2 unchanged sentences
In the past, we have not experienced sustained material difficulties with fuel availability, and we currently expect to be able to obtain fuel at prevailing prices in quantities sufficient to meet our future needs.
−Removed: Pursuant to our contract flying arrangements, United, Delta, American and Alaska have agreed to bear the economic risk of fuel price fluctuations on our contracted flights.
+Added: Pursuant to our contract flying agreements, United, Delta, American and Alaska have agreed to bear the economic risk of fuel price fluctuations on our contracted flights.
We bear the economic risk of fuel price fluctuations on our prorate and SWC operations.
5 unchanged sentences
As of December 31, 2024, our long-term debt had fixed interest rates.
−Removed: We currently intend to finance the acquisition of aircraft through manufacturer financing or long-term borrowings.
+Added: We currently intend to finance the acquisition of aircraft through long-term debt.
Changes in interest rates may impact our actual cost to acquire future aircraft.
To the extent we place new aircraft in service under our capacity purchase agreements with United, Delta, American, Alaska or other carriers, our capacity purchase agreements currently provide that reimbursement rates will be adjusted to reflect the interest rates effective at the closing of the respective aircraft financing.
−Removed: A hypothetical 50 basis point change in market interest rates would not have a material effect on our financial results.
+Added: As such, a hypothetical 50 basis point change in market interest rates would not have a material effect on our financial results.
Labor and Inflation Risk
1 unchanged sentence
We cannot predict how long these inflationary pressures will continue, or how they may change over time, but we expect to see continued impacts on the global economy and our Company.
−Removed: As a result, our costs have become, and we expect they will continue to be, subject to significant inflationary pressures, and we may not be able to fully offset such higher costs through price increases under our capacity purchase agreements.
+Added: As a result, our costs have become, and we expect they will continue to be, subject to inflationary pressures, and we may not be able to fully offset such higher costs through price increases under our capacity purchase agreements.
Salaries, wages and benefits expense represented 48.3% of our total operating expense for year ended December 31, 2024.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.