Today was the Q2 investor call. Here's just a few highlights:
Net loss for the quarter was $121 million
- Total operating revenues of $605 million, 11 percent higher than the corresponding pre-COVID quarter in 2019
- Generated $69 of ancillary revenue per passenger during the first quarter of 2022, 21 percent higher than the corresponding pre-COVID quarter in 2019
- Repaid the $150 million outstanding borrowings under the secured term loan facility with the U.S. Treasury (the “Treasury Loan”) in February 2022, unencumbering the Company's co-branded credit card program and related brand assets that had secured it
- Ended the first quarter of 2022 with $727 million of unrestricted cash and cash equivalents