 — (598,822) — Investment in consolidated subsidiaries 819,033 (44,563) 503 (774,973) — TOTAL ASSETS $ 862,221 $ 4,791,763 $ 1,299,538 $ (2,588,508) $ 4,365,014 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ 887 $ 157,048 $ 1,161 $ (10,513) $ 148,583 Air traffic liability and current frequent flyer deferred revenue — 774,452 9,280 — 783,732 Other accrued liabilities — 157,287 13,752 (4,200) 166,839 Current maturities of long-term debt, less discount — 46,857 — — 46,857 Current maturities of finance lease obligations — 27,137 — — 27,137 Current maturities of operating leases — 76,344 — — 76,344 Total 887 1,239,125 24,193 (14,713) 1,249,492 Long-term debt — 1,616,464 1,182,089 (1,200,000) 1,598,553 Intercompany payable 485,781 — 113,041 (598,822) — Other liabilities and deferred credits: Noncurrent finance lease obligations — 85,679 — — 85,679 Noncurrent operating leases — 385,463 — — 385,463 Accumulated pension and other post-retirement benefit obligations — 154,302 — — 154,302 Other liabilities and deferred credits — 76,449 154 — 76,603 Noncurrent frequent flyer deferred revenue — 304,798 — — 304,798 Deferred tax liabilities, net — 134,571 — — 134,571 Total — 1,141,262 154 — 1,141,416 Shareholders’ equity 375,553 794,912 (19,939) (774,973) 375,553 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 862,221 $ 4,791,763 $ 1,299,538 $ (2,588,508) $ 4,365,014 Condensed Consolidating Balance Sheets December 31, 2021 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) ASSETS Current assets: Cash and cash equivalents $ 20,803 $ 434,615 $ 35,143 $ — $ 490,561 Restricted cash — — 17,267 — 17,267 Short-term investments — 1,241,752 — — 1,241,752 Accounts receivable, net — 85,109 21,348 (13,569) 92,888 Income taxes receivable, net — 71,201 — — 71,201 Spare parts and supplies, net — 34,109 — — 34,109 Prepaid expenses and other 21 66,084 22 — 66,127 Total 20,824 1,932,870 73,780 (13,569) 2,013,905 Property and equipment at cost — 2,957,589 — — 2,957,589 Less accumulated depreciation and amortization — (999,966) — — (999,966) Property and equipment, net — 1,957,623 — — 1,957,623 Assets held-for-sale — 926 28,523 — 29,449 Operating lease right-of-use assets — 536,154 — — 536,154 Long-term prepayments and other 50 79,953 1,200,486 (1,200,000) 80,489 Goodwill and other intangible assets, net — — 13,500 — 13,500 Intercompany receivable — 571,096 — (571,096) — Investment in consolidated subsidiaries 1,007,650 (26,344) 503 (981,809) — TOTAL ASSETS $ 1,028,524 $ 5,052,278 $ 1,316,792 $ (2,766,474) $ 4,631,120 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ 422 $ 122,437 $ 2,398 $ (10,857) $ 114,400 Air traffic liability and current frequent flyer deferred revenue — 617,685 13,472 — 631,157 Other accrued liabilities — 153,423 14,339 (2,712) 165,050 Current maturities of long-term debt, less discount — 97,096 — — 97,096 Current maturities of finance lease obligations — 24,149 — — 24,149 Current maturities of operating leases — 79,158 — — 79,158 Total 422 1,093,948 30,209 (13,569) 1,111,010 Long-term debt — 1,724,631 1,179,667 (1,200,000) 1,704,298 Intercompany payable 459,016 — 112,080 (571,096) — Other liabilities and deferred credits: Noncurrent finance lease obligations — 100,995 — — 100,995 Noncurrent operating leases — 423,293 — — 423,293 Accumulated pension and other post-retirement benefit obligations — 160,817 — — 160,817 Other liabilities and deferred credits — 78,188 152 — 78,340 Noncurrent frequent flyer deferred revenue — 296,484 — — 296,484 Deferred tax liabilities, net — 186,797 — — 186,797 Total — 1,246,574 152 — 1,246,726 Shareholders’ equity 569,086 987,125 (5,316) (981,809) 569,086 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,028,524 $ 5,052,278 $ 1,316,792 $ (2,766,474) $ 4,631,120
Schedule of condensed consolidating statements of cash flows	Condensed Consolidating Statements of Cash Flows Six months ended June 30, 2022 Parent Issuer / Subsidiary Non- Eliminations Consolidated (in thousands) Net Cash Provided By (Used In) Operating Activities $ (2,842) $ 50,266 $ (15,759) $ — $ 31,665 Cash Flows From Investing Activities: Net payments to affiliates — (25,902) 725 25,177 — Additions to property and equipment, including pre-delivery deposits — (16,521) — — (16,521) Proceeds from the disposition of aircraft and aircraft related equipment — 88 9,574 — 9,662 Purchases of investments — (575,191) — — (575,191) Sales of investments — 635,385 — — 635,385 Net cash provided by (used in) investing activities — 17,859 10,299 25,177 53,335 Cash Flows From Financing Activities: Repayments of long-term debt and finance lease obligations — (149,019) — — (149,019) Net payments from affiliates 25,177 — — (25,177) — Payment for taxes withheld for stock compensation — (1,589) — — (1,589) Net cash provided by (used in) financing activities 25,177 (150,608) — (25,177) (150,608) Net increase in cash and cash equivalents 22,335 (82,483) (5,460) — (65,608) Cash, cash equivalents, & restricted cash - Beginning of Period 20,803 434,615 52,410 — 507,828 Cash, cash equivalents, & restricted cash - End of Period $ 43,138 $ 352,132 $ 46,950 $ — $ 442,220 Condensed Consolidating Statements of Cash Flows Six months ended June 30, 2021 Parent Issuer / Subsidiary Non- Eliminations Consolidated (in thousands) Net Cash Provided By (Used In) Operating Activities $ (4,885) $ 409,566 $ 12,596 $ — $ 417,277 Cash Flows From Investing Activities: Net payments to affiliates 2,725 1,161,138 (1,085,354) (78,509) — Additions to property and equipment, including pre-delivery deposits — (17,602) (284) — (17,886) Proceeds from the disposition of aircraft and aircraft related equipment — 117 — — 117 Purchases of investments — (862,001) — — (862,001) Sales of investments — 280,007 — — 280,007 Net cash provided by (used in) investing activities 2,725 561,659 (1,085,638) (78,509) (599,763) Cash Flows From Financing Activities: Proceeds from the issuance of common stock 68,132 — — — 68,132 Long-term borrowings — 51,705 1,200,000 — 1,251,705 Repayments of long-term debt and finance lease obligations — (342,151) — — (342,151) Debt issuance costs — — (24,664) — (24,664) Net payments from affiliates (75,784) — (2,725) 78,509 — Payment for taxes withheld for stock compensation — (1,712) — — (1,712) Other 1,837 — — — 1,837 Net cash provided by (used in) financing activities (5,815) (292,158) 1,172,611 78,509 953,147 Net increase (decrease) in cash and cash equivalents (7,975) 679,067 99,569 — 770,661 Cash, cash equivalents, & restricted cash - Beginning of Period 24,088 476,409 9,142 — 509,639 Cash, cash equivalents, & restricted cash - End of Period $ 16,113 $ 1,155,476 $ 108,711 $ — $ 1,280,300

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Reclassifications (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Amounts reclassified from AOCI
Nonoperating Income (Expense), Other, net	$ (4,344)		$ (444)		$ (15,590)	$ (21,340)
Income tax expense (benefit)	(9,160)		(2,117)		(41,175)	(18,250)
Total, net of tax	36,774	$ 122,809	6,177	$ 60,691	159,583	66,868
Total reclassifications for the period	36,774		6,177		159,583	66,868
Amount reclassified from accumulated other comprehensive income (loss)
Amounts reclassified from AOCI
Total reclassifications for the period	11,128		421		12,303	1,480
Actuarial loss | Amount reclassified from accumulated other comprehensive income (loss)
Amounts reclassified from AOCI
Nonoperating Income (Expense), Other, net	523		986		1,055	1,972
Prior service cost | Amount reclassified from accumulated other comprehensive income (loss)
Amounts reclassified from AOCI
Nonoperating Income (Expense), Other, net	102		92		194	184
Amortization of defined benefit plan items | Amount reclassified from accumulated other comprehensive income (loss)
Amounts reclassified from AOCI
Total before tax	625		1,078		1,249	2,156
Income tax expense (benefit)	(233)		(267)		(388)	(228)
Total, net of tax	392		811		861	1,928
Short-term investments | Amount reclassified from accumulated other comprehensive income (loss)
Amounts reclassified from AOCI
Realized gain on sales of investments	(2,796)		(555)		(6,399)	(718)
Realized loss on sales of investments	17,001		36		21,588	122
Total before tax	14,205		(519)		15,189	(596)
Income tax expense (benefit)	(3,469)		129		(3,747)	148
Total, net of tax	$ 10,736		$ (390)		$ 11,442	$ (448)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) - Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Rollforward of Accumulated other comprehensive income (loss)
Beginning balance	$ 422,093	$ 569,086	$ 612,002	$ 600,157	$ 569,086	$ 600,157
Other comprehensive loss before reclassifications, net of tax	(22,776)		(4)		(48,589)	(1,387)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	11,128		421		12,303	1,480
Total other comprehensive income (loss)	(11,648)	(24,638)	417	(324)	(36,286)	93
Ending balance	375,553	422,093	610,474	612,002	375,553	610,474
Defined Benefit Plan Items
Rollforward of Accumulated other comprehensive income (loss)
Beginning balance	(74,395)	(75,025)	(115,064)	(116,181)	(75,025)	(116,181)
Other comprehensive loss before reclassifications, net of tax	0		0		161	0
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	392		811		861	1,928
Total other comprehensive income (loss)	392		811		1,022	1,928
Ending balance	(74,003)	(74,395)	(114,253)	(115,064)	(74,003)	(114,253)
Short-Term Investments
Rollforward of Accumulated other comprehensive income (loss)
Beginning balance	(32,081)	(6,813)	213	1,654	(6,813)	1,654
Other comprehensive loss before reclassifications, net of tax	(22,776)		(4)		(48,750)	(1,387)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	10,736		(390)		11,442	(448)
Total other comprehensive income (loss)	(12,040)		(394)		(37,308)	(1,835)
Ending balance	(44,121)	(32,081)	(181)	213	(44,121)	(181)
Total
Rollforward of Accumulated other comprehensive income (loss)
Beginning balance	(106,476)	(81,838)	(114,851)	(114,527)	(81,838)	(114,527)
Total other comprehensive income (loss)	(11,648)	(24,638)	417	(324)
Ending balance	$ (118,124)	$ (106,476)	$ (114,434)	$ (114,851)	$ (118,124)	$ (114,434)

Loss Per Share - Schedule of Po

Loss Per Share - Schedule of Potential Dilution (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share [Abstract]
Potentially dilutive shares excluded (in shares)	391,510	778,640	439,994	729,566
Numerator:
Net Loss	$ (36,774)	$ (6,177)	$ (159,583)	$ (66,868)
Denominator:
Weighted average common stock shares outstanding - basic (in shares)	51,356,000	51,156,000	51,322,000	50,319,000
Weighted average common stock shares outstanding - diluted (in shares)	51,356,000	51,156,000	51,322,000	50,319,000
Net Loss Per Share
Basic (in dollars per share)	$ (0.72)	$ (0.12)	$ (3.11)	$ (1.33)
Diluted (in dollars per share)	$ (0.72)	$ (0.12)	$ (3.11)	$ (1.33)

Loss Per Share - At-the-Market

Loss Per Share - At-the-Market Offering Program (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended
	Mar. 05, 2021	Mar. 31, 2021	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020	Dec. 01, 2020
Subsidiary, Sale of Stock [Line Items]
Common stock, par value (in dollars per share)			$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.01
Shares repurchased			0		0
ATM Offering
Subsidiary, Sale of Stock [Line Items]
Maximum shares to be issued and sold (in shares)							5,000,000
Shares sold (in shares)	5,000,000	2,900,000
Average price of shares sold (in dollars per share)		$ 24.47
Net proceeds from sale of stock		$ 68.1
ATM Offering Total
Subsidiary, Sale of Stock [Line Items]
Average price of shares sold (in dollars per share)	$ 22.46
Net proceeds from sale of stock	$ 109.3

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) business segment	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Disaggregation of Revenue [Line Items]
Number of lines of business | business			1
Number of reportable segments | segment			1
Revenue, performance obligation, timing			represents revenue that is expected to be realized in future periods.
Passenger revenue, excluding frequent flyer
Disaggregation of Revenue [Line Items]
Air traffic liability	$ 601.5		$ 601.5		$ 448.2
Air traffic revenue recognized	336.4	$ 134.4	327	$ 47.5
Passenger revenue, excluding frequent flyer | Advanced Ticket Breakage
Disaggregation of Revenue [Line Items]
Air traffic revenue recognized	$ 38.2	$ 6.9	$ 56	$ 9

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation Of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Disaggregation of Revenue [Line Items]
Operating revenue	$ 691,865	$ 410,781	$ 1,169,079	$ 592,998
Passenger revenue, excluding frequent flyer
Disaggregation of Revenue [Line Items]
Operating revenue	571,644	330,194	943,826	454,979
Frequent flyer revenue, transportation component
Disaggregation of Revenue [Line Items]
Operating revenue	45,819	26,077	77,666	38,761
Passenger Revenue
Disaggregation of Revenue [Line Items]
Operating revenue	617,463	356,271	1,021,492	493,740
Other revenue (e.g., cargo and other miscellaneous)
Disaggregation of Revenue [Line Items]
Operating revenue	45,795	32,569	91,611	59,784
Frequent flyer revenue, marketing and brand component
Disaggregation of Revenue [Line Items]
Operating revenue	28,607	21,941	55,976	39,474
Other Revenue
Disaggregation of Revenue [Line Items]
Operating revenue	74,402	54,510	147,587	99,258
Domestic
Disaggregation of Revenue [Line Items]
Operating revenue	629,576	391,224	1,067,992	556,926
Pacific
Disaggregation of Revenue [Line Items]
Operating revenue	$ 62,289	$ 19,557	$ 101,087	$ 36,072

Revenue Recognition - Frequent

Revenue Recognition - Frequent Flyer Liability (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Air traffic liability and current frequent flyer deferred revenue	$ 783,732	$ 631,157
Noncurrent frequent flyer deferred revenue	304,798	296,484
Frequent flyer revenue
Disaggregation of Revenue [Line Items]
Air traffic liability and current frequent flyer deferred revenue	174,444	169,687
Noncurrent frequent flyer deferred revenue	304,798	296,484
Total frequent flyer liability	$ 479,242	$ 466,171	$ 443,269	$ 420,125

Revenue Recognition - Rollforwa

Revenue Recognition - Rollforward of Frequent Flyer Deferred Revenue (Details) - Frequent flyer revenue - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Movement in Deferred Revenue [Roll Forward]
Total Frequent flyer liability - beginning balance	$ 466,171	$ 420,125
Miles awarded	92,988	62,844
Travel miles redeemed (Passenger Revenue)	(77,666)	(38,761)
Non-travel miles redeemed (Other Revenue)	(2,251)	(939)
Total Frequent flyer liability - ending balance	$ 479,242	$ 443,269

Short-Term Investments (Details

Short-Term Investments (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Marketable Securities [Line Items]
Amortized Cost	$ 1,176,004	$ 1,249,927
Gross Unrealized Gains	1,690	1,287
Gross Unrealized Losses	(60,277)	(9,462)
Fair Value	1,117,417	1,241,752
Fair value. less than 12 months	831,231	884,025
Unrealized losses, less than 12 months	(56,102)	(8,868)
Fair value, 12 months or greater	110,760	137,436
Unrealized losses, 12 months or greater	(4,175)	(594)
Fair Value	941,991	1,021,461
Unrealized Losses	(60,277)	(9,462)
Contractual Maturities
Total	1,117,417	1,241,752
Debt securities
Marketable Securities [Line Items]
Fair Value	930,620
Contractual Maturities
Under 1 Year	98,683
1 to 5 Years	681,836
Over 5 Years	150,101
Total	930,620
Corporate debt
Marketable Securities [Line Items]
Amortized Cost	473,397	450,954
Gross Unrealized Gains	5	277
Gross Unrealized Losses	(23,679)	(4,652)
Fair Value	449,723	446,579
Fair value. less than 12 months	348,469	316,719
Unrealized losses, less than 12 months	(20,142)	(4,239)
Fair value, 12 months or greater	98,244	83,889
Unrealized losses, 12 months or greater	(3,537)	(413)
Fair Value	446,713	400,608
Unrealized Losses	(23,679)	(4,652)
Contractual Maturities
Under 1 Year	17,567
1 to 5 Years	355,727
Over 5 Years	76,429
Total	449,723	446,579
U.S. government and agency debt
Marketable Securities [Line Items]
Amortized Cost	325,816	374,113
Gross Unrealized Gains	120	87
Gross Unrealized Losses	(6,338)	(1,893)
Fair Value	319,598	372,307
Fair value. less than 12 months	193,320	291,949
Unrealized losses, less than 12 months	(6,338)	(1,716)
Fair value, 12 months or greater	0	52,501
Unrealized losses, 12 months or greater	0	(177)
Fair Value	193,320	344,450
Unrealized Losses	(6,338)	(1,893)
Contractual Maturities
Under 1 Year	39,246
1 to 5 Years	272,967
Over 5 Years	7,385
Total	319,598	372,307
Other fixed income securities
Marketable Securities [Line Items]
Amortized Cost	86,856	142,035
Gross Unrealized Gains	1,560	883
Gross Unrealized Losses	(4,805)	(638)
Fair Value	83,611	142,280
Fair value. less than 12 months	33,849	28,198
Unrealized losses, less than 12 months	(4,167)	(638)
Fair value, 12 months or greater	12,516	0
Unrealized losses, 12 months or greater	(638)	0
Fair Value	46,365	28,198
Unrealized Losses	(4,805)	(638)
Contractual Maturities
Under 1 Year	40,910
1 to 5 Years	28,588
Over 5 Years	14,113
Total	83,611	142,280
Asset-backed securities
Marketable Securities [Line Items]
Amortized Cost	27,261	19,372
Gross Unrealized Gains	0	7
Gross Unrealized Losses	(1,307)	(71)
Fair Value	25,954	19,308
Fair value. less than 12 months	22,939	16,949
Unrealized losses, less than 12 months	(1,307)	(67)
Fair value, 12 months or greater	0	1,046
Unrealized losses, 12 months or greater	0	(4)
Fair Value	22,939	17,995
Unrealized Losses	(1,307)	(71)
Contractual Maturities
Under 1 Year	960
1 to 5 Years	17,213
Over 5 Years	7,781
Total	25,954	19,308
Collateralized loan obligations
Marketable Securities [Line Items]
Amortized Cost	43,489	51,082
Gross Unrealized Gains	0	32
Gross Unrealized Losses	(3,024)	(116)
Fair Value	40,465	50,998
Fair value. less than 12 months	40,465	24,030
Unrealized losses, less than 12 months	(3,024)	(116)
Fair value, 12 months or greater	0	0
Unrealized losses, 12 months or greater	0	0
Fair Value	40,465	24,030
Unrealized Losses	(3,024)	(116)
Contractual Maturities
Under 1 Year	0
1 to 5 Years	0
Over 5 Years	40,465
Total	40,465	50,998
Bank notes
Marketable Securities [Line Items]
Amortized Cost	11,428	8,110
Gross Unrealized Gains	5	0
Gross Unrealized Losses	(164)	(20)
Fair Value	11,269	8,090
Fair value. less than 12 months	5,393	3,990
Unrealized losses, less than 12 months	(164)	(20)
Fair value, 12 months or greater	0	0
Unrealized losses, 12 months or greater	0	0
Fair Value	5,393	3,990
Unrealized Losses	(164)	(20)
Contractual Maturities
Under 1 Year	0
1 to 5 Years	7,341
Over 5 Years	3,928
Total	11,269	8,090
Equity securities
Marketable Securities [Line Items]
Amortized Cost	206,257	202,068
Gross Unrealized Gains	0	1
Gross Unrealized Losses	(20,788)	(2,023)
Fair Value	185,469	200,046
Fair value. less than 12 months	185,468	200,046
Unrealized losses, less than 12 months	(20,788)	(2,023)
Fair value, 12 months or greater	0	0
Unrealized losses, 12 months or greater	0	0
Fair Value	185,468	200,046
Unrealized Losses	(20,788)	(2,023)
Contractual Maturities
Total	185,469	200,046
Other investments measured at net asset value
Marketable Securities [Line Items]
Amortized Cost	1,500	2,193
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(172)	(49)
Fair Value	1,328	2,144
Fair value. less than 12 months	1,328	2,144
Unrealized losses, less than 12 months	(172)	(49)
Fair value, 12 months or greater	0	0
Unrealized losses, 12 months or greater	0	0
Fair Value	1,328	2,144
Unrealized Losses	(172)	(49)
Contractual Maturities
Total	$ 1,328	$ 2,144

Short-Term Investments - Narrat

Short-Term Investments - Narrative (Details) - position	Jun. 30, 2022	Dec. 31, 2021
Short-Term Investments [Abstract]
Number of unrealized losses from debt and equity securities generated	591	451
Number of unrealized losses from debt and equity securities	666	558

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value Measurements
Restricted cash	$ 17,268	$ 17,267
Short-term investments	1,117,417	1,241,752
Recurring basis
Fair Value Measurements
Cash equivalents	241,495	339,522
Restricted cash	17,268	17,267
Short-term investments	1,117,417	1,241,752
Equity securities	185,469	200,046
Assets held-for-sale	22,566	29,449
Total assets measured at fair value	1,398,746	1,627,990
Recurring basis | Fair Value Measured at Net Asset Value Per Share
Fair Value Measurements
Other investments measured at net asset value	1,328	2,144
Recurring basis | Level 1
Fair Value Measurements
Cash equivalents	185,962	239,912
Restricted cash	17,268	17,267
Short-term investments	185,469	200,046
Equity securities	185,469	200,046
Assets held-for-sale	0	0
Total assets measured at fair value	388,699	457,225
Recurring basis | Level 2
Fair Value Measurements
Cash equivalents	55,533	99,610
Restricted cash	0	0
Short-term investments	906,585	1,025,484
Equity securities	0	0
Assets held-for-sale	0	0
Total assets measured at fair value	962,118	1,125,094
Recurring basis | Level 3
Fair Value Measurements
Cash equivalents	0	0
Restricted cash	0	0
Short-term investments	24,035	14,078
Equity securities	0	0
Assets held-for-sale	22,566	29,449
Total assets measured at fair value	46,601	43,527
Corporate debt securities | Recurring basis
Fair Value Measurements
Short-term investments	449,723	446,579
Corporate debt securities | Recurring basis | Level 1
Fair Value Measurements
Short-term investments	0	0
Corporate debt securities | Recurring basis | Level 2
Fair Value Measurements
Short-term investments	444,525	446,579
Corporate debt securities | Recurring basis | Level 3
Fair Value Measurements
Short-term investments	5,198	0
U.S. government and agency securities | Recurring basis
Fair Value Measurements
Short-term investments	319,598	372,307
U.S. government and agency securities | Recurring basis | Level 1
Fair Value Measurements
Short-term investments	0	0
U.S. government and agency securities | Recurring basis | Level 2
Fair Value Measurements
Short-term investments	319,598	372,307
U.S. government and agency securities | Recurring basis | Level 3
Fair Value Measurements
Short-term investments	0	0
Other fixed income securities | Recurring basis
Fair Value Measurements
Short-term investments	83,611	142,280
Other fixed income securities | Recurring basis | Level 1
Fair Value Measurements
Short-term investments	0	0
Other fixed income securities | Recurring basis | Level 2
Fair Value Measurements
Short-term investments	83,611	142,280
Other fixed income securities | Recurring basis | Level 3
Fair Value Measurements
Short-term investments	0	0
Asset-backed securities | Recurring basis
Fair Value Measurements
Short-term investments	25,954	19,308
Asset-backed securities | Recurring basis | Level 1
Fair Value Measurements
Short-term investments	0	0
Asset-backed securities | Recurring basis | Level 2
Fair Value Measurements
Short-term investments	19,172	15,305
Asset-backed securities | Recurring basis | Level 3
Fair Value Measurements
Short-term investments	6,782	4,003
Collateralized loan obligations | Recurring basis
Fair Value Measurements
Short-term investments	40,465	50,998
Collateralized loan obligations | Recurring basis | Level 1
Fair Value Measurements
Short-term investments	0	0
Collateralized loan obligations | Recurring basis | Level 2
Fair Value Measurements
Short-term investments	38,215	47,676
Collateralized loan obligations | Recurring basis | Level 3
Fair Value Measurements
Short-term investments	2,250	3,322
Bank notes | Recurring basis
Fair Value Measurements
Short-term investments	11,269	8,090
Bank notes | Recurring basis | Level 1
Fair Value Measurements
Short-term investments	0	0
Bank notes | Recurring basis | Level 2
Fair Value Measurements
Short-term investments	1,464	1,337
Bank notes | Recurring basis | Level 3
Fair Value Measurements
Short-term investments	$ 9,805	$ 6,753

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) $ in Millions	Jun. 30, 2022 USD ($)
Fair Value Disclosures [Abstract]
Restricted cash	$ 17.3

Fair Value Measurements - Recon

Fair Value Measurements - Reconciliation of short term investments and assets held for sale measured at fair value on a recurring basis Unobservable input (Details) - Short-term Investments - Level 3 - Recurring basis $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 14,078
Purchases	13,632
Redemptions and paydowns	(3,233)
Amortization and accretion, net	446
Realized and unrealized gains (losses), net	(888)
Ending balance	24,035
Asset-backed securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	4,003
Purchases	2,884
Redemptions and paydowns	(31)
Amortization and accretion, net	79
Realized and unrealized gains (losses), net	(153)
Ending balance	6,782
Bank notes
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	6,753
Purchases	3,440
Redemptions and paydowns	(350)
Amortization and accretion, net	9
Realized and unrealized gains (losses), net	(47)
Ending balance	9,805
Collateralized loan obligations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	3,322
Purchases	1,800
Redemptions and paydowns	(2,852)
Amortization and accretion, net	358
Realized and unrealized gains (losses), net	(378)
Ending balance	2,250
Corporate debt securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	0
Purchases	5,508
Redemptions and paydowns	0
Amortization and accretion, net	0
Realized and unrealized gains (losses), net	(310)
Ending balance	$ 5,198

Fair Value Measurement - Asset

Fair Value Measurement - Asset Held For Sale Activity (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance as of December 31, 2021	$ (29,449)
Ending balance as of June 30, 2022	(22,566)
Held-for-sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance as of December 31, 2021	(29,449)
Additions	0
Proceeds from Sale	(9,449)
Realized gains	2,573
Realized losses	(7)
Ending balance as of June 30, 2022	(22,566)
Held-for-sale | ATR Aircrafts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance as of December 31, 2021	(23,158)
Additions	0
Proceeds from Sale	(9,449)
Realized gains	2,573
Realized losses	(7)
Ending balance as of June 30, 2022	(16,275)
Held-for-sale | Commercial Real Estate Assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance as of December 31, 2021	(6,291)
Additions	0
Proceeds from Sale	0
Realized gains	0
Realized losses	0
Ending balance as of June 30, 2022	$ (6,291)

Fair Value Measurements - Debt

Fair Value Measurements - Debt Measured at Fair Value (Excluding Obligations Under Capital Leases and Financing Obligations) (Details) - Recurring basis - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value Measurements
Carrying Amount	$ 1,678,149	$ 1,838,954
Fair Value	1,354,809	1,808,530
Level 1
Fair Value Measurements
Fair Value	0	0
Level 2
Fair Value Measurements
Fair Value	0	0
Level 3
Fair Value Measurements
Fair Value	$ 1,354,809	$ 1,808,530

Debt - Long-term Debt (Details)

Debt - Long-term Debt (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021	Oct. 31, 2021
Debt Instrument [Line Items]
Long-term debt	$ 1,678,149
Unamortized debt discount and issuance costs	(32,739)	$ (37,560)
Total Debt	1,645,410	1,801,394
Less: Current maturities of long-term debt	(46,857)	(97,096)
Long-Term Debt, less discount	$ 1,598,553	1,704,298
Enhanced Equipment Trust Certificates (EETC) | Class A EETC-13
Debt Instrument [Line Items]
Interest rate	3.90%
Long-term debt	$ 195,138	196,338
Enhanced Equipment Trust Certificates (EETC) | Class B EETC-13
Debt Instrument [Line Items]
Interest rate	4.95%
Long-term debt	$ 0	45,090
Enhanced Equipment Trust Certificates (EETC) | Class A EETC-20
Debt Instrument [Line Items]
Interest rate	7.375%		7.375%
Long-term debt	$ 0	48,245
Enhanced Equipment Trust Certificates (EETC) | Class B EETC-20
Debt Instrument [Line Items]
Interest rate	11.25%		11.25%
Long-term debt	$ 0	19,504
1.05% Japanese Yen Denominated Debt Due May 2030
Debt Instrument [Line Items]
Interest rate	1.05%
Long-term debt	$ 24,107	30,213
1.01% Japanese Yen Denominated Debt Due June 2030
Debt Instrument [Line Items]
Interest rate	1.01%
Long-term debt	$ 20,908	26,271
0.65% Japanese Yen Denominated Debt Due March 2025
Debt Instrument [Line Items]
Interest rate	0.65%
Long-term debt	$ 69,459	91,041
0.76% Japanese Yen Denominated Debt Due September 2031
Debt Instrument [Line Items]
Interest rate	0.76%
Long-term debt	$ 56,554	70,269
Payroll Support Program
Debt Instrument [Line Items]
Interest rate	1%
Long-term debt	$ 60,278	60,278
Payroll Support Program | Secured overnight financing rate
Debt Instrument [Line Items]
Margin	2%
Payroll Support Program Extension
Debt Instrument [Line Items]
Interest rate	1%
Long-term debt	$ 27,797	27,797
Payroll Support Program Extension | Secured overnight financing rate
Debt Instrument [Line Items]
Margin	2%
Payroll Support Program 3
Debt Instrument [Line Items]
Interest rate	1%
Long-term debt	$ 23,908	23,908
Payroll Support Program 3 | Secured overnight financing rate
Debt Instrument [Line Items]
Margin	2%
Senior Notes | 5.75% Senior Secured Notes
Debt Instrument [Line Items]
Interest rate	5.75%
Long-term debt	$ 1,200,000	$ 1,200,000

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Feb. 28, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Oct. 31, 2021
Debt Instrument [Line Items]
Loss on extinguishment of debt		$ 8,568	$ 0	$ 8,568	$ 3,994
Economic Relief Program Facility
Debt Instrument [Line Items]
Repayments of long-term debt	$ 45,000
Loss on extinguishment of debt					$ 4,000
Enhanced Equipment Trust Certificates (EETC)
Debt Instrument [Line Items]
Loss on extinguishment of debt		8,600		8,600
Debt instrument, repurchase amount						$ 160,900
Enhanced Equipment Trust Certificates (EETC) | Class A EETC-20
Debt Instrument [Line Items]
Debt instrument, repurchase amount		$ 62,400		$ 62,400
Interest rate		7.375%		7.375%		7.375%
Enhanced Equipment Trust Certificates (EETC) | Class B EETC-20
Debt Instrument [Line Items]
Debt instrument, repurchase amount		$ 62,400		$ 62,400
Interest rate		11.25%		11.25%		11.25%
Revolving credit facility | Line of credit
Debt Instrument [Line Items]
Remaining borrowing capacity		$ 235,000		$ 235,000

Debt - Maturity of Long-Term De

Debt - Maturity of Long-Term Debt (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Debt Disclosure [Abstract]
Remaining months in 2022	$ 23,742
2023	48,107
2024	45,960
2025	59,057
2026	1,339,077
Thereafter	162,206
Long-term debt	$ 1,678,149

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Components of Net Period Benefit Cost
Service cost	$ 2,392,000	$ 2,739,000	$ 4,784,000	$ 5,479,000
Other cost:
Interest cost	4,572,000	4,216,000	9,133,000	8,433,000
Expected return on plan assets	(6,471,000)	(6,275,000)	(12,942,000)	(12,551,000)
Recognized net actuarial loss	625,000	1,078,000	1,249,000	2,156,000
Total other components of the net periodic benefit cost	(1,274,000)	(981,000)	(2,560,000)	(1,962,000)
Net periodic benefit cost	1,118,000	1,758,000	2,224,000	3,517,000
Contribution to defined benefit and other postretirement plans	$ 0	$ 0	$ 0	$ 0

Commitments and Contingent Li_3

Commitments and Contingent Liabilities - Orders and Purchase Rights (Details) - Aircraft and aircraft related	6 Months Ended
	Jun. 30, 2022 purchase_right order
B787-9 spare engines
Long-term Purchase Commitment [Line Items]
Firm Orders | order	2
Purchase Rights | purchase_right	2
A321neo aircraft
Long-term Purchase Commitment [Line Items]
Firm Orders | order	0
Purchase Rights | purchase_right	9
B787-9 aircraft
Long-term Purchase Commitment [Line Items]
Firm Orders | order	10
Purchase Rights | purchase_right	10

Commitments and Contingent Li_4

Commitments and Contingent Liabilities - Narrative (Details)	1 Months Ended
	Oct. 31, 2018 purchase_right	Jul. 31, 2018 aircraft	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($) aircraft
Long-term Purchase Commitment [Line Items]
Number of aircraft with deferred delivery | aircraft				2
Credit card processing agreements
Long-term Purchase Commitment [Line Items]
Restricted cash | $			$ 0	$ 0
Maximum amount that holdback could increase			100%
B787-9 aircraft
Long-term Purchase Commitment [Line Items]
Number of aircraft under purchase agreements | aircraft		10
Number of aircraft with purchase rights | aircraft		10
B787-9 aircraft | General Electric GEnx engines
Long-term Purchase Commitment [Line Items]
Number of engines, firm order | purchase_right	20
Number of engines, purchase rights | purchase_right	20
B787-9 aircraft | General Electric GEnx spare engines
Long-term Purchase Commitment [Line Items]
Number of spare engine purchase rights | purchase_right	4

Commitments and Contingent Li_5

Commitments and Contingent Liabilities - Committed Expenditures and Committed Payments (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Total Committed Expenditures
Remaining in 2022	$ 90,698
2023	447,876
2024	514,099
2025	409,121
2026	231,990
Thereafter	27,082
Total	1,720,866
Aircraft and aircraft related
Total Committed Expenditures
Remaining in 2022	76,622
2023	418,484
2024	486,889
2025	390,984
2026	218,351
Thereafter	0
Total	1,591,330
Other
Total Committed Expenditures
Remaining in 2022	14,076
2023	29,392
2024	27,210
2025	18,137
2026	13,639
Thereafter	27,082
Total	$ 129,536

Assets Held-For-Sale - Narrativ

Assets Held-For-Sale - Narrative (Details) $ in Thousands	3 Months Ended
	Jun. 30, 2022 USD ($) aircraft	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets held for sale	$ 22,566		$ 29,449
Write-down of fleet		$ 6,400
Held-for-sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets held for sale	22,566	29,500	29,449
Held-for-sale | 'Ohana by Hawaiian
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets held for sale		23,400
Write-down of fleet		6,400
Held-for-sale | Commercial Real Estate Assets
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets held for sale	$ 6,291	$ 6,100	$ 6,291
Disposed of by sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of aircraft sold | aircraft	3
Gain on sale of aircraft	$ 2,600

Special Items (Details)

Special Items (Details) $ in Millions	3 Months Ended
	Jun. 30, 2021 USD ($)
Unusual or Infrequent Items, or Both [Abstract]
Write-down of fleet	$ 6.4
Contract termination charge	$ 2.6

Condensed Consolidating Finan_3

Condensed Consolidating Financial Information - Narrative and Condensed Consolidating Statements of Operations and Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Operating Revenue	$ 691,865		$ 410,781		$ 1,169,079	$ 592,998
Operating Expenses:
Wages and benefits	205,686		170,858		408,785	330,937
Aircraft fuel, including taxes and delivery	226,892		83,840		377,874	131,576
Maintenance, materials and repairs	55,967		37,083		111,617	71,335
Aircraft and passenger servicing	35,631		25,730		69,446	42,981
Commissions and other selling	28,615		17,270		49,262	28,679
Aircraft rent	25,790		27,679		52,066	57,520
Other rentals and landing fees	37,041		27,339		71,652	47,007
Depreciation and amortization	34,333		35,113		68,088	70,469
Purchased services	33,757		23,771		64,444	47,868
Special items	0		8,983		0	8,983
Government grant recognition	0		(95,119)		0	(242,389)
Other	34,242		29,759		69,739	52,721
Total	717,954		392,306		1,342,973	647,687
Operating Income (Loss)	(26,089)		18,475		(173,894)	(54,689)
Nonoperating Income (Expense):
Undistributed net loss of subsidiaries	0		0		0	0
Interest expense and amortization of debt discounts and issuance costs	(24,517)		(30,315)		(49,554)	(54,008)
Interest income	6,562		1,345		10,996	2,594
Capitalized interest	1,060		776		2,112	1,460
Gains on fuel derivatives	0		0		0	217
Loss on extinguishment of debt	(8,568)		0		(8,568)	(3,994)
Other components of net periodic benefit cost	1,274		981		2,560	1,962
Other, net	4,344		444		15,590	21,340
Total	(19,845)		(26,769)		(26,864)	(30,429)
Loss Before Income Taxes	(45,934)		(8,294)		(200,758)	(85,118)
Income tax expense (benefit)	(9,160)		(2,117)		(41,175)	(18,250)
Net Loss	(36,774)	$ (122,809)	(6,177)	$ (60,691)	(159,583)	(66,868)
Comprehensive Loss	(48,422)		(5,760)		(195,869)	(66,775)
Eliminations
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Operating Revenue	(9,690)		(10,708)		(18,794)	(13,452)
Operating Expenses:
Wages and benefits	0		0		0	0
Aircraft fuel, including taxes and delivery	0		0		0	0
Maintenance, materials and repairs	0		0		0	0
Aircraft and passenger servicing	0		0		0	0
Commissions and other selling	(118)		(43)		(325)	(64)
Aircraft rent	0		0		0	0
Other rentals and landing fees	(29)		(34)		(58)	(63)
Depreciation and amortization	0		0		0	0
Purchased services	(66)		(1,816)		(132)	(4,490)
Special items			0			0
Government grant recognition			0			0
Other	(9,477)		(8,815)		(18,279)	(8,835)
Total	(9,690)		(10,708)		(18,794)	(13,452)
Operating Income (Loss)	0		0		0	0
Nonoperating Income (Expense):
Undistributed net loss of subsidiaries	44,004		14,353		173,979	82,257
Interest expense and amortization of debt discounts and issuance costs	748		748		1,488	1,201
Interest income	(748)		(748)		(1,488)	(1,201)
Capitalized interest	0		0		0	0
Gains on fuel derivatives						0
Loss on extinguishment of debt	0				0	0
Other components of net periodic benefit cost	0		0		0	0
Other, net	0		0		0	0
Total	44,004		14,353		173,979	82,257
Loss Before Income Taxes	44,004		14,353		173,979	82,257
Income tax expense (benefit)	0		0		0	0
Net Loss	44,004		14,353		173,979	82,257
Comprehensive Loss	55,652		13,936		210,265	82,164
Parent Issuer / Guarantor | Reportable legal entities
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Operating Revenue	0		0		0	0
Operating Expenses:
Wages and benefits	0		0		0	0
Aircraft fuel, including taxes and delivery	0		0		0	0
Maintenance, materials and repairs	0		0		0	0
Aircraft and passenger servicing	0		0		0	0
Commissions and other selling	9		0		9	0
Aircraft rent	0		0		0	0
Other rentals and landing fees	0		0		0	0
Depreciation and amortization	0		0		0	0
Purchased services	134		77		177	1,965
Special items			0			0
Government grant recognition			0			0
Other	1,456		1,426		3,674	3,152
Total	1,599		1,503		3,860	5,117
Operating Income (Loss)	(1,599)		(1,503)		(3,860)	(5,117)
Nonoperating Income (Expense):
Undistributed net loss of subsidiaries	(35,203)		(4,683)		(155,758)	(61,770)
Interest expense and amortization of debt discounts and issuance costs	0		0		0	0
Interest income	28		9		35	19
Capitalized interest	0		0		0	0
Gains on fuel derivatives						0
Loss on extinguishment of debt	0				0	0
Other components of net periodic benefit cost	0		0		0	0
Other, net	0		0		0	0
Total	(35,175)		(4,674)		(155,723)	(61,751)
Loss Before Income Taxes	(36,774)		(6,177)		(159,583)	(66,868)
Income tax expense (benefit)	0		0		0	0
Net Loss	(36,774)		(6,177)		(159,583)	(66,868)
Comprehensive Loss	(48,422)		(5,760)		(195,869)	(66,775)
Subsidiary Issuer / Guarantor | Reportable legal entities
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Operating Revenue	690,907		410,071		1,167,498	591,609
Operating Expenses:
Wages and benefits	205,686		170,858		408,785	330,937
Aircraft fuel, including taxes and delivery	226,892		83,840		377,874	131,576
Maintenance, materials and repairs	55,931		36,793		111,421	71,030
Aircraft and passenger servicing	35,631		25,730		69,446	42,981
Commissions and other selling	28,666		17,279		49,290	28,700
Aircraft rent	25,790		27,679		52,066	57,520
Other rentals and landing fees	37,070		27,373		71,710	47,070
Depreciation and amortization	34,333		34,463		68,088	68,922
Purchased services	33,303		24,964		63,594	49,534
Special items			4,648			4,648
Government grant recognition			(95,119)			(242,389)
Other	44,198		36,312		86,037	57,273
Total	727,500		394,820		1,358,311	647,802
Operating Income (Loss)	(36,593)		15,251		(190,813)	(56,193)
Nonoperating Income (Expense):
Undistributed net loss of subsidiaries	(8,801)		(9,670)		(18,221)	(20,487)
Interest expense and amortization of debt discounts and issuance costs	(6,797)		(12,423)		(14,121)	(25,331)
Interest income	6,505		1,331		10,930	2,570
Capitalized interest	1,060		776		2,112	1,460
Gains on fuel derivatives						217
Loss on extinguishment of debt	(8,568)				(8,568)	(3,994)
Other components of net periodic benefit cost	1,274		981		2,560	1,962
Other, net	4,344		444		15,590	21,340
Total	(10,983)		(18,561)		(9,718)	(22,263)
Loss Before Income Taxes	(47,576)		(3,310)		(200,531)	(78,456)
Income tax expense (benefit)	(9,160)		(2,117)		(41,175)	(18,250)
Net Loss	(38,416)		(1,193)		(159,356)	(60,206)
Comprehensive Loss	(50,064)		(776)		(195,642)	(60,113)
Non-Guarantor Subsidiaries | Reportable legal entities
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Operating Revenue	10,648		11,418		20,375	14,841
Operating Expenses:
Wages and benefits	0		0		0	0
Aircraft fuel, including taxes and delivery	0		0		0	0
Maintenance, materials and repairs	36		290		196	305
Aircraft and passenger servicing	0		0		0	0
Commissions and other selling	58		34		288	43
Aircraft rent	0		0		0	0
Other rentals and landing fees	0		0		0	0
Depreciation and amortization	0		650		0	1,547
Purchased services	386		546		805	859
Special items			4,335			4,335
Government grant recognition			0			0
Other	(1,935)		836		(1,693)	1,131
Total	(1,455)		6,691		(404)	8,220
Operating Income (Loss)	12,103		4,727		20,779	6,621
Nonoperating Income (Expense):
Undistributed net loss of subsidiaries	0		0		0	0
Interest expense and amortization of debt discounts and issuance costs	(18,468)		(18,640)		(36,921)	(29,878)
Interest income	777		753		1,519	1,206
Capitalized interest	0		0		0	0
Gains on fuel derivatives						0
Loss on extinguishment of debt	0				0	0
Other components of net periodic benefit cost	0		0		0	0
Other, net	0		0		0	0
Total	(17,691)		(17,887)		(35,402)	(28,672)
Loss Before Income Taxes	(5,588)		(13,160)		(14,623)	(22,051)
Income tax expense (benefit)	0		0		0	0
Net Loss	(5,588)		(13,160)		(14,623)	(22,051)
Comprehensive Loss	$ (5,588)		$ (13,160)		$ (14,623)	$ (22,051)

Condensed Consolidating Finan_4

Condensed Consolidating Financial Information - Condensed Consolidating Balance Sheets (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 424,952		$ 490,561
Restricted cash	17,268		17,267
Short-term investments	1,117,417		1,241,752
Accounts receivable, net	89,256		92,888
Income taxes receivable	69,980		71,201
Spare parts and supplies, net	39,065		34,109
Prepaid expenses and other	75,091		66,127
Total	1,833,029		2,013,905
Property and equipment at cost	2,973,623		2,957,589
Less accumulated depreciation and amortization	(1,067,908)		(999,966)
Property and equipment, net	1,905,715		1,957,623
Assets held-for-sale	22,566		29,449
Operating lease right-of-use assets	497,214		536,154
Long-term prepayments and other	92,990		80,489
Goodwill and other intangible assets, net	13,500		13,500
Intercompany receivable	0		0
Investment in consolidated subsidiaries	0		0
Total Assets	4,365,014		4,631,120
Current liabilities:
Accounts payable	148,583		114,400
Air traffic liability and current frequent flyer deferred revenue	783,732		631,157
Other accrued liabilities	166,839		165,050
Current maturities of long-term debt, less discount	46,857		97,096
Current maturities of finance lease obligations	27,137		24,149
Current maturities of operating leases	76,344		79,158
Total	1,249,492		1,111,010
Long-term debt	1,598,553		1,704,298
Intercompany payable	0		0
Other liabilities and deferred credits:
Noncurrent finance lease obligations	85,679		100,995
Noncurrent operating leases	385,463		423,293
Accumulated pension and other post-retirement benefit obligations	154,302		160,817
Other liabilities and deferred credits	76,603		78,340
Noncurrent frequent flyer deferred revenue	304,798		296,484
Deferred tax liabilities, net	134,571		186,797
Total	1,141,416		1,246,726
Shareholders’ equity	375,553	$ 422,093	569,086	$ 610,474	$ 612,002	$ 600,157
Total Liabilities and Shareholders’ Equity	4,365,014		4,631,120
Eliminations
Current assets:
Cash and cash equivalents	0		0
Restricted cash	0		0
Short-term investments	0		0
Accounts receivable, net	(14,713)		(13,569)
Income taxes receivable	0		0
Spare parts and supplies, net	0		0
Prepaid expenses and other	0		0
Total	(14,713)		(13,569)
Property and equipment at cost	0		0
Less accumulated depreciation and amortization	0		0
Property and equipment, net	0		0
Assets held-for-sale	0		0
Operating lease right-of-use assets	0		0
Long-term prepayments and other	(1,200,000)		(1,200,000)
Goodwill and other intangible assets, net	0		0
Intercompany receivable	(598,822)		(571,096)
Investment in consolidated subsidiaries	(774,973)		(981,809)
Total Assets	(2,588,508)		(2,766,474)
Current liabilities:
Accounts payable	(10,513)		(10,857)
Air traffic liability and current frequent flyer deferred revenue	0		0
Other accrued liabilities	(4,200)		(2,712)
Current maturities of long-term debt, less discount	0		0
Current maturities of finance lease obligations	0		0
Current maturities of operating leases	0		0
Total	(14,713)		(13,569)
Long-term debt	(1,200,000)		(1,200,000)
Intercompany payable	(598,822)		(571,096)
Other liabilities and deferred credits:
Noncurrent finance lease obligations	0		0
Noncurrent operating leases	0		0
Accumulated pension and other post-retirement benefit obligations	0		0
Other liabilities and deferred credits	0		0
Noncurrent frequent flyer deferred revenue	0		0
Deferred tax liabilities, net	0		0
Total	0		0
Shareholders’ equity	(774,973)		(981,809)
Total Liabilities and Shareholders’ Equity	(2,588,508)		(2,766,474)
Parent Issuer / Guarantor | Reportable legal entities
Current assets:
Cash and cash equivalents	43,138		20,803
Restricted cash	0		0
Short-term investments	0		0
Accounts receivable, net	0		0
Income taxes receivable	0		0
Spare parts and supplies, net	0		0
Prepaid expenses and other	0		21
Total	43,138		20,824
Property and equipment at cost	0		0
Less accumulated depreciation and amortization	0		0
Property and equipment, net	0		0
Assets held-for-sale	0		0
Operating lease right-of-use assets	0		0
Long-term prepayments and other	50		50
Goodwill and other intangible assets, net	0		0
Intercompany receivable	0		0
Investment in consolidated subsidiaries	819,033		1,007,650
Total Assets	862,221		1,028,524
Current liabilities:
Accounts payable	887		422
Air traffic liability and current frequent flyer deferred revenue	0		0
Other accrued liabilities	0		0
Current maturities of long-term debt, less discount	0		0
Current maturities of finance lease obligations	0		0
Current maturities of operating leases	0		0
Total	887		422
Long-term debt	0		0
Intercompany payable	485,781		459,016
Other liabilities and deferred credits:
Noncurrent finance lease obligations	0		0
Noncurrent operating leases	0		0
Accumulated pension and other post-retirement benefit obligations	0		0
Other liabilities and deferred credits	0		0
Noncurrent frequent flyer deferred revenue	0		0
Deferred tax liabilities, net	0		0
Total	0		0
Shareholders’ equity	375,553		569,086
Total Liabilities and Shareholders’ Equity	862,221		1,028,524
Subsidiary Issuer / Guarantor | Reportable legal entities
Current assets:
Cash and cash equivalents	352,132		434,615
Restricted cash	0		0
Short-term investments	1,117,417		1,241,752
Accounts receivable, net	87,609		85,109
Income taxes receivable	69,980		71,201
Spare parts and supplies, net	39,065		34,109
Prepaid expenses and other	74,943		66,084
Total	1,741,146		1,932,870
Property and equipment at cost	2,973,623		2,957,589
Less accumulated depreciation and amortization	(1,067,908)		(999,966)
Property and equipment, net	1,905,715		1,957,623
Assets held-for-sale	944		926
Operating lease right-of-use assets	497,214		536,154
Long-term prepayments and other	92,485		79,953
Goodwill and other intangible assets, net	0		0
Intercompany receivable	598,822		571,096
Investment in consolidated subsidiaries	(44,563)		(26,344)
Total Assets	4,791,763		5,052,278
Current liabilities:
Accounts payable	157,048		122,437
Air traffic liability and current frequent flyer deferred revenue	774,452		617,685
Other accrued liabilities	157,287		153,423
Current maturities of long-term debt, less discount	46,857		97,096
Current maturities of finance lease obligations	27,137		24,149
Current maturities of operating leases	76,344		79,158
Total	1,239,125		1,093,948
Long-term debt	1,616,464		1,724,631
Intercompany payable	0		0
Other liabilities and deferred credits:
Noncurrent finance lease obligations	85,679		100,995
Noncurrent operating leases	385,463		423,293
Accumulated pension and other post-retirement benefit obligations	154,302		160,817
Other liabilities and deferred credits	76,449		78,188
Noncurrent frequent flyer deferred revenue	304,798		296,484
Deferred tax liabilities, net	134,571		186,797
Total	1,141,262		1,246,574
Shareholders’ equity	794,912		987,125
Total Liabilities and Shareholders’ Equity	4,791,763		5,052,278
Non-Guarantor Subsidiaries | Reportable legal entities
Current assets:
Cash and cash equivalents	29,682		35,143
Restricted cash	17,268		17,267
Short-term investments	0		0
Accounts receivable, net	16,360		21,348
Income taxes receivable	0		0
Spare parts and supplies, net	0		0
Prepaid expenses and other	148		22
Total	63,458		73,780
Property and equipment at cost	0		0
Less accumulated depreciation and amortization	0		0
Property and equipment, net	0		0
Assets held-for-sale	21,622		28,523
Operating lease right-of-use assets	0		0
Long-term prepayments and other	1,200,455		1,200,486
Goodwill and other intangible assets, net	13,500		13,500
Intercompany receivable	0		0
Investment in consolidated subsidiaries	503		503
Total Assets	1,299,538		1,316,792
Current liabilities:
Accounts payable	1,161		2,398
Air traffic liability and current frequent flyer deferred revenue	9,280		13,472
Other accrued liabilities	13,752		14,339
Current maturities of long-term debt, less discount	0		0
Current maturities of finance lease obligations	0		0
Current maturities of operating leases	0		0
Total	24,193		30,209
Long-term debt	1,182,089		1,179,667
Intercompany payable	113,041		112,080
Other liabilities and deferred credits:
Noncurrent finance lease obligations	0		0
Noncurrent operating leases	0		0
Accumulated pension and other post-retirement benefit obligations	0		0
Other liabilities and deferred credits	154		152
Noncurrent frequent flyer deferred revenue	0		0
Deferred tax liabilities, net	0		0
Total	154		152
Shareholders’ equity	(19,939)		(5,316)
Total Liabilities and Shareholders’ Equity	$ 1,299,538		$ 1,316,792

Condensed Consolidating Finan_5

Condensed Consolidating Financial Information - Condensed Consolidating Statements of Cash Flows (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Condensed Consolidating Statements of Cash Flows
Net Cash Provided By (Used In) Operating Activities	$ 31,665	$ 417,277
Cash Flows From Investing Activities:
Net payments to affiliates	0	0
Additions to property and equipment, including pre-delivery deposits	(16,521)	(17,886)
Proceeds from the disposition of aircraft and aircraft related equipment	9,662	117
Purchases of investments	(575,191)	(862,001)
Sales of investments	635,385	280,007
Net cash provided by (used in) investing activities	53,335	(599,763)
Cash Flows From Financing Activities:
Proceeds from the issuance of common stock	0	68,132
Long-term borrowings	0	1,251,705
Repayments of long-term debt and finance lease obligations	(149,019)	(342,151)
Debt issuance costs	0	(24,664)
Net payments to affiliates		0
Net payments from affiliates	0
Payment for taxes withheld for stock compensation	(1,589)	(1,712)
Other	0	1,837
Net cash provided by (used in) financing activities	(150,608)	953,147
Net increase (decrease) in cash and cash equivalents	(65,608)	770,661
Cash, cash equivalents, and restricted cash - Beginning of Period	507,828	509,639
Cash, cash equivalents, and restricted cash - End of Period	442,220	1,280,300
Eliminations
Condensed Consolidating Statements of Cash Flows
Net Cash Provided By (Used In) Operating Activities	0	0
Cash Flows From Investing Activities:
Net payments to affiliates	25,177	(78,509)
Additions to property and equipment, including pre-delivery deposits	0	0
Proceeds from the disposition of aircraft and aircraft related equipment	0	0
Purchases of investments	0	0
Sales of investments	0	0
Net cash provided by (used in) investing activities	25,177	(78,509)
Cash Flows From Financing Activities:
Proceeds from the issuance of common stock		0
Long-term borrowings		0
Repayments of long-term debt and finance lease obligations	0	0
Debt issuance costs		0
Net payments to affiliates		78,509
Net payments from affiliates	(25,177)
Payment for taxes withheld for stock compensation	0	0
Other		0
Net cash provided by (used in) financing activities	(25,177)	78,509
Net increase (decrease) in cash and cash equivalents	0	0
Cash, cash equivalents, and restricted cash - Beginning of Period	0	0
Cash, cash equivalents, and restricted cash - End of Period	0	0
Parent Issuer / Guarantor | Reportable legal entities
Condensed Consolidating Statements of Cash Flows
Net Cash Provided By (Used In) Operating Activities	(2,842)	(4,885)
Cash Flows From Investing Activities:
Net payments to affiliates	0	2,725
Additions to property and equipment, including pre-delivery deposits	0	0
Proceeds from the disposition of aircraft and aircraft related equipment	0	0
Purchases of investments	0	0
Sales of investments	0	0
Net cash provided by (used in) investing activities	0	2,725
Cash Flows From Financing Activities:
Proceeds from the issuance of common stock		68,132
Long-term borrowings		0
Repayments of long-term debt and finance lease obligations	0	0
Debt issuance costs		0
Net payments to affiliates		(75,784)
Net payments from affiliates	25,177
Payment for taxes withheld for stock compensation	0	0
Other		1,837
Net cash provided by (used in) financing activities	25,177	(5,815)
Net increase (decrease) in cash and cash equivalents	22,335	(7,975)
Cash, cash equivalents, and restricted cash - Beginning of Period	20,803	24,088
Cash, cash equivalents, and restricted cash - End of Period	43,138	16,113
Subsidiary Issuer / Guarantor | Reportable legal entities
Condensed Consolidating Statements of Cash Flows
Net Cash Provided By (Used In) Operating Activities	50,266	409,566
Cash Flows From Investing Activities:
Net payments to affiliates	(25,902)	1,161,138
Additions to property and equipment, including pre-delivery deposits	(16,521)	(17,602)
Proceeds from the disposition of aircraft and aircraft related equipment	88	117
Purchases of investments	(575,191)	(862,001)
Sales of investments	635,385	280,007
Net cash provided by (used in) investing activities	17,859	561,659
Cash Flows From Financing Activities:
Proceeds from the issuance of common stock		0
Long-term borrowings		51,705
Repayments of long-term debt and finance lease obligations	(149,019)	(342,151)
Debt issuance costs		0
Net payments to affiliates		0
Net payments from affiliates	0
Payment for taxes withheld for stock compensation	(1,589)	(1,712)
Other		0
Net cash provided by (used in) financing activities	(150,608)	(292,158)
Net increase (decrease) in cash and cash equivalents	(82,483)	679,067
Cash, cash equivalents, and restricted cash - Beginning of Period	434,615	476,409
Cash, cash equivalents, and restricted cash - End of Period	352,132	1,155,476
Non-Guarantor Subsidiaries | Reportable legal entities
Condensed Consolidating Statements of Cash Flows
Net Cash Provided By (Used In) Operating Activities	(15,759)	12,596
Cash Flows From Investing Activities:
Net payments to affiliates	725	(1,085,354)
Additions to property and equipment, including pre-delivery deposits	0	(284)
Proceeds from the disposition of aircraft and aircraft related equipment	9,574	0
Purchases of investments	0	0
Sales of investments	0	0
Net cash provided by (used in) investing activities	10,299	(1,085,638)
Cash Flows From Financing Activities:
Proceeds from the issuance of common stock		0
Long-term borrowings		1,200,000
Repayments of long-term debt and finance lease obligations	0	0
Debt issuance costs		(24,664)
Net payments to affiliates		(2,725)
Net payments from affiliates	0
Payment for taxes withheld for stock compensation	0	0
Other		0
Net cash provided by (used in) financing activities	0	1,172,611
Net increase (decrease) in cash and cash equivalents	(5,460)	99,569
Cash, cash equivalents, and restricted cash - Beginning of Period	52,410	9,142
Cash, cash equivalents, and restricted cash - End of Period	$ 46,950	$ 108,711