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Flying Agreements Revenue and Lease, Airport Services and Other Revenues (Tables)
3 Months Ended
Mar. 31, 2022
Agreements with other airlines  
Schedule of revenue by type

The following table represents the Company’s flying agreements revenue by type for the three months ended March 31, 2022 and 2021 (in thousands):

For the three months ended March 31,

2022

    

2021

Capacity purchase agreements revenue: flight operations

$

348,474

$

211,052

Capacity purchase agreements revenue: aircraft lease and fixed revenue

 

280,419

 

231,491

Prorate agreements revenue

 

79,170

 

68,648

Flying agreements revenue

$

708,063

$

511,191

Schedule of aircraft and agreements with major airline partners

United Express Agreements

Agreement

    

Aircraft type

    

Number of
Aircraft

    

Term / Termination Dates

United Express Agreements

(Capacity purchase agreement)

E175

CRJ 700

CRJ 200

90

19

70

Individual aircraft have scheduled removal dates from 2024 to 2029

United Express Prorate Agreement

(Prorate agreement)

CRJ 200

41

Terminable with 120-day notice

Total under United Express Agreements

220

Delta Connection Agreements

Agreement

    

Aircraft type

    

Number of
Aircraft

    

Term / Termination Dates

Delta Connection Agreement

(Capacity purchase agreement)

E175

CRJ 900

CRJ 700

CRJ 200

71

44

5

9

Individual aircraft have scheduled removal dates from 2022 to 2031

Delta Connection Prorate Agreement

(Prorate agreement)

CRJ 200

20

Terminable with 30-day notice

Total under Delta Connection Agreements

149

American Capacity Purchase Agreement

Agreement

    

Aircraft type

    

Number of
Aircraft

    

Term / Termination Dates

American Agreement

(Capacity purchase agreement)

E175

CRJ 700

18

90

Individual aircraft have scheduled removal dates from 2024 to 2032

Total under American Agreements

108

Alaska Capacity Purchase Agreement

Agreement

    

Aircraft type

    

Number of
Aircraft

    

Term / Termination Dates

Alaska Agreement

(Capacity purchase agreement)

E175

36

Individual aircraft have scheduled removal dates from 2030 to 2034

Schedule of future minimum rental payments for operating leases The following table summarizes future minimum rental payments primarily related to leased aircraft required under operating leases that had initial or remaining non-cancelable lease terms as of March 31, 2022 (in thousands):

April 2022 through December 2022

    

$

66,742

2023

 

76,049

2024

 

32,144

2025

 

17,568

2026

 

15,491

Thereafter

 

72,827

$

280,821

Airport customer service and other  
Agreements with other airlines  
Schedule of revenue by type The following table represents the Company’s lease, airport services and other revenues for the three months ended March 31, 2022 and 2021 (in thousands):

For the three months ended March 31,

    

2022

    

2021

Operating lease revenue

$

16,555

$

14,950

Airport customer service and other revenue

10,534

8,414

Lease, airport services and other

$

27,089

$

23,364

Aircraft  
Agreements with other airlines  
Schedule of future minimum rental payments for operating leases

For the three months ended March 31,

    

2022

    

2021

Operating lease revenue

$

16,555

$

14,950

Airport customer service and other revenue

10,534

8,414

Lease, airport services and other

$

27,089

$

23,364

The following table summarizes future minimum rental income under operating leases primarily related to leased aircraft and engines that had remaining non-cancelable lease terms as of March 31, 2022 (in thousands):

April 2022 through December 2022

    

$

34,054

2023

 

44,677

2024

 

42,593

2025

 

39,145

2026

 

34,516

Thereafter

 

120,636

$

315,621