Segment and Revenue Information (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The Company's segment information from continuing operations is presented below (in thousands):

	Year Ended December 31
	2023		2022		2021
Total revenues:
CAM	$	461,038	$	434,686	$	370,287
ACMI Services	1,399,764		1,404,348		1,185,128
All other	446,506		430,326		375,571
Eliminate inter-segment revenues	(236,697)		(223,891)		(196,704)
Total	$	2,070,611	$	2,045,469	$	1,734,282
Customer revenues:
CAM	$	353,998	$	317,167	$	273,288
ACMI Services	1,399,622		1,404,254		1,185,113
All other	316,991		324,048		275,881
Total	$	2,070,611	$	2,045,469	$	1,734,282

Revenue from External Customers from Other Activities

The Company's external customer revenues from other activities for the years ending December 31, 2023, 2022 and 2021 are presented below (in thousands):

	Year Ended December 31,
	2023		2022		2021
Aircraft maintenance, modifications and part sales	$	147,188	$	145,998	$	127,378
Ground services	95,505		107,080		99,133
Other, including aviation fuel sales	74,298		70,970		49,370
Total customer revenues	$	316,991	$	324,048	$	275,881

Other Segment Information From Continuing Operations

The Company's other segment information from continuing operations is presented below (in thousands):

	Year Ended December 31,
	2023		2022		2021
Depreciation and amortization expense:
CAM	$	243,537	$	231,663	$	203,675
ACMI Services	96,762		96,996		101,541
All other	2,686		2,405		3,232
Total	$	342,985	$	331,064	$	308,448
Interest expense
CAM	48,136		30,880		38,160
ACMI Services	21,440		13,818		18,066
Segment earnings (loss):
CAM	$	109,415	$	143,008	$	106,161
ACMI Services	32,006		95,198		158,733
All other	(11,165)		2,579		112
Net unallocated interest expense	(2,362)		(1,748)		(2,525)
Net gain (loss) on financial instruments	(962)		9,022		29,979
Debt issuance costs	(936)		—		(6,505)
Other non-service components of retiree benefit costs, net	(37,017)		20,046		17,827
Loss from non-consolidated affiliate	(4,740)		(7,607)		(2,577)
Pre-tax earnings from continuing operations	$	84,239	$	260,498	$	301,205

Schedule of Assets by Segment

The Company's assets are presented below by segment (in thousands). Cash and cash equivalents are reflected in Assets - All other.

	December 31
	2023		2022		2021
Assets:
CAM	$	2,885,508	$	2,510,559	$	2,218,012
ACMI Services	828,703		921,522		872,311
All other	167,879		157,812		177,012
Total	$	3,882,090	$	3,589,893	$	3,267,335