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<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 4157 | monetaryItemType | table: <entity> 4157 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:ImpairmentOfLongLivedAssetsToBeDisposedOf |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 2318 | monetaryItemType | table: <entity> 2318 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:ImpairmentOfLongLivedAssetsToBeDisposedOf |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 51384 | monetaryItemType | table: <entity> 51384 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:ImpairmentOfLongLivedAssetsToBeDisposedOf |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 41171 | monetaryItemType | table: <entity> 41171 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInAccountsReceivable |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 19818 | monetaryItemType | table: <entity> 19818 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInAccountsReceivable |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 32959 | monetaryItemType | table: <entity> 32959 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInAccountsReceivable |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 7504 | monetaryItemType | table: <entity> 7504 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInIncomeTaxesReceivable |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 997 | monetaryItemType | table: <entity> 997 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInIncomeTaxesReceivable |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 7815 | monetaryItemType | table: <entity> 7815 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInIncomeTaxesReceivable |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 11888 | monetaryItemType | table: <entity> 11888 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInInventories |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 3905 | monetaryItemType | table: <entity> 3905 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInInventories |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 16628 | monetaryItemType | table: <entity> 16628 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInInventories |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 13813 | monetaryItemType | table: <entity> 13813 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 1593 | monetaryItemType | table: <entity> 1593 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 2871 | monetaryItemType | table: <entity> 2871 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 40012 | monetaryItemType | table: <entity> 40012 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInContractWithCustomerLiability |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 229862 | monetaryItemType | table: <entity> 229862 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInContractWithCustomerLiability |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 40812 | monetaryItemType | table: <entity> 40812 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInContractWithCustomerLiability |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 692462 | monetaryItemType | table: <entity> 692462 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:NetCashProvidedByUsedInOperatingActivities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 736334 | monetaryItemType | table: <entity> 736334 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:NetCashProvidedByUsedInOperatingActivities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 480376 | monetaryItemType | table: <entity> 480376 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:NetCashProvidedByUsedInOperatingActivities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 1430733 | monetaryItemType | table: <entity> 1430733 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsToAcquireAvailableForSaleSecuritiesDebt |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 1339465 | monetaryItemType | table: <entity> 1339465 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsToAcquireAvailableForSaleSecuritiesDebt |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 1834403 | monetaryItemType | table: <entity> 1834403 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsToAcquireAvailableForSaleSecuritiesDebt |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 1543256 | monetaryItemType | table: <entity> 1543256 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 1600877 | monetaryItemType | table: <entity> 1600877 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 1488359 | monetaryItemType | table: <entity> 1488359 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 265854 | monetaryItemType | table: <entity> 265854 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsForFlightEquipment |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 238068 | monetaryItemType | table: <entity> 238068 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsForFlightEquipment |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 632460 | monetaryItemType | table: <entity> 632460 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsForFlightEquipment |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 44895 | monetaryItemType | table: <entity> 44895 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 13258 | monetaryItemType | table: <entity> 13258 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 13031 | monetaryItemType | table: <entity> 13031 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 5154 | monetaryItemType | table: <entity> 5154 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 15879 | monetaryItemType | table: <entity> 15879 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 16983 | monetaryItemType | table: <entity> 16983 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 18020 | monetaryItemType | table: <entity> 18020 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsForProceedsFromOtherInvestingActivities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 4158 | monetaryItemType | table: <entity> 4158 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsForProceedsFromOtherInvestingActivities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 31625 | monetaryItemType | table: <entity> 31625 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsForProceedsFromOtherInvestingActivities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 228627 | monetaryItemType | table: <entity> 228627 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:NetCashProvidedByUsedInInvestingActivities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 23228 | monetaryItemType | table: <entity> 23228 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:NetCashProvidedByUsedInInvestingActivities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 904894 | monetaryItemType | table: <entity> 904894 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:NetCashProvidedByUsedInInvestingActivities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 116165 | monetaryItemType | table: <entity> 116165 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:ProceedsFromIssuanceOfLongTermDebt |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 69689 | monetaryItemType | table: <entity> 69689 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:ProceedsFromIssuanceOfLongTermDebt |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 684502 | monetaryItemType | table: <entity> 684502 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:ProceedsFromIssuanceOfLongTermDebt |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 452855 | monetaryItemType | table: <entity> 452855 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:RepaymentsOfLongTermDebt |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 447604 | monetaryItemType | table: <entity> 447604 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:RepaymentsOfLongTermDebt |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 415050 | monetaryItemType | table: <entity> 415050 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:RepaymentsOfLongTermDebt |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 670 | monetaryItemType | table: <entity> 670 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsOfDebtIssuanceCosts |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 175 | monetaryItemType | table: <entity> 175 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsOfDebtIssuanceCosts |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 2178 | monetaryItemType | table: <entity> 2178 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsOfDebtIssuanceCosts |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 2864 | monetaryItemType | table: <entity> 2864 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:ProceedsFromIssuanceOfCommonStock |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 2811 | monetaryItemType | table: <entity> 2811 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:ProceedsFromIssuanceOfCommonStock |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 2957 | monetaryItemType | table: <entity> 2957 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:ProceedsFromIssuanceOfCommonStock |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 384750 | monetaryItemType | table: <entity> 384750 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:NetCashProvidedByUsedInFinancingActivities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 667813 | monetaryItemType | table: <entity> 667813 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:NetCashProvidedByUsedInFinancingActivities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 269081 | monetaryItemType | table: <entity> 269081 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:NetCashProvidedByUsedInFinancingActivities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 79085 | monetaryItemType | table: <entity> 79085 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 45293 | monetaryItemType | table: <entity> 45293 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 155437 | monetaryItemType | table: <entity> 155437 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 148277 | monetaryItemType | table: <entity> 148277 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 102984 | monetaryItemType | table: <entity> 102984 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 258421 | monetaryItemType | table: <entity> 258421 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td> </td><td>2023</td><td> </td><td> </td><td>2022</td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM OPERATING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income Net income</td><td> </td><td>$ $</td><td>322,962 322,962</td><td> </td><td>$ $</td><td>34,342 34,342</td><td> </td><td>$ $</td><td>72,953 72,953</td><td> </td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities: Adjustments to reconcile net income to net cash provided by operating activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Depreciation and amortization Depreciation and amortization</td><td> </td><td> </td><td>383,880 383,880</td><td> </td><td> </td><td>383,115 383,115</td><td> </td><td> </td><td>394,552 394,552</td><td> </td></tr><tr><td>Stock based compensation expense Stock based compensation expense</td><td> </td><td> </td><td>19,864 19,864</td><td> </td><td> </td><td>17,125 17,125</td><td> </td><td> </td><td>9,159 9,159</td><td> </td></tr><tr><td>Decrease in credit loss reserves Decrease in credit loss reserves</td><td> </td><td> </td><td>( 3,628 ) ( 3,628 )</td><td> </td><td> </td><td>( 185 ) ( 185 )</td><td> </td><td> </td><td>( 4,591 ) ( 4,591 )</td><td> </td></tr><tr><td>Gain on disposal of fixed assets Gain on disposal of fixed assets</td><td> </td><td> </td><td>( 8,245 ) ( 8,245 )</td><td> </td><td> </td><td>( 14,295 ) ( 14,295 )</td><td> </td><td> </td><td>( 7,948 ) ( 7,948 )</td><td> </td></tr><tr><td>Loss (gain) on investments in other companies Loss (gain) on investments in other companies</td><td> </td><td> </td><td>6,815 6,815</td><td> </td><td> </td><td>479 479</td><td> </td><td> </td><td>( 11,380 ) ( 11,380 )</td><td> </td></tr><tr><td>Net increase in deferred income taxes Net increase in deferred income taxes</td><td> </td><td> </td><td>100,368 100,368</td><td> </td><td> </td><td>539 539</td><td> </td><td> </td><td>23,825 23,825</td><td> </td></tr><tr><td>Impairment (gain) on assets held for sale Impairment (gain) on assets held for sale</td><td> </td><td> </td><td>( 4,157 ) ( 4,157 )</td><td> </td><td> </td><td>2,318 2,318</td><td> </td><td> </td><td>51,384 51,384</td><td> </td></tr><tr><td>Changes in operating assets and liabilities: Changes in operating assets and liabilities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Decrease (increase) in receivables Decrease (increase) in receivables</td><td> </td><td> </td><td>( 41,171 ) ( 41,171 )</td><td> </td><td> </td><td>19,818 19,818</td><td> </td><td> </td><td>( 32,959 ) ( 32,959 )</td><td> </td></tr><tr><td>Decrease (increase) in income tax receivable Decrease (increase) in income tax receivable</td><td> </td><td> </td><td>( 7,504 ) ( 7,504 )</td><td> </td><td> </td><td>997 997</td><td> </td><td> </td><td>7,815 7,815</td><td> </td></tr><tr><td>Increase in inventories Increase in inventories</td><td> </td><td> </td><td>( 11,888 ) ( 11,888 )</td><td> </td><td> </td><td>( 3,905 ) ( 3,905 )</td><td> </td><td> </td><td>( 16,628 ) ( 16,628 )</td><td> </td></tr><tr><td>Decrease (increase) in other current assets Decrease (increase) in other current assets</td><td> </td><td> </td><td>( 13,813 ) ( 13,813 )</td><td> </td><td> </td><td>1,593 1,593</td><td> </td><td> </td><td>( 2,871 ) ( 2,871 )</td><td> </td></tr><tr><td>Decrease (increase) in operating lease right-of-use assets Decrease (increase) in operating lease right-of-use assets</td><td> </td><td> </td><td>( 1,004 ) ( 1,004 )</td><td> </td><td> </td><td>25,954 25,954</td><td> </td><td> </td><td>86,588 86,588</td><td> </td></tr><tr><td>Increase (decrease) in operating lease liabilities Increase (decrease) in operating lease liabilities</td><td> </td><td> </td><td>1,004 1,004</td><td> </td><td> </td><td>( 54,984 ) ( 54,984 )</td><td> </td><td> </td><td>( 76,812 ) ( 76,812 )</td><td> </td></tr><tr><td>Increase (decrease) in deferred revenue Increase (decrease) in deferred revenue</td><td> </td><td> </td><td>( 40,012 ) ( 40,012 )</td><td> </td><td> </td><td>229,862 229,862</td><td> </td><td> </td><td>40,812 40,812</td><td> </td></tr><tr><td>Decrease (increase) in unbilled revenue Decrease (increase) in unbilled revenue</td><td> </td><td> </td><td>( 7,871 ) ( 7,871 )</td><td> </td><td> </td><td>12,601 12,601</td><td> </td><td> </td><td>( 11,491 ) ( 11,491 )</td><td> </td></tr><tr><td>Increase (decrease) in accounts payable and other current liabilities Increase (decrease) in accounts payable and other current liabilities</td><td> </td><td> </td><td>( 3,138 ) ( 3,138 )</td><td> </td><td> </td><td>80,960 80,960</td><td> </td><td> </td><td>( 42,032 ) ( 42,032 )</td><td> </td></tr><tr><td>NET CASH PROVIDED BY OPERATING ACTIVITIES NET CASH PROVIDED BY OPERATING ACTIVITIES</td><td> </td><td> </td><td>692,462 692,462</td><td> </td><td> </td><td>736,334 736,334</td><td> </td><td> </td><td>480,376 480,376</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM INVESTING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Purchases of marketable securities Purchases of marketable securities</td><td> </td><td> </td><td>( 1,430,733 ) ( 1,430,733 )</td><td> </td><td> </td><td>( 1,339,465 ) ( 1,339,465 )</td><td> </td><td> </td><td>( 1,834,403 ) ( 1,834,403 )</td><td> </td></tr><tr><td>Sales of marketable securities Sales of marketable securities</td><td> </td><td> </td><td>1,543,256 1,543,256</td><td> </td><td> </td><td>1,600,877 1,600,877</td><td> </td><td> </td><td>1,488,359 1,488,359</td><td> </td></tr><tr><td>Acquisition of property and equipment: Acquisition of property and equipment:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Aircraft and rotable spare parts Aircraft and rotable spare parts</td><td> </td><td> </td><td>( 265,854 ) ( 265,854 )</td><td> </td><td> </td><td>( 238,068 ) ( 238,068 )</td><td> </td><td> </td><td>( 632,460 ) ( 632,460 )</td><td> </td></tr><tr><td>Buildings and ground equipment Buildings and ground equipment</td><td> </td><td> </td><td>( 44,895 ) ( 44,895 )</td><td> </td><td> </td><td>( 13,258 ) ( 13,258 )</td><td> </td><td> </td><td>( 13,031 ) ( 13,031 )</td><td> </td></tr><tr><td>Proceeds from the sale of property and equipment Proceeds from the sale of property and equipment</td><td> </td><td> </td><td>5,154 5,154</td><td> </td><td> </td><td>15,879 15,879</td><td> </td><td> </td><td>16,983 16,983</td><td> </td></tr><tr><td>Deposits on aircraft Deposits on aircraft</td><td> </td><td> </td><td>( 17,535 ) ( 17,535 )</td><td> </td><td> </td><td>( 65,000 ) ( 65,000 )</td><td> </td><td> </td><td>( 37,100 ) ( 37,100 )</td><td> </td></tr><tr><td>Aircraft deposits applied towards acquired aircraft Aircraft deposits applied towards acquired aircraft</td><td> </td><td> </td><td>— —</td><td> </td><td> </td><td>11,649 11,649</td><td> </td><td> </td><td>138,383 138,383</td><td> </td></tr><tr><td>Decrease (increase) in investments and financing activities with third parties and other assets Decrease (increase) in investments and financing activities with third parties and other assets</td><td> </td><td> </td><td>( 18,020 ) ( 18,020 )</td><td> </td><td> </td><td>4,158 4,158</td><td> </td><td> </td><td>( 31,625 ) ( 31,625 )</td><td> </td></tr><tr><td>NET CASH USED IN INVESTING ACTIVITIES NET CASH USED IN INVESTING ACTIVITIES</td><td> </td><td> </td><td>( 228,627 ) ( 228,627 )</td><td> </td><td> </td><td>( 23,228 ) ( 23,228 )</td><td> </td><td> </td><td>( 904,894 ) ( 904,894 )</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES: CASH FLOWS FROM FINANCING ACTIVITIES:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Proceeds from issuance of long-term debt Proceeds from issuance of long-term debt</td><td> </td><td> </td><td>116,165 116,165</td><td> </td><td> </td><td>69,689 69,689</td><td> </td><td> </td><td>684,502 684,502</td><td> </td></tr><tr><td>Principal payments on long-term debt Principal payments on long-term debt</td><td> </td><td> </td><td>( 452,855 ) ( 452,855 )</td><td> </td><td> </td><td>( 447,604 ) ( 447,604 )</td><td> </td><td> </td><td>( 415,050 ) ( 415,050 )</td><td> </td></tr><tr><td>Payment of debt issuance cost Payment of debt issuance cost</td><td> </td><td> </td><td>( 670 ) ( 670 )</td><td> </td><td> </td><td>( 175 ) ( 175 )</td><td> </td><td> </td><td>( 2,178 ) ( 2,178 )</td><td> </td></tr><tr><td>Net proceeds from issuance of common stock Net proceeds from issuance of common stock</td><td> </td><td> </td><td>2,864 2,864</td><td> </td><td> </td><td>2,811 2,811</td><td> </td><td> </td><td>2,957 2,957</td><td> </td></tr><tr><td>Employee income tax paid on vested equity awards Employee income tax paid on vested equity awards</td><td> </td><td> </td><td>( 6,930 ) ( 6,930 )</td><td> </td><td> </td><td>( 585 ) ( 585 )</td><td> </td><td> </td><td>( 1,150 ) ( 1,150 )</td><td> </td></tr><tr><td>Purchase of treasury stock and related excise tax Purchase of treasury stock and related excise tax</td><td> </td><td> </td><td>( 43,324 ) ( 43,324 )</td><td> </td><td> </td><td>( 291,949 ) ( 291,949 )</td><td> </td><td> </td><td>— —</td><td> </td></tr><tr><td>NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES</td><td> </td><td> </td><td>( 384,750 ) ( 384,750 )</td><td> </td><td> </td><td>( 667,813 ) ( 667,813 )</td><td> </td><td> </td><td>269,081 269,081</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Increase (decrease) in cash and cash equivalents Increase (decrease) in cash and cash equivalents</td><td> </td><td> </td><td>79,085 79,085</td><td> </td><td> </td><td>45,293 45,293</td><td> </td><td> </td><td>( 155,437 ) ( 155,437 )</td><td> </td></tr><tr><td>Cash and cash equivalents at beginning of period Cash and cash equivalents at beginning of period</td><td> </td><td> </td><td>148,277 148,277</td><td> </td><td> </td><td>102,984 102,984</td><td> </td><td> </td><td>258,421 258,421</td><td> </td></tr><tr><td>CASH AND CASH EQUIVALENTS AT END OF PERIOD CASH AND CASH EQUIVALENTS AT END OF PERIOD</td><td> </td><td>$ $</td><td>227,362 227,362</td><td> </td><td>$ $</td><td>148,277 148,277</td><td> </td><td>$ $</td><td>102,984 102,984</td><td> </td></tr></table> | table | 227362 | monetaryItemType | table: <entity> 227362 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td>SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:</td><td> </td><td>2024</td><td> </td><td>2023</td><td> </td><td>2022</td><td></td></tr><tr><td>Non-cash investing and financing activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Acquisition of property and equipment</td><td> </td><td>$</td><td>99,266</td><td> </td><td>$</td><td>12,583</td><td> </td><td>$</td><td>16,826</td><td> </td></tr><tr><td>Derecognition of right of use assets</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>( 39,247 )</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Derecognition of operating lease liabilities</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>39,247</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Cash paid during the period for:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Interest, net of capitalized amounts</td><td> </td><td>$</td><td>113,571</td><td> </td><td>$</td><td>128,288</td><td> </td><td>$</td><td>125,321</td><td> </td></tr><tr><td>Income taxes</td><td> </td><td>$</td><td>18,588</td><td> </td><td>$</td><td>13,610</td><td> </td><td>$</td><td>1,166</td><td> </td></tr></table> | table | 99266 | monetaryItemType | table: <entity> 99266 </entity> <entity type> monetaryItemType </entity type> <context> Acquisition of property and equipment | | $ | 99,266 | | $ | 12,583 | | $ | 16,826 | </context> | us-gaap:FairValueOfAssetsAcquired |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td>SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:</td><td> </td><td>2024</td><td> </td><td>2023</td><td> </td><td>2022</td><td></td></tr><tr><td>Non-cash investing and financing activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Acquisition of property and equipment</td><td> </td><td>$</td><td>99,266</td><td> </td><td>$</td><td>12,583</td><td> </td><td>$</td><td>16,826</td><td> </td></tr><tr><td>Derecognition of right of use assets</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>( 39,247 )</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Derecognition of operating lease liabilities</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>39,247</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Cash paid during the period for:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Interest, net of capitalized amounts</td><td> </td><td>$</td><td>113,571</td><td> </td><td>$</td><td>128,288</td><td> </td><td>$</td><td>125,321</td><td> </td></tr><tr><td>Income taxes</td><td> </td><td>$</td><td>18,588</td><td> </td><td>$</td><td>13,610</td><td> </td><td>$</td><td>1,166</td><td> </td></tr></table> | table | 12583 | monetaryItemType | table: <entity> 12583 </entity> <entity type> monetaryItemType </entity type> <context> Acquisition of property and equipment | | $ | 99,266 | | $ | 12,583 | | $ | 16,826 | </context> | us-gaap:FairValueOfAssetsAcquired |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td>SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:</td><td> </td><td>2024</td><td> </td><td>2023</td><td> </td><td>2022</td><td></td></tr><tr><td>Non-cash investing and financing activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Acquisition of property and equipment</td><td> </td><td>$</td><td>99,266</td><td> </td><td>$</td><td>12,583</td><td> </td><td>$</td><td>16,826</td><td> </td></tr><tr><td>Derecognition of right of use assets</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>( 39,247 )</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Derecognition of operating lease liabilities</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>39,247</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Cash paid during the period for:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Interest, net of capitalized amounts</td><td> </td><td>$</td><td>113,571</td><td> </td><td>$</td><td>128,288</td><td> </td><td>$</td><td>125,321</td><td> </td></tr><tr><td>Income taxes</td><td> </td><td>$</td><td>18,588</td><td> </td><td>$</td><td>13,610</td><td> </td><td>$</td><td>1,166</td><td> </td></tr></table> | table | 16826 | monetaryItemType | table: <entity> 16826 </entity> <entity type> monetaryItemType </entity type> <context> Acquisition of property and equipment | | $ | 99,266 | | $ | 12,583 | | $ | 16,826 | </context> | us-gaap:FairValueOfAssetsAcquired |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td>SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:</td><td> </td><td>2024</td><td> </td><td>2023</td><td> </td><td>2022</td><td></td></tr><tr><td>Non-cash investing and financing activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Acquisition of property and equipment</td><td> </td><td>$</td><td>99,266</td><td> </td><td>$</td><td>12,583</td><td> </td><td>$</td><td>16,826</td><td> </td></tr><tr><td>Derecognition of right of use assets</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>( 39,247 )</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Derecognition of operating lease liabilities</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>39,247</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Cash paid during the period for:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Interest, net of capitalized amounts</td><td> </td><td>$</td><td>113,571</td><td> </td><td>$</td><td>128,288</td><td> </td><td>$</td><td>125,321</td><td> </td></tr><tr><td>Income taxes</td><td> </td><td>$</td><td>18,588</td><td> </td><td>$</td><td>13,610</td><td> </td><td>$</td><td>1,166</td><td> </td></tr></table> | table | 113571 | monetaryItemType | table: <entity> 113571 </entity> <entity type> monetaryItemType </entity type> <context> Interest, net of capitalized amounts | | $ | 113,571 | | $ | 128,288 | | $ | 125,321 | </context> | us-gaap:InterestPaidNet |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td>SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:</td><td> </td><td>2024</td><td> </td><td>2023</td><td> </td><td>2022</td><td></td></tr><tr><td>Non-cash investing and financing activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Acquisition of property and equipment</td><td> </td><td>$</td><td>99,266</td><td> </td><td>$</td><td>12,583</td><td> </td><td>$</td><td>16,826</td><td> </td></tr><tr><td>Derecognition of right of use assets</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>( 39,247 )</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Derecognition of operating lease liabilities</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>39,247</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Cash paid during the period for:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Interest, net of capitalized amounts</td><td> </td><td>$</td><td>113,571</td><td> </td><td>$</td><td>128,288</td><td> </td><td>$</td><td>125,321</td><td> </td></tr><tr><td>Income taxes</td><td> </td><td>$</td><td>18,588</td><td> </td><td>$</td><td>13,610</td><td> </td><td>$</td><td>1,166</td><td> </td></tr></table> | table | 128288 | monetaryItemType | table: <entity> 128288 </entity> <entity type> monetaryItemType </entity type> <context> Interest, net of capitalized amounts | | $ | 113,571 | | $ | 128,288 | | $ | 125,321 | </context> | us-gaap:InterestPaidNet |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td>SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:</td><td> </td><td>2024</td><td> </td><td>2023</td><td> </td><td>2022</td><td></td></tr><tr><td>Non-cash investing and financing activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Acquisition of property and equipment</td><td> </td><td>$</td><td>99,266</td><td> </td><td>$</td><td>12,583</td><td> </td><td>$</td><td>16,826</td><td> </td></tr><tr><td>Derecognition of right of use assets</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>( 39,247 )</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Derecognition of operating lease liabilities</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>39,247</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Cash paid during the period for:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Interest, net of capitalized amounts</td><td> </td><td>$</td><td>113,571</td><td> </td><td>$</td><td>128,288</td><td> </td><td>$</td><td>125,321</td><td> </td></tr><tr><td>Income taxes</td><td> </td><td>$</td><td>18,588</td><td> </td><td>$</td><td>13,610</td><td> </td><td>$</td><td>1,166</td><td> </td></tr></table> | table | 125321 | monetaryItemType | table: <entity> 125321 </entity> <entity type> monetaryItemType </entity type> <context> Interest, net of capitalized amounts | | $ | 113,571 | | $ | 128,288 | | $ | 125,321 | </context> | us-gaap:InterestPaidNet |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td>SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:</td><td> </td><td>2024</td><td> </td><td>2023</td><td> </td><td>2022</td><td></td></tr><tr><td>Non-cash investing and financing activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Acquisition of property and equipment</td><td> </td><td>$</td><td>99,266</td><td> </td><td>$</td><td>12,583</td><td> </td><td>$</td><td>16,826</td><td> </td></tr><tr><td>Derecognition of right of use assets</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>( 39,247 )</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Derecognition of operating lease liabilities</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>39,247</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Cash paid during the period for:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Interest, net of capitalized amounts</td><td> </td><td>$</td><td>113,571</td><td> </td><td>$</td><td>128,288</td><td> </td><td>$</td><td>125,321</td><td> </td></tr><tr><td>Income taxes</td><td> </td><td>$</td><td>18,588</td><td> </td><td>$</td><td>13,610</td><td> </td><td>$</td><td>1,166</td><td> </td></tr></table> | table | 18588 | monetaryItemType | table: <entity> 18588 </entity> <entity type> monetaryItemType </entity type> <context> Income taxes | | $ | 18,588 | | $ | 13,610 | | $ | 1,166 | </context> | us-gaap:IncomeTaxesPaidNet |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td>SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:</td><td> </td><td>2024</td><td> </td><td>2023</td><td> </td><td>2022</td><td></td></tr><tr><td>Non-cash investing and financing activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Acquisition of property and equipment</td><td> </td><td>$</td><td>99,266</td><td> </td><td>$</td><td>12,583</td><td> </td><td>$</td><td>16,826</td><td> </td></tr><tr><td>Derecognition of right of use assets</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>( 39,247 )</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Derecognition of operating lease liabilities</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>39,247</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Cash paid during the period for:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Interest, net of capitalized amounts</td><td> </td><td>$</td><td>113,571</td><td> </td><td>$</td><td>128,288</td><td> </td><td>$</td><td>125,321</td><td> </td></tr><tr><td>Income taxes</td><td> </td><td>$</td><td>18,588</td><td> </td><td>$</td><td>13,610</td><td> </td><td>$</td><td>1,166</td><td> </td></tr></table> | table | 13610 | monetaryItemType | table: <entity> 13610 </entity> <entity type> monetaryItemType </entity type> <context> Income taxes | | $ | 18,588 | | $ | 13,610 | | $ | 1,166 | </context> | us-gaap:IncomeTaxesPaidNet |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>Year Ended December 31,</td></tr><tr><td>SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:</td><td> </td><td>2024</td><td> </td><td>2023</td><td> </td><td>2022</td><td></td></tr><tr><td>Non-cash investing and financing activities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Acquisition of property and equipment</td><td> </td><td>$</td><td>99,266</td><td> </td><td>$</td><td>12,583</td><td> </td><td>$</td><td>16,826</td><td> </td></tr><tr><td>Derecognition of right of use assets</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>( 39,247 )</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Derecognition of operating lease liabilities</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>39,247</td><td> </td><td>$</td><td>—</td><td> </td></tr><tr><td>Cash paid during the period for:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Interest, net of capitalized amounts</td><td> </td><td>$</td><td>113,571</td><td> </td><td>$</td><td>128,288</td><td> </td><td>$</td><td>125,321</td><td> </td></tr><tr><td>Income taxes</td><td> </td><td>$</td><td>18,588</td><td> </td><td>$</td><td>13,610</td><td> </td><td>$</td><td>1,166</td><td> </td></tr></table> | table | 1166 | monetaryItemType | table: <entity> 1166 </entity> <entity type> monetaryItemType </entity type> <context> Income taxes | | $ | 18,588 | | $ | 13,610 | | $ | 1,166 | </context> | us-gaap:IncomeTaxesPaidNet |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>At December 31, 2024</td><td></td><td>Amortized Cost</td><td></td><td>holding gains</td><td></td><td>holding losses</td><td></td><td>Fair market value</td><td></td></tr><tr><td>Marketable securities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Bond and bond funds</td><td> </td><td>$</td><td>462,111</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>462,333</td><td> </td></tr><tr><td>Commercial Paper</td><td> </td><td></td><td>111,933</td><td> </td><td></td><td>—</td><td> </td><td></td><td>—</td><td> </td><td></td><td>111,933</td><td> </td></tr><tr><td>Total marketable securities</td><td> </td><td>$</td><td>574,044</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>574,266</td><td> </td></tr></table> | table | 462111 | monetaryItemType | table: <entity> 462111 </entity> <entity type> monetaryItemType </entity type> <context> Bond and bond funds | | $ | 462,111 | | $ | 313 | | $ | ( 91 ) | | $ | 462,333 | </context> | us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>At December 31, 2024</td><td></td><td>Amortized Cost</td><td></td><td>holding gains</td><td></td><td>holding losses</td><td></td><td>Fair market value</td><td></td></tr><tr><td>Marketable securities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Bond and bond funds</td><td> </td><td>$</td><td>462,111</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>462,333</td><td> </td></tr><tr><td>Commercial Paper</td><td> </td><td></td><td>111,933</td><td> </td><td></td><td>—</td><td> </td><td></td><td>—</td><td> </td><td></td><td>111,933</td><td> </td></tr><tr><td>Total marketable securities</td><td> </td><td>$</td><td>574,044</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>574,266</td><td> </td></tr></table> | table | 313 | monetaryItemType | table: <entity> 313 </entity> <entity type> monetaryItemType </entity type> <context> Bond and bond funds | | $ | 462,111 | | $ | 313 | | $ | ( 91 ) | | $ | 462,333 | </context> | us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>At December 31, 2024</td><td></td><td>Amortized Cost</td><td></td><td>holding gains</td><td></td><td>holding losses</td><td></td><td>Fair market value</td><td></td></tr><tr><td>Marketable securities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Bond and bond funds</td><td> </td><td>$</td><td>462,111</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>462,333</td><td> </td></tr><tr><td>Commercial Paper</td><td> </td><td></td><td>111,933</td><td> </td><td></td><td>—</td><td> </td><td></td><td>—</td><td> </td><td></td><td>111,933</td><td> </td></tr><tr><td>Total marketable securities</td><td> </td><td>$</td><td>574,044</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>574,266</td><td> </td></tr></table> | table | 91 | monetaryItemType | table: <entity> 91 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>At December 31, 2024</td><td></td><td>Amortized Cost</td><td></td><td>holding gains</td><td></td><td>holding losses</td><td></td><td>Fair market value</td><td></td></tr><tr><td>Marketable securities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Bond and bond funds</td><td> </td><td>$</td><td>462,111</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>462,333</td><td> </td></tr><tr><td>Commercial Paper</td><td> </td><td></td><td>111,933</td><td> </td><td></td><td>—</td><td> </td><td></td><td>—</td><td> </td><td></td><td>111,933</td><td> </td></tr><tr><td>Total marketable securities</td><td> </td><td>$</td><td>574,044</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>574,266</td><td> </td></tr></table> | table | 462333 | monetaryItemType | table: <entity> 462333 </entity> <entity type> monetaryItemType </entity type> <context> Bond and bond funds | | $ | 462,111 | | $ | 313 | | $ | ( 91 ) | | $ | 462,333 | </context> | us-gaap:AvailableForSaleSecuritiesDebtSecurities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>At December 31, 2024</td><td></td><td>Amortized Cost</td><td></td><td>holding gains</td><td></td><td>holding losses</td><td></td><td>Fair market value</td><td></td></tr><tr><td>Marketable securities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Bond and bond funds</td><td> </td><td>$</td><td>462,111</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>462,333</td><td> </td></tr><tr><td>Commercial Paper</td><td> </td><td></td><td>111,933</td><td> </td><td></td><td>—</td><td> </td><td></td><td>—</td><td> </td><td></td><td>111,933</td><td> </td></tr><tr><td>Total marketable securities</td><td> </td><td>$</td><td>574,044</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>574,266</td><td> </td></tr></table> | table | 111933 | monetaryItemType | table: <entity> 111933 </entity> <entity type> monetaryItemType </entity type> <context> Commercial Paper | | 111,933 | | — | | — | | 111,933 | </context> | us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>At December 31, 2024</td><td></td><td>Amortized Cost</td><td></td><td>holding gains</td><td></td><td>holding losses</td><td></td><td>Fair market value</td><td></td></tr><tr><td>Marketable securities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Bond and bond funds</td><td> </td><td>$</td><td>462,111</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>462,333</td><td> </td></tr><tr><td>Commercial Paper</td><td> </td><td></td><td>111,933</td><td> </td><td></td><td>—</td><td> </td><td></td><td>—</td><td> </td><td></td><td>111,933</td><td> </td></tr><tr><td>Total marketable securities</td><td> </td><td>$</td><td>574,044</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>574,266</td><td> </td></tr></table> | table | 111933 | monetaryItemType | table: <entity> 111933 </entity> <entity type> monetaryItemType </entity type> <context> Commercial Paper | | 111,933 | | — | | — | | 111,933 | </context> | us-gaap:AvailableForSaleSecuritiesDebtSecurities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>At December 31, 2024</td><td></td><td>Amortized Cost</td><td></td><td>holding gains</td><td></td><td>holding losses</td><td></td><td>Fair market value</td><td></td></tr><tr><td>Marketable securities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Bond and bond funds</td><td> </td><td>$</td><td>462,111</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>462,333</td><td> </td></tr><tr><td>Commercial Paper</td><td> </td><td></td><td>111,933</td><td> </td><td></td><td>—</td><td> </td><td></td><td>—</td><td> </td><td></td><td>111,933</td><td> </td></tr><tr><td>Total marketable securities</td><td> </td><td>$</td><td>574,044</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>574,266</td><td> </td></tr></table> | table | 574044 | monetaryItemType | table: <entity> 574044 </entity> <entity type> monetaryItemType </entity type> <context> Total marketable securities | | $ | 574,044 | | $ | 313 | | $ | ( 91 ) | | $ | 574,266 | </context> | us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>At December 31, 2024</td><td></td><td>Amortized Cost</td><td></td><td>holding gains</td><td></td><td>holding losses</td><td></td><td>Fair market value</td><td></td></tr><tr><td>Marketable securities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Bond and bond funds</td><td> </td><td>$</td><td>462,111</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>462,333</td><td> </td></tr><tr><td>Commercial Paper</td><td> </td><td></td><td>111,933</td><td> </td><td></td><td>—</td><td> </td><td></td><td>—</td><td> </td><td></td><td>111,933</td><td> </td></tr><tr><td>Total marketable securities</td><td> </td><td>$</td><td>574,044</td><td> </td><td>$</td><td>313</td><td> </td><td>$</td><td>( 91 )</td><td> </td><td>$</td><td>574,266</td><td> </td></tr></table> | table | 574266 | monetaryItemType | table: <entity> 574266 </entity> <entity type> monetaryItemType </entity type> <context> Total marketable securities | | $ | 574,044 | | $ | 313 | | $ | ( 91 ) | | $ | 574,266 | </context> | us-gaap:AvailableForSaleSecuritiesDebtSecurities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>At December 31, 2023</td><td></td><td>Amortized Cost</td><td></td><td>holding gains</td><td></td><td>holding losses</td><td></td><td>Fair market value</td><td></td></tr><tr><td>Marketable securities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Bond and bond funds</td><td> </td><td>$</td><td>676,644</td><td> </td><td>$</td><td>430</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>677,074</td><td> </td></tr><tr><td>Commercial Paper</td><td> </td><td></td><td>9,872</td><td> </td><td></td><td>—</td><td> </td><td></td><td>—</td><td> </td><td></td><td>9,872</td><td> </td></tr><tr><td>Total marketable securities</td><td> </td><td>$</td><td>686,516</td><td> </td><td>$</td><td>430</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>686,946</td><td> </td></tr></table> | table | 676644 | monetaryItemType | table: <entity> 676644 </entity> <entity type> monetaryItemType </entity type> <context> Bond and bond funds | | $ | 676,644 | | $ | 430 | | $ | — | | $ | 677,074 | </context> | us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>At December 31, 2023</td><td></td><td>Amortized Cost</td><td></td><td>holding gains</td><td></td><td>holding losses</td><td></td><td>Fair market value</td><td></td></tr><tr><td>Marketable securities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Bond and bond funds</td><td> </td><td>$</td><td>676,644</td><td> </td><td>$</td><td>430</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>677,074</td><td> </td></tr><tr><td>Commercial Paper</td><td> </td><td></td><td>9,872</td><td> </td><td></td><td>—</td><td> </td><td></td><td>—</td><td> </td><td></td><td>9,872</td><td> </td></tr><tr><td>Total marketable securities</td><td> </td><td>$</td><td>686,516</td><td> </td><td>$</td><td>430</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>686,946</td><td> </td></tr></table> | table | 430 | monetaryItemType | table: <entity> 430 </entity> <entity type> monetaryItemType </entity type> <context> Bond and bond funds | | $ | 676,644 | | $ | 430 | | $ | — | | $ | 677,074 | </context> | us-gaap:AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>At December 31, 2023</td><td></td><td>Amortized Cost</td><td></td><td>holding gains</td><td></td><td>holding losses</td><td></td><td>Fair market value</td><td></td></tr><tr><td>Marketable securities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Bond and bond funds</td><td> </td><td>$</td><td>676,644</td><td> </td><td>$</td><td>430</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>677,074</td><td> </td></tr><tr><td>Commercial Paper</td><td> </td><td></td><td>9,872</td><td> </td><td></td><td>—</td><td> </td><td></td><td>—</td><td> </td><td></td><td>9,872</td><td> </td></tr><tr><td>Total marketable securities</td><td> </td><td>$</td><td>686,516</td><td> </td><td>$</td><td>430</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>686,946</td><td> </td></tr></table> | table | 677074 | monetaryItemType | table: <entity> 677074 </entity> <entity type> monetaryItemType </entity type> <context> Bond and bond funds | | $ | 676,644 | | $ | 430 | | $ | — | | $ | 677,074 | </context> | us-gaap:AvailableForSaleSecuritiesDebtSecurities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>At December 31, 2023</td><td></td><td>Amortized Cost</td><td></td><td>holding gains</td><td></td><td>holding losses</td><td></td><td>Fair market value</td><td></td></tr><tr><td>Marketable securities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Bond and bond funds</td><td> </td><td>$</td><td>676,644</td><td> </td><td>$</td><td>430</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>677,074</td><td> </td></tr><tr><td>Commercial Paper</td><td> </td><td></td><td>9,872</td><td> </td><td></td><td>—</td><td> </td><td></td><td>—</td><td> </td><td></td><td>9,872</td><td> </td></tr><tr><td>Total marketable securities</td><td> </td><td>$</td><td>686,516</td><td> </td><td>$</td><td>430</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>686,946</td><td> </td></tr></table> | table | 9872 | monetaryItemType | table: <entity> 9872 </entity> <entity type> monetaryItemType </entity type> <context> Commercial Paper | | 9,872 | | — | | — | | 9,872 | </context> | us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>At December 31, 2023</td><td></td><td>Amortized Cost</td><td></td><td>holding gains</td><td></td><td>holding losses</td><td></td><td>Fair market value</td><td></td></tr><tr><td>Marketable securities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Bond and bond funds</td><td> </td><td>$</td><td>676,644</td><td> </td><td>$</td><td>430</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>677,074</td><td> </td></tr><tr><td>Commercial Paper</td><td> </td><td></td><td>9,872</td><td> </td><td></td><td>—</td><td> </td><td></td><td>—</td><td> </td><td></td><td>9,872</td><td> </td></tr><tr><td>Total marketable securities</td><td> </td><td>$</td><td>686,516</td><td> </td><td>$</td><td>430</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>686,946</td><td> </td></tr></table> | table | 9872 | monetaryItemType | table: <entity> 9872 </entity> <entity type> monetaryItemType </entity type> <context> Commercial Paper | | 9,872 | | — | | — | | 9,872 | </context> | us-gaap:AvailableForSaleSecuritiesDebtSecurities |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>At December 31, 2023</td><td></td><td>Amortized Cost</td><td></td><td>holding gains</td><td></td><td>holding losses</td><td></td><td>Fair market value</td><td></td></tr><tr><td>Marketable securities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Bond and bond funds</td><td> </td><td>$</td><td>676,644</td><td> </td><td>$</td><td>430</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>677,074</td><td> </td></tr><tr><td>Commercial Paper</td><td> </td><td></td><td>9,872</td><td> </td><td></td><td>—</td><td> </td><td></td><td>—</td><td> </td><td></td><td>9,872</td><td> </td></tr><tr><td>Total marketable securities</td><td> </td><td>$</td><td>686,516</td><td> </td><td>$</td><td>430</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>686,946</td><td> </td></tr></table> | table | 686516 | monetaryItemType | table: <entity> 686516 </entity> <entity type> monetaryItemType </entity type> <context> Total marketable securities | | $ | 686,516 | | $ | 430 | | $ | — | | $ | 686,946 | </context> | us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td>Gross unrealized</td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>At December 31, 2023</td><td></td><td>Amortized Cost</td><td></td><td>holding gains</td><td></td><td>holding losses</td><td></td><td>Fair market value</td><td></td></tr><tr><td>Marketable securities:</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Bond and bond funds</td><td> </td><td>$</td><td>676,644</td><td> </td><td>$</td><td>430</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>677,074</td><td> </td></tr><tr><td>Commercial Paper</td><td> </td><td></td><td>9,872</td><td> </td><td></td><td>—</td><td> </td><td></td><td>—</td><td> </td><td></td><td>9,872</td><td> </td></tr><tr><td>Total marketable securities</td><td> </td><td>$</td><td>686,516</td><td> </td><td>$</td><td>430</td><td> </td><td>$</td><td>—</td><td> </td><td>$</td><td>686,946</td><td> </td></tr></table> | table | 686946 | monetaryItemType | table: <entity> 686946 </entity> <entity type> monetaryItemType </entity type> <context> Total marketable securities | | $ | 686,516 | | $ | 430 | | $ | — | | $ | 686,946 | </context> | us-gaap:AvailableForSaleSecuritiesDebtSecurities |
<table><tr><td> </td><td> </td><td></td><td></td><td></td><td></td></tr><tr><td>Assets</td><td> </td><td>Depreciable Life</td><td> </td><td>Current Residual Value</td></tr><tr><td>Aircraft, rotable spares, and spare engines</td><td> </td><td>up to 27 years</td><td></td><td>up to 20</td><td>%</td></tr><tr><td>Ground equipment</td><td> </td><td>up to 10 years</td><td></td><td>0</td><td>%</td></tr><tr><td>Office equipment</td><td> </td><td>up to 5 years</td><td> </td><td>0</td><td>%</td></tr><tr><td>Leasehold improvements</td><td> </td><td>Shorter of 15 years or lease term</td><td></td><td>0</td><td>%</td></tr><tr><td>Buildings</td><td> </td><td>20 - 39.5 years</td><td></td><td>0</td><td>%</td></tr></table> | table | 20 | percentItemType | table: <entity> 20 </entity> <entity type> percentItemType </entity type> <context> None </context> | us-gaap:PropertyPlantAndEquipmentSalvageValuePercentage |
<table><tr><td> </td><td> </td><td></td><td></td><td></td><td></td></tr><tr><td>Assets</td><td> </td><td>Depreciable Life</td><td> </td><td>Current Residual Value</td></tr><tr><td>Aircraft, rotable spares, and spare engines</td><td> </td><td>up to 27 years</td><td></td><td>up to 20</td><td>%</td></tr><tr><td>Ground equipment</td><td> </td><td>up to 10 years</td><td></td><td>0</td><td>%</td></tr><tr><td>Office equipment</td><td> </td><td>up to 5 years</td><td> </td><td>0</td><td>%</td></tr><tr><td>Leasehold improvements</td><td> </td><td>Shorter of 15 years or lease term</td><td></td><td>0</td><td>%</td></tr><tr><td>Buildings</td><td> </td><td>20 - 39.5 years</td><td></td><td>0</td><td>%</td></tr></table> | table | 0 | percentItemType | table: <entity> 0 </entity> <entity type> percentItemType </entity type> <context> Ground equipment | | up to 10 years | 0 | % </context> | us-gaap:PropertyPlantAndEquipmentSalvageValuePercentage |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>For the year ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td></td><td>2023</td><td> </td><td>2022</td></tr><tr><td>Capacity purchase agreements flight operations revenue (non-lease component)</td><td> </td><td>$</td><td>2,415,598</td><td> </td><td>$</td><td>1,976,743</td><td> </td><td>$</td><td>2,028,308</td></tr><tr><td>Capacity purchase agreements fixed aircraft lease revenue</td><td> </td><td> </td><td>303,134</td><td> </td><td> </td><td>296,047</td><td> </td><td> </td><td>504,529</td></tr><tr><td>Capacity purchase agreements variable aircraft lease revenue</td><td> </td><td></td><td>236,676</td><td> </td><td> </td><td>180,218</td><td> </td><td> </td><td>17,664</td></tr><tr><td>Prorate agreements and SWC revenue</td><td> </td><td></td><td>457,390</td><td> </td><td> </td><td>381,389</td><td> </td><td> </td><td>349,336</td></tr><tr><td>Flying agreements revenue</td><td> </td><td>$</td><td>3,412,798</td><td></td><td>$</td><td>2,834,397</td><td> </td><td>$</td><td>2,899,837</td></tr></table> | table | 2415598 | monetaryItemType | table: <entity> 2415598 </entity> <entity type> monetaryItemType </entity type> <context> Capacity purchase agreements flight operations revenue (non-lease component) | | $ | 2,415,598 | | $ | 1,976,743 | | $ | 2,028,308 </context> | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>For the year ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td></td><td>2023</td><td> </td><td>2022</td></tr><tr><td>Capacity purchase agreements flight operations revenue (non-lease component)</td><td> </td><td>$</td><td>2,415,598</td><td> </td><td>$</td><td>1,976,743</td><td> </td><td>$</td><td>2,028,308</td></tr><tr><td>Capacity purchase agreements fixed aircraft lease revenue</td><td> </td><td> </td><td>303,134</td><td> </td><td> </td><td>296,047</td><td> </td><td> </td><td>504,529</td></tr><tr><td>Capacity purchase agreements variable aircraft lease revenue</td><td> </td><td></td><td>236,676</td><td> </td><td> </td><td>180,218</td><td> </td><td> </td><td>17,664</td></tr><tr><td>Prorate agreements and SWC revenue</td><td> </td><td></td><td>457,390</td><td> </td><td> </td><td>381,389</td><td> </td><td> </td><td>349,336</td></tr><tr><td>Flying agreements revenue</td><td> </td><td>$</td><td>3,412,798</td><td></td><td>$</td><td>2,834,397</td><td> </td><td>$</td><td>2,899,837</td></tr></table> | table | 1976743 | monetaryItemType | table: <entity> 1976743 </entity> <entity type> monetaryItemType </entity type> <context> Capacity purchase agreements flight operations revenue (non-lease component) | | $ | 2,415,598 | | $ | 1,976,743 | | $ | 2,028,308 </context> | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>For the year ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td></td><td>2023</td><td> </td><td>2022</td></tr><tr><td>Capacity purchase agreements flight operations revenue (non-lease component)</td><td> </td><td>$</td><td>2,415,598</td><td> </td><td>$</td><td>1,976,743</td><td> </td><td>$</td><td>2,028,308</td></tr><tr><td>Capacity purchase agreements fixed aircraft lease revenue</td><td> </td><td> </td><td>303,134</td><td> </td><td> </td><td>296,047</td><td> </td><td> </td><td>504,529</td></tr><tr><td>Capacity purchase agreements variable aircraft lease revenue</td><td> </td><td></td><td>236,676</td><td> </td><td> </td><td>180,218</td><td> </td><td> </td><td>17,664</td></tr><tr><td>Prorate agreements and SWC revenue</td><td> </td><td></td><td>457,390</td><td> </td><td> </td><td>381,389</td><td> </td><td> </td><td>349,336</td></tr><tr><td>Flying agreements revenue</td><td> </td><td>$</td><td>3,412,798</td><td></td><td>$</td><td>2,834,397</td><td> </td><td>$</td><td>2,899,837</td></tr></table> | table | 2028308 | monetaryItemType | table: <entity> 2028308 </entity> <entity type> monetaryItemType </entity type> <context> Capacity purchase agreements flight operations revenue (non-lease component) | | $ | 2,415,598 | | $ | 1,976,743 | | $ | 2,028,308 </context> | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>For the year ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td></td><td>2023</td><td> </td><td>2022</td></tr><tr><td>Capacity purchase agreements flight operations revenue (non-lease component)</td><td> </td><td>$</td><td>2,415,598</td><td> </td><td>$</td><td>1,976,743</td><td> </td><td>$</td><td>2,028,308</td></tr><tr><td>Capacity purchase agreements fixed aircraft lease revenue</td><td> </td><td> </td><td>303,134</td><td> </td><td> </td><td>296,047</td><td> </td><td> </td><td>504,529</td></tr><tr><td>Capacity purchase agreements variable aircraft lease revenue</td><td> </td><td></td><td>236,676</td><td> </td><td> </td><td>180,218</td><td> </td><td> </td><td>17,664</td></tr><tr><td>Prorate agreements and SWC revenue</td><td> </td><td></td><td>457,390</td><td> </td><td> </td><td>381,389</td><td> </td><td> </td><td>349,336</td></tr><tr><td>Flying agreements revenue</td><td> </td><td>$</td><td>3,412,798</td><td></td><td>$</td><td>2,834,397</td><td> </td><td>$</td><td>2,899,837</td></tr></table> | table | 303134 | monetaryItemType | table: <entity> 303134 </entity> <entity type> monetaryItemType </entity type> <context> Capacity purchase agreements fixed aircraft lease revenue | | | 303,134 | | | 296,047 | | | 504,529 </context> | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>For the year ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td></td><td>2023</td><td> </td><td>2022</td></tr><tr><td>Capacity purchase agreements flight operations revenue (non-lease component)</td><td> </td><td>$</td><td>2,415,598</td><td> </td><td>$</td><td>1,976,743</td><td> </td><td>$</td><td>2,028,308</td></tr><tr><td>Capacity purchase agreements fixed aircraft lease revenue</td><td> </td><td> </td><td>303,134</td><td> </td><td> </td><td>296,047</td><td> </td><td> </td><td>504,529</td></tr><tr><td>Capacity purchase agreements variable aircraft lease revenue</td><td> </td><td></td><td>236,676</td><td> </td><td> </td><td>180,218</td><td> </td><td> </td><td>17,664</td></tr><tr><td>Prorate agreements and SWC revenue</td><td> </td><td></td><td>457,390</td><td> </td><td> </td><td>381,389</td><td> </td><td> </td><td>349,336</td></tr><tr><td>Flying agreements revenue</td><td> </td><td>$</td><td>3,412,798</td><td></td><td>$</td><td>2,834,397</td><td> </td><td>$</td><td>2,899,837</td></tr></table> | table | 296047 | monetaryItemType | table: <entity> 296047 </entity> <entity type> monetaryItemType </entity type> <context> Capacity purchase agreements fixed aircraft lease revenue | | | 303,134 | | | 296,047 | | | 504,529 </context> | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>For the year ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td></td><td>2023</td><td> </td><td>2022</td></tr><tr><td>Capacity purchase agreements flight operations revenue (non-lease component)</td><td> </td><td>$</td><td>2,415,598</td><td> </td><td>$</td><td>1,976,743</td><td> </td><td>$</td><td>2,028,308</td></tr><tr><td>Capacity purchase agreements fixed aircraft lease revenue</td><td> </td><td> </td><td>303,134</td><td> </td><td> </td><td>296,047</td><td> </td><td> </td><td>504,529</td></tr><tr><td>Capacity purchase agreements variable aircraft lease revenue</td><td> </td><td></td><td>236,676</td><td> </td><td> </td><td>180,218</td><td> </td><td> </td><td>17,664</td></tr><tr><td>Prorate agreements and SWC revenue</td><td> </td><td></td><td>457,390</td><td> </td><td> </td><td>381,389</td><td> </td><td> </td><td>349,336</td></tr><tr><td>Flying agreements revenue</td><td> </td><td>$</td><td>3,412,798</td><td></td><td>$</td><td>2,834,397</td><td> </td><td>$</td><td>2,899,837</td></tr></table> | table | 504529 | monetaryItemType | table: <entity> 504529 </entity> <entity type> monetaryItemType </entity type> <context> Capacity purchase agreements fixed aircraft lease revenue | | | 303,134 | | | 296,047 | | | 504,529 </context> | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>For the year ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td></td><td>2023</td><td> </td><td>2022</td></tr><tr><td>Capacity purchase agreements flight operations revenue (non-lease component)</td><td> </td><td>$</td><td>2,415,598</td><td> </td><td>$</td><td>1,976,743</td><td> </td><td>$</td><td>2,028,308</td></tr><tr><td>Capacity purchase agreements fixed aircraft lease revenue</td><td> </td><td> </td><td>303,134</td><td> </td><td> </td><td>296,047</td><td> </td><td> </td><td>504,529</td></tr><tr><td>Capacity purchase agreements variable aircraft lease revenue</td><td> </td><td></td><td>236,676</td><td> </td><td> </td><td>180,218</td><td> </td><td> </td><td>17,664</td></tr><tr><td>Prorate agreements and SWC revenue</td><td> </td><td></td><td>457,390</td><td> </td><td> </td><td>381,389</td><td> </td><td> </td><td>349,336</td></tr><tr><td>Flying agreements revenue</td><td> </td><td>$</td><td>3,412,798</td><td></td><td>$</td><td>2,834,397</td><td> </td><td>$</td><td>2,899,837</td></tr></table> | table | 236676 | monetaryItemType | table: <entity> 236676 </entity> <entity type> monetaryItemType </entity type> <context> Capacity purchase agreements variable aircraft lease revenue | | 236,676 | | | 180,218 | | | 17,664 </context> | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>For the year ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td></td><td>2023</td><td> </td><td>2022</td></tr><tr><td>Capacity purchase agreements flight operations revenue (non-lease component)</td><td> </td><td>$</td><td>2,415,598</td><td> </td><td>$</td><td>1,976,743</td><td> </td><td>$</td><td>2,028,308</td></tr><tr><td>Capacity purchase agreements fixed aircraft lease revenue</td><td> </td><td> </td><td>303,134</td><td> </td><td> </td><td>296,047</td><td> </td><td> </td><td>504,529</td></tr><tr><td>Capacity purchase agreements variable aircraft lease revenue</td><td> </td><td></td><td>236,676</td><td> </td><td> </td><td>180,218</td><td> </td><td> </td><td>17,664</td></tr><tr><td>Prorate agreements and SWC revenue</td><td> </td><td></td><td>457,390</td><td> </td><td> </td><td>381,389</td><td> </td><td> </td><td>349,336</td></tr><tr><td>Flying agreements revenue</td><td> </td><td>$</td><td>3,412,798</td><td></td><td>$</td><td>2,834,397</td><td> </td><td>$</td><td>2,899,837</td></tr></table> | table | 180218 | monetaryItemType | table: <entity> 180218 </entity> <entity type> monetaryItemType </entity type> <context> Capacity purchase agreements variable aircraft lease revenue | | 236,676 | | | 180,218 | | | 17,664 </context> | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>For the year ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td></td><td>2023</td><td> </td><td>2022</td></tr><tr><td>Capacity purchase agreements flight operations revenue (non-lease component)</td><td> </td><td>$</td><td>2,415,598</td><td> </td><td>$</td><td>1,976,743</td><td> </td><td>$</td><td>2,028,308</td></tr><tr><td>Capacity purchase agreements fixed aircraft lease revenue</td><td> </td><td> </td><td>303,134</td><td> </td><td> </td><td>296,047</td><td> </td><td> </td><td>504,529</td></tr><tr><td>Capacity purchase agreements variable aircraft lease revenue</td><td> </td><td></td><td>236,676</td><td> </td><td> </td><td>180,218</td><td> </td><td> </td><td>17,664</td></tr><tr><td>Prorate agreements and SWC revenue</td><td> </td><td></td><td>457,390</td><td> </td><td> </td><td>381,389</td><td> </td><td> </td><td>349,336</td></tr><tr><td>Flying agreements revenue</td><td> </td><td>$</td><td>3,412,798</td><td></td><td>$</td><td>2,834,397</td><td> </td><td>$</td><td>2,899,837</td></tr></table> | table | 17664 | monetaryItemType | table: <entity> 17664 </entity> <entity type> monetaryItemType </entity type> <context> Capacity purchase agreements variable aircraft lease revenue | | 236,676 | | | 180,218 | | | 17,664 </context> | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax |
<table><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td> </td><td> </td><td>For the year ended December 31,</td></tr><tr><td> </td><td></td><td>2024</td><td></td><td>2023</td><td> </td><td>2022</td></tr><tr><td>Capacity purchase agreements flight operations revenue (non-lease component)</td><td> </td><td>$</td><td>2,415,598</td><td> </td><td>$</td><td>1,976,743</td><td> </td><td>$</td><td>2,028,308</td></tr><tr><td>Capacity purchase agreements fixed aircraft lease revenue</td><td> </td><td> </td><td>303,134</td><td> </td><td> </td><td>296,047</td><td> </td><td> </td><td>504,529</td></tr><tr><td>Capacity purchase agreements variable aircraft lease revenue</td><td> </td><td></td><td>236,676</td><td> </td><td> </td><td>180,218</td><td> </td><td> </td><td>17,664</td></tr><tr><td>Prorate agreements and SWC revenue</td><td> </td><td></td><td>457,390</td><td> </td><td> </td><td>381,389</td><td> </td><td> </td><td>349,336</td></tr><tr><td>Flying agreements revenue</td><td> </td><td>$</td><td>3,412,798</td><td></td><td>$</td><td>2,834,397</td><td> </td><td>$</td><td>2,899,837</td></tr></table> | table | 457390 | monetaryItemType | table: <entity> 457390 </entity> <entity type> monetaryItemType </entity type> <context> Prorate agreements and SWC revenue | | 457,390 | | | 381,389 | | | 349,336 </context> | us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax |
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