Hawaiian (HA) 10-Q/A 31 Oct 22 2022 Q1 Quarterly report (amended) Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2022	Apr. 22, 2022
Cover [Abstract]
Document Type	10-Q/A
Document Quarterly Report	true
Document Period End Date	Mar. 31, 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		51,327,070
Entity Central Index Key	0001172222
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Amendment Flag	true
Current Fiscal Year End Date	--12-31
Amendment Description	Explanatory Note

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Operating Revenue:
Operating revenue	$ 477,214	$ 182,217
Operating Expenses:
Wages and benefits	203,099	160,079
Aircraft fuel, including taxes and delivery	150,982	47,736
Maintenance, materials and repairs	55,650	34,252
Aircraft and passenger servicing	33,815	17,251
Depreciation and amortization	33,755	35,356
Aircraft rent	26,276	29,841
Commissions and other selling	20,647	11,409
Other rentals and landing fees	34,611	19,668
Purchased services	30,687	24,097
Government grant recognition	0	(147,270)
Other	35,497	22,962
Total	625,019	255,381
Operating Income (Loss)	(147,805)	(73,164)
Nonoperating Income (Expense):
Interest expense and amortization of debt discounts and issuance costs	(25,037)	(23,693)
Gains on fuel derivatives	0	217
Other components of net periodic benefit cost	1,286	981
Interest income	4,434	1,249
Capitalized interest	1,052	684
Loss on extinguishment of debt	0	(3,994)
Gains (losses) on investments, net	(12,364)	77
Gains on foreign debt	11,762	19,234
Other, net	374	1,585
Total	(18,493)	(3,660)
Loss Before Income Taxes	(166,298)	(76,824)
Income tax benefit	(33,020)	(16,133)
Net Income (Loss)	$ (133,278)	$ (60,691)
Net Loss Per Share
Basic (in dollars per share)	$ (2.60)	$ (1.23)
Diluted (in dollars per share)	$ (2.60)	$ (1.23)
Weighted Average Number of Common Stock Shares Outstanding:
Basic (in shares)	51,288	49,472
Diluted (in shares)	51,288	49,472
Passenger
Operating Revenue:
Operating revenue	$ 404,029	$ 137,469
Other
Operating Revenue:
Operating revenue	$ 73,185	$ 44,748

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net Loss	$ (133,278)	$ (60,691)
Other comprehensive loss, net:
Net change related to employee benefit plans, net of tax expense of $208 and net of tax benefit of $39 for 2022 and 2021, respectively	630	1,117
Net change in available-for-sale investments, net of tax benefit of $5,486 and $468 for 2022 and 2021, respectively	(16,640)	(1,441)
Total other comprehensive loss	(16,010)	(324)
Total Comprehensive Loss	$ (149,288)	$ (61,015)

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net change related to employee benefit plans, tax (expense) benefit	$ 208	$ (39)
Net change in available-for-sale investments, tax benefit	$ 5,486	$ 468

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current Assets:
Cash and cash equivalents	$ 481,212	$ 490,561
Restricted cash	17,253	17,267
Short-term investments	1,162,895	1,241,752
Accounts receivable, net	91,135	92,888
Income taxes receivable	72,792	71,201
Spare parts and supplies, net	35,923	34,109
Prepaid expenses and other	60,305	66,127
Total	1,921,515	2,013,905
Property and equipment, less accumulated depreciation and amortization of $1,033,614 and $999,966 as of March 31, 2022 and December 31, 2021, respectively	1,931,596	1,957,623
Other Assets:
Assets held for sale	28,443	29,449
Operating lease right-of-use assets	516,355	536,154
Long-term prepayments and other	76,753	80,489
Intangible assets, net	13,500	13,500
Total Assets	4,488,162	4,631,120
Current Liabilities:
Accounts payable	129,832	114,400
Air traffic liability and current frequent flyer deferred revenue	760,783	631,157
Other accrued liabilities	157,687	165,050
Current maturities of long-term debt, less discount	60,431	97,096
Current maturities of finance lease obligations	23,607	24,149
Current maturities of operating leases	77,200	79,158
Total	1,209,540	1,111,010
Long-Term Debt	1,671,092	1,704,298
Other Liabilities and Deferred Credits:
Noncurrent finance lease obligations	95,173	100,995
Noncurrent operating leases	404,378	423,293
Accumulated pension and other post-retirement benefit obligations	155,457	160,817
Other liabilities and deferred credits	77,450	78,340
Noncurrent frequent flyer deferred revenue	305,575	296,484
Deferred tax liability, net	149,245	186,797
Total	1,187,278	1,246,726
Commitments and Contingencies
Shareholders’ Equity:
Special preferred stock, $0.01 par value per share, three shares issued and outstanding as of March 31, 2022 and December 31, 2021	0	0
Common stock, $0.01 par value per share, 51,327,070 and 51,233,369 shares outstanding as of March 31, 2022 and December 31, 2021, respectively	513	512
Capital in excess of par value	270,028	269,575
Accumulated income	247,559	380,837
Accumulated other comprehensive loss, net	(97,848)	(81,838)
Total	420,252	569,086
Total Liabilities and Shareholders’ Equity	$ 4,488,162	$ 4,631,120

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Property and equipment, accumulated depreciation and amortization	$ 1,033,614	$ 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)	51,327,070	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)
Total other comprehensive income (loss)	(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, 2021	569,086	512	[3]	0	[4]	269,575	380,837	(81,838)
Increase (Decrease) in Stockholders' Equity
Net Loss	(133,278)						(133,278)
Total other comprehensive income (loss)	(16,010)							(16,010)
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	$ 420,252	$ 513	[3]	$ 0	[4]	$ 270,028	$ 247,559	$ (97,848)
[1]Common Stock—$0.01 par value; 118,000,000 authorized as of March 31, 2021 and December 31, 2020.[2]Special Preferred Stock—$0.01 par value; 2,000,000 shares authorized as of March 31, 2021 and December 31, 2020.[3]Common Stock—$0.01 par value; 118,000,000 authorized as of March 31, 2022 and December 31, 2021.[4]Special Preferred Stock—$0.01 par value; 2,000,000 shares authorized as of March 31, 2022 and December 31, 2021.

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Dec. 31, 2020
Statement of Stockholders' Equity [Abstract]
Issuance of common stock related to stock awards (in shares)	93,701	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	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Cash Flows [Abstract]
Net cash provided by Operating Activities	$ 22,154	$ 122,009
Cash flows from Investing Activities:
Additions to property and equipment, including pre-delivery payments	(9,066)	(10,417)
Proceeds from the disposition of aircraft related equipment	1,124	117
Purchases of investments	(263,161)	(655,266)
Sales of investments	307,780	117,857
Net cash provided by (used in) investing activities	36,677	(547,709)
Cash flows from Financing Activities:
Proceeds from the issuance of common stock	0	68,132
Long-term borrowings	0	1,220,259
Repayments of long-term debt and finance lease obligations	(66,704)	(328,256)
Debt issuance costs and discounts	0	(24,664)
Payment for taxes withheld for stock compensation	(1,490)	(1,565)
Other	0	1,837
Net cash provided by (used in) financing activities	(68,194)	935,743
Net increase (decrease) in cash and cash equivalents	(9,363)	510,043
Cash, cash equivalents, and restricted cash - Beginning of Period	507,828	509,639
Cash, cash equivalents, and restricted cash - End of Period	$ 498,465	$ 1,019,682

General

General	3 Months Ended
	Mar. 31, 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. The Company reclassified certain prior period amounts, including (a) government grant recognition contra-expense from wages and benefits and (b) gains (losses) on investments and gains on foreign debt from Other, net in nonoperating, to its own financial statement line item to conform to the current period presentation. Unless otherwise noted, all amounts disclosed are stated before consideration of income taxes.

Restatement of Consolidated Fin

Restatement of Consolidated Financial Statements	3 Months Ended
	Mar. 31, 2022
Accounting Changes and Error Corrections [Abstract]
Restatement of Consolidated Financial Statements	Restatement of Consolidated Financial Statements Subsequent to the issuance of the Company’s financial statements for the quarter ended March 31, 2022, management determined that there was an error in the reported Consolidated Statements of Operations for the quarter ended March 31, 2022. The error stemmed from a misapplication of GAAP as the Company reported unrealized gains and losses for equity security investments through Other comprehensive income instead of through earnings. As a result, the accompanying consolidated financial statements as of, and for the quarter ended March 31, 2022, have been restated from amounts previously reported to reflect the correction of the error as well as other immaterial errors related to income taxes. The table below illustrates the effects of the restatements on the previously filed financial statements: Three Months Ended March 31, 2022 (in thousands) As Previously Reported Correction As Restated Consolidated Statements of Operations Gains (losses) on investments, net (1) $ (890) $ (11,474) $ (12,364) Gains on foreign debt (1) 11,762 — 11,762 Other, net (1) 374 — 374 Nonoperating Expense (7,019) (11,474) (18,493) Loss Before Income Taxes (154,824) (11,474) (166,298) Income tax benefit (32,015) (1,005) (33,020) Net Loss $ (122,809) $ (10,469) $ (133,278) Net Loss Per Common Stock Share: Basic $ (2.39) $ (0.21) $ (2.60) Diluted $ (2.39) $ (0.21) $ (2.60) (1) The Company reclassified amounts for gains (losses) on investments, net and gains on foreign debt from other, net to its own financial statement line items to conform to the fair presentation of the Company’s restated results of operations. Three Months Ended March 31, 2022 (in thousands) As Previously Reported Correction As Restated Consolidated Statements of Comprehensive Income Net Loss $ (122,809) $ (10,469) $ (133,278) Other comprehensive income (loss), net: Net change related to employee benefit plans, net of tax expense of $208 and net of tax benefit of $39 for 2022 and 2021, respectively 630 — 630 Net change in available-for-sale investments, net of tax benefit of $5,486 and $468 for 2022 and 2021, respectively (25,268) 8,628 (16,640) Total other comprehensive income (loss) (24,638) 8,628 (16,010) Total Comprehensive Loss $ (147,447) $ (1,841) $ (149,288) March 31, 2022 (in thousands) As Previously Reported Correction As Restated Consolidated Balance Sheets Deferred tax liability, net $ 147,404 $ 1,841 $ 149,245 Total Other liabilities and deferred credits 1,185,437 1,841 1,187,278 Accumulated income 258,028 (10,469) 247,559 Accumulated other comprehensive loss, net (106,476) 8,628 (97,848) Total Shareholders' Equity 422,093 (1,841) 420,252 Total Liabilities and Shareholders’ Equity $ 4,488,162 $ — $ 4,488,162 Three Months Ended March 31, 2022 (in thousands) As Previously Reported Correction As Restated Consolidated Statements of Shareholders' Equity Net Loss $ (122,809) $ (10,469) $ (133,278) Other comprehensive loss, net (24,638) 8,628 (16,010) Total Stockholders' Equity $ 422,093 $ (1,841) $ 420,252 The adjustments recorded in the restatement did not have an effect on net cash flows from operating, investing or financing activities. In addition to correcting the consolidated financial statements, related revisions and updates have been made to the following notes to the consolidated financial statements: • Note 1 - General • Note 3 - Accumulated Other Comprehensive Income (Loss) • Note 4 - Earnings (Loss) Per Share • Note 6 - Short-term Investments • Note 7 - Fair Value Measurements • Note 12 - Condensed Consolidating Financial Information

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 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 March 31, Affected line items in the statement where net income is presented 2022 2021 (in thousands) Amortization of defined benefit plan items Actuarial loss $ 532 $ 986 Nonoperating Income (Expense), Other, net Prior service cost 92 92 Nonoperating Income (Expense), Other, net Total before tax 624 1,078 Tax expense (benefit) (155) 39 Total, net of tax $ 469 $ 1,117 Short-term investments Realized loss (gain) on sales of investments, net $ 1,887 $ (76) Gains (losses) on investments, net Total before tax 1,887 (76) Income tax expense (benefit) (414) 19 Total, net of tax $ 1,473 $ (57) Total reclassifications for the period $ 1,942 $ 1,060 A roll-forward of the amounts included in accumulated other comprehensive income (loss), net of taxes, for the three months ended March 31, 2022 and 2021 is as follows: Three months ended March 31, 2022 Defined Benefit Short-Term Investments Total (in thousands) Beginning balance $ (75,025) $ (6,813) $ (81,838) Other comprehensive income (loss) before reclassifications, net of tax 161 (18,113) (17,952) Amounts reclassified from accumulated other comprehensive income (loss), net of tax 469 1,473 1,942 Net current-period other comprehensive income (loss) 630 (16,640) (16,010) Ending balance $ (74,395) $ (23,453) $ (97,848) Three months ended March 31, 2021 Defined Benefit Plan Items Short-Term Investments Total (in thousands) Beginning balance $ (116,181) $ 1,654 $ (114,527) Other comprehensive loss before reclassifications, net of tax — (1,384) (1,384) Amounts reclassified from accumulated other comprehensive income (loss), net of tax 1,117 (57) 1,060 Net current-period other comprehensive income (loss) 1,117 (1,441) (324) Ending balance $ (115,064) $ 213 $ (114,851)

Loss Per Share

Loss Per Share	3 Months Ended
	Mar. 31, 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 488,478 and 680,492 for the three months ended March 31, 2022 and 2021, respectively. The following table shows the computation of basic and diluted loss per share: Three Months Ended March 31, 2022 2021 (in thousands, except for per share data) Numerator: Net Loss $ (133,278) $ (60,691) Denominator: Weighted average common stock shares outstanding - Basic 51,288 49,472 Weighted average common stock shares outstanding - Diluted 51,288 49,472 Net Loss Per Share Basic $ (2.60) $ (1.23) Diluted $ (2.60) $ (1.23) 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 three months ended March 31, 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 month periods ending March 31, 2022 or March 31, 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 month periods ending March 31, 2022 or March 31, 2021.

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 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), management 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 March 31, 2022 2021 Geographic Information (in thousands) Domestic $ 438,416 $ 165,702 Pacific 38,798 16,515 Total operating revenue $ 477,214 $ 182,217 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 March 31, 2022 2021 Passenger Revenue by Type (in thousands) Passenger revenue, excluding frequent flyer $ 372,182 $ 124,786 Frequent flyer revenue, transportation component 31,847 12,683 Passenger Revenue $ 404,029 $ 137,469 Other revenue (e.g., cargo and other miscellaneous) $ 45,816 $ 27,216 Frequent flyer revenue, marketing and brand component 27,369 17,532 Other Revenue $ 73,185 $ 44,748 As of March 31, 2022 and December 31, 2021, the Company's Air traffic liability balance, as it relates to passenger tickets (excluding frequent flyer liability), was $575.1 million and $448.2 million, respectively, which generally represents revenue that is expected to be realized in future periods. During the three months ended March 31, 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 $198.8 million and $30.9 million, respectively. Passenger revenue associated with unused tickets, which represents unexercised passenger rights, 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 trend rate to the current Air traffic liability balances for that specific period. During the three months ended March 31, 2022, the Company recognized approximately $17.8 million in advanced ticket breakage. Given the ongoing impact of the COVID-19 pandemic actual results along with reductions in operational capacity, the Company continues to monitor customers' travel behavior and may adjust its estimates in the future 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 March 31, 2022, and December 31, 2021, the Company's frequent flyer liability balance was $480.5 million and $466.2 million, respectively. March 31, 2022 December 31, 2021 (in thousands) Air traffic liability (current portion of frequent flyer revenue) $ 174,888 $ 169,687 Noncurrent frequent flyer deferred revenue 305,575 296,484 Total frequent flyer liability $ 480,463 $ 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 47,503 26,276 Travel miles redeemed (Passenger Revenue) (31,848) (12,683) Non-travel miles redeemed (Other Revenue) (1,363) (290) Balance at March 31 $ 480,463 $ 433,428 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, management 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 Company does not believe that the change in policy will have a material impact on its accounting estimates and will continue to evaluate the impact of this change as additional information becomes available.

Short-Term Investments

Short-Term Investments	3 Months Ended
	Mar. 31, 2022
Short-term Investments [Abstract]
Short-Term Investments	Short-Term Investments The Company's short-term investments 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, as well as unrealized gains and losses related to changes in the fair value of equity securities, are reflected in gains (losses) on investments, net within nonoperating income (expense) on the unaudited 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 March 31, 2022 and December 31, 2021: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value March 31, 2022 (in thousands) Debt securities Corporate debt $ 479,175 $ 147 $ (19,986) $ 459,336 U.S. government and agency debt 348,771 — (7,330) 341,441 Other fixed income securities 89,726 355 (2,966) 87,115 Asset-backed securities 26,167 2 (787) 25,382 Collateralized loan obligations 45,492 — (522) 44,970 Bank notes 9,634 6 — 9,640 Equity securities 204,483 — (11,474) 193,009 Other investments measured at net asset value 2,107 — (105) 2,002 Total short-term investments $ 1,205,555 $ 510 (43,170) $ 1,162,895 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 March 31, 2022 (in thousands) Debt securities Corporate debt $ 229,426 $ (14,546) $ 212,808 (5,440) $ 442,234 $ (19,986) U.S. government and agency debt 205,066 (4,695) 136,373 (2,635) 341,439 (7,330) Other fixed income securities 4,834 (2,539) 10,484 (427) 15,318 (2,966) Asset-backed securities 20,363 (756) 1,019 (31) 21,382 (787) Collateralized loan obligations 41,336 (522) — — 41,336 (522) Bank notes — — — — — — Equity securities 193,009 (11,474) — — 193,009 (11,474) Other investments measured at net asset value 2,002 (105) — — 2,002 (105) Total short-term investments $ 696,036 $ (34,637) $ 360,684 $ (8,533) $ 1,056,720 $ (43,170) 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 March 31, 2022 and December 31, 2021, the Company's unrealized losses from debt securities were generated from approximately 472 positions out of 534 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. Debt securities in a continuous unrealized loss position for twelve months or greater as of March 31, 2022 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 March 31, 2022. Accordingly, management has determined that the unrealized losses on our debt securities as of March 31, 2022 were temporary in nature. During the three months ended March 31, 2022, unrealized loss on equity securities of $11.5 million was recorded to gains (losses) on investments, net in nonoperating income (expense) on the unaudited Consolidated Statements of Operations. Contractual maturities of debt securities as of March 31, 2022 are shown below: Under 1 Year 1 to 5 Years Over 5 Years Total (in thousands) Debt Securities Corporate debt $ 31,893 $ 337,966 $ 89,477 $ 459,336 U.S. government and agency debt 13,876 320,368 7,197 341,441 Other fixed income securities 46,612 22,395 18,108 87,115 Asset-backed securities — 17,313 8,069 25,382 Collateralized loan obligations 994 — 43,976 44,970 Bank notes 1,440 4,210 3,990 9,640 Total debt securities $ 94,815 $ 702,252 $ 170,817 $ 967,884

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 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 March 31, 2022 Total Level 1 Level 2 Level 3 (in thousands) Cash equivalents $ 277,207 $ 138,709 $ 138,498 $ — Restricted cash 17,253 17,253 — — Short-term investments Debt securities Corporate debt securities 459,336 — 453,788 5,548 U.S. government and agency securities 341,441 — 341,441 — Other fixed income securities 87,115 — 87,115 — Asset-backed securities 25,382 — 18,729 6,653 Collateralized loan obligations 44,970 — 41,336 3,634 Bank notes 9,640 — 1,499 8,141 Equity securities 193,009 193,009 — — Other investments measured at net asset value 2,002 — — — Total short-term investments 1,162,895 193,009 943,908 23,976 Assets held for sale 28,443 — — 28,443 Total assets measured at fair value $ 1,485,798 $ 348,971 $ 1,082,406 $ 52,419 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 March 31, 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 unaudited 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 three months ended March 31, 2022 is as follows: Short-term Investment Activity for the three months ended March 31, 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 2,711 1,440 1,050 5,548 10,749 Redemptions and paydowns — (66) (865) — (931) Amortization and accretion, net 63 8 127 — 198 Realized and unrealized gains (losses), net (124) 6 — — (118) Ending balance as of March 31, 2022 $ 6,653 $ 8,141 $ 3,634 $ 5,548 $ 23,976 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 11 to the Notes to Consolidated Financial Statements for additional discussion. The reconciliation of our assets held for sale measured at fair value on a recurring basis using unobservable inputs (Level 3) for the three months ended March 31, 2022 is as follows: Assets Held for Sale Activity for the three months ended March 31, 2022 (in thousands) Beginning balance as of December 31, 2021 $ 29,449 Additions — Sales (1,006) Ending balance as of March 31, 2022 $ 28,443 The table below presents the Company’s debt measured at fair value: Fair Value of Debt March 31, 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) $ 1,767,034 $ 1,628,853 $ — $ — $ 1,628,853 $ 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	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Debt	Debt Long-term debt, net of unamortized discounts and issuance costs, is outlined as follows: March 31, 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 27,738 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 24,818 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 81,806 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 63,182 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 45,117 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 17,252 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 (35,511) (37,560) Total Debt $ 1,731,523 $ 1,801,394 Less: Current maturities of long-term debt (60,431) (97,096) Long-Term Debt, less discount $ 1,671,092 $ 1,704,298 Revolving Credit Facility As of March 31, 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, which is reflected in nonoperating income (expense) in the Consolidated Statement of Operations. Schedule of Debt Maturities As of March 31, 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 $ 37,138 2023 61,972 2024 59,845 2025 76,332 2026 1,346,685 Thereafter 185,062 $ 1,767,034 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 March 31, 2022.

Employee Benefit Plans

Employee Benefit Plans	3 Months Ended
	Mar. 31, 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 March 31, Components of Net Period Benefit Cost 2022 2021 (in thousands) Service cost $ 2,392 $ 2,739 Other cost: Interest cost 4,561 4,216 Expected return on plan assets (6,471) (6,275) Recognized net actuarial loss 624 1,078 Total other components of the net periodic benefit cost (1,286) (981) Net periodic benefit cost $ 1,106 $ 1,758 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 months ended March 31, 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	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	Commitments and Contingent Liabilities Commitments As of March 31, 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 March 31, 2022 are detailed below: Aircraft and aircraft related Other Total Committed (in thousands) Remaining in 2022 $ 79,341 $ 21,424 $ 100,765 2023 422,238 28,885 451,123 2024 503,272 26,704 529,976 2025 410,957 18,011 428,968 2026 233,822 13,640 247,462 Thereafter — 27,082 27,082 $ 1,649,630 $ 135,746 $ 1,785,376 Litigation and Contingencies The Company is subject to legal proceedings arising in the normal course of its operations. Management 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 March 31, 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	3 Months Ended
	Mar. 31, 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: • Management 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, management 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. • Management committed to a plan to sell certain commercial real-estate assets held by one of the Company's subsidiaries. Management 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. As of March 31, 2022 and December 31, 2021, the Company had approximately $28.4 million and $29.4 million, respectively, in Assets held for sale on the Consolidated Balance Sheets. Management expects to complete the sale of the above referenced assets within the upcoming 12 months, and will continue to monitor the asset groups for potential impairment.

Condensed Consolidating Financi

Condensed Consolidating Financial Information	3 Months Ended
	Mar. 31, 2022
Condensed Financial Information Disclosure [Abstract]
Condensed Consolidating Financial Information	Condensed Consolidating Financial Information The 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 March 31, 2022 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) Operating Revenue $ — $ 476,591 $ 9,727 $ (9,104) $ 477,214 Operating Expenses: Wages and benefits — 203,099 — — 203,099 Aircraft fuel, including taxes and delivery — 150,982 — — 150,982 Maintenance, materials and repairs — 55,490 160 — 55,650 Aircraft and passenger servicing — 33,815 — — 33,815 Commissions and other selling — 20,624 230 (207) 20,647 Aircraft rent — 26,276 — — 26,276 Other rentals and landing fees — 34,640 — (29) 34,611 Depreciation and amortization — 33,755 — — 33,755 Purchased services 43 30,291 419 (66) 30,687 Other 2,218 41,839 242 (8,802) 35,497 Total 2,261 630,811 1,051 (9,104) 625,019 Operating Income (Loss) (2,261) (154,220) 8,676 — (147,805) Nonoperating Income (Expense): Undistributed net loss of subsidiaries (131,023) (9,420) — 140,443 — Interest expense and amortization of debt discounts and issuance costs — (7,324) (18,453) 740 (25,037) Interest income 7 4,425 742 (740) 4,434 Capitalized interest — 1,052 — — 1,052 Other components of net periodic pension cost — 1,286 — — 1,286 Losses on investments — (12,364) — — (12,364) Gains on foreign debt — 11,762 — — 11,762 Other, net — 374 — — 374 Total (131,016) (10,209) (17,711) 140,443 (18,493) Loss Before Income Taxes (133,277) (164,429) (9,035) 140,443 (166,298) Income tax benefit — (33,020) — — (33,020) Net Income $ (133,277) $ (131,409) $ (9,035) $ 140,443 $ (133,278) Comprehensive Loss $ (149,288) $ (147,419) $ (9,035) $ 156,454 $ (149,288) Condensed Consolidating Statements of Operations and Comprehensive Loss Three months ended March 31, 2021 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) Operating Revenue $ — $ 181,538 $ 3,423 $ (2,744) $ 182,217 Operating Expenses: Wages and benefits — 160,079 — — 160,079 Aircraft fuel, including taxes and delivery — 47,736 — — 47,736 Maintenance, materials and repairs — 34,237 15 — 34,252 Aircraft and passenger servicing — 17,251 — — 17,251 Commissions and other selling — 11,421 9 (21) 11,409 Aircraft rent — 29,841 — — 29,841 Depreciation and amortization — 34,459 897 — 35,356 Other rentals and landing fees — 19,697 — (29) 19,668 Purchased services 1,888 24,570 313 (2,674) 24,097 Government grant recognition — (147,270) — — (147,270) Other 1,726 20,961 295 (20) 22,962 Total 3,614 252,982 1,529 (2,744) 255,381 Operating Income (Loss) (3,614) (71,444) 1,894 — (73,164) Nonoperating Income (Expense): Undistributed net loss of subsidiaries (57,087) (10,817) — 67,904 — Interest expense and amortization of debt discounts and issuance costs — (12,908) (11,238) 453 (23,693) Interest income 10 1,239 453 (453) 1,249 Capitalized interest — 684 — — 684 Gains on fuel derivatives — 217 — — 217 Loss on extinguishment of debt — (3,994) — — (3,994) Other components of net periodic pension cost — 981 — — 981 Gains on investments — 77 — — 77 Gains on foreign debt — 19,234 — — 19,234 Other, net — 1,585 — — 1,585 Total (57,077) (3,702) (10,785) 67,904 (3,660) Loss Before Income Taxes (60,691) (75,146) (8,891) 67,904 (76,824) Income tax expense (benefit) — (16,133) — — (16,133) Net Loss $ (60,691) $ (59,013) $ (8,891) $ 67,904 $ (60,691) Comprehensive Loss $ (61,015) $ (59,337) $ (8,891) $ 68,228 $ (61,015) Condensed Consolidating Balance Sheets March 31, 2022 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) ASSETS Current assets: Cash and cash equivalents $ 19,010 $ 429,354 $ 32,848 $ — $ 481,212 Restricted cash — — 17,253 — 17,253 Short-term investments — 1,162,895 — — 1,162,895 Accounts receivable, net — 90,018 14,988 (13,871) 91,135 Income taxes receivable — 72,792 — — 72,792 Spare parts and supplies, net — 35,923 — — 35,923 Prepaid expenses and other — 60,048 257 — 60,305 Total 19,010 1,851,030 65,346 (13,871) 1,921,515 Property and equipment at cost — 2,965,210 — — 2,965,210 Less accumulated depreciation and amortization — (1,033,614) — — (1,033,614) Property and equipment, net — 1,931,596 — — 1,931,596 Assets held for sale — 949 27,494 — 28,443 Operating lease right-of-use assets — 516,355 — — 516,355 Long-term prepayments and other 50 76,236 1,200,467 (1,200,000) 76,753 Goodwill and other intangible assets, net — — 13,500 — 13,500 Intercompany receivable — 573,708 — (573,708) — Investment in consolidated subsidiaries 862,641 (35,763) 503 (827,381) — TOTAL ASSETS $ 881,701 $ 4,914,111 $ 1,307,310 $ (2,614,960) $ 4,488,162 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ 994 $ 137,110 $ 2,147 $ (10,419) $ 129,832 Air traffic liability and current frequent flyer deferred revenue — 749,561 11,222 — 760,783 Other accrued liabilities — 147,423 13,716 (3,452) 157,687 Current maturities of long-term debt, less discount — 60,431 — — 60,431 Current maturities of finance lease obligations — 23,607 — — 23,607 Current maturities of operating leases — 77,200 — — 77,200 Total 994 1,195,332 27,085 (13,871) 1,209,540 Long-term debt — 1,690,221 1,180,871 (1,200,000) 1,671,092 Intercompany payable 460,455 — 113,253 (573,708) — Other liabilities and deferred credits: Noncurrent finance lease obligations — 95,173 — — 95,173 Noncurrent operating leases — 404,378 — — 404,378 Accumulated pension and other post-retirement benefit obligations — 155,457 — — 155,457 Other liabilities and deferred credits — 77,298 152 — 77,450 Noncurrent frequent flyer deferred revenue — 305,575 — — 305,575 Deferred tax liabilities, net — 149,245 — — 149,245 Total — 1,187,126 152 — 1,187,278 Shareholders’ equity 420,252 841,432 (14,051) (827,381) 420,252 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 881,701 $ 4,914,111 $ 1,307,310 $ (2,614,960) $ 4,488,162 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 Three months ended March 31, 2022 Parent Issuer / Subsidiary Non- Eliminations Consolidated (in thousands) Net Cash Provided By (Used In) Operating Activities $ (1,442) $ 28,203 $ (4,607) $ — $ 22,154 Cash Flows From Investing Activities: Net payments to affiliates — (886) 1,237 (351) — Additions to property and equipment, including pre-delivery deposits — (9,066) — — (9,066) Proceeds from the disposition of aircraft related equipment — 63 1,061 — 1,124 Purchases of investments — (263,161) — — (263,161) Sales of investments — 307,780 — — 307,780 Net cash provided by (used in) investing activities — 34,730 2,298 (351) 36,677 Cash Flows From Financing Activities: Repayments of long-term debt and finance lease obligations — (66,704) — — (66,704) Net payments from affiliates (351) — — 351 — Payment for taxes withheld for stock compensation — (1,490) — — (1,490) Net cash used in financing activities (351) (68,194) — 351 (68,194) Net decrease in cash and cash equivalents (1,793) (5,261) (2,309) — (9,363) Cash, cash equivalents, & restricted cash - Beginning of Period 20,803 434,615 52,410 — 507,828 Cash, cash equivalents, & restricted cash - End of Period $ 19,010 $ 429,354 $ 50,101 $ — $ 498,465 Condensed Consolidating Statements of Cash Flows Three months ended March 31, 2021 Parent Issuer / Subsidiary Non- Eliminations Consolidated (in thousands) Net Cash Provided By (Used In) Operating Activities $ (3,448) $ 114,495 $ 10,962 $ — $ 122,009 Cash Flows From Investing Activities: Net payments to affiliates (900) 1,207,207 (1,130,946) (75,361) — Additions to property and equipment, including pre-delivery deposits — (10,215) (202) — (10,417) Proceeds from the disposition of aircraft related equipment — 117 — — 117 Purchases of investments — (655,266) — — (655,266) Sales of investments — 117,857 — — 117,857 Net cash provided by (used in) investing activities (900) 659,700 (1,131,148) (75,361) (547,709) Cash Flows From Financing Activities: Proceeds from the issuance of common stock 68,132 — — — 68,132 Long-term borrowings — 20,259 1,200,000 — 1,220,259 Repayments of long-term debt and finance lease obligations — (328,256) — — (328,256) Debt issuance costs — — (24,664) — (24,664) Net payments from affiliates (76,261) — 900 75,361 — Payment for taxes withheld for stock compensation — (1,565) — — (1,565) Other 1,837 — — — 1,837 Net cash provided by (used in) financing activities (6,292) (309,562) 1,176,236 75,361 935,743 Net increase (decrease) in cash and cash equivalents (10,640) 464,633 56,050 — 510,043 Cash, cash equivalents, & restricted cash - Beginning of Period 24,088 476,409 9,142 — 509,639 Cash, cash equivalents, & restricted cash - End of Period $ 13,448 $ 941,042 $ 65,192 $ — $ 1,019,682

Restatement of Consolidated F_2

Restatement of Consolidated Financial Statements (Tables)	3 Months Ended
	Mar. 31, 2022
Accounting Changes and Error Corrections [Abstract]
Schedule of Restatements on Previously Filed Financial Statements	The table below illustrates the effects of the restatements on the previously filed financial statements: Three Months Ended March 31, 2022 (in thousands) As Previously Reported Correction As Restated Consolidated Statements of Operations Gains (losses) on investments, net (1) $ (890) $ (11,474) $ (12,364) Gains on foreign debt (1) 11,762 — 11,762 Other, net (1) 374 — 374 Nonoperating Expense (7,019) (11,474) (18,493) Loss Before Income Taxes (154,824) (11,474) (166,298) Income tax benefit (32,015) (1,005) (33,020) Net Loss $ (122,809) $ (10,469) $ (133,278) Net Loss Per Common Stock Share: Basic $ (2.39) $ (0.21) $ (2.60) Diluted $ (2.39) $ (0.21) $ (2.60) (1) The Company reclassified amounts for gains (losses) on investments, net and gains on foreign debt from other, net to its own financial statement line items to conform to the fair presentation of the Company’s restated results of operations. Three Months Ended March 31, 2022 (in thousands) As Previously Reported Correction As Restated Consolidated Statements of Comprehensive Income Net Loss $ (122,809) $ (10,469) $ (133,278) Other comprehensive income (loss), net: Net change related to employee benefit plans, net of tax expense of $208 and net of tax benefit of $39 for 2022 and 2021, respectively 630 — 630 Net change in available-for-sale investments, net of tax benefit of $5,486 and $468 for 2022 and 2021, respectively (25,268) 8,628 (16,640) Total other comprehensive income (loss) (24,638) 8,628 (16,010) Total Comprehensive Loss $ (147,447) $ (1,841) $ (149,288) March 31, 2022 (in thousands) As Previously Reported Correction As Restated Consolidated Balance Sheets Deferred tax liability, net $ 147,404 $ 1,841 $ 149,245 Total Other liabilities and deferred credits 1,185,437 1,841 1,187,278 Accumulated income 258,028 (10,469) 247,559 Accumulated other comprehensive loss, net (106,476) 8,628 (97,848) Total Shareholders' Equity 422,093 (1,841) 420,252 Total Liabilities and Shareholders’ Equity $ 4,488,162 $ — $ 4,488,162 Three Months Ended March 31, 2022 (in thousands) As Previously Reported Correction As Restated Consolidated Statements of Shareholders' Equity Net Loss $ (122,809) $ (10,469) $ (133,278) Other comprehensive loss, net (24,638) 8,628 (16,010) Total Stockholders' Equity $ 422,093 $ (1,841) $ 420,252

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 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 March 31, Affected line items in the statement where net income is presented 2022 2021 (in thousands) Amortization of defined benefit plan items Actuarial loss $ 532 $ 986 Nonoperating Income (Expense), Other, net Prior service cost 92 92 Nonoperating Income (Expense), Other, net Total before tax 624 1,078 Tax expense (benefit) (155) 39 Total, net of tax $ 469 $ 1,117 Short-term investments Realized loss (gain) on sales of investments, net $ 1,887 $ (76) Gains (losses) on investments, net Total before tax 1,887 (76) Income tax expense (benefit) (414) 19 Total, net of tax $ 1,473 $ (57) Total reclassifications for the period $ 1,942 $ 1,060
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 months ended March 31, 2022 and 2021 is as follows: Three months ended March 31, 2022 Defined Benefit Short-Term Investments Total (in thousands) Beginning balance $ (75,025) $ (6,813) $ (81,838) Other comprehensive income (loss) before reclassifications, net of tax 161 (18,113) (17,952) Amounts reclassified from accumulated other comprehensive income (loss), net of tax 469 1,473 1,942 Net current-period other comprehensive income (loss) 630 (16,640) (16,010) Ending balance $ (74,395) $ (23,453) $ (97,848) Three months ended March 31, 2021 Defined Benefit Plan Items Short-Term Investments Total (in thousands) Beginning balance $ (116,181) $ 1,654 $ (114,527) Other comprehensive loss before reclassifications, net of tax — (1,384) (1,384) Amounts reclassified from accumulated other comprehensive income (loss), net of tax 1,117 (57) 1,060 Net current-period other comprehensive income (loss) 1,117 (1,441) (324) Ending balance $ (115,064) $ 213 $ (114,851)

Loss Per Share (Tables)

Loss Per Share (Tables)	3 Months Ended
	Mar. 31, 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 March 31, 2022 2021 (in thousands, except for per share data) Numerator: Net Loss $ (133,278) $ (60,691) Denominator: Weighted average common stock shares outstanding - Basic 51,288 49,472 Weighted average common stock shares outstanding - Diluted 51,288 49,472 Net Loss Per Share Basic $ (2.60) $ (1.23) Diluted $ (2.60) $ (1.23)

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 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 March 31, 2022 2021 Geographic Information (in thousands) Domestic $ 438,416 $ 165,702 Pacific 38,798 16,515 Total operating revenue $ 477,214 $ 182,217 Three Months Ended March 31, 2022 2021 Passenger Revenue by Type (in thousands) Passenger revenue, excluding frequent flyer $ 372,182 $ 124,786 Frequent flyer revenue, transportation component 31,847 12,683 Passenger Revenue $ 404,029 $ 137,469 Other revenue (e.g., cargo and other miscellaneous) $ 45,816 $ 27,216 Frequent flyer revenue, marketing and brand component 27,369 17,532 Other Revenue $ 73,185 $ 44,748
Schedule of frequent flyer liability for future award redemptions	As of March 31, 2022, and December 31, 2021, the Company's frequent flyer liability balance was $480.5 million and $466.2 million, respectively. March 31, 2022 December 31, 2021 (in thousands) Air traffic liability (current portion of frequent flyer revenue) $ 174,888 $ 169,687 Noncurrent frequent flyer deferred revenue 305,575 296,484 Total frequent flyer liability $ 480,463 $ 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 47,503 26,276 Travel miles redeemed (Passenger Revenue) (31,848) (12,683) Non-travel miles redeemed (Other Revenue) (1,363) (290) Balance at March 31 $ 480,463 $ 433,428

Short-Term Investments (Tables)

Short-Term Investments (Tables)	3 Months Ended
	Mar. 31, 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 March 31, 2022 and December 31, 2021: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value March 31, 2022 (in thousands) Debt securities Corporate debt $ 479,175 $ 147 $ (19,986) $ 459,336 U.S. government and agency debt 348,771 — (7,330) 341,441 Other fixed income securities 89,726 355 (2,966) 87,115 Asset-backed securities 26,167 2 (787) 25,382 Collateralized loan obligations 45,492 — (522) 44,970 Bank notes 9,634 6 — 9,640 Equity securities 204,483 — (11,474) 193,009 Other investments measured at net asset value 2,107 — (105) 2,002 Total short-term investments $ 1,205,555 $ 510 (43,170) $ 1,162,895 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 March 31, 2022 (in thousands) Debt securities Corporate debt $ 229,426 $ (14,546) $ 212,808 (5,440) $ 442,234 $ (19,986) U.S. government and agency debt 205,066 (4,695) 136,373 (2,635) 341,439 (7,330) Other fixed income securities 4,834 (2,539) 10,484 (427) 15,318 (2,966) Asset-backed securities 20,363 (756) 1,019 (31) 21,382 (787) Collateralized loan obligations 41,336 (522) — — 41,336 (522) Bank notes — — — — — — Equity securities 193,009 (11,474) — — 193,009 (11,474) Other investments measured at net asset value 2,002 (105) — — 2,002 (105) Total short-term investments $ 696,036 $ (34,637) $ 360,684 $ (8,533) $ 1,056,720 $ (43,170) 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 debt securities as of March 31, 2022 are shown below: Under 1 Year 1 to 5 Years Over 5 Years Total (in thousands) Debt Securities Corporate debt $ 31,893 $ 337,966 $ 89,477 $ 459,336 U.S. government and agency debt 13,876 320,368 7,197 341,441 Other fixed income securities 46,612 22,395 18,108 87,115 Asset-backed securities — 17,313 8,069 25,382 Collateralized loan obligations 994 — 43,976 44,970 Bank notes 1,440 4,210 3,990 9,640 Total debt securities $ 94,815 $ 702,252 $ 170,817 $ 967,884

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 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 March 31, 2022 Total Level 1 Level 2 Level 3 (in thousands) Cash equivalents $ 277,207 $ 138,709 $ 138,498 $ — Restricted cash 17,253 17,253 — — Short-term investments Debt securities Corporate debt securities 459,336 — 453,788 5,548 U.S. government and agency securities 341,441 — 341,441 — Other fixed income securities 87,115 — 87,115 — Asset-backed securities 25,382 — 18,729 6,653 Collateralized loan obligations 44,970 — 41,336 3,634 Bank notes 9,640 — 1,499 8,141 Equity securities 193,009 193,009 — — Other investments measured at net asset value 2,002 — — — Total short-term investments 1,162,895 193,009 943,908 23,976 Assets held for sale 28,443 — — 28,443 Total assets measured at fair value $ 1,485,798 $ 348,971 $ 1,082,406 $ 52,419 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 three months ended March 31, 2022 is as follows: Short-term Investment Activity for the three months ended March 31, 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 2,711 1,440 1,050 5,548 10,749 Redemptions and paydowns — (66) (865) — (931) Amortization and accretion, net 63 8 127 — 198 Realized and unrealized gains (losses), net (124) 6 — — (118) Ending balance as of March 31, 2022 $ 6,653 $ 8,141 $ 3,634 $ 5,548 $ 23,976 The reconciliation of our assets held for sale measured at fair value on a recurring basis using unobservable inputs (Level 3) for the three months ended March 31, 2022 is as follows: Assets Held for Sale Activity for the three months ended March 31, 2022 (in thousands) Beginning balance as of December 31, 2021 $ 29,449 Additions — Sales (1,006) Ending balance as of March 31, 2022 $ 28,443
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 March 31, 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) $ 1,767,034 $ 1,628,853 $ — $ — $ 1,628,853 $ 1,838,954 $ 1,808,530 $ — $ — $ 1,808,530

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of long-term debt	Long-term debt, net of unamortized discounts and issuance costs, is outlined as follows: March 31, 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 27,738 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 24,818 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 81,806 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 63,182 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 45,117 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 17,252 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 (35,511) (37,560) Total Debt $ 1,731,523 $ 1,801,394 Less: Current maturities of long-term debt (60,431) (97,096) Long-Term Debt, less discount $ 1,671,092 $ 1,704,298
Schedule of maturities of long-term debt	As of March 31, 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 $ 37,138 2023 61,972 2024 59,845 2025 76,332 2026 1,346,685 Thereafter 185,062 $ 1,767,034

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	3 Months Ended
	Mar. 31, 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 March 31, Components of Net Period Benefit Cost 2022 2021 (in thousands) Service cost $ 2,392 $ 2,739 Other cost: Interest cost 4,561 4,216 Expected return on plan assets (6,471) (6,275) Recognized net actuarial loss 624 1,078 Total other components of the net periodic benefit cost (1,286) (981) Net periodic benefit cost $ 1,106 $ 1,758

Commitments and Contingent Li_2

Commitments and Contingent Liabilities (Tables)	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of firm aircraft and engine orders and purchase rights	As of March 31, 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 March 31, 2022 are detailed below: Aircraft and aircraft related Other Total Committed (in thousands) Remaining in 2022 $ 79,341 $ 21,424 $ 100,765 2023 422,238 28,885 451,123 2024 503,272 26,704 529,976 2025 410,957 18,011 428,968 2026 233,822 13,640 247,462 Thereafter — 27,082 27,082 $ 1,649,630 $ 135,746 $ 1,785,376

Condensed Consolidating Finan_2

Condensed Consolidating Financial Information (Tables)	3 Months Ended
	Mar. 31, 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 March 31, 2022 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) Operating Revenue $ — $ 476,591 $ 9,727 $ (9,104) $ 477,214 Operating Expenses: Wages and benefits — 203,099 — — 203,099 Aircraft fuel, including taxes and delivery — 150,982 — — 150,982 Maintenance, materials and repairs — 55,490 160 — 55,650 Aircraft and passenger servicing — 33,815 — — 33,815 Commissions and other selling — 20,624 230 (207) 20,647 Aircraft rent — 26,276 — — 26,276 Other rentals and landing fees — 34,640 — (29) 34,611 Depreciation and amortization — 33,755 — — 33,755 Purchased services 43 30,291 419 (66) 30,687 Other 2,218 41,839 242 (8,802) 35,497 Total 2,261 630,811 1,051 (9,104) 625,019 Operating Income (Loss) (2,261) (154,220) 8,676 — (147,805) Nonoperating Income (Expense): Undistributed net loss of subsidiaries (131,023) (9,420) — 140,443 — Interest expense and amortization of debt discounts and issuance costs — (7,324) (18,453) 740 (25,037) Interest income 7 4,425 742 (740) 4,434 Capitalized interest — 1,052 — — 1,052 Other components of net periodic pension cost — 1,286 — — 1,286 Losses on investments — (12,364) — — (12,364) Gains on foreign debt — 11,762 — — 11,762 Other, net — 374 — — 374 Total (131,016) (10,209) (17,711) 140,443 (18,493) Loss Before Income Taxes (133,277) (164,429) (9,035) 140,443 (166,298) Income tax benefit — (33,020) — — (33,020) Net Income $ (133,277) $ (131,409) $ (9,035) $ 140,443 $ (133,278) Comprehensive Loss $ (149,288) $ (147,419) $ (9,035) $ 156,454 $ (149,288) Condensed Consolidating Statements of Operations and Comprehensive Loss Three months ended March 31, 2021 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) Operating Revenue $ — $ 181,538 $ 3,423 $ (2,744) $ 182,217 Operating Expenses: Wages and benefits — 160,079 — — 160,079 Aircraft fuel, including taxes and delivery — 47,736 — — 47,736 Maintenance, materials and repairs — 34,237 15 — 34,252 Aircraft and passenger servicing — 17,251 — — 17,251 Commissions and other selling — 11,421 9 (21) 11,409 Aircraft rent — 29,841 — — 29,841 Depreciation and amortization — 34,459 897 — 35,356 Other rentals and landing fees — 19,697 — (29) 19,668 Purchased services 1,888 24,570 313 (2,674) 24,097 Government grant recognition — (147,270) — — (147,270) Other 1,726 20,961 295 (20) 22,962 Total 3,614 252,982 1,529 (2,744) 255,381 Operating Income (Loss) (3,614) (71,444) 1,894 — (73,164) Nonoperating Income (Expense): Undistributed net loss of subsidiaries (57,087) (10,817) — 67,904 — Interest expense and amortization of debt discounts and issuance costs — (12,908) (11,238) 453 (23,693) Interest income 10 1,239 453 (453) 1,249 Capitalized interest — 684 — — 684 Gains on fuel derivatives — 217 — — 217 Loss on extinguishment of debt — (3,994) — — (3,994) Other components of net periodic pension cost — 981 — — 981 Gains on investments — 77 — — 77 Gains on foreign debt — 19,234 — — 19,234 Other, net — 1,585 — — 1,585 Total (57,077) (3,702) (10,785) 67,904 (3,660) Loss Before Income Taxes (60,691) (75,146) (8,891) 67,904 (76,824) Income tax expense (benefit) — (16,133) — — (16,133) Net Loss $ (60,691) $ (59,013) $ (8,891) $ 67,904 $ (60,691) Comprehensive Loss $ (61,015) $ (59,337) $ (8,891) $ 68,228 $ (61,015)
Schedule of condensed consolidating balance sheets	Condensed Consolidating Balance Sheets March 31, 2022 Parent Issuer / Subsidiary Non-Guarantor Eliminations Consolidated (in thousands) ASSETS Current assets: Cash and cash equivalents $ 19,010 $ 429,354 $ 32,848 $ — $ 481,212 Restricted cash — — 17,253 — 17,253 Short-term investments — 1,162,895 — — 1,162,895 Accounts receivable, net — 90,018 14,988 (13,871) 91,135 Income taxes receivable — 72,792 — — 72,792 Spare parts and supplies, net — 35,923 — — 35,923 Prepaid expenses and other — 60,048 257 — 60,305 Total 19,010 1,851,030 65,346 (13,871) 1,921,515 Property and equipment at cost — 2,965,210 — — 2,965,210 Less accumulated depreciation and amortization — (1,033,614) — — (1,033,614) Property and equipment, net — 1,931,596 — — 1,931,596 Assets held for sale — 949 27,494 — 28,443 Operating lease right-of-use assets — 516,355 — — 516,355 Long-term prepayments and other 50 76,236 1,200,467 (1,200,000) 76,753 Goodwill and other intangible assets, net — — 13,500 — 13,500 Intercompany receivable — 573,708 — (573,708) — Investment in consolidated subsidiaries 862,641 (35,763) 503 (827,381) — TOTAL ASSETS $ 881,701 $ 4,914,111 $ 1,307,310 $ (2,614,960) $ 4,488,162 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts payable $ 994 $ 137,110 $ 2,147 $ (10,419) $ 129,832 Air traffic liability and current frequent flyer deferred revenue — 749,561 11,222 — 760,783 Other accrued liabilities — 147,423 13,716 (3,452) 157,687 Current maturities of long-term debt, less discount — 60,431 — — 60,431 Current maturities of finance lease obligations — 23,607 — — 23,607 Current maturities of operating leases — 77,200 — — 77,200 Total 994 1,195,332 27,085 (13,871) 1,209,540 Long-term debt — 1,690,221 1,180,871 (1,200,000) 1,671,092 Intercompany payable 460,455 — 113,253 (573,708) — Other liabilities and deferred credits: Noncurrent finance lease obligations — 95,173 — — 95,173 Noncurrent operating leases — 404,378 — — 404,378 Accumulated pension and other post-retirement benefit obligations — 155,457 — — 155,457 Other liabilities and deferred credits — 77,298 152 — 77,450 Noncurrent frequent flyer deferred revenue — 305,575 — — 305,575 Deferred tax liabilities, net — 149,245 — — 149,245 Total — 1,187,126 152 — 1,187,278 Shareholders’ equity 420,252 841,432 (14,051) (827,381) 420,252 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 881,701 $ 4,914,111 $ 1,307,310 $ (2,614,960) $ 4,488,162 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 Three months ended March 31, 2022 Parent Issuer / Subsidiary Non- Eliminations Consolidated (in thousands) Net Cash Provided By (Used In) Operating Activities $ (1,442) $ 28,203 $ (4,607) $ — $ 22,154 Cash Flows From Investing Activities: Net payments to affiliates — (886) 1,237 (351) — Additions to property and equipment, including pre-delivery deposits — (9,066) — — (9,066) Proceeds from the disposition of aircraft related equipment — 63 1,061 — 1,124 Purchases of investments — (263,161) — — (263,161) Sales of investments — 307,780 — — 307,780 Net cash provided by (used in) investing activities — 34,730 2,298 (351) 36,677 Cash Flows From Financing Activities: Repayments of long-term debt and finance lease obligations — (66,704) — — (66,704) Net payments from affiliates (351) — — 351 — Payment for taxes withheld for stock compensation — (1,490) — — (1,490) Net cash used in financing activities (351) (68,194) — 351 (68,194) Net decrease in cash and cash equivalents (1,793) (5,261) (2,309) — (9,363) Cash, cash equivalents, & restricted cash - Beginning of Period 20,803 434,615 52,410 — 507,828 Cash, cash equivalents, & restricted cash - End of Period $ 19,010 $ 429,354 $ 50,101 $ — $ 498,465 Condensed Consolidating Statements of Cash Flows Three months ended March 31, 2021 Parent Issuer / Subsidiary Non- Eliminations Consolidated (in thousands) Net Cash Provided By (Used In) Operating Activities $ (3,448) $ 114,495 $ 10,962 $ — $ 122,009 Cash Flows From Investing Activities: Net payments to affiliates (900) 1,207,207 (1,130,946) (75,361) — Additions to property and equipment, including pre-delivery deposits — (10,215) (202) — (10,417) Proceeds from the disposition of aircraft related equipment — 117 — — 117 Purchases of investments — (655,266) — — (655,266) Sales of investments — 117,857 — — 117,857 Net cash provided by (used in) investing activities (900) 659,700 (1,131,148) (75,361) (547,709) Cash Flows From Financing Activities: Proceeds from the issuance of common stock 68,132 — — — 68,132 Long-term borrowings — 20,259 1,200,000 — 1,220,259 Repayments of long-term debt and finance lease obligations — (328,256) — — (328,256) Debt issuance costs — — (24,664) — (24,664) Net payments from affiliates (76,261) — 900 75,361 — Payment for taxes withheld for stock compensation — (1,565) — — (1,565) Other 1,837 — — — 1,837 Net cash provided by (used in) financing activities (6,292) (309,562) 1,176,236 75,361 935,743 Net increase (decrease) in cash and cash equivalents (10,640) 464,633 56,050 — 510,043 Cash, cash equivalents, & restricted cash - Beginning of Period 24,088 476,409 9,142 — 509,639 Cash, cash equivalents, & restricted cash - End of Period $ 13,448 $ 941,042 $ 65,192 $ — $ 1,019,682

Restatement of Consolidated F_3

Restatement of Consolidated Financial Statements (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Dec. 31, 2020
Consolidated Statements of Operations
Gains (losses) on investments, net	$ (12,364)	$ 77
Gains on foreign debt	11,762	19,234
Other, net	374	1,585
Nonoperating Expense	(18,493)	(3,660)
Loss Before Income Taxes	(166,298)	(76,824)
Income tax benefit	(33,020)	(16,133)
Net Loss	$ (133,278)	$ (60,691)
Net Loss Per Common Stock Share:
Basic (in dollars per share)	$ (2.60)	$ (1.23)
Diluted (in dollars per share)	$ (2.60)	$ (1.23)
Consolidated Statements of Comprehensive Income
Net Loss	$ (133,278)	$ (60,691)
Other comprehensive income (loss), net:
Net change related to employee benefit plans, net of tax expense of $208 and net of tax benefit of $39 for 2022 and 2021, respectively	630	1,117
Net change related to employee benefit plans, tax (expense) benefit	208	(39)
Net change in available-for-sale investments, net of tax benefit of $5,486 and $468 for 2022 and 2021, respectively	(16,640)	(1,441)
Net change in available-for-sale investments, tax benefit	5,486	468
Total other comprehensive loss	(16,010)	(324)
Total Comprehensive Loss	(149,288)	(61,015)
Consolidated Balance Sheets
Deferred tax liabilities, net	149,245		$ 186,797
Total Other liabilities and deferred credits	1,187,278		1,246,726
Accumulated income	247,559		380,837
Accumulated other comprehensive loss, net	(97,848)		(81,838)
Total Shareholders' Equity	420,252	612,002	569,086	$ 600,157
Total Liabilities and Shareholders’ Equity	4,488,162		4,631,120
Consolidated Statements of Shareholders' Equity
Net Loss	(133,278)	(60,691)
Other comprehensive loss, net	(16,010)	(324)
Total Stockholders' Equity	420,252	$ 612,002	$ 569,086	$ 600,157
As Previously Reported
Consolidated Statements of Operations
Gains (losses) on investments, net	(890)
Gains on foreign debt	11,762
Other, net	374
Nonoperating Expense	(7,019)
Loss Before Income Taxes	(154,824)
Income tax benefit	(32,015)
Net Loss	$ (122,809)
Net Loss Per Common Stock Share:
Basic (in dollars per share)	$ (2.39)
Diluted (in dollars per share)	$ (2.39)
Consolidated Statements of Comprehensive Income
Net Loss	$ (122,809)
Other comprehensive income (loss), net:
Net change related to employee benefit plans, net of tax expense of $208 and net of tax benefit of $39 for 2022 and 2021, respectively	630
Net change in available-for-sale investments, net of tax benefit of $5,486 and $468 for 2022 and 2021, respectively	(25,268)
Total other comprehensive loss	(24,638)
Total Comprehensive Loss	(147,447)
Consolidated Balance Sheets
Deferred tax liabilities, net	147,404
Total Other liabilities and deferred credits	1,185,437
Accumulated income	258,028
Accumulated other comprehensive loss, net	(106,476)
Total Shareholders' Equity	422,093
Total Liabilities and Shareholders’ Equity	4,488,162
Consolidated Statements of Shareholders' Equity
Net Loss	(122,809)
Other comprehensive loss, net	(24,638)
Total Stockholders' Equity	422,093
Correction
Consolidated Statements of Operations
Gains (losses) on investments, net	(11,474)
Gains on foreign debt	0
Other, net	0
Nonoperating Expense	(11,474)
Loss Before Income Taxes	(11,474)
Income tax benefit	(1,005)
Net Loss	$ (10,469)
Net Loss Per Common Stock Share:
Basic (in dollars per share)	$ (0.21)
Diluted (in dollars per share)	$ (0.21)
Consolidated Statements of Comprehensive Income
Net Loss	$ (10,469)
Other comprehensive income (loss), net:
Net change related to employee benefit plans, net of tax expense of $208 and net of tax benefit of $39 for 2022 and 2021, respectively	0
Net change in available-for-sale investments, net of tax benefit of $5,486 and $468 for 2022 and 2021, respectively	8,628
Total other comprehensive loss	8,628
Total Comprehensive Loss	(1,841)
Consolidated Balance Sheets
Deferred tax liabilities, net	1,841
Total Other liabilities and deferred credits	1,841
Accumulated income	(10,469)
Accumulated other comprehensive loss, net	8,628
Total Shareholders' Equity	(1,841)
Total Liabilities and Shareholders’ Equity	0
Consolidated Statements of Shareholders' Equity
Net Loss	(10,469)
Other comprehensive loss, net	8,628
Total Stockholders' Equity	$ (1,841)

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Reclassifications (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Amounts reclassified from AOCI
Nonoperating Income (Expense), Other, net	$ (374)	$ (1,585)
Income tax expense (benefit)	(33,020)	(16,133)
Total, net of tax	133,278	60,691
Net income	133,278	60,691
Amount reclassified from accumulated other comprehensive income (loss)
Amounts reclassified from AOCI
Net income	1,942	1,060
Actuarial loss | Amount reclassified from accumulated other comprehensive income (loss)
Amounts reclassified from AOCI
Nonoperating Income (Expense), Other, net	532	986
Prior service cost | Amount reclassified from accumulated other comprehensive income (loss)
Amounts reclassified from AOCI
Nonoperating Income (Expense), Other, net	92	92
Amortization of defined benefit plan items | Amount reclassified from accumulated other comprehensive income (loss)
Amounts reclassified from AOCI
Total before tax	624	1,078
Income tax expense (benefit)	(155)	39
Total, net of tax	469	1,117
Short-term investments | Amount reclassified from accumulated other comprehensive income (loss)
Amounts reclassified from AOCI
Nonoperating Income (Expense), Other, net	1,887	(76)
Total before tax	1,887	(76)
Income tax expense (benefit)	(414)	19
Total, net of tax	$ 1,473	$ (57)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) - Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Rollforward of Accumulated other comprehensive income (loss)
Beginning balance	$ 569,086	$ 600,157
Other comprehensive income (loss) before reclassifications, net of tax	(17,952)	(1,384)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	1,942	1,060
Total other comprehensive loss	(16,010)	(324)
Ending balance	420,252	612,002
Defined Benefit Plan Items
Rollforward of Accumulated other comprehensive income (loss)
Beginning balance	(75,025)	(116,181)
Other comprehensive income (loss) before reclassifications, net of tax	161	0
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	469	1,117
Total other comprehensive loss	630	1,117
Ending balance	(74,395)	(115,064)
Short-Term Investments
Rollforward of Accumulated other comprehensive income (loss)
Beginning balance	(6,813)	1,654
Other comprehensive income (loss) before reclassifications, net of tax	(18,113)	(1,384)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	1,473	(57)
Total other comprehensive loss	(16,640)	(1,441)
Ending balance	(23,453)	213
Total
Rollforward of Accumulated other comprehensive income (loss)
Beginning balance	(81,838)	(114,527)
Total other comprehensive loss	(16,010)	(324)
Ending balance	$ (97,848)	$ (114,851)

Loss Per Share - Schedule of Po

Loss Per Share - Schedule of Potential Dilution (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Earnings Per Share [Abstract]
Potentially dilutive shares excluded (in shares)	488,478	680,492
Numerator:
Net Loss	$ (133,278)	$ (60,691)
Denominator:
Weighted average common stock shares outstanding - basic (in shares)	51,288,000	49,472,000
Weighted average common stock shares outstanding - diluted (in shares)	51,288,000	49,472,000
Net Loss Per Share
Basic (in dollars per share)	$ (2.60)	$ (1.23)
Diluted (in dollars per share)	$ (2.60)	$ (1.23)

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	Mar. 31, 2022	Dec. 31, 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
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
	Mar. 31, 2022 USD ($) segment business	Mar. 31, 2021 USD ($)	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	$ 575.1		$ 448.2
Air traffic revenue recognized	198.8	$ 30.9
Passenger revenue, excluding frequent flyer | Advanced Ticket Breakage
Disaggregation of Revenue [Line Items]
Air traffic revenue recognized	$ 17.8

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation Of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Disaggregation of Revenue [Line Items]
Operating revenue	$ 477,214	$ 182,217
Passenger revenue, excluding frequent flyer
Disaggregation of Revenue [Line Items]
Operating revenue	372,182	124,786
Frequent flyer revenue, transportation component
Disaggregation of Revenue [Line Items]
Operating revenue	31,847	12,683
Passenger Revenue
Disaggregation of Revenue [Line Items]
Operating revenue	404,029	137,469
Other revenue (e.g., cargo and other miscellaneous)
Disaggregation of Revenue [Line Items]
Operating revenue	45,816	27,216
Frequent flyer revenue, marketing and brand component
Disaggregation of Revenue [Line Items]
Operating revenue	27,369	17,532
Other Revenue
Disaggregation of Revenue [Line Items]
Operating revenue	73,185	44,748
Domestic
Disaggregation of Revenue [Line Items]
Operating revenue	438,416	165,702
Pacific
Disaggregation of Revenue [Line Items]
Operating revenue	$ 38,798	$ 16,515

Revenue Recognition - Frequent

Revenue Recognition - Frequent Flyer Liability (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Air traffic liability and current frequent flyer deferred revenue	$ 760,783	$ 631,157
Noncurrent frequent flyer deferred revenue	305,575	296,484
Frequent flyer revenue
Disaggregation of Revenue [Line Items]
Air traffic liability and current frequent flyer deferred revenue	174,888	169,687
Noncurrent frequent flyer deferred revenue	305,575	296,484
Total frequent flyer liability	$ 480,463	$ 466,171	$ 433,428	$ 420,125

Revenue Recognition - Rollforwa

Revenue Recognition - Rollforward of Frequent Flyer Deferred Revenue (Details) - Frequent flyer revenue - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Movement in Deferred Revenue [Roll Forward]
Total Frequent flyer liability - beginning balance	$ 466,171	$ 420,125
Miles awarded	47,503	26,276
Travel miles redeemed (Passenger Revenue)	(31,848)	(12,683)
Non-travel miles redeemed (Other Revenue)	(1,363)	(290)
Total Frequent flyer liability - ending balance	$ 480,463	$ 433,428

Short-Term Investments (Details

Short-Term Investments (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Marketable Securities [Line Items]
Amortized Cost	$ 1,205,555	$ 1,249,927
Gross Unrealized Gains	510	1,287
Gross Unrealized Losses	(43,170)	(9,462)
Fair Value	1,162,895	1,241,752
Fair value. less than 12 months	696,036	884,025
Unrealized losses, less than 12 months	(34,637)	(8,868)
Fair value, 12 months or greater	360,684	137,436
Unrealized losses, 12 months or greater	(8,533)	(594)
Fair Value	1,056,720	1,021,461
Unrealized Losses	(43,170)	(9,462)
Contractual Maturities
Total	1,162,895	1,241,752
Debt Securities
Marketable Securities [Line Items]
Fair Value	967,884
Contractual Maturities
Under 1 Year	94,815
1 to 5 Years	702,252
Over 5 Years	170,817
Total	967,884
Corporate debt
Marketable Securities [Line Items]
Amortized Cost	479,175	450,954
Gross Unrealized Gains	147	277
Gross Unrealized Losses	(19,986)	(4,652)
Fair Value	459,336	446,579
Fair value. less than 12 months	229,426	316,719
Unrealized losses, less than 12 months	(14,546)	(4,239)
Fair value, 12 months or greater	212,808	83,889
Unrealized losses, 12 months or greater	(5,440)	(413)
Fair Value	442,234	400,608
Unrealized Losses	(19,986)	(4,652)
Contractual Maturities
Under 1 Year	31,893
1 to 5 Years	337,966
Over 5 Years	89,477
Total	459,336	446,579
U.S. government and agency debt
Marketable Securities [Line Items]
Amortized Cost	348,771	374,113
Gross Unrealized Gains	0	87
Gross Unrealized Losses	(7,330)	(1,893)
Fair Value	341,441	372,307
Fair value. less than 12 months	205,066	291,949
Unrealized losses, less than 12 months	(4,695)	(1,716)
Fair value, 12 months or greater	136,373	52,501
Unrealized losses, 12 months or greater	(2,635)	(177)
Fair Value	341,439	344,450
Unrealized Losses	(7,330)	(1,893)
Contractual Maturities
Under 1 Year	13,876
1 to 5 Years	320,368
Over 5 Years	7,197
Total	341,441	372,307
Other fixed income securities
Marketable Securities [Line Items]
Amortized Cost	89,726	142,035
Gross Unrealized Gains	355	883
Gross Unrealized Losses	(2,966)	(638)
Fair Value	87,115	142,280
Fair value. less than 12 months	4,834	28,198
Unrealized losses, less than 12 months	(2,539)	(638)
Fair value, 12 months or greater	10,484	0
Unrealized losses, 12 months or greater	(427)	0
Fair Value	15,318	28,198
Unrealized Losses	(2,966)	(638)
Contractual Maturities
Under 1 Year	46,612
1 to 5 Years	22,395
Over 5 Years	18,108
Total	87,115	142,280
Asset-backed securities
Marketable Securities [Line Items]
Amortized Cost	26,167	19,372
Gross Unrealized Gains	2	7
Gross Unrealized Losses	(787)	(71)
Fair Value	25,382	19,308
Fair value. less than 12 months	20,363	16,949
Unrealized losses, less than 12 months	(756)	(67)
Fair value, 12 months or greater	1,019	1,046
Unrealized losses, 12 months or greater	(31)	(4)
Fair Value	21,382	17,995
Unrealized Losses	(787)	(71)
Contractual Maturities
Under 1 Year	0
1 to 5 Years	17,313
Over 5 Years	8,069
Total	25,382	19,308
Collateralized loan obligations
Marketable Securities [Line Items]
Amortized Cost	45,492	51,082
Gross Unrealized Gains	0	32
Gross Unrealized Losses	(522)	(116)
Fair Value	44,970	50,998
Fair value. less than 12 months	41,336	24,030
Unrealized losses, less than 12 months	(522)	(116)
Fair value, 12 months or greater	0	0
Unrealized losses, 12 months or greater	0	0
Fair Value	41,336	24,030
Unrealized Losses	(522)	(116)
Contractual Maturities
Under 1 Year	994
1 to 5 Years	0
Over 5 Years	43,976
Total	44,970	50,998
Bank notes
Marketable Securities [Line Items]
Amortized Cost	9,634	8,110
Gross Unrealized Gains	6	0
Gross Unrealized Losses	0	(20)
Fair Value	9,640	8,090
Fair value. less than 12 months	0	3,990
Unrealized losses, less than 12 months	0	(20)
Fair value, 12 months or greater	0	0
Unrealized losses, 12 months or greater	0	0
Fair Value	0	3,990
Unrealized Losses	0	(20)
Contractual Maturities
Under 1 Year	1,440
1 to 5 Years	4,210
Over 5 Years	3,990
Total	9,640	8,090
Equity securities
Marketable Securities [Line Items]
Amortized Cost	204,483	202,068
Gross Unrealized Gains	0	1
Gross Unrealized Losses	(11,474)	(2,023)
Fair Value	193,009	200,046
Fair value. less than 12 months	193,009	200,046
Unrealized losses, less than 12 months	(11,474)	(2,023)
Fair value, 12 months or greater	0	0
Unrealized losses, 12 months or greater	0	0
Fair Value	193,009	200,046
Unrealized Losses	(11,474)	(2,023)
Contractual Maturities
Total	193,009	200,046
Other investments measured at net asset value
Marketable Securities [Line Items]
Amortized Cost	2,107	2,193
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(105)	(49)
Fair Value	2,002	2,144
Fair value. less than 12 months	2,002	2,144
Unrealized losses, less than 12 months	(105)	(49)
Fair value, 12 months or greater	0	0
Unrealized losses, 12 months or greater	0	0
Fair Value	2,002	2,144
Unrealized Losses	(105)	(49)
Contractual Maturities
Total	$ 2,002	$ 2,144

Short-Term Investments - Narrat

Short-Term Investments - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022 USD ($) position	Dec. 31, 2021 position
Short-term Investments [Abstract]
Unrealized loss on equity securities | $	$ 11.5
Number of unrealized losses from debt and equity securities generated	472	451
Number of unrealized losses from debt and equity securities	534	558

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Fair Value Measurements
Restricted cash	$ 17,253	$ 17,267
Short-term investments	1,162,895	1,241,752
Recurring basis
Fair Value Measurements
Cash equivalents	277,207	339,522
Restricted cash	17,253	17,267
Short-term investments	1,162,895	1,241,752
Equity securities	193,009	200,046
Assets held for sale	28,443	29,449
Total assets measured at fair value	1,485,798	1,627,990
Recurring basis | Fair Value Measured at Net Asset Value Per Share
Fair Value Measurements
Other investments measured at net asset value	2,002	2,144
Recurring basis | Level 1
Fair Value Measurements
Cash equivalents	138,709	239,912
Restricted cash	17,253	17,267
Short-term investments	193,009	200,046
Equity securities	193,009	200,046
Assets held for sale	0	0
Total assets measured at fair value	348,971	457,225
Recurring basis | Level 2
Fair Value Measurements
Cash equivalents	138,498	99,610
Restricted cash	0	0
Short-term investments	943,908	1,025,484
Equity securities	0	0
Assets held for sale	0	0
Total assets measured at fair value	1,082,406	1,125,094
Recurring basis | Level 3
Fair Value Measurements
Cash equivalents	0	0
Restricted cash	0	0
Short-term investments	23,976	14,078
Equity securities	0	0
Assets held for sale	28,443	29,449
Total assets measured at fair value	52,419	43,527
Corporate debt securities | Recurring basis
Fair Value Measurements
Short-term investments	459,336	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	453,788	446,579
Corporate debt securities | Recurring basis | Level 3
Fair Value Measurements
Short-term investments	5,548	0
U.S. government and agency securities | Recurring basis
Fair Value Measurements
Short-term investments	341,441	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	341,441	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	87,115	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	87,115	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	25,382	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	18,729	15,305
Asset-backed securities | Recurring basis | Level 3
Fair Value Measurements
Short-term investments	6,653	4,003
Collateralized loan obligations | Recurring basis
Fair Value Measurements
Short-term investments	44,970	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	41,336	47,676
Collateralized loan obligations | Recurring basis | Level 3
Fair Value Measurements
Short-term investments	3,634	3,322
Bank notes | Recurring basis
Fair Value Measurements
Short-term investments	9,640	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	1,499	1,337
Bank notes | Recurring basis | Level 3
Fair Value Measurements
Short-term investments	$ 8,141	$ 6,753

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) $ in Millions	Mar. 31, 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) - Level 3 - Recurring basis $ in Thousands	3 Months Ended
	Mar. 31, 2022 USD ($)
Short-term Investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 14,078
Purchases	10,749
Redemptions and paydowns	(931)
Amortization and accretion, net	198
Realized and unrealized gains (losses), net	(118)
Ending balance	23,976
Short-term Investments | Asset-backed securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	4,003
Purchases	2,711
Redemptions and paydowns	0
Amortization and accretion, net	63
Realized and unrealized gains (losses), net	(124)
Ending balance	6,653
Short-term Investments | Bank notes
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	6,753
Purchases	1,440
Redemptions and paydowns	(66)
Amortization and accretion, net	8
Realized and unrealized gains (losses), net	6
Ending balance	8,141
Short-term Investments | Collateralized loan obligations
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	3,322
Purchases	1,050
Redemptions and paydowns	(865)
Amortization and accretion, net	127
Realized and unrealized gains (losses), net	0
Ending balance	3,634
Short-term Investments | Corporate debt securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	0
Purchases	5,548
Redemptions and paydowns	0
Amortization and accretion, net	0
Realized and unrealized gains (losses), net	0
Ending balance	5,548
Assets Held For Sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	29,449
Purchases	0
Sales	(1,006)
Ending balance	$ 28,443

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	Mar. 31, 2022	Dec. 31, 2021
Fair Value Measurements
Carrying Amount	$ 1,767,034	$ 1,838,954
Fair Value	1,628,853	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	$ 1,628,853	$ 1,808,530

Debt - Long-term Debt (Details)

Debt - Long-term Debt (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Long-term debt	$ 1,767,034
Unamortized debt discount and issuance costs	(35,511)	$ (37,560)
Total Debt	1,731,523	1,801,394
Less: Current maturities of long-term debt	(60,431)	(97,096)
Long-Term Debt, less discount	$ 1,671,092	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%
Long-term debt	$ 45,117	48,245
Enhanced Equipment Trust Certificates (EETC) | Class B EETC-20
Debt Instrument [Line Items]
Interest rate	11.25%
Long-term debt	$ 17,252	19,504
1.05% Japanese Yen Denominated Debt Due May 2030
Debt Instrument [Line Items]
Interest rate	1.05%
Long-term debt	$ 27,738	30,213
1.01% Japanese Yen Denominated Debt Due June 2030
Debt Instrument [Line Items]
Interest rate	1.01%
Long-term debt	$ 24,818	26,271
0.65% Japanese Yen Denominated Debt Due March 2025
Debt Instrument [Line Items]
Interest rate	0.65%
Long-term debt	$ 81,806	91,041
0.76% Japanese Yen Denominated Debt Due September 2031
Debt Instrument [Line Items]
Interest rate	0.76%
Long-term debt	$ 63,182	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
	Feb. 28, 2021	Mar. 31, 2022	Mar. 31, 2021
Debt Instrument [Line Items]
Loss on extinguishment of debt		$ 0	$ 3,994
Economic Relief Program Facility
Debt Instrument [Line Items]
Repayments of long-term debt	$ 45,000
Loss on extinguishment of debt	$ 4,000
Revolving credit facility | Line of credit
Debt Instrument [Line Items]
Remaining borrowing capacity		$ 235,000

Debt - Maturity of Long-Term De

Debt - Maturity of Long-Term Debt (Details) $ in Thousands	Mar. 31, 2022 USD ($)
Debt Disclosure [Abstract]
Remaining months in 2022	$ 37,138
2023	61,972
2024	59,845
2025	76,332
2026	1,346,685
Thereafter	185,062
Long-term debt	$ 1,767,034

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Components of Net Period Benefit Cost
Service cost	$ 2,392,000	$ 2,739,000
Other cost:
Interest cost	4,561,000	4,216,000
Expected return on plan assets	(6,471,000)	(6,275,000)
Recognized net actuarial loss	624,000	1,078,000
Total other components of the net periodic benefit cost	(1,286,000)	(981,000)
Net periodic benefit cost	1,106,000	1,758,000
Contribution to defined benefit and other postretirement plans	$ 0	$ 0

Commitments and Contingent Li_3

Commitments and Contingent Liabilities - Orders and Purchase Rights (Details) - Aircraft and aircraft related	3 Months Ended
	Mar. 31, 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	Mar. 31, 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
General Electric GEnx engines | B787-9 aircraft
Long-term Purchase Commitment [Line Items]
Number of engines, firm order | purchase_right	20
Number of engines, purchase rights | purchase_right	20
General Electric GEnx spare engines | B787-9 aircraft
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	Mar. 31, 2022 USD ($)
Total Committed Expenditures
Remaining in 2022	$ 100,765
2023	451,123
2024	529,976
2025	428,968
2026	247,462
Thereafter	27,082
Total	1,785,376
Aircraft and aircraft related
Total Committed Expenditures
Remaining in 2022	79,341
2023	422,238
2024	503,272
2025	410,957
2026	233,822
Thereafter	0
Total	1,649,630
Other
Total Committed Expenditures
Remaining in 2022	21,424
2023	28,885
2024	26,704
2025	18,011
2026	13,640
Thereafter	27,082
Total	$ 135,746

Assets Held-For-Sale (Details)

Assets Held-For-Sale (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2021	Mar. 31, 2022	Dec. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets held for sale		$ 28,443	$ 29,449
Disposal Group, Held-for-sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets held for sale	$ 29,500	$ 28,400	$ 29,400
Disposal Group, Held-for-sale, Not Discontinued Operations | '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
Disposal Group, Held-for-sale, Not Discontinued Operations | Commercial Real Estate Assets
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets held for sale	$ 6,100

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
	Mar. 31, 2022	Mar. 31, 2021
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Operating Revenue	$ 477,214	$ 182,217
Operating Expenses:
Wages and benefits	203,099	160,079
Aircraft fuel, including taxes and delivery	150,982	47,736
Maintenance, materials and repairs	55,650	34,252
Aircraft and passenger servicing	33,815	17,251
Commissions and other selling	20,647	11,409
Aircraft rent	26,276	29,841
Other rentals and landing fees	34,611	19,668
Depreciation and amortization	33,755	35,356
Purchased services	30,687	24,097
Government grant recognition	0	(147,270)
Other	35,497	22,962
Total	625,019	255,381
Operating Income (Loss)	(147,805)	(73,164)
Nonoperating Income (Expense):
Undistributed net loss of subsidiaries	0	0
Interest expense and amortization of debt discounts and issuance costs	(25,037)	(23,693)
Interest income	4,434	1,249
Capitalized interest	1,052	684
Gains on fuel derivatives	0	217
Loss on extinguishment of debt	0	(3,994)
Other components of net periodic benefit cost	1,286	981
Gains (losses) on investments, net	(12,364)	77
Gains on foreign debt	11,762	19,234
Other, net	374	1,585
Total	(18,493)	(3,660)
Loss Before Income Taxes	(166,298)	(76,824)
Income tax expense (benefit)	(33,020)	(16,133)
Net Income (Loss)	(133,278)	(60,691)
Comprehensive Loss	(149,288)	(61,015)
Eliminations
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Operating Revenue	(9,104)	(2,744)
Operating Expenses:
Wages and benefits	0	0
Aircraft fuel, including taxes and delivery	0	0
Maintenance, materials and repairs	0	0
Aircraft and passenger servicing	0	0
Commissions and other selling	(207)	(21)
Aircraft rent	0	0
Other rentals and landing fees	(29)	(29)
Depreciation and amortization	0	0
Purchased services	(66)	(2,674)
Government grant recognition		0
Other	(8,802)	(20)
Total	(9,104)	(2,744)
Operating Income (Loss)	0	0
Nonoperating Income (Expense):
Undistributed net loss of subsidiaries	140,443	67,904
Interest expense and amortization of debt discounts and issuance costs	740	453
Interest income	(740)	(453)
Capitalized interest	0	0
Gains on fuel derivatives		0
Loss on extinguishment of debt		0
Other components of net periodic benefit cost	0	0
Gains (losses) on investments, net	0	0
Gains on foreign debt	0	0
Other, net	0	0
Total	140,443	67,904
Loss Before Income Taxes	140,443	67,904
Income tax expense (benefit)	0	0
Net Income (Loss)	140,443	67,904
Comprehensive Loss	156,454	68,228
Parent Issuer / Guarantor | Reportable legal entities
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Operating Revenue	0	0
Operating Expenses:
Wages and benefits	0	0
Aircraft fuel, including taxes and delivery	0	0
Maintenance, materials and repairs	0	0
Aircraft and passenger servicing	0	0
Commissions and other selling	0	0
Aircraft rent	0	0
Other rentals and landing fees	0	0
Depreciation and amortization	0	0
Purchased services	43	1,888
Government grant recognition		0
Other	2,218	1,726
Total	2,261	3,614
Operating Income (Loss)	(2,261)	(3,614)
Nonoperating Income (Expense):
Undistributed net loss of subsidiaries	(131,023)	(57,087)
Interest expense and amortization of debt discounts and issuance costs	0	0
Interest income	7	10
Capitalized interest	0	0
Gains on fuel derivatives		0
Loss on extinguishment of debt		0
Other components of net periodic benefit cost	0	0
Gains (losses) on investments, net	0	0
Gains on foreign debt	0	0
Other, net	0	0
Total	(131,016)	(57,077)
Loss Before Income Taxes	(133,277)	(60,691)
Income tax expense (benefit)	0	0
Net Income (Loss)	(133,277)	(60,691)
Comprehensive Loss	(149,288)	(61,015)
Subsidiary Issuer / Guarantor | Reportable legal entities
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Operating Revenue	476,591	181,538
Operating Expenses:
Wages and benefits	203,099	160,079
Aircraft fuel, including taxes and delivery	150,982	47,736
Maintenance, materials and repairs	55,490	34,237
Aircraft and passenger servicing	33,815	17,251
Commissions and other selling	20,624	11,421
Aircraft rent	26,276	29,841
Other rentals and landing fees	34,640	19,697
Depreciation and amortization	33,755	34,459
Purchased services	30,291	24,570
Government grant recognition		(147,270)
Other	41,839	20,961
Total	630,811	252,982
Operating Income (Loss)	(154,220)	(71,444)
Nonoperating Income (Expense):
Undistributed net loss of subsidiaries	(9,420)	(10,817)
Interest expense and amortization of debt discounts and issuance costs	(7,324)	(12,908)
Interest income	4,425	1,239
Capitalized interest	1,052	684
Gains on fuel derivatives		217
Loss on extinguishment of debt		(3,994)
Other components of net periodic benefit cost	1,286	981
Gains (losses) on investments, net	(12,364)	77
Gains on foreign debt	11,762	19,234
Other, net	374	1,585
Total	(10,209)	(3,702)
Loss Before Income Taxes	(164,429)	(75,146)
Income tax expense (benefit)	(33,020)	(16,133)
Net Income (Loss)	(131,409)	(59,013)
Comprehensive Loss	(147,419)	(59,337)
Non-Guarantor Subsidiaries | Reportable legal entities
Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)
Operating Revenue	9,727	3,423
Operating Expenses:
Wages and benefits	0	0
Aircraft fuel, including taxes and delivery	0	0
Maintenance, materials and repairs	160	15
Aircraft and passenger servicing	0	0
Commissions and other selling	230	9
Aircraft rent	0	0
Other rentals and landing fees	0	0
Depreciation and amortization	0	897
Purchased services	419	313
Government grant recognition		0
Other	242	295
Total	1,051	1,529
Operating Income (Loss)	8,676	1,894
Nonoperating Income (Expense):
Undistributed net loss of subsidiaries	0	0
Interest expense and amortization of debt discounts and issuance costs	(18,453)	(11,238)
Interest income	742	453
Capitalized interest	0	0
Gains on fuel derivatives		0
Loss on extinguishment of debt		0
Other components of net periodic benefit cost	0	0
Gains (losses) on investments, net	0	0
Gains on foreign debt	0	0
Other, net	0	0
Total	(17,711)	(10,785)
Loss Before Income Taxes	(9,035)	(8,891)
Income tax expense (benefit)	0	0
Net Income (Loss)	(9,035)	(8,891)
Comprehensive Loss	$ (9,035)	$ (8,891)

Condensed Consolidating Finan_4

Condensed Consolidating Financial Information - Condensed Consolidating Balance Sheets (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 481,212	$ 490,561
Restricted cash	17,253	17,267
Short-term investments	1,162,895	1,241,752
Accounts receivable, net	91,135	92,888
Income taxes receivable	72,792	71,201
Spare parts and supplies, net	35,923	34,109
Prepaid expenses and other	60,305	66,127
Total	1,921,515	2,013,905
Property and equipment at cost	2,965,210	2,957,589
Less accumulated depreciation and amortization	(1,033,614)	(999,966)
Property and equipment, net	1,931,596	1,957,623
Assets held for sale	28,443	29,449
Operating lease right-of-use assets	516,355	536,154
Long-term prepayments and other	76,753	80,489
Goodwill and other intangible assets, net	13,500	13,500
Intercompany receivable	0	0
Investment in consolidated subsidiaries	0	0
Total Assets	4,488,162	4,631,120
Current liabilities:
Accounts payable	129,832	114,400
Air traffic liability and current frequent flyer deferred revenue	760,783	631,157
Other accrued liabilities	157,687	165,050
Current maturities of long-term debt, less discount	60,431	97,096
Current maturities of finance lease obligations	23,607	24,149
Current maturities of operating leases	77,200	79,158
Total	1,209,540	1,111,010
Long-term debt	1,671,092	1,704,298
Intercompany payable	0	0
Other liabilities and deferred credits:
Noncurrent finance lease obligations	95,173	100,995
Noncurrent operating leases	404,378	423,293
Accumulated pension and other post-retirement benefit obligations	155,457	160,817
Other liabilities and deferred credits	77,450	78,340
Noncurrent frequent flyer deferred revenue	305,575	296,484
Deferred tax liabilities, net	149,245	186,797
Total	1,187,278	1,246,726
Shareholders’ equity	420,252	569,086	$ 612,002	$ 600,157
Total Liabilities and Shareholders’ Equity	4,488,162	4,631,120
Eliminations
Current assets:
Cash and cash equivalents	0	0
Restricted cash	0	0
Short-term investments	0	0
Accounts receivable, net	(13,871)	(13,569)
Income taxes receivable	0	0
Spare parts and supplies, net	0	0
Prepaid expenses and other	0	0
Total	(13,871)	(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	(573,708)	(571,096)
Investment in consolidated subsidiaries	(827,381)	(981,809)
Total Assets	(2,614,960)	(2,766,474)
Current liabilities:
Accounts payable	(10,419)	(10,857)
Air traffic liability and current frequent flyer deferred revenue	0	0
Other accrued liabilities	(3,452)	(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	(13,871)	(13,569)
Long-term debt	(1,200,000)	(1,200,000)
Intercompany payable	(573,708)	(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	(827,381)	(981,809)
Total Liabilities and Shareholders’ Equity	(2,614,960)	(2,766,474)
Parent Issuer / Guarantor | Reportable legal entities
Current assets:
Cash and cash equivalents	19,010	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	19,010	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	862,641	1,007,650
Total Assets	881,701	1,028,524
Current liabilities:
Accounts payable	994	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	994	422
Long-term debt	0	0
Intercompany payable	460,455	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	420,252	569,086
Total Liabilities and Shareholders’ Equity	881,701	1,028,524
Subsidiary Issuer / Guarantor | Reportable legal entities
Current assets:
Cash and cash equivalents	429,354	434,615
Restricted cash	0	0
Short-term investments	1,162,895	1,241,752
Accounts receivable, net	90,018	85,109
Income taxes receivable	72,792	71,201
Spare parts and supplies, net	35,923	34,109
Prepaid expenses and other	60,048	66,084
Total	1,851,030	1,932,870
Property and equipment at cost	2,965,210	2,957,589
Less accumulated depreciation and amortization	(1,033,614)	(999,966)
Property and equipment, net	1,931,596	1,957,623
Assets held for sale	949	926
Operating lease right-of-use assets	516,355	536,154
Long-term prepayments and other	76,236	79,953
Goodwill and other intangible assets, net	0	0
Intercompany receivable	573,708	571,096
Investment in consolidated subsidiaries	(35,763)	(26,344)
Total Assets	4,914,111	5,052,278
Current liabilities:
Accounts payable	137,110	122,437
Air traffic liability and current frequent flyer deferred revenue	749,561	617,685
Other accrued liabilities	147,423	153,423
Current maturities of long-term debt, less discount	60,431	97,096
Current maturities of finance lease obligations	23,607	24,149
Current maturities of operating leases	77,200	79,158
Total	1,195,332	1,093,948
Long-term debt	1,690,221	1,724,631
Intercompany payable	0	0
Other liabilities and deferred credits:
Noncurrent finance lease obligations	95,173	100,995
Noncurrent operating leases	404,378	423,293
Accumulated pension and other post-retirement benefit obligations	155,457	160,817
Other liabilities and deferred credits	77,298	78,188
Noncurrent frequent flyer deferred revenue	305,575	296,484
Deferred tax liabilities, net	149,245	186,797
Total	1,187,126	1,246,574
Shareholders’ equity	841,432	987,125
Total Liabilities and Shareholders’ Equity	4,914,111	5,052,278
Non-Guarantor Subsidiaries | Reportable legal entities
Current assets:
Cash and cash equivalents	32,848	35,143
Restricted cash	17,253	17,267
Short-term investments	0	0
Accounts receivable, net	14,988	21,348
Income taxes receivable	0	0
Spare parts and supplies, net	0	0
Prepaid expenses and other	257	22
Total	65,346	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	27,494	28,523
Operating lease right-of-use assets	0	0
Long-term prepayments and other	1,200,467	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	1,307,310	1,316,792
Current liabilities:
Accounts payable	2,147	2,398
Air traffic liability and current frequent flyer deferred revenue	11,222	13,472
Other accrued liabilities	13,716	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	27,085	30,209
Long-term debt	1,180,871	1,179,667
Intercompany payable	113,253	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	152	152
Noncurrent frequent flyer deferred revenue	0	0
Deferred tax liabilities, net	0	0
Total	152	152
Shareholders’ equity	(14,051)	(5,316)
Total Liabilities and Shareholders’ Equity	$ 1,307,310	$ 1,316,792

Condensed Consolidating Finan_5

Condensed Consolidating Financial Information - Condensed Consolidating Statements of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Condensed Consolidating Statements of Cash Flows
Net Cash Provided By (Used In) Operating Activities	$ 22,154	$ 122,009
Cash Flows From Investing Activities:
Net payments to affiliates	0	0
Additions to property and equipment, including pre-delivery deposits	(9,066)	(10,417)
Proceeds from the disposition of aircraft related equipment	1,124	117
Purchases of investments	(263,161)	(655,266)
Sales of investments	307,780	117,857
Net cash provided by (used in) investing activities	36,677	(547,709)
Cash Flows From Financing Activities:
Proceeds from the issuance of common stock	0	68,132
Long-term borrowings	0	1,220,259
Repayments of long-term debt and finance lease obligations	(66,704)	(328,256)
Debt issuance costs	0	(24,664)
Net payments from affiliates	0	0
Payment for taxes withheld for stock compensation	(1,490)	(1,565)
Other	0	1,837
Net cash provided by (used in) financing activities	(68,194)	935,743
Net increase (decrease) in cash and cash equivalents	(9,363)	510,043
Cash, cash equivalents, and restricted cash - Beginning of Period	507,828	509,639
Cash, cash equivalents, and restricted cash - End of Period	498,465	1,019,682
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	(351)	(75,361)
Additions to property and equipment, including pre-delivery deposits	0	0
Proceeds from the disposition of aircraft related equipment	0	0
Purchases of investments	0	0
Sales of investments	0	0
Net cash provided by (used in) investing activities	(351)	(75,361)
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 from affiliates	351	75,361
Payment for taxes withheld for stock compensation	0	0
Other		0
Net cash provided by (used in) financing activities	351	75,361
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	(1,442)	(3,448)
Cash Flows From Investing Activities:
Net payments to affiliates	0	(900)
Additions to property and equipment, including pre-delivery deposits	0	0
Proceeds from the disposition of aircraft related equipment	0	0
Purchases of investments	0	0
Sales of investments	0	0
Net cash provided by (used in) investing activities	0	(900)
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 from affiliates	(351)	(76,261)
Payment for taxes withheld for stock compensation	0	0
Other		1,837
Net cash provided by (used in) financing activities	(351)	(6,292)
Net increase (decrease) in cash and cash equivalents	(1,793)	(10,640)
Cash, cash equivalents, and restricted cash - Beginning of Period	20,803	24,088
Cash, cash equivalents, and restricted cash - End of Period	19,010	13,448
Subsidiary Issuer / Guarantor | Reportable legal entities
Condensed Consolidating Statements of Cash Flows
Net Cash Provided By (Used In) Operating Activities	28,203	114,495
Cash Flows From Investing Activities:
Net payments to affiliates	(886)	1,207,207
Additions to property and equipment, including pre-delivery deposits	(9,066)	(10,215)
Proceeds from the disposition of aircraft related equipment	63	117
Purchases of investments	(263,161)	(655,266)
Sales of investments	307,780	117,857
Net cash provided by (used in) investing activities	34,730	659,700
Cash Flows From Financing Activities:
Proceeds from the issuance of common stock		0
Long-term borrowings		20,259
Repayments of long-term debt and finance lease obligations	(66,704)	(328,256)
Debt issuance costs		0
Net payments from affiliates	0	0
Payment for taxes withheld for stock compensation	(1,490)	(1,565)
Other		0
Net cash provided by (used in) financing activities	(68,194)	(309,562)
Net increase (decrease) in cash and cash equivalents	(5,261)	464,633
Cash, cash equivalents, and restricted cash - Beginning of Period	434,615	476,409
Cash, cash equivalents, and restricted cash - End of Period	429,354	941,042
Non-Guarantor Subsidiaries | Reportable legal entities
Condensed Consolidating Statements of Cash Flows
Net Cash Provided By (Used In) Operating Activities	(4,607)	10,962
Cash Flows From Investing Activities:
Net payments to affiliates	1,237	(1,130,946)
Additions to property and equipment, including pre-delivery deposits	0	(202)
Proceeds from the disposition of aircraft related equipment	1,061	0
Purchases of investments	0	0
Sales of investments	0	0
Net cash provided by (used in) investing activities	2,298	(1,131,148)
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 from affiliates	0	900
Payment for taxes withheld for stock compensation	0	0
Other		0
Net cash provided by (used in) financing activities	0	1,176,236
Net increase (decrease) in cash and cash equivalents	(2,309)	56,050
Cash, cash equivalents, and restricted cash - Beginning of Period	52,410	9,142
Cash, cash equivalents, and restricted cash - End of Period	$ 50,101	$ 65,192