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2020-12-31 0001743907 sncy:InternationalBrotherhoodOfTeamstersMember 2020-12-31 0001743907 sncy:AirLinePilotsAssociationMember 2020-12-31 0001743907 2021-01-01 2021-03-31 sncy:segment sncy:lease iso4217:USD xbrli:shares utr:gal sncy:item sncy:aircraft xbrli:shares xbrli:pure iso4217:USD sncy:employee false S-1 0001743907 true false Non-accelerated Filer 395 466 22 Sun Country Airlines Holdings, Inc. false 43866000 43866000 50000000 50000000 17970000 10253000 10253000 8027000 7569000 7569000 2133000 2133000 5436000 5436000 975000 533000 442000 <div> <div> The following table shows the Company’s airline employee groups represented by unions: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:41.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:26.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:41.66%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Employee Group </td> <td valign="bottom" style="width:02.70%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:14.44%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Number of Active Employees Represented </td> <td valign="bottom" style="width:02.70%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.84%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Union </td> <td valign="bottom" style="width:02.70%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:26.96%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Date on which Collective Bargaining Agreement Becomes Amendable </td> </tr> <tr> <td valign="bottom" style="width:41.66%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> Sun Country Pilots </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.44%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>395 </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> ALPA </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:26.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> October 31, 2020 </td> </tr> <tr> <td valign="bottom" style="width:41.66%;padding:0pt;"> Sun Country Flight Attendants </td> <td valign="bottom" style="width:02.70%;padding:0pt;">   </td> <td valign="bottom" style="width:14.44%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>466 </td> <td valign="bottom" style="width:02.70%;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;padding:0pt;"> IBT </td> <td valign="bottom" style="width:02.70%;padding:0pt;">   </td> <td valign="bottom" style="width:26.96%;padding:0pt;"> December 31, 2019 </td> </tr> <tr> <td valign="bottom" style="width:41.66%;background-color: #CCEEFF;padding:0pt;"> Sun Country Dispatchers </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.44%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22 </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;background-color: #CCEEFF;padding:0pt;"> TWU </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:26.96%;background-color: #CCEEFF;padding:0pt;"> November 30, 2024 </td> </tr> </table></div>   <div /></div> </div> 116660000 101075000 101075000 94733000 0.15 17275000 14064000 2913000 10421000 2004000 0 17275000 20386000 4103000 14110000 2755000 4138000 2069000 2069000 292450000 9006000 12237000 17923000 72235000 10038000 37165000 108017000 75238000 8308000 32779000 5326755 22064000 22064000 40005885 165711000 165711000 2328000 2328000 2328000 334000 334000 5000 62312000 62312000 62312000 62312000 1753000 32208000 32208000 4831000 4831000 2280000 665000 284000 2053000 4502000 <div> <div> Change in Presentation—The Company changed the prior year presentations within the Consolidated Statements of Cash Flows to present the change in Accrued Transportation Taxes on its own line, which was previously included in the change in Other Liabilities. <div /></div> </div> <div> <div> Co-branded Credit Card Program—Under the Company’s co-branded credit card program, funds received for the marketing of a co-branded credit card and delivery of loyalty points are accounted for as a multiple- deliverable arrangement. At the inception of the arrangement, the Company evaluated all deliverables in the arrangement to determine whether they represent distinct performance obligations. The Company determined the arrangement has two distinct performance obligations: loyalty points to be awarded, and brand and marketing. Funds received are allocated based on relative standalone selling price. Revenue for the brand and marketing performance obligation is recognized as revenue when earned and recorded in Other Revenue. Consideration allocated to loyalty points is deferred and recognized as Passenger Revenue upon future redemption of the points. <div /></div> </div> <div> <div> Concentration Risk—Approximately 41% of the Company’s Accounts Receivable balance as of December 31, 2020 was due from Amazon. In addition, approximately 8% and 19% of the Company’s Accounts Receivable balances as of December 31, 2020 and 2019, respectively, were from major financial institutions for tickets purchased via credit cards. One financial institution accounted for approximately 5% and 16% of the Company’s Accounts Receivable balance as of December 31, 2020 and 2019, respectively. Approximately 57%,  58% and 48% of the Company’s fuel purchases were made from two vendors for the years ended December 31, 2020, 2019 and 2018, respectively. Approximately 52% of the Company’s workforce were under union contracts as of December 31, 2020 with three different unions: Air Line Pilots Association (“ALPA”), International Brotherhood of Teamsters (“IBT”) and Transport Workers Union (“TWU”). Approximately 98% of the Company’s union workforce are under contracts that have expired or will be expiring within a year. The following table shows the Company’s airline employee groups represented by unions: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:41.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:26.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:41.66%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Employee Group </td> <td valign="bottom" style="width:02.70%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:14.44%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Number of Active Employees Represented </td> <td valign="bottom" style="width:02.70%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.84%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Union </td> <td valign="bottom" style="width:02.70%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:26.96%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Date on which Collective Bargaining Agreement Becomes Amendable </td> </tr> <tr> <td valign="bottom" style="width:41.66%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> Sun Country Pilots </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.44%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>395 </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> ALPA </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:26.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> October 31, 2020 </td> </tr> <tr> <td valign="bottom" style="width:41.66%;padding:0pt;"> Sun Country Flight Attendants </td> <td valign="bottom" style="width:02.70%;padding:0pt;">   </td> <td valign="bottom" style="width:14.44%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>466 </td> <td valign="bottom" style="width:02.70%;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;padding:0pt;"> IBT </td> <td valign="bottom" style="width:02.70%;padding:0pt;">   </td> <td valign="bottom" style="width:26.96%;padding:0pt;"> December 31, 2019 </td> </tr> <tr> <td valign="bottom" style="width:41.66%;background-color: #CCEEFF;padding:0pt;"> Sun Country Dispatchers </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.44%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22 </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;background-color: #CCEEFF;padding:0pt;"> TWU </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:26.96%;background-color: #CCEEFF;padding:0pt;"> November 30, 2024 </td> </tr> </table></div>   <div /></div> </div> 6516000 12263000 425000 1402000 0 43844000 36729000 36729000 16501000 26512000 12891000 12 12 7578000 6483000 1635000 4015000 857000 3 2 1045000 245000 252869 1074704 419000 P1Y 87700000 62100000 87700000 62100000 30000000 30000000 0.02 0.02 0.0695 0.0413 0.0466 0.0425 0.0478 P6M P6M 10000000 202000 270000 775000 342000 554000 670000 810000 983000 678000 785000 752000 908000 5624000 9880000 2858000 115200000 115200000 7481000 4434000 45392000 20095000 38629000 32942000 44696000 23462000 33844000 27892000 308000 592000 908000 1040000 21000000 12700000 -12006000 10791000 -21752000 -12206000 2386000 -271000 -1757000 -0.404 0.002 -0.033 -0.429 0.002 -0.022 10000 0.50 7.38 369845000 254369000 341476000 226084000 8463000 1200000 8619000 23828000 41719000 9292000 20596000 5230000 <div> <div> 3. IMPACT OF THE COVID‑19 PANDEMIC In December 2019, a novel strain of COVID‑19 was reported in Wuhan, China. COVID‑19 has since spread to almost every country in the world, including the United States. On March 11, 2020, the World Health Organization declared COVID‑19 to constitute a “Public Health Emergency of International Concern” and the U.S. federal government declared COVID‑19 a “National Emergency.” All major U.S. passenger airlines were negatively impacted by the declining demand environment resulting from the COVID‑19 pandemic. The U.S. Department of State has issued international travel advisories and restrictions and the U.S. federal government has also implemented enhanced screenings and quarantine requirements in connection with the outbreak. In addition, the U.S. Centers for Disease Control has issued travel advisories for domestic travel within the United States. Certain Latin American countries where the Company operates scheduled passenger service have also restricted travel to residents only. Accordingly, the Company experienced a decline in flight bookings and an increase in cancellations beginning in March 2020, as a result of the outbreak. In addition, the federal government has encouraged social distancing efforts and limits on gathering size. Many popular tourist destinations have been closed, or operations are being curtailed, reducing the demand for leisure air travel. Although flight bookings for the second half of 2020 improved compared to the first half of 2020, they remain significantly below the prior year. The timing and pace of the recovery are uncertain as certain markets have reopened, some of which have since experienced a resurgence of COVID‑19 cases, while others, particularly international markets, remain closed or are enforcing extended quarantines for most U.S. residents. Additionally, some states have instituted travel restrictions or advisories for travelers from other states. As of December 31, 2020, there were restrictions in several international countries that did not allow planes from the United States to travel to these countries. Federal, state, and local authorities have at various times instituted measures such as imposing self-quarantine requirements, issuing directives forcing businesses to temporarily close, restricting international air travel, and issuing shelter-in-place and similar orders limiting the movement of individuals. Additionally, certain businesses had restricted non-essential travel for their employees. It is evident that passenger air traffic demand in the foreseeable future will continue to fluctuate in response to fluctuations in COVID‑19 reported cases, hospitalizations, deaths, treatment efficacy and the availability of vaccines. The Company’s charter air transportation services have also been impacted due to a decline in international military charter service, the suspension or cancellation of major U.S. professional and college sports, and the voluntary or mandated closing of casinos. In addition, the Company has experienced increased competition for domestic charters as competitors are now offering charter services with otherwise grounded aircraft due to a decline in their passenger service. In response to COVID‑19 and the reduced consumer demand, the Company has significantly reduced planned capacity for scheduled and charter services. As the COVID‑19 pandemic continues to evolve, the Company’s financial and operational outlook remains subject to change. Despite the pandemic’s impact on the Company’s passenger segment, the Company began providing air cargo service and generating cargo revenues under the Amazon Agreement in the second quarter of 2020 as planned. 3. IMPACT OF THE COVID‑19 PANDEMIC (continued) Liquidity assessment as a result of COVID‑19 impacts At the onset of the pandemic, the Company identified measures to reduce its operating costs and improve its liquidity position and implemented a temporary reduction of scheduled departures, deferred non-essential capital projects, placed a hiring freeze, and negotiated the deferral of aircraft rent payments. Further, on October 8, 2020, the Company announced the elimination of certain management positions. Based on the foregoing measures that the Company has taken to improve its liquidity position, along with the $62,312 grant received from the United States Department of the Treasury under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), and the $45.0 million CARES Act Loan both received in 2020 the Company currently believes that it has sufficient liquidity to meet its near-term obligations.  The extent of the impact of COVID‑19 on the Company’s financial performance will depend on future developments, including the duration and spread of the outbreak and related travel advisories and restrictions and traveler sentiment. The impact of COVID‑19 on overall demand for air travel is highly uncertain and cannot be predicted at the present time. Impairment Consideration The Company identified the impact of the COVID‑19 pandemic on the Company’s operation as an indicator of potential impairment of its long-lived assets, and, as a result, performed an impairment test on its long-lived assets during each quarter of 2020. No impairment charges were recorded during 2020. Also during each quarter of 2020, the Company considered whether the projected financial impact of COVID‑19 indicated that the fair value of goodwill and tradename asset may be lower than their carrying values. The Company’s considerations included future operating cash flows, changes in the market capitalization of competitors within the airline industry, and changes in the regulatory environment. Based on the assessments performed, the Company concluded that the assets were recoverable, and no impairment charges were recorded during 2020. CARES Act On March 27, 2020, the CARES Act was passed by the U.S. Government. The provisions in the act provide for economic relief to eligible individuals and businesses affected by COVID‑19. As a provider of scheduled passenger service, air cargo service, charter air transportation and related services, the Company is eligible for certain benefits outlined in the CARES Act including but not limited to payroll tax breaks, government grants and government loans. On April 15, 2020, the Company was informed by the United States Department of the Treasury that it would receive a grant of $60,559 under the CARES Act Payroll Support Program. The Company received $20,187 in April 2020, and $10,093 in June,  July,  August and September 2020. In September 2020, the Company was awarded an additional CARES Act grant of $1,753. The amount recognized under the CARES Act grant for the year ended December 31, 2020 was $62,312, and is included within Special Items, net on the Consolidated Statements of Operations. Grant dollars were recognized as qualifying expenses were incurred from April 1, 2020 through September 30, 2020, up to the CARES Act grant amount. In connection with the Payroll Support Program, the Company is required to comply with the relevant provisions of the CARES Act, including the requirement that the grant is used exclusively for the continued payment of employee salaries, wages, and benefits, and that the Company refrain from involuntary furloughs of employees or reducing pay rates or benefits through September 30, 2020. The Company must also comply with the provisions prohibiting the repurchase of common stock and the payment of common stock dividends until September 30, 2021, as well as those restricting the payment of certain executive compensation until March 24, 2022. Finally, until March 1, 2022, the Company is required to continue to provide air service to markets served prior to March 1, 2020, to the extent determined reasonable and practicable by the DOT subject to exemptions granted by the DOT to the Company. As of December 31, 2020 and through the date of this report, the Company believes it has complied with the provisions of the Payroll Support Program. 3. IMPACT OF THE COVID‑19 PANDEMIC (continued) The CARES Act provides an employee retention credit (“CARES Employee Retention Credit”) which is a refundable tax credit against certain employment taxes of up to five thousand dollars per employee. The credit is equal to 50% of qualified wages paid to employees during a quarter, capped at ten thousand dollars of qualified annual wages through December 31, 2020. The Company qualified for the credit beginning on April 1, 2020. During the year ended December 31, 2020, the Company recorded $2,328 related to the CARES Employee Retention Credit within Special Items, net on the Company’s Consolidated Statements of Operations. The CARES Act also provides for the deferred payment of the employer portion of social security taxes through the end of 2020, with 50% of the deferred amount due December 31, 2021 and the remaining 50% due December 31, 2022. The amount deferred as of December 31, 2020 was $4,138, of which $2,069 is recorded in Accrued Salaries, Wages, and Benefits and $2,069 is recorded in Other Long-term Liabilities on the Company’s Consolidated Balance Sheets. Under the CARES Act Loan Program, the Company received a $45,000 loan from the U.S. Department of the Treasury on October 26, 2020. See Note 9—Debt.  On January 22, 2021, the Company was informed by the United States Department of the Treasury that it would receive a grant of $32,208 under the Payroll Support Program Extension (PSP2) under the Consolidated Appropriations Act, 2021 (PSP Extension Law). The Company received $16,104 on February 2, 2021, and anticipates receiving the remaining $16,104 prior to the end of March 2021. All funds provided by the Treasury Department to PSP2 participants may only be used for the continuation of payment of employee salaries, wages, and benefits. <div /></div> </div> <div> <div> 3. IMPACT OF THE COVID‑19 PANDEMIC<a name="a3IMPACTOFTHECOVID19PANDEMIC_853125"></a> All major U.S. passenger airlines were negatively impacted by the declining demand environment resulting from the COVID‑19 pandemic. The U.S. Department of State has issued international travel advisories and restrictions and the U.S. federal government has also implemented enhanced screenings and quarantine requirements in connection with the outbreak. State and local governments may have additional restrictions that adversely impact travel. In addition, the U.S. Centers for Disease Control has issued travel advisories for domestic travel within the United States. Certain Latin American countries where the Company operates scheduled passenger service have also restricted travel to residents only. Accordingly, the Company experienced a dramatic decline in flight bookings and an increase in cancellations beginning in March 2020, as a result of the outbreak. In addition, the federal government has encouraged social distancing efforts and limits on gathering size. Many popular tourist destinations have been closed, or operations are being curtailed, reducing the demand for leisure air travel. The continued distribution of effective vaccines and the easing of travel advisories and restrictions has lead to growing customer confidence and increased demand. There have been fluctuations in the rate of infections during 2021 and the U.S. Food and Drug Administration has issued an emergency use authorization for COVID-19 vaccines. 3. IMPACT OF THE COVID‑19 PANDEMIC (continued) The timing and pace of the recovery from the COVID‑19 pandemic are uncertain as certain markets have reopened, some of which have since experienced a resurgence of COVID‑19 cases, while others, particularly international markets, remain closed or are enforcing extended quarantines for most U.S. residents. Federal, state, and local authorities have at various times instituted measures such as imposing self-quarantine requirements, issuing directives forcing businesses to temporarily close, restricting international air travel, and issuing shelter-in-place and similar orders limiting the movement of individuals. Additionally, certain businesses have restricted non-essential travel for their employees. The Company’s charter air transportation services have also been impacted due to a decline in international military charter service, the suspension or cancellation of major U.S. professional and college sports, and the voluntary or mandated closing of casinos. In addition, the Company has experienced increased competition for domestic charters as competitors are now offering charter services with otherwise grounded aircraft due to a decline in their passenger service. As the COVID‑19 pandemic continues to evolve, the Company’s financial and operational outlook remains subject to change. Despite the pandemic’s impact on the Company’s passenger segment, the Company has continued to provide air cargo service under the ATSA as planned. Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) On March 27, 2020, the CARES Act was passed by the U.S. Government. The provisions in the act provide for economic relief to eligible individuals and businesses affected by COVID‑19. As a provider of scheduled passenger service, air cargo service, charter air transportation and related services, the Company is eligible for and has received certain benefits outlined in the CARES Act including but not limited to payroll tax breaks, government grants and government loans. The grant amount recognized under the CARES Act Payroll Support Program for the year ended December 31, 2020 was $62,312 and was recorded in Special Items, net. During the first quarter of 2021, the Company received and recognized as income $32,208 from the Treasury under the Payroll Support Program Extension (“PSP2”). Subsequent to the first quarter of 2021, on April 22, 2021, the Company received an additional $4,831 from the Treasury as a top-off grant under PSP2. The CARES Act provides an employee retention credit (“CARES Employee Retention Credit”) which is a refundable tax credit against certain employment taxes. During the year ended December 31, 2020, the Company recorded $2,328 related to the CARES Employee Retention Credit within Special Items, net and an additional $334 was recognized in the first quarter of 2021. Under the CARES Act Loan Program, the Company received a $45,000 loan (the “CARES Act Loan”) from the Treasury on October 26, 2020, which was repaid in full on March 24, 2021. Further, the Company was notified on April 15, 2021 that it will receive a grant of approximately $34,547 under the American Rescue Plan Act of 2021 (“PSP3”) enacted on March 11, 2021, in which the Treasury is authorized to provide additional assistance to passenger air carriers and contractors that received financial assistance under the CARES Act. Of this grant amount, $17,274 was received on April 29, 2021. 3. IMPACT OF THE COVID‑19 PANDEMIC (continued) In accordance with any grants and/or loans received under the CARES Act, the Company is required to comply with the relevant provisions of the CARES Act and the related implementing agreements which, among other things, include the following: the requirement to use the Payroll Support Payments exclusively for the continuation of payment of crewmember and employee wages, salaries and benefits; the requirement that certain levels of commercial air service be maintained until March 1, 2021, or if ordered by the DOT, March 1, 2022; the prohibitions on share repurchases of listed securities and the payment of common stock (or equivalent) dividends until the later of March 31, which was extended to September 30, 2022 under PSP3; and restrictions on the payment of certain executive compensation until the October 1, 2022, which was extended to April 1, 2023 under PSP3. <div /></div> </div> 115200000 115200000 1151000 -133000 1179000 -600000 -1290000 -2226000 -33983000 33470000 11309000 -21903000 -15584000 -6343000 7115000 10217000 7370000 3148000 14193000 17466000 5476000 9415000 2219000 71000 -13216000 -5925000 -570000 -823000 -1295000 -34365000 -7803000 -28352000 -10722000 -33541000 -6951000 -25880000 -5401000 15809000 -13805000 1136375 1419652 4012109 326223000 326223000 0.10 19976000 2766000 <div> <div> 10. LEASES The Company adopted ASC 842 using the modified retrospective transition approach with an effective date of January 1, 2019. The Company elected the package of practical expedients, which allows the Company to carryforward the historical assessment of the following: (1) whether the Company’s contracts are or contain leases, (2) lease classification, and (3) initial direct costs. The Company also elected to combine lease and non-lease components. Leases with an initial term of 12 months or less will be recognized in the Consolidated Statements of Operations on a straight-line basis over the lease term. These leases primarily relate to seasonal aircraft rentals. The Company classifies its Operating Leases into three categories: Aircraft, Real Estate, and Other. Aircraft leases consist of aircrafts and aircraft equipment under operating lease agreements. As of December 31, 2020, the Company had 17 leases for aircraft, of which five were under finance leases and 12 were Right-of-use operating leases. Real Estate leases consist of leased hangar and administration facilities and Other leases consist of non-aircraft equipment under operating lease agreements. Real Estate and Other leases have initial terms of up to ten years. Our fleet of 12 freighters is subleased directly from Amazon and we operate them pursuant to the Air Transportation Services Agreement (“ATSA”). Based upon review of the ATSA, the sublease arrangement does not qualify as a lease under ASC 842, Leases, because we do not control the use of the aircraft. As such, no right-of-use asset and lease liability is recognized in our financial statements for the Amazon arrangement. The Company also has various airport terminal agreements which include provisions for variable lease payments which are based on several factors, including, but not limited to, number of carriers, enplaned passengers, and airports’ annual operating budgets. Due to the variable nature of the rates, these leases are not recorded on the Company’s Consolidated Balance Sheets as a right-of-use asset and lease liability. 10. LEASES (continued) The following table summarizes the lease-related assets and liabilities recorded on the Company’s Consolidated Balance Sheets: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:29.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:38.88%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Classification </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.32%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2020 </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.32%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:00.42%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;background-color: #CCEEFF;padding:0pt;"> Assets </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.32%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.32%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;padding:0pt;"> Finance lease assets, net </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;padding:0pt;"> Property and Equipment, net </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>104,815 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>194,328 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;background-color: #CCEEFF;padding:0pt;"> Operating lease assets </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;background-color: #CCEEFF;padding:0pt;"> Operating Lease Right-of-use Assets </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>121,269 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>147,148 </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;padding:0pt;"> Total lease assets </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>226,084 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>341,476 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;background-color: #CCEEFF;padding:0pt;"> Liabilities </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;padding:0pt;"> Current: </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;background-color: #CCEEFF;padding:0pt;"> Finance lease liabilities </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;background-color: #CCEEFF;padding:0pt;"> Short-term Finance Lease Obligations </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,460 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>92,318 </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;padding:0pt;"> Operating lease liabilities </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;padding:0pt;"> Short-term Operating Lease Obligations </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>34,492 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30,611 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;background-color: #CCEEFF;padding:0pt;"> Long-term: </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;padding:0pt;"> Finance lease liabilities </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;padding:0pt;"> Long-term Finance Lease Obligations </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>95,710 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>105,037 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;background-color: #CCEEFF;padding:0pt;"> Operating lease liabilities </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;background-color: #CCEEFF;padding:0pt;"> Long-term Operating Lease Obligations </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>112,707 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>141,879 </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;padding:0pt;"> Total lease liabilities </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>254,369 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>369,845 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> </table></div>   The Company uses the rate implicit in the lease to discount lease payments to present value, however, the leases generally do not provide a readily determinable implicit rate. Therefore, the Company estimates the incremental borrowing rate to discount lease payments based on information available initially at adoption and at lease commencement going forward, taking into consideration recent debt issuances as well as publicly available data for instruments with similar characteristics. The Company’s lease agreements do not contain any residual value guarantees. SCA reviewed its operating leases for extension options that may be reasonably certain to be exercised and then would become part of the right-of-use assets and lease liabilities. As of December 31, 2020, the Company did not have any material operating leases with extension or termination options which are reasonably certain to be exercised. During the year ended December 31, 2020 the Company negotiated rent payment deferrals with a majority of its aircraft lessors. The amount deferred as of December 31, 2020 was $7,569, consisting of $2,133 under finance leases and $5,436 under operating leases. These deferrals are classified within the current portion of the respective lease liabilities on the Consolidated Balance Sheet. The following table provides details of the Company’s obligations under finance and operating leases as of December 31, 2020: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:39.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.96%;border-bottom:1pt solid #000000 ;padding:0pt;"> Finance </td> <td valign="bottom" style="width:01.94%;background-color: #auto;padding:0pt;">   </td> <td colspan="11" valign="bottom" style="width:45.88%;border-bottom:1pt solid #000000 ;padding:0pt;"> Operating Leases </td> <td valign="bottom" style="width:00.34%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Leases </td> <td valign="bottom" style="width:01.94%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Aircraft </td> <td valign="bottom" style="width:01.94%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Real Estate </td> <td valign="bottom" style="width:01.94%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Other </td> <td valign="bottom" style="width:01.94%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:00.34%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #CCEEFF;padding:0pt;"> 2021 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17,572 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>38,076 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,218 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,675 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.02%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>41,969 </td> <td valign="bottom" style="width:00.34%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;padding:0pt;"> 2022 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,460 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>32,842 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,962 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,561 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>36,365 </td> <td valign="bottom" style="width:00.34%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #CCEEFF;padding:0pt;"> 2023 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,460 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>32,592 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,466 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>659 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>34,717 </td> <td valign="bottom" style="width:00.34%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;padding:0pt;"> 2024 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,177 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>24,476 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,466 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,942 </td> <td valign="bottom" style="width:00.34%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #CCEEFF;padding:0pt;"> 2025 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,489 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,630 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,466 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,096 </td> <td valign="bottom" style="width:00.34%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;padding:0pt;"> Thereafter </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>52,949 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,222 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,071 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,293 </td> <td valign="bottom" style="width:00.34%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #CCEEFF;padding:0pt;"> Total Minimum Lease Payments </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>139,107 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>145,838 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,649 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,895 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>163,382 </td> <td valign="bottom" style="width:00.34%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;padding:0pt;"> Less: Amount Representing Interest </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(31,937) </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(18,034) </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,662) </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(265) </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(20,961) </td> <td valign="bottom" style="width:00.34%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #CCEEFF;padding:0pt;"> Present Value of Minimum Lease Payments </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>107,170 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>127,804 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,987 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,630 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>142,421 </td> <td valign="bottom" style="width:00.34%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;padding:0pt;"> Plus: Tennant Improvements </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,778 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,778 </td> <td valign="bottom" style="width:00.34%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #CCEEFF;padding:0pt;"> Less: Short-term Obligations </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(11,460) </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(30,880) </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,105) </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,507) </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(34,492) </td> <td valign="bottom" style="width:00.34%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;padding:0pt;"> Long-term Lease Obligations </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>95,710 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>96,924 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,660 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,123 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>112,707 </td> <td valign="bottom" style="width:00.34%;padding:0pt;">   </td> </tr> </table></div>   10. LEASES (continued) The following table presents lease costs related to the Company’s Finance and Operating Leases: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:22.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:00.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.76%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:31.42%;border-bottom:1pt solid #000000 ;padding:0pt;"> Successor </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.48%;border-bottom:1pt solid #000000 ;padding:0pt;"> Predecessor </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.76%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:18.42%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended  December 31, </td> <td valign="bottom" style="width:01.68%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.32%;border-top:1pt solid #000000 ;padding:0pt;"> For the Period  April 11, 2018 to December 31,  </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.48%;border-top:1pt solid #000000 ;padding:0pt;"> For the Period  January 1, 2018 to  </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.76%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:27.72%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Classification </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:07.68%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.68%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.68%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.32%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2018 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">    </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">    </td> <td colspan="2" valign="bottom" style="width:12.48%;border-bottom:1pt solid #000000 ;padding:0pt;"> April 10, 2018 </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #CCEEFF;padding:0pt;"> Finance lease cost </td> <td valign="bottom" style="width:01.76%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.48%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;padding:0pt;"> Amortization of leased assets </td> <td valign="bottom" style="width:01.76%;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;padding:0pt;"> Depreciation and Amortization </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.48%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,948 </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,104 </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.22%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,475 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.34%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>119 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #CCEEFF;padding:0pt;"> Interest on lease liabilities </td> <td valign="bottom" style="width:01.76%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;background-color: #CCEEFF;padding:0pt;"> Interest Expense </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,659 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;background-color: #CCEEFF;padding:0pt;">  10,741 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,754 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>293 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;padding:0pt;"> Operating lease cost </td> <td valign="bottom" style="width:01.76%;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;padding:0pt;">   </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;padding:0pt;">   </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #CCEEFF;padding:0pt;"> Included in ROU asset—Aircraft </td> <td valign="bottom" style="width:01.76%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;background-color: #CCEEFF;padding:0pt;"> Aircraft Rent(1) </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30,717 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>40,043 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>33,315 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>16,177 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;padding:0pt;"> Included in ROU asset—Other </td> <td valign="bottom" style="width:01.76%;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;padding:0pt;"> Ground Handling, Landing Fees and Airport Rent & Other Operating </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,872 </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,415 </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,832 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,648 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #CCEEFF;padding:0pt;"> Short-term </td> <td valign="bottom" style="width:01.76%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;background-color: #CCEEFF;padding:0pt;"> Aircraft Rent </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,813 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,345 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,622 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,148 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;padding:0pt;"> Variable—Aircraft </td> <td valign="bottom" style="width:01.76%;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;padding:0pt;"> Aircraft Rent(1) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,541) </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,520 </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>894 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,004 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #CCEEFF;padding:0pt;"> Variable—Other </td> <td valign="bottom" style="width:01.76%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;background-color: #CCEEFF;padding:0pt;"> Landing Fees & Airport Rentals </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,049 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,345 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>702 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>440 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;padding:0pt;"> Total Lease cost </td> <td valign="bottom" style="width:01.76%;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.48%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>57,517 </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>80,513 </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.22%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>50,594 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.34%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30,829 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (1) </td><td style="width:0pt;"></td><td align="left" valign="top"> The years ended December 31, 2020 and 2019, include credits of $14,110 and $20,386, respectively, for the amortization of Over-market Liabilities established at the Acquisition Date. For the 2018 Successor and Predecessor periods, the credits were $17,275 and none, respectively.</td></tr></table></div> The following table presents Supplemental cash flow information related to leases, included in the Consolidated Statements of Cash Flows: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:67.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.32%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.12%;border-bottom:1pt solid #000000 ;padding:0pt;"> For the Year Ended December 31, </td> <td valign="bottom" style="width:00.50%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.32%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.70%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:02.74%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.68%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:00.50%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.32%;background-color: #CCEEFF;padding:0pt;"> Cash paid for amounts included in the measurement of lease liabilities: </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.74%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.32%;padding:0pt;"> Operating Cash Flows for Operating Leases </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.38%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.32%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>34,576 </td> <td valign="bottom" style="width:02.74%;padding:0pt;">   </td> <td valign="bottom" style="width:01.36%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.32%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>50,081 </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.32%;background-color: #CCEEFF;padding:0pt;"> Operating Cash Flows for Finance Leases </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.38%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.32%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,659 </td> <td valign="bottom" style="width:02.74%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.36%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.32%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,741 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.32%;padding:0pt;"> Financing Cash Flows for Finance Leases </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.38%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.32%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>89,697 </td> <td valign="bottom" style="width:02.74%;padding:0pt;">   </td> <td valign="bottom" style="width:01.36%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.32%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,258 </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> </table></div>   The table below presents lease-related terms and discount rates related to the Company’s Finance and Operating Leases: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:53.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:53.14%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> December 31, 2020 </td> <td valign="bottom" style="width:06.08%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:05.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:53.14%;background-color: #CCEEFF;padding:0pt;"> Weighted-average remaining lease term </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:06.08%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:53.14%;padding:0pt;"> Operating Leases </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4.8 </td> <td valign="bottom" style="width:06.08%;padding:0pt;"> years  </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.0 </td> <td valign="bottom" style="width:05.40%;padding:0pt;"> years </td> </tr> <tr> <td valign="bottom" style="width:53.14%;background-color: #CCEEFF;padding:0pt;"> Finance Leases </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.6 </td> <td valign="bottom" style="width:06.08%;background-color: #CCEEFF;padding:0pt;"> years  </td> <td valign="bottom" style="width:16.66%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.0 </td> <td valign="bottom" style="width:05.40%;background-color: #CCEEFF;padding:0pt;"> years </td> </tr> <tr> <td valign="bottom" style="width:53.14%;padding:0pt;"> Weighted-average discount rates </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;padding:0pt;">   </td> <td valign="bottom" style="width:06.08%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;padding:0pt;">   </td> <td valign="bottom" style="width:05.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:53.14%;background-color: #CCEEFF;padding:0pt;"> Operating Leases </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.0 </td> <td valign="bottom" style="width:06.08%;background-color: #CCEEFF;padding:0pt;"> %   </td> <td valign="bottom" style="width:16.66%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.8 </td> <td valign="bottom" style="width:05.40%;background-color: #CCEEFF;padding:0pt;"> % </td> </tr> <tr> <td valign="bottom" style="width:53.14%;padding:0pt;"> Finance Leases </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.1 </td> <td valign="bottom" style="width:06.08%;padding:0pt;"> %   </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.0 </td> <td valign="bottom" style="width:05.40%;padding:0pt;"> % </td> </tr> </table></div>   During the years ended December 31, 2020 and 2019, the Company expensed $8,691 and $18,584 of maintenance reserve payments, respectively. The Company expensed $12,781 and $6,003 of maintenance reserve payments during the period April 11, 2018 to December 31, 2018 and from January 1, 2018 to April 10, 2018, respectively. These expenses are reflected in Aircraft Rent on the accompanying Consolidated Statements of Operations. 10. LEASES (continued) At the Acquisition Date, the Company established a contra-asset to represent the Company’s obligation to perform planned maintenance events on leased aircraft held as of the Acquisition Date. As of December 31, 2020 and 2019, the remaining balance of the contra-asset was $36,729 and $43,844, respectively. Of the $7,115 reduction in the contra-asset during 2020, $5,624 related to the purchase of two aircrafts previously leased. For the years ended December 31, 2020 and 2019, the Company recognized $1,402 and $12,263, respectively, of the contra-asset as a reduction to Maintenance expense on the accompanying Consolidated Statements of Operations. For the period of April 11, 2018 to December 31, 2018, the Company recognized $6,516 as a reduction to Maintenance expense. <div /></div> </div> <div> <div> The following table summarizes the lease-related assets and liabilities recorded on the Company’s Consolidated Balance Sheets: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:29.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:38.88%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Classification </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.32%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2020 </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.32%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:00.42%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;background-color: #CCEEFF;padding:0pt;"> Assets </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.32%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.32%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;padding:0pt;"> Finance lease assets, net </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;padding:0pt;"> Property and Equipment, net </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>104,815 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>194,328 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;background-color: #CCEEFF;padding:0pt;"> Operating lease assets </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;background-color: #CCEEFF;padding:0pt;"> Operating Lease Right-of-use Assets </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>121,269 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>147,148 </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;padding:0pt;"> Total lease assets </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>226,084 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>341,476 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;background-color: #CCEEFF;padding:0pt;"> Liabilities </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;padding:0pt;"> Current: </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;background-color: #CCEEFF;padding:0pt;"> Finance lease liabilities </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;background-color: #CCEEFF;padding:0pt;"> Short-term Finance Lease Obligations </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,460 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>92,318 </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;padding:0pt;"> Operating lease liabilities </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;padding:0pt;"> Short-term Operating Lease Obligations </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>34,492 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30,611 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;background-color: #CCEEFF;padding:0pt;"> Long-term: </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;padding:0pt;"> Finance lease liabilities </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;padding:0pt;"> Long-term Finance Lease Obligations </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>95,710 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>105,037 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;background-color: #CCEEFF;padding:0pt;"> Operating lease liabilities </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;background-color: #CCEEFF;padding:0pt;"> Long-term Operating Lease Obligations </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>112,707 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.20%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>141,879 </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:29.12%;padding:0pt;"> Total lease liabilities </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:38.88%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>254,369 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.20%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>369,845 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div> <div> <div> The following table presents Supplemental cash flow information related to leases, included in the Consolidated Statements of Cash Flows: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:67.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.32%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.12%;border-bottom:1pt solid #000000 ;padding:0pt;"> For the Year Ended December 31, </td> <td valign="bottom" style="width:00.50%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.32%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.70%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:02.74%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.68%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:00.50%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.32%;background-color: #CCEEFF;padding:0pt;"> Cash paid for amounts included in the measurement of lease liabilities: </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.74%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.32%;padding:0pt;"> Operating Cash Flows for Operating Leases </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.38%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.32%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>34,576 </td> <td valign="bottom" style="width:02.74%;padding:0pt;">   </td> <td valign="bottom" style="width:01.36%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.32%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>50,081 </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.32%;background-color: #CCEEFF;padding:0pt;"> Operating Cash Flows for Finance Leases </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.38%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.32%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,659 </td> <td valign="bottom" style="width:02.74%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.36%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.32%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,741 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.32%;padding:0pt;"> Financing Cash Flows for Finance Leases </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.38%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.32%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>89,697 </td> <td valign="bottom" style="width:02.74%;padding:0pt;">   </td> <td valign="bottom" style="width:01.36%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.32%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,258 </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div> <div> <div> The table below presents lease-related terms and discount rates related to the Company’s Finance and Operating Leases: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:53.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:53.14%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> December 31, 2020 </td> <td valign="bottom" style="width:06.08%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:05.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:53.14%;background-color: #CCEEFF;padding:0pt;"> Weighted-average remaining lease term </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:06.08%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:53.14%;padding:0pt;"> Operating Leases </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4.8 </td> <td valign="bottom" style="width:06.08%;padding:0pt;"> years  </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.0 </td> <td valign="bottom" style="width:05.40%;padding:0pt;"> years </td> </tr> <tr> <td valign="bottom" style="width:53.14%;background-color: #CCEEFF;padding:0pt;"> Finance Leases </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8.6 </td> <td valign="bottom" style="width:06.08%;background-color: #CCEEFF;padding:0pt;"> years  </td> <td valign="bottom" style="width:16.66%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.0 </td> <td valign="bottom" style="width:05.40%;background-color: #CCEEFF;padding:0pt;"> years </td> </tr> <tr> <td valign="bottom" style="width:53.14%;padding:0pt;"> Weighted-average discount rates </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;padding:0pt;">   </td> <td valign="bottom" style="width:06.08%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;padding:0pt;">   </td> <td valign="bottom" style="width:05.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:53.14%;background-color: #CCEEFF;padding:0pt;"> Operating Leases </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.0 </td> <td valign="bottom" style="width:06.08%;background-color: #CCEEFF;padding:0pt;"> %   </td> <td valign="bottom" style="width:16.66%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.8 </td> <td valign="bottom" style="width:05.40%;background-color: #CCEEFF;padding:0pt;"> % </td> </tr> <tr> <td valign="bottom" style="width:53.14%;padding:0pt;"> Finance Leases </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.1 </td> <td valign="bottom" style="width:06.08%;padding:0pt;"> %   </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.0 </td> <td valign="bottom" style="width:05.40%;padding:0pt;"> % </td> </tr> </table></div>   <div /></div> </div> <div> <div> Lessor Maintenance Deposits—SCA’s aircraft lease agreements provide that SCA pay maintenance reserves monthly to aircraft lessors to be held as collateral in advance of major maintenance activities required to be performed by SCA. Maintenance reserve payments are variable based on actual flight hours or cycles. These lease agreements provide that maintenance reserves are reimbursable to SCA upon completion of the maintenance event in an amount equal to the lesser of (1) the amount of the maintenance reserve held by the lessor associated with the specific maintenance event or (2) the qualifying costs related to the specific maintenance event. Maintenance reserve payments that are expected to be recoverable via reimbursable expenses are reflected as Lessor Maintenance Deposits on the accompanying Consolidated Balance Sheets. These deposits are expected to be reimbursed to SCA upon performance of maintenance activities. Upon completion of the maintenance event, the lessor is billed and the amount due is recorded in Account Receivable. Amounts not deemed probable of recovery are expensed as incurred. At the Acquisition Date, the Company established a contra-asset to represent the Company’s obligation to perform planned maintenance events on leased aircraft held as of the Acquisition Date. As reimbursable maintenance events are performed and maintenance expense is incurred, the contra-asset is recognized as a reduction to Maintenance expense. The Company’s lease agreements entered into subsequent to the Acquisition Date are structured to allow SCA to access and recover the unused maintenance reserve payments. As such, maintenance reserve payments related to these lease agreements are expected to be recovered in full and are reflected as Lessor Maintenance Deposits on the accompanying Consolidated Balance Sheets. Maintenance reserve payments related to seasonal aircraft are expensed when incurred. <div /></div> </div> 3500000 53739000 112950000 28799000 64810000 67659000 45062000 26928000 32059000 43819000 43962000 28846000 44900000 53537000 112680000 P2Y P2Y 14092000 7016000 7016000 7115000 8800000 15053000 15053000 13659000 6003000 12781000 18584000 8691000 5664000 0.02 365272000 32530000 332742000 105275000 18070000 87205000 1 6 9 5 2 2 1 2 3 3 21 9 9 9 12 12 9 2 5 5 5 3 3 3 2 2 2 12 1 2 17 5 12 2 2 1 2 5 1 3 1 2 2 5 5 5 5 5 5 5 5 5 3 5 13 13 13 3 63217 63217 550274000 284185000 512012000 512012000 283998000 459114000 37409000 21600000 10421000 9281000 9281000 5487000 27004000 37409000 28128000 28128000 16113000 0.85 0.50 0.50 0.75 20187000 10093000 10093000 10093000 10093000 16104000 16104000 17274000 17274000 6300000 10300000 10300000 10300000 10300000 84773000 108978000 30 5 19 3 3 31 31 31 31 10 10 10 14 14 14 2 2 2 5 5 5 32 10 13 1 8 43 43 31 31 12 12 5 5 12 12 14 14 43 31 12 5 7 19 <div> <div> 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) Property & Equipment—Property and equipment are recorded at cost or fair value at the Acquisition Date and depreciated on a straight-line basis to an estimated residual value over their estimated useful lives or lease term, whichever is shorter, as follows: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="top" style="width:48.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 0pt;height:1.00pt">   </td> <td valign="bottom" style="width:03.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:47.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 0pt;height:1.00pt">   </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> Airframes </td> <td valign="bottom" style="width:03.00%;background-color: #CCEEFF;padding:0pt;">      </td> <td valign="top" style="width:47.14%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> 10‑25 years (depending on age) </td> <td valign="bottom" style="width:00.88%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;padding:0pt 0pt 0pt 0pt;"> Engines—Core </td> <td valign="bottom" style="width:03.00%;padding:0pt;">   </td> <td valign="top" style="width:47.14%;padding:0pt 0pt 0pt 0pt;"> 7 or 12 years (based on remaining cycles) </td> <td valign="bottom" style="width:00.88%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> Engines—Initial Greentime (time remaining until the first scheduled major maintenance event) </td> <td valign="bottom" style="width:03.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:47.14%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> 1st scheduled maintenance event </td> <td valign="bottom" style="width:00.88%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;padding:0pt 0pt 0pt 0pt;"> Leasehold Improvements, Aircraft, other </td> <td valign="bottom" style="width:03.00%;padding:0pt;">   </td> <td valign="top" style="width:47.14%;padding:0pt 0pt 0pt 0pt;"> 3‑25 years (or life of lease, if shorter) </td> <td valign="bottom" style="width:00.88%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> Office and Ground Equipment </td> <td valign="bottom" style="width:03.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:47.14%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> 5‑7 years </td> <td valign="bottom" style="width:00.88%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;padding:0pt 0pt 0pt 0pt;"> Computer Hardware and Software </td> <td valign="bottom" style="width:03.00%;padding:0pt;">   </td> <td valign="top" style="width:47.14%;padding:0pt 0pt 0pt 0pt;"> 3‑5 years </td> <td valign="bottom" style="width:00.88%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> Property and Equipment under Finance Leases </td> <td valign="bottom" style="width:03.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:47.14%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> 3‑25 years (or life of lease, if shorter) </td> <td valign="bottom" style="width:00.88%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;padding:0pt 0pt 0pt 0pt;"> Rotable Parts </td> <td valign="bottom" style="width:03.00%;padding:0pt;">   </td> <td valign="top" style="width:47.14%;padding:0pt 0pt 0pt 0pt;"> 6‑16 years (average remaining life of aircraft fleet) </td> <td valign="bottom" style="width:00.88%;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div> <div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:69.90%;background-color: #CCEEFF;padding:0pt;"> Balance—December 31, 2018 </td> <td valign="bottom" style="width:02.36%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.38%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.14%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,950 </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.90%;padding:0pt;"> ASC 606 adoption adjustment (January 1, 2019) </td> <td valign="bottom" style="width:02.36%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.38%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,867 </td> <td valign="bottom" style="width:00.52%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.90%;background-color: #CCEEFF;padding:0pt;"> Balance—January 1 </td> <td valign="bottom" style="width:02.36%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.14%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22,892 </td> <td valign="bottom" style="width:02.38%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.14%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28,817 </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.90%;padding:0pt;"> Loyalty Points Earned </td> <td valign="bottom" style="width:02.36%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,015 </td> <td valign="bottom" style="width:02.38%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,483 </td> <td valign="bottom" style="width:00.52%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.90%;background-color: #CCEEFF;padding:0pt;"> Loyalty Points Redeemed(1) </td> <td valign="bottom" style="width:02.36%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(4,838) </td> <td valign="bottom" style="width:02.38%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(12,408) </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.90%;padding:0pt;"> Balance—December 31 </td> <td valign="bottom" style="width:02.36%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.14%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22,069 </td> <td valign="bottom" style="width:02.38%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.14%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22,892 </td> <td valign="bottom" style="width:00.52%;padding:0pt;">   </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (1) </td><td style="width:0pt;"></td><td align="left" valign="top"> Principally relates to revenue recognized from the redemption of loyalty points for both air and non-air travel awards. Loyalty points are combined in one homogenous pool and are not separately identifiable. As such, the redemptions are comprised of points that were part of the Loyalty Program Liabilities balance at the beginning of the period, as well as loyalty points that were earned during the period.</td></tr></table></div><div /></div> </div> <div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:74.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:74.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2021 </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> </tr> <tr> <td valign="bottom" style="width:74.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Balance—January 1 </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 22,069 </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 22,892 </td> </tr> <tr> <td valign="bottom" style="width:74.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Loyalty Points Earned </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 857 </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,635 </td> </tr> <tr> <td valign="bottom" style="width:74.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Loyalty Points Redeemed(1) </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (2,152) </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (2,206) </td> </tr> <tr> <td valign="bottom" style="width:74.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Balance—March 31 </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 20,774 </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 22,321 </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (1) </td><td style="width:0pt;"></td><td align="left" valign="top"> Principally relates to revenue recognized from the redemption of loyalty points for both air and non-air travel awards. Loyalty points are combined in one homogenous pool and are not separately identifiable. As such, the revenue is comprised of points that were part of the loyalty program deferred revenue balance at the beginning of the period, as well as points that were earned during the period.</td></tr></table></div><div /></div> </div> <div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:62.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.10%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2020 </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:00.46%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.10%;background-color: #CCEEFF;padding:0pt;"> Carrying Amount </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.26%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>285,801 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.26%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>89,905 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.10%;padding:0pt;"> Fair Value </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.26%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>279,119 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.26%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>96,342 </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div> <div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:14.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> March 31, 2021 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2020 </td> </tr> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Carrying Amount </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 307,732 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:14.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 285,801 </td> </tr> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fair Value </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 301,513 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:14.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 279,119 </td> </tr> </table></div>   <div /></div> </div> 0.25 2.50 2.74 0.94 0.94 140737 3499000 1000 -3500000 714000 77000 7000 0 1829000 0.15 P6Y P6Y P2Y P2Y P2Y P180D P12M P12M P10Y P10Y P12M 40005885 -40005885 40005885 -40005885 40005885 21000 -379000 400000 21000 21000 632183 632183 632183 632183 0 189652 4667000 4667000 1866000 1400000 8000000 8000000 <div> <div> Condensed Balance Sheets <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:69.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:28.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2019 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> ASSETS </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Current Assets: </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Cash and Equivalents </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Total Current Assets </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Other Assets: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Investment in Subsidiary </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>282,569 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>284,185 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Other Assets </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,429 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Total Other Assets </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>283,998 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>284,185 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Total Assets </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>283,998 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>284,192 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> LIABILITIES AND STOCKHOLDERS’ EQUITY </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Current Liabilities: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Other Current Liabilities </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>181 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>468 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Total Current Liabilities </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>181 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>468 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Total Liabilities </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>181 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>468 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Stockholders’ Equity: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Common Stock </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>239,162 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>239,141 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Loans to Stockholders </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,500) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,500) </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Additional Paid In Capital </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,831 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,855 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Retained Earnings </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>38,324 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>42,228 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Total Stockholders’ Equity </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>283,817 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>283,724 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Total Liabilities and Stockholders’ Equity </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>283,998 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>284,192 </td> </tr> </table></div>   19. CONDENSED PARENT COMPANY FINANCIAL INFORMATION (continued) Condensed Statements of Operations <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:51.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.04%;padding:0pt;"> For the Period </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:28.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.04%;padding:0pt;"> April 11, 2018 to </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:16.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, 2018 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Operating Expenses: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Other Operating, net </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>179 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>439 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>564 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Total Operating Expenses </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>179 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>439 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>564 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Operating Income / (Loss) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(179) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(439) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(564) </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Non-operating Income (Expense): </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Equity in Income / (Loss) of Subsidiaries </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,725) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,283 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>197 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Other, net </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>228 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Total Non-operating Income/ (Expense), net </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,725) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,511 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>197 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Income / (Loss) before Income Tax </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,904) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,072 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(367) </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Income Tax Expense / (Benefit) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Net Income / (Loss) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,904) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,072 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(367) </td> </tr> </table></div>   Condensed Statements of Cash Flows <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:51.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.04%;padding:0pt;"> For the Period </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:28.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.04%;padding:0pt;"> April 11, 2018 to </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:16.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, 2018 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Cash Flows from Operating Activities: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Net Cash Provided by Operating Activities </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Cash Flows from Investing Activities: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Net Payments to Subsidiary </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(28) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(47,866) </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Net Cash Used in Investing Activities </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(28) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(47,866) </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Cash Flows from Financing Activities: </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Cash Contributions from Stockholders </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>47,866 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Net Payments from Subsidiary </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Proceeds Received from Exercise of Apollo Warrants </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>21 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Net Cash Provided by Financing Activities </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>21 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>47,866 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Net Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(7) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Cash, Cash Equivalents and Restricted Cash—Beginning of the Period </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Cash, Cash Equivalents and Restricted Cash—End of the Period </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> </tr> </table></div>   <div /></div> </div>

<div> <div> Accounts Receivable—Accounts receivable are recorded at the amount due from customers and do not bear interest. They consist primarily of amounts due from Amazon, credit card companies associated with ticket sales and charter service customers. The balances at December 31, 2020 and 2019 also included $2,178 and $5,862, respectively, due from aircraft lessors related to maintenance deposits. Accounts outstanding longer than the contractual payment terms are considered past due. SCA determines its allowances for credit losses by considering a number of factors, including the length of time accounts receivable are past due, SCA’s previous loss history, the customer’s current ability to pay its obligation to SCA, and the condition of the general economy and the industry as a whole. During the years ended December 31, 2020 and 2019, $982 and $343 in accounts receivable were written off, respectively. No accounts were written off during the periods from April 11, 2018 to December 31, 2018 or from January 1, 2018 to April 10, 2018. <div /></div> </div>

43900000

34035000

34171000

22408000

5862000

28690000

2178000

25897000

13729000

5883000

10402000

27728000

65065000

76467000

P12Y

5855000

248525000

9831000

473848000

373000

1888000

369000

2110000

33709

2110000

2870000

239073000

238694000

3594000

1866000

1400000

9508000

15491000

35286000

6478000

27416000

271000

9210000

138000

28329000

36831000

49908000

11032000

30989000

5599000

373000

1888000

2110000

630000

224000

293000

343000

982000

252000

481000

708000

1523000

1496000

2890000

4000000

1007876000

284192000

1053267000

283998000

1244202000

112525000

7000

126740000

328159000

2233000

1205000

0.20

<div> <div> 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation—The consolidated financial statements include the accounts of Sun Country Airlines Holdings, Inc. and its subsidiaries and have been prepared in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”). All material intercompany balances and transactions have been eliminated in consolidation. The Company operates its fiscal year on a calendar year basis. Use of Estimates—Preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Significant items subject to such estimates and assumptions include the useful lives of acquired fixed assets and acquired intangibles, maintenance deposits, loyalty program liabilities, passenger revenue breakage, valuation of derivative positions, valuation of warrants issued to Amazon, and income taxes. Change in Presentation—The Company changed the prior year presentations within the Consolidated Statements of Cash Flows to present the change in Accrued Transportation Taxes on its own line, which was previously included in the change in Other Liabilities. A summary of significant accounting policies consistently applied in the preparation of the accompanying financial statements is as follows: Cash and Equivalents—The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. The Company maintains cash balances at several financial institutions; at times, such balances may be in excess of insurance limits. The Company has not experienced any losses on these balances. 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) Restricted Cash—Charter revenue receipts received prior to the date of transportation are recorded as Restricted Cash and as a component of the Air Traffic Liabilities. Department of Transportation (“DOT”) regulations require that charter revenue receipts received prior to the date of transportation are maintained in a separate third- party escrow account and the restrictions are released once transportation is provided, which is typically within 12 months of booking. Investments—Investments consist of certificates of deposit and are recorded at cost, plus accrued interest. The certificates of deposit serve as collateral for letters of credit required by various airports and other vendors. All of the certificates have original maturities greater than 90 days. Accounts Receivable—Accounts receivable are recorded at the amount due from customers and do not bear interest. They consist primarily of amounts due from Amazon, credit card companies associated with ticket sales and charter service customers. The balances at December 31, 2020 and 2019 also included $2,178 and $5,862, respectively, due from aircraft lessors related to maintenance deposits. Accounts outstanding longer than the contractual payment terms are considered past due. SCA determines its allowances for credit losses by considering a number of factors, including the length of time accounts receivable are past due, SCA’s previous loss history, the customer’s current ability to pay its obligation to SCA, and the condition of the general economy and the industry as a whole. During the years ended December 31, 2020 and 2019, $982 and $343 in accounts receivable were written off, respectively. No accounts were written off during the periods from April 11, 2018 to December 31, 2018 or from January 1, 2018 to April 10, 2018. Lessor Maintenance Deposits—SCA’s aircraft lease agreements provide that SCA pay maintenance reserves monthly to aircraft lessors to be held as collateral in advance of major maintenance activities required to be performed by SCA. Maintenance reserve payments are variable based on actual flight hours or cycles. These lease agreements provide that maintenance reserves are reimbursable to SCA upon completion of the maintenance event in an amount equal to the lesser of (1) the amount of the maintenance reserve held by the lessor associated with the specific maintenance event or (2) the qualifying costs related to the specific maintenance event. Maintenance reserve payments that are expected to be recoverable via reimbursable expenses are reflected as Lessor Maintenance Deposits on the accompanying Consolidated Balance Sheets. These deposits are expected to be reimbursed to SCA upon performance of maintenance activities. Upon completion of the maintenance event, the lessor is billed and the amount due is recorded in Account Receivable. Amounts not deemed probable of recovery are expensed as incurred. At the Acquisition Date, the Company established a contra-asset to represent the Company’s obligation to perform planned maintenance events on leased aircraft held as of the Acquisition Date. As reimbursable maintenance events are performed and maintenance expense is incurred, the contra-asset is recognized as a reduction to Maintenance expense. The Company’s lease agreements entered into subsequent to the Acquisition Date are structured to allow SCA to access and recover the unused maintenance reserve payments. As such, maintenance reserve payments related to these lease agreements are expected to be recovered in full and are reflected as Lessor Maintenance Deposits on the accompanying Consolidated Balance Sheets. Maintenance reserve payments related to seasonal aircraft are expensed when incurred. Inventory—Parts related to flight equipment, which cannot be economically repaired, reconditioned or reused after removal from the aircraft, are carried at average cost and charged to operations as consumed. An allowance for obsolescence is provided over the remaining useful life of the related fleet for spare parts expected to be on hand at the date that aircraft type is retired from service. SCA also provides an allowance for parts identified as excess to reduce the carrying costs to the lower of cost or net realizable value. These parts are assumed to have an estimated residual value of 10% of the original cost. Depreciation Expense was $481 and $426 for the years ended December 31, 2020 and 2019, respectively and $308 and $92 for the period April 11, 2018 through December 31, 2018 and the period January 1, 2018 through April 10, 2018, respectively. 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) Property & Equipment—Property and equipment are recorded at cost or fair value at the Acquisition Date and depreciated on a straight-line basis to an estimated residual value over their estimated useful lives or lease term, whichever is shorter, as follows: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="top" style="width:48.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 0pt;height:1.00pt">   </td> <td valign="bottom" style="width:03.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:47.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 0pt;height:1.00pt">   </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> Airframes </td> <td valign="bottom" style="width:03.00%;background-color: #CCEEFF;padding:0pt;">      </td> <td valign="top" style="width:47.14%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> 10‑25 years (depending on age) </td> <td valign="bottom" style="width:00.88%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;padding:0pt 0pt 0pt 0pt;"> Engines—Core </td> <td valign="bottom" style="width:03.00%;padding:0pt;">   </td> <td valign="top" style="width:47.14%;padding:0pt 0pt 0pt 0pt;"> 7 or 12 years (based on remaining cycles) </td> <td valign="bottom" style="width:00.88%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> Engines—Initial Greentime (time remaining until the first scheduled major maintenance event) </td> <td valign="bottom" style="width:03.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:47.14%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> 1st scheduled maintenance event </td> <td valign="bottom" style="width:00.88%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;padding:0pt 0pt 0pt 0pt;"> Leasehold Improvements, Aircraft, other </td> <td valign="bottom" style="width:03.00%;padding:0pt;">   </td> <td valign="top" style="width:47.14%;padding:0pt 0pt 0pt 0pt;"> 3‑25 years (or life of lease, if shorter) </td> <td valign="bottom" style="width:00.88%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> Office and Ground Equipment </td> <td valign="bottom" style="width:03.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:47.14%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> 5‑7 years </td> <td valign="bottom" style="width:00.88%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;padding:0pt 0pt 0pt 0pt;"> Computer Hardware and Software </td> <td valign="bottom" style="width:03.00%;padding:0pt;">   </td> <td valign="top" style="width:47.14%;padding:0pt 0pt 0pt 0pt;"> 3‑5 years </td> <td valign="bottom" style="width:00.88%;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> Property and Equipment under Finance Leases </td> <td valign="bottom" style="width:03.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:47.14%;background-color: #CCEEFF;padding:0pt 0pt 0pt 0pt;"> 3‑25 years (or life of lease, if shorter) </td> <td valign="bottom" style="width:00.88%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="top" style="width:48.98%;padding:0pt 0pt 0pt 0pt;"> Rotable Parts </td> <td valign="bottom" style="width:03.00%;padding:0pt;">   </td> <td valign="top" style="width:47.14%;padding:0pt 0pt 0pt 0pt;"> 6‑16 years (average remaining life of aircraft fleet) </td> <td valign="bottom" style="width:00.88%;padding:0pt;">   </td> </tr> </table></div>   Modifications that enhance the operating performance or extend the useful lives of leased airframes are considered leasehold improvements and are capitalized and depreciated over the economic life of the asset or the term of the lease, whichever is shorter. Similar modifications made to owned aircraft are capitalized and depreciated consistent with the Company’s policy. The Company capitalizes certain internal and external costs associated with the acquisition and development of internal-use software for new products, and enhancements to existing products, that have reached the application development stage and meet recoverability tests. Capitalized costs include external direct costs of materials and services utilized in developing or obtaining internal-use software, and labor cost for employees who are directly associated with, and devote time, to internal-use software projects. Finance leases are recorded at net present value of future minimum lease payments. The Company depreciates Rotable Parts to an estimated residual value using the pooling life method. Depreciation under the pooling life method is calculated over the estimated average useful life of the related aircraft. Evaluation of Long-Lived Assets—Long-lived assets, such as Property & Equipment and finite-lived Intangible Assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If circumstances require a long-lived asset or asset group be tested for impairment, the Company first compares undiscounted cash flows expected to be generated by that asset or asset group to its carrying amount. If the carrying amount of the long-lived asset or asset group is not recoverable on an undiscounted cash flow basis, an impairment is recognized to the extent that the carrying amount exceeds its fair value. Fair value is determined using various valuation techniques including discounted cash flow models, quoted market values and third-party independent appraisals, as considered necessary. No impairment losses were recognized during the years ended December 31, 2020 or 2019 or for the periods April 11, 2018 to December 31, 2018 and January 1, 2018 to April 10, 2018. See Note 3—Impact of the COVID‑19 Pandemic. Equity Incentive Plan—The Company recognizes all employee equity-based compensation as expense in the Consolidated Financial Statements over the requisite service period. The Company has elected to account for forfeitures as they occur, rather than forecasting the future forfeitures. See Note 11 for further information on the Equity Incentive Plan. Stockholders’ Equity—As of the Acquisition Date, the Company issued 5,326,755 shares of Common Stock with no par value. Also on the Acquisition Date, the Company issued 40,005,885 warrants to Apollo allowing them to acquire shares of Common Stock of the Company at the exercise price of approximately $0.0005 per share. On January 31, 2020, all 40,005,885 outstanding Apollo warrants were exercised to purchase common stock of SCA Acquisition Holdings, LLC. In conjunction with the issuance of 1,416,645 shares of Common Stock in 2018 to two stockholders, the Company issued, recourse promissory notes of $3,500 which are included as Loans to Stockholders on the Consolidated Statements of Changes in Stockholders’ Equity. In February of 2021, the promissory notes were repaid in full with equivalent shares of stock. 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) As of December 31, 2020, Amazon held approximately 885,052 vested warrants to acquire common stock of the Company at an exercise price of approximately $15.17 per share. Deferred Offering Costs—These consist of legal, accounting and other fees and costs relating to the Company’s planned Initial Public Offering (“IPO”), and are capitalized and recorded in Other Current Assets on the Consolidated Balance Sheets. The deferred offering costs will be offset against the proceeds received upon the closing of the planned IPO. In the event that the Company’s plans for an IPO are terminated, all of the deferred offering costs will be written off within operating expenses in the Company’s Consolidated Statements of Operations. As of December 31, 2020 and 2019, respectively, $4,552 and $2,268 of deferred offering costs were capitalized. Goodwill and Other Intangible Assets—Goodwill represents the excess purchase price over the estimated fair value of net assets acquired in a business combination. Indefinite-Lived Intangible Assets represents a tradename acquired in a business combination. Goodwill and Other Indefinite-Lived Intangible Assets must be tested for impairment at least annually, or more frequently if events or changes in circumstances indicate that they might be impaired. Goodwill is tested at the reporting unit level. SCA has two reporting units: Passenger Services and Cargo Services. Cargo Services was identified as a separate reporting unit in the fourth quarter of 2020, when all 12 cargo aircraft were in service and SCA’s Chief Operating Decision Maker began to regularly review financial information at the cargo operations level. The value of Goodwill and Other Indefinite-lived Intangible Assets is assessed under either a qualitative or quantitative approach. Under a qualitative approach, SCA considers various market factors, including certain key assumptions, such as the market value of other airlines, fuel prices, the overall economy, passenger yields and changes to the regulatory environment. SCA analyzes these factors to determine if events and circumstances have affected the fair value of Goodwill and Other Indefinite-lived Intangible Assets. If it is determined that it is more likely than not that the asset may be impaired, the Company uses a quantitative approach to determine the reporting unit or intangible asset’s fair value incorporating the key assumptions listed below. An impairment charge is recorded for the amount of carrying value that exceeds the determined fair value as of the testing date. When the Company evaluates Goodwill for impairment using a quantitative approach, the Company estimates the fair value of the consolidated reporting unit by considering both comparable public company multiples (a market approach) and projected discounted future cash flows (an income approach). When the Company performs a quantitative impairment assessment of indefinite-lived intangible assets, fair value is estimated based on (1) recent market transactions, where available, (2) the royalty method for the Sun Country tradename (which assumes hypothetical royalties generated from using SCA’s tradename) or (3) projected discounted future cash flows (an income approach). The Company performed its most recent annual Goodwill and Other Indefinite-Lived Intangible Assets impairment analysis as of October 1, 2020 and did not recognize any impairment losses for the years ended December 31, 2020 or 2019 or for the periods April 11, 2018 to December 31, 2018 and January 1, 2018 to April 10, 2018. See Note 3—Impact of the COVID‑19 Pandemic. Long-term Debt—Debt finance costs are capitalized and amortized over the term of the respective agreement. Revenue Recognition—Scheduled passenger service, charter service, and most ancillary revenues are recognized when the passenger flight occurs. Revenues exclude amounts collected on behalf of other parties including, transportation taxes. The Company initially defers ticket sales as an air traffic liability and recognizes revenue when the passenger flight occurs. Unused non-refundable tickets expire at the date of scheduled travel and are recorded as revenue unless the customer notifies the Company in advance of such date that the customer will not travel. If notification is made, a travel credit is created for the face value less applicable change fees. Travel credits can be redeemed toward future travel for up to 12 months after the date of the original booking. A portion of travel credits will expire unused. The Company records an estimate for travel credits that will expire unused in passenger revenue. These estimates are based on historical experience of travel credit activity and consider other facts, such as recent program changes and modifications that could affect the ultimate usage patterns of tickets and travel credits. Due to inherent uncertainly of the current operating environment as a result of COVID‑19, adjustments to these estimates could be material in the future. 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) Ancillary revenue for baggage fees, seat selection fees, and on-board sales is recognized when the associated flight occurs. Prior to adoption of the new revenue recognition model effective January 1, 2019, the Company recognized revenue for change fees as the transactions occurred. Under the new standard, revenue for change fees is deferred and recognized when the passenger travel is provided. Fees received in advance of the flight date are initially recorded as an air traffic liability. Charter revenue is recognized at the time of departure when transportation is provided. Cargo revenue is typically recognized based on hours flown, number of flights, and the amount of aircraft resources provided during a reporting period. Pursuant to ASC 606, Revenue from Contracts with Customers, the Amazon Agreement contains three performance obligations: Flight Services, Heavy Maintenance and Fuel. As Sun Country is the principal in providing Flight Services, revenue and related costs are recognized gross on the Statement of Operations. Sun Country acts as the agent in providing the Heavy Maintenance and Fuel performance obligations, which are reimbursed by Amazon based on the actual costs incurred. Consumption of aircraft fuel and heavy maintenance are recognized in revenue, net of the associated costs incurred to fulfill the performance obligations. The transaction price is allocated to the performance obligations based on their relative standalone selling price. The transaction price for flight services, which includes an upfront payment for startup costs, is reduced by the estimated value of warrants to be issued to Amazon based on expected performance under the Amazon Agreement. Loyalty Program—The Company records a liability for points earned by passengers under its Sun Country Rewards program using two methods: (1) a liability for points that are earned by passengers on purchases of the Company’s services is established by deferring revenue based on the redemption value net of breakage; and (2) a liability for points attributed to loyalty points issued to the Company’s Visa card holders is established by deferring a portion of payments received from the Company’s co-branded agreement. The Company’s Sun Country Rewards program allows for the redemption of points to include payment towards air travel, land travel, taxes, and other ancillary purchases. The Company estimates breakage for loyalty points that are not likely to be redeemed. These estimates are based on historical experience of loyalty point redemption activity and consider other facts, such as program changes and modifications that could affect the ultimate usage pattern of loyalty points. Co-branded Credit Card Program—Under the Company’s co-branded credit card program, funds received for the marketing of a co-branded credit card and delivery of loyalty points are accounted for as a multiple- deliverable arrangement. At the inception of the arrangement, the Company evaluated all deliverables in the arrangement to determine whether they represent distinct performance obligations. The Company determined the arrangement has two distinct performance obligations: loyalty points to be awarded, and brand and marketing. Funds received are allocated based on relative standalone selling price. Revenue for the brand and marketing performance obligation is recognized as revenue when earned and recorded in Other Revenue. Consideration allocated to loyalty points is deferred and recognized as Passenger Revenue upon future redemption of the points. Airframe and Engine Maintenance—For leased aircraft, the Company applies the expense as incurred method for maintenance events, where routine maintenance, airframe, and engine overhauls are charged to expense as incurred, except certain costs covered by third-party maintenance agreements, which are charged to expense based on an hourly fee, as defined by the contract. The Company applies the Built-in Overhaul method for significant maintenance costs of owned airframe and engines. Under this method, the value of time remaining until the first scheduled major maintenance event (“greentime”) is capitalized and amortized until that first major maintenance event, assuming no residual value. In addition, the value in excess of the greentime is capitalized and amortized over the useful life. These expenses are reported as a component of Depreciation and Amortization on the accompanying Consolidated Statements of Operations. The estimated period until the next scheduled major maintenance event is estimated based on assumptions including estimated cycles, hours, and months, required maintenance intervals, and the age/ condition of related parts. Certain SCA aircraft lease agreements contain provisions that require SCA to return aircraft to the lessor in a certain maintenance condition. A liability associated with returning leased aircraft is accrued when incurrence of lease return costs becomes probable. The amount of these costs typically can be estimated near the end of the lease term, after the aircraft has completed its last maintenance cycle prior to being returned. 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) Income Taxes—Deferred income taxes are recognized for the tax consequences in future years of differences between the tax basis of assets and liabilities and their financial reporting amounts at each year end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce Deferred Tax Assets to the amount expected to be realized. All Deferred Tax Assets and Liabilities, along with any related valuation allowance, are classified as noncurrent on the Consolidated Balance Sheets. Interest and penalties on uncertain tax positions, to the extent they exist, are included in the Company’s provision for income taxes. The provision for income taxes represents the current tax expense for the period and the change during the period in Deferred Tax Assets and Liabilities. Concentration Risk—Approximately 41% of the Company’s Accounts Receivable balance as of December 31, 2020 was due from Amazon. In addition, approximately 8% and 19% of the Company’s Accounts Receivable balances as of December 31, 2020 and 2019, respectively, were from major financial institutions for tickets purchased via credit cards. One financial institution accounted for approximately 5% and 16% of the Company’s Accounts Receivable balance as of December 31, 2020 and 2019, respectively. Approximately 57%,  58% and 48% of the Company’s fuel purchases were made from two vendors for the years ended December 31, 2020, 2019 and 2018, respectively. Approximately 52% of the Company’s workforce were under union contracts as of December 31, 2020 with three different unions: Air Line Pilots Association (“ALPA”), International Brotherhood of Teamsters (“IBT”) and Transport Workers Union (“TWU”). Approximately 98% of the Company’s union workforce are under contracts that have expired or will be expiring within a year. The following table shows the Company’s airline employee groups represented by unions: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:41.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:14.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:26.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:41.66%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Employee Group </td> <td valign="bottom" style="width:02.70%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:14.44%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Number of Active Employees Represented </td> <td valign="bottom" style="width:02.70%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.84%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Union </td> <td valign="bottom" style="width:02.70%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:26.96%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Date on which Collective Bargaining Agreement Becomes Amendable </td> </tr> <tr> <td valign="bottom" style="width:41.66%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> Sun Country Pilots </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.44%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>395 </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> ALPA </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:26.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> October 31, 2020 </td> </tr> <tr> <td valign="bottom" style="width:41.66%;padding:0pt;"> Sun Country Flight Attendants </td> <td valign="bottom" style="width:02.70%;padding:0pt;">   </td> <td valign="bottom" style="width:14.44%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>466 </td> <td valign="bottom" style="width:02.70%;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;padding:0pt;"> IBT </td> <td valign="bottom" style="width:02.70%;padding:0pt;">   </td> <td valign="bottom" style="width:26.96%;padding:0pt;"> December 31, 2019 </td> </tr> <tr> <td valign="bottom" style="width:41.66%;background-color: #CCEEFF;padding:0pt;"> Sun Country Dispatchers </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.44%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22 </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.84%;background-color: #CCEEFF;padding:0pt;"> TWU </td> <td valign="bottom" style="width:02.70%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:26.96%;background-color: #CCEEFF;padding:0pt;"> November 30, 2024 </td> </tr> </table></div>   Recently Adopted Accounting Standards Revenue from Contracts with Customers—In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014‑09, Revenue from Contracts with Customers (“New Revenue Standard”) (Topic 606). This update is a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company adopted the standard using the modified retrospective method effective January 1, 2019. The adoption of the New Revenue Standard impacts the Company’s accounting for outstanding loyalty points earned through travel by SCA loyalty program members. There is no change in accounting for issuances of loyalty points to SCA’s co-branded card partner as those are currently reported in accordance with the New Revenue Standard. Through December 31, 2018, the Company used the incremental cost method to account for the portion of the loyalty program liabilities related to points earned through travel, which were valued based on the estimated incremental cost of carrying one additional passenger. The New Revenue Standard required the Company to change to the deferred revenue method and apply a relative standalone selling price approach whereby a portion of each passenger ticket sale attributable to loyalty points earned is deferred and recognized in passenger revenue upon future redemption. Upon adoption of the New Revenue Standard, the Company reclassified certain ancillary revenues from Other Revenue to Passenger Revenue. In addition, certain fees previously recognized when incurred by the customer are deferred and recognized as revenue when passenger travel is provided. 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) Upon adoption of the standard on January 1, 2019 the Company made an adjustment to reduce Retained Earnings by $3,477. Leases—In February 2016, the FASB issued ASU 2016‑02, Leases (Topic 842) (“ASC 842”). Under the new guidance, lessees are required to recognize the following for all leases (with the exception of short-term leases) at the commencement date: (1) A lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis; and (2) A right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. The Company elected to early adopt the standard effective January 1, 2019 using the modified retrospective adoption method. Upon adoption of the standard on January 1, 2019 the Company recorded an Operating Lease Right-of-use (“ROU”) Asset of $178,577 (net of balance sheet reclassifications) and Operating Lease Liabilities of $204,790 on the Consolidated Balance Sheet. This ROU Asset was net of $27,004 reclassified from Over-market Liabilities and $791 reclassified from Prepaid Rent. Capitalized Software Costs—In August 2018, the FASB issued ASU 2018‑15, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350‑40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract. The update addresses when costs should be capitalized rather than expensed, the term to use when amortizing capitalized costs, and how to evaluate the unamortized portion of these capitalized implementation costs for impairment. The ASU also includes guidance on how to present implementation costs in the financial statements and creates additional disclosure requirements. ASU 2018‑15 is effective for annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company early adopted the requirements of ASU 2018‑15 on January 1, 2019 using the prospective transition method. The adoption resulted in the capitalization of certain costs incurred in SCA’s hosting arrangement of $2,167 in 2019. Non-employee Share-based Payment Accounting—In June 2018, the FASB issued ASU 2018‑07 Improvements to Non-employee Share-based Payment Accounting. ASU 2018‑07 expands the scope of ASC 718, Compensation—Stock Compensation, to share-based payments granted to non-employees for goods and services. Additionally, in November 2019, the FASB issued ASU 2019‑08, Compensation—Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606), which requires entities to measure and classify share based payments to a customer, in accordance with the guidance in ASC 718. The Company has elected to early adopt these ASU’s effective January 1, 2019. Warrants granted in 2019 under the Amazon Agreement are accounted for under the updated standards. The adoption of ASU 2018‑07 did not have a material impact on the Company’s Consolidated Financial Statements. Changes to the Disclosure Requirements for Fair Value Measurement—In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2018‑13, Fair Value Measurement (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement. The update eliminates, adds, and modifies certain disclosure requirements for fair value measurements. The Company adopted the requirements of ASU 2018‑13 prospectively on January 1, 2020. The adoption of ASU 2018‑13 did not have a material impact on the Company’s Consolidated Financial Statements. Financial Instruments—Credit Losses—In June 2016, the FASB issued ASU 2016‑13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The update requires the use of an expected loss model on certain types of financial instruments and requires consideration of a broader range of reasonable and supportable information to calculate credit loss estimates. For trade receivables, loans and held-to-maturity debt securities, entities are required to estimate lifetime expected credit losses. This accounting standard was adopted prospectively on April 1, 2020, and it did not have a material impact on the Company’s Consolidated Financial Statements. Simplifying the Test for Goodwill Impairment—In January 2017, the FASB issued ASU 2017‑04, Simplifying the Test for Goodwill Impairment. The new standard eliminates Step 2 from the goodwill impairment test. An entity should recognize a goodwill impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value. The standard was adopted and applied prospectively by the Company on April 1, 2020, and it did not have an impact on the Company’s Consolidated Financial Statements. 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) Recently Issued Accounting Standards Income Taxes-Simplifying the Accounting for Income Taxes—In December 2019, the FASB issued ASU 2019‑12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, which removes certain exceptions related to the approach for intraperiod tax allocation, recognizing deferred tax liabilities for outside basis differences, and calculating income taxes in interim periods. The guidance also reduces complexity in certain areas, including franchise taxes that are partially based on income and accounting for tax law changes in interim periods. The standard was adopted prospectively effective January 1, 2021 and is not expected to have a material impact on the Company’s Consolidated Financial Statements.   <div /></div> </div>

132606000

187775000

<div> <div> 4. BUSINESS COMBINATION On the Acquisition Date, SCA Acquisition Holdings, LLC acquired 100 percent of MN Airlines’ stockholder equity. The final purchase price, determined in accordance with the definitions and target amounts specified in the sale agreement, was $187,775. The Company did not incur any material expenses related to the Acquisition prior to the Acquisition Date. The Acquisition was accounted for as a business combination using the purchase method of accounting, which requires, among other things, that assets acquired and liabilities assumed be recognized on the balance sheet at their fair value as of the Acquisition Date. The fair value of the assets acquired and liabilities assumed were determined using market, income and cost approaches, as described further below. This resulted in a new basis for the assets acquired and liabilities assumed of MN Airlines, LLC as of the Acquisition Date. The Company established a contra-asset after considering the fair value of Lessor Maintenance Reserve Deposits at the time of the sale and concluded that a market participant would not place any value on this asset, as they would need to incur maintenance expense on a dollar for dollar basis to obtain reimbursement from the lessor. The contra-asset represents the Successor’s obligation to perform planned maintenance events on leased aircraft held as of the Acquisition Date. As reimbursable maintenance events are performed and maintenance expense is incurred, the contra-asset is recognized as a reduction to Maintenance expense. Although the Successor continued with the same core operations after the Acquisition Date, the accompanying consolidated financial statements are presented for two 2018 periods: Successor, which relates to the 2018 period subsequent to the Acquisition Date, and Predecessor, relating to the period from January 1, 2018 through April 10, 2018. These separate periods are presented to reflect the new basis of accounting as of and subsequent to the Acquisition Date, and have been separated by a vertical line on the face of the Consolidated Financial Statements to highlight the fact that the financial information for such periods has been prepared under a different historical-cost basis of accounting. The Successor’s Consolidated Financial Statements also reflect the funding and recapitalization of the Successor, which occurred at the Acquisition Date. Successor—The accompanying Consolidated Financial Statements include the Successor’s assets, liabilities, and stockholders’ equity and the related income and expenses and cash flows. SCA Acquisition Holdings, LLC had no other operating activities since its formation other than the activities presented of its acquired wholly owned subsidiary, Sun Country, Inc., f/k/a MN Airlines, LLC. Predecessor—The accompanying Predecessor Consolidated Financial Statements include the assets, liabilities, and equity and the related income and expenses and cash flows of Sun Country, Inc., f/k/a MN Airlines, LLC, which occurred prior to the Acquisition Date and are reported under its historical basis that existed prior to the Acquisition Date. 4. BUSINESS COMBINATION (continued) Fair value of the assets acquired and the liabilities assumed as of the Acquisition Date are as follows: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:88.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Assets: </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.34%;background-color: #CCEEFF;padding:0pt;">      </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Restricted Cash </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,308 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Investments </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,810 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Accounts Receivable </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31,796 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Inventory </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,295 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Prepaid Expenses </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,617 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Property and Equipment </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>38,511 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Goodwill </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>222,223 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Other Intangible Assets </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>104,000 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Aircraft Lease Deposits </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17,923 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Deferred Tax Asset </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>49,634 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Other Assets </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,071 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Total Assets </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-weight:bold;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>490,188 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;">   </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Liabilities: </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Accounts Payable </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>50,016 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Accrued Salaries, Wages, and Benefits </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,006 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Accrued Transportation Taxes </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,237 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Air Traffic Liabilities </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>72,235 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Over-market Liabilities </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>108,017 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Finance Lease Obligations </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,038 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Loyalty Program Liabilities </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,165 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Long-term Debt </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>941 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Other Liabilities </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,758 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Total Liabilities </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-weight:bold;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>302,413 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Total Purchase Price </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.18%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-weight:bold;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>187,775 </td> </tr> </table></div>   Property and Equipment—The Company acquired Property and Equipment which were valued based on a combination of the cost and market approaches. The cost approach was applied based on inflationary trends to historical costs, considering the age of the asset, its physical condition, operational status and economic utility. The market was approach was applied based on market prices for similar assets. The useful lives assigned were based on their expected remaining useful lives consistent with the Company’s capitalization policy. Sun Country Airlines Tradename—The Company acquired an intangible asset of $56,000 assigned to the Sun Country Airlines Tradename. Sun Country has operated under this name and brand since 1983, and has high brand recognition and brand loyalty, particularly in its home market of Minneapolis/St. Paul, MN. This intangible asset was valued using a discounted cash flow analysis based on the relief from royalty method, a variation of the income approach. The relief from royalty approach utilizes certain market information by reference to the amount of after-tax cash flows the Company could generate if the trade names were licensed in an arm’s length transaction to a third party. Significant assumptions used in the discounted cash flow analysis include the projected revenue of the Company, the royalty rate, the discount rate and the terminal value. The Company expects to continue to use the brand and associated trademarks for the indefinite future. 4. BUSINESS COMBINATION (continued) Customer Relationships—The Company acquired an intangible asset of $48,000 representing the fair value of its customer relationships arising from Sun Country’s extensive charter business, including several large customers with long-term commitments for charter flights. This intangible asset was valued using the multi- period excess earnings method, a variation of the income approach, based on the present value of the expected incremental after-tax cash flows (or “excess earnings”) attributable to certain charter customer relationships. Significant assumptions used in the discounted cash flow analysis include the projected earnings of the customer relationships, customer retention rates and the discount rate. The customer relationship intangible asset has been assigned a useful life of 12 years and will be amortized on a straight-line basis over this life. Goodwill—Goodwill, of which $132,606 was tax deductible, represents the excess of the purchase price over the fair value of the underlying net assets acquired and largely results from expected growth and improved financial results for the Company as well as an assembled workforce, which does not qualify for separate recognition. Deferred Tax Asset—The acquisition of MN Airlines, LLC was treated as an asset acquisition for U.S. federal income tax purposes in which, the Company generally received stepped-up tax basis in assets and liabilities acquired. As a result of fair value adjustments recorded in purchase accounting, the Company recorded a Deferred Tax Asset of $49,634 related to Air Traffic and Loyalty Program Liabilities deferred revenue and Over- market Liabilities. The Deferred Tax Asset has been calculated based on the expected federal and state tax rates applicable to the Company. Over-market Liabilities—The Company acquired liabilities related to its over-market lease rates and over- market maintenance reserve payments. Aircraft leases were evaluated using an income approach, based on the present value of the expected differential cash flows between the existing aircraft lease terms as compared to current market lease terms for similar aircraft and market participants. Significant assumptions used in the discounted cash flow analysis include the discount rate and the estimated market lease rates for similar aircraft based on terms commensurate with the Company’s credit rating. The Company recognized a liability of $32,779 representing lease terms which are unfavorable compared with market terms of similar leases and will be amortized into earnings through a reduction of Aircraft Rent on a straight-line basis over the remaining life of each lease. With the adoption of ASC 842 the Company reclassified this liability to be included in the Operating Lease Right-of-use Assets. As of the Acquisition Date, Sun Country’s existing leases include payments for maintenance reserves in addition to the stated aircraft lease payments. For a substantial portion of these maintenance reserve payments, the Company does not expect to be reimbursed by the lessor. The maintenance reserve payments were evaluated using an income approach, based on the expected differential cash flows between the existing contractual maintenance payments as compared to market terms for similar aircraft under current market assumptions. Significant assumptions used in the discounted cash flow analysis include the discount rate, expected aircraft utilization (impacting the nature and timing of maintenance events) and the estimated market terms for similar aircraft based on terms commensurate with the Company’s credit rating. These maintenance reserve payments were deemed unfavorable as a market participant would expect reimbursement based on more favorable terms, indicating that the balance expected not to be reimbursed is unfavorable to the Company. The Company recognized a liability of $75,238 representing over-market maintenance reserve lease terms compared to market terms of similar leases and will amortize this liability into earnings as a reduction to Aircraft Rent on a straight- line basis over the remaining life of each lease. Loyalty Program Liabilities—The Company acquired liabilities related to loyalty program obligations. These liabilities were adjusted to their fair value based on stated redemption rates as of the Acquisition Date, less estimated breakage. <div /></div> </div>

490188000

3810000

7617000

31796000

50016000

941000

49634000

104000000

48000000

56000000

5295000

302413000

2758000

1071000

38511000

187775000

991000

1186000

734000

243000

29600000

51006000

7000

53112000

62028000

269599000

<div> <div> Cash and Equivalents—The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. The Company maintains cash balances at several financial institutions; at times, such balances may be in excess of insurance limits. The Company has not experienced any losses on these balances. <div /></div> </div>

<div> <div> Restricted Cash—Charter revenue receipts received prior to the date of transportation are recorded as Restricted Cash and as a component of the Air Traffic Liabilities. Department of Transportation (“DOT”) regulations require that charter revenue receipts received prior to the date of transportation are maintained in a separate third- party escrow account and the restrictions are released once transportation is provided, which is typically within 12 months of booking. <div /></div> </div>

16999000

8308000

43441000

64478000

7000

58143000

70363000

275618000

-8691000

35133000

21037000

7000

-6335000

5885000

-7000

205255000

0.0005

15.17

0.0005

15.17

0.0005

15.17

9482606

40005885

885052

<div> <div> 17. COMMITMENTS AND CONTINGENCIES The Company has contractual obligations and commitments primarily with regard to lease arrangements (see Note 10) and repayment of debt (see Note 9). The Company is subject to various legal proceedings in the normal course of business and records legal costs as incurred. Management believes these proceedings will not have a materially adverse effect on the Company. <div /></div> </div>

<div> <div> 12. COMMITMENTS AND CONTINGENCIES<a name="a12COMMITMENTSANDCONTINGENCIES_955467"></a> The Company has contractual obligations and commitments primarily with regard to lease arrangements, repayment of debt (see Note 7) and future purchases of aircraft. The Company is subject to various legal proceedings in the normal course of business and expenses legal costs as incurred. Management believes these proceedings will not have a materially adverse effect on the Company. <div /></div> </div>

0.01

94443000

995000000

5326755

6800065

46839659

57153467

44359873

239141000

468000

239162000

572000

<div> <div> Equity Incentive Plan—The Company recognizes all employee equity-based compensation as expense in the Consolidated Financial Statements over the requisite service period. The Company has elected to account for forfeitures as they occur, rather than forecasting the future forfeitures. See Note 11 for further information on the Equity Incentive Plan. <div /></div> </div>

0.48

0.58

0.16

0.19

0.57

0.98

0.52

0.41

0.05

0.08

<div> <div> 19. CONDENSED PARENT COMPANY FINANCIAL INFORMATION The following condensed parent company financial information is presented to show only the parent company, Sun Country Airlines Holdings, Inc. Condensed Balance Sheets <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:69.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:28.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2019 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> ASSETS </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Current Assets: </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Cash and Equivalents </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Total Current Assets </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Other Assets: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Investment in Subsidiary </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>282,569 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>284,185 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Other Assets </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,429 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Total Other Assets </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>283,998 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>284,185 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Total Assets </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>283,998 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>284,192 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> LIABILITIES AND STOCKHOLDERS’ EQUITY </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Current Liabilities: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Other Current Liabilities </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>181 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>468 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Total Current Liabilities </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>181 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>468 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Total Liabilities </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>181 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>468 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Stockholders’ Equity: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Common Stock </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>239,162 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>239,141 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Loans to Stockholders </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,500) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,500) </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Additional Paid In Capital </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,831 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,855 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Retained Earnings </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>38,324 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>42,228 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;padding:0pt;"> Total Stockholders’ Equity </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>283,817 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>283,724 </td> </tr> <tr> <td valign="bottom" style="width:69.98%;background-color: #CCEEFF;padding:0pt;"> Total Liabilities and Stockholders’ Equity </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>283,998 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>284,192 </td> </tr> </table></div>   19. CONDENSED PARENT COMPANY FINANCIAL INFORMATION (continued) Condensed Statements of Operations <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:51.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.04%;padding:0pt;"> For the Period </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:28.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.04%;padding:0pt;"> April 11, 2018 to </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:16.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, 2018 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Operating Expenses: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Other Operating, net </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>179 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>439 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>564 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Total Operating Expenses </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>179 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>439 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>564 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Operating Income / (Loss) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(179) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(439) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(564) </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Non-operating Income (Expense): </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Equity in Income / (Loss) of Subsidiaries </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,725) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,283 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>197 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Other, net </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>228 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Total Non-operating Income/ (Expense), net </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,725) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,511 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>197 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Income / (Loss) before Income Tax </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,904) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,072 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(367) </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Income Tax Expense / (Benefit) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Net Income / (Loss) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,904) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,072 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(367) </td> </tr> </table></div>   Condensed Statements of Cash Flows <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:51.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.04%;padding:0pt;"> For the Period </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:28.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:16.04%;padding:0pt;"> April 11, 2018 to </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:16.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> December 31, 2018 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Cash Flows from Operating Activities: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Net Cash Provided by Operating Activities </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Cash Flows from Investing Activities: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Net Payments to Subsidiary </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(28) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(47,866) </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Net Cash Used in Investing Activities </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(28) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(47,866) </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Cash Flows from Financing Activities: </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Cash Contributions from Stockholders </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>47,866 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Net Payments from Subsidiary </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Proceeds Received from Exercise of Apollo Warrants </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>21 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Net Cash Provided by Financing Activities </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>21 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>47,866 </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Net Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(7) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:51.98%;padding:0pt;"> Cash, Cash Equivalents and Restricted Cash—Beginning of the Period </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:14.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> — </td> </tr> <tr> <td valign="bottom" style="width:51.98%;background-color: #CCEEFF;padding:0pt;"> Cash, Cash Equivalents and Restricted Cash—End of the Period </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:14.98%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> — </td> </tr> </table></div>   Basis of Presentation These condensed Parent company-only financial statements are not general-purpose financial statements and should be read in conjunction with the consolidated financial statements. The Parent’s significant accounting policies are consistent with those described in the consolidated financial statements, except that all subsidiaries are accounted for as equity method investments. 19. CONDENSED PARENT COMPANY FINANCIAL INFORMATION (continued) Restrictions and Covenants In accordance with any grants and/or loans received under the CARES Act, we are required to comply with the relevant provisions of the CARES Act and the related implementing agreements which, among other things, include the following: the requirement to use the Payroll Support Payments exclusively for the continuation of payment of crewmember and employee wages, salaries and benefits; the requirement that certain levels of commercial air service be maintained until March 1, 2021, or if ordered by the DOT, March 1, 2022; the prohibitions on share repurchases of listed securities and the payment of common stock (or equivalent) dividends until the later of March 31, 2022 and one year following repayment of the CARES Act Loan; and restrictions on the payment of certain executive compensation until the later of October 1, 2022 and one year following repayment of the CARES Act Loan. <div /></div> </div>

<div> <div> Principles of Consolidation—The consolidated financial statements include the accounts of Sun Country Airlines Holdings, Inc. and its subsidiaries and have been prepared in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”). All material intercompany balances and transactions have been eliminated in consolidation. <div /></div> </div>

3614000

3312000

23950000

28817000

4867000

141185000

116660000

1633000

22892000

22321000

128383000

101075000

5240000

22069000

120517000

94733000

5010000

20774000

12408000

2206000

393000

4838000

110868000

2152000

231000

60039000

171336000

377699000

564000

623262000

439000

165100000

384101000

21809000

362292000

179000

102678000

9426000

93252000

66000

10000

66000

10000

<div> <div> 9. DEBT Lines of Credit — In 2018, the Company entered into a revolving credit agreement with a financial institution which provides available credit based upon defined thresholds to a maximum amount of $20,000. On May 15, 2020, the revolving credit agreement maturity date was extended by one year to April 11, 2022 and the maximum credit amount was increased from $20,000 to $25,000. Available credit under this agreement as of December 31, 2020 and 2019 was $25,000 and $19,650, respectively, since 2020 had no outstanding letters of credit and the 2019 available credit was reduced due to outstanding letters of credit. Outstanding balances bear interest at the greatest of a) the Prime Rate or b) the Federal Funds Effective Rate plus 0.5% or c) the Adjusted London Interbank Offered Rate for an interest period of one-month plus 1.00%. SCA pays a 0.5% commitment fee on the average daily unused balance. The revolving credit agreement is secured by certain assets of SCA and contains a financial covenant and guarantees. SCA was in compliance with the covenant as of December 31, 2020 and 2019. As of December 31, 2020 and 2019, there were no outstanding balances on the revolving credit agreement. On February 10, 2021, the Company executed a new five-year credit agreement with a group of lenders that replaces the Company’s  May 15, 2020 $25,000 revolving credit agreement. The new agreement provides for a $25,000 Revolving Credit Facility and a $90,000 Delayed Draw Term Loan Facility, which are collectively referred to as the “Credit Facilities.” The interest rate on borrowings is based on the greatest of various alternative base rates, with a minimum of 2%, plus an applicable margin of 4% to 5%. There is a commitment fee on the unused Revolving Credit Facility of 0.5%. The proceeds from the Revolving Credit Facility can be used for general corporate purposes. The proceeds from Delayed Draw Term Loans are to be used solely to finance the acquisition of aircraft or engines to be registered in the U.S. The Credit Facilities have financial covenants that require a minimum EBITDAR (ranging from $62,100 to $87,700) and a minimum liquidity of $30,000 at the close of any business day. Long-term Debt—In December 2019, the Company arranged for the issuance of Class A, Class B and Class C pass-through trust certificates Series 2019‑1 (the “2019‑1 EETC”), in an aggregate face amount of $248,587 (the “Certificates”) for the purpose of financing or refinancing 13 used aircraft. To facilitate the arrangement, the Company created three pass-through trusts that will sell the Certificates to institutional investors. The proceeds from the sale of Certificates are held in escrow until such time that the Company provides the trust with an aircraft financing closing notice, which will cause the trusts to use the proceeds from the sale of Certificates to purchase equipment notes from the Company. The equipment notes are secured by the aircraft. Debt issuance costs of $2,988 were incurred in 2019 related to this financing and is being amortized into interest expense over the lives of the Certificates. In December of 2019, the Company purchased one aircraft under the 2019‑1 EETC. In the first quarter of 2020, under the 2019‑1 EETC, SCA purchased two additional aircraft, purchased one previously under operating lease, and refinanced three aircraft previously owned and financed. The purchase of the remaining six aircraft previously under operating or finance leases occurred in the second quarter of 2020. The total appraised value of the 13 aircraft is approximately $292,450. The Certificates bear interest at the following rates per annum: Class A, 4.13% relating to a tranche of seven of the financed aircraft and 4.25% relating to a tranche of six of the financed aircraft; Class B, 4.66% relating to a tranche of seven of the financed aircraft and 4.78% related to a tranche of six of the financed aircraft; and Class C, 6.95%. The expected maturity date of Class A is December 15, 2027, the Class B is December 15, 2025 and the Class C is December 15, 2023. These trusts meet the definition of a variable interest entity (“VIE”) and must be considered for consolidation in the Company’s Consolidated Financial Statements. This assessment considers both quantitative and qualitative factors including the purpose for which these trusts were established and the nature of the risks. The main purpose of the trust structure is to enhance the credit worthiness of the debt obligation and lower the total borrowing cost. The Company concluded that it is not the primary beneficiary in these trusts because the Company’s involvement is limited to principal and interest payments on the related notes. Therefore, these trusts have not been consolidated in the Company’s Consolidated Financial Statements. 9. DEBT (continued) Under the CARES Act Loan Program, on October 26, 2020, the Company was awarded a forty-five-million-dollar loan, which is secured by SCA’s loyalty program and certain cash deposit accounts. The loan bears interest at a rate per annum equal to the Adjusted LIBO Rate plus 6.50% and is due to be repaid on the earlier of (i) October 24, 2025 or (ii) six months prior to the expiration date of any material loyalty program securing the loan. During the term of the loan, the Company must maintain aggregate liquidity of not less than ten million dollars, measured at the close of every business day. There are also provisions that may accelerate payments under the loan if certain collateral and debt service coverage ratios are not met. Additionally, because of the timing of the expiration of the Company’s loyalty program agreement, early loan repayments shall be made based on cash flows from the loyalty program, beginning approximately January 2023. The loan program allows for the Payment-In-Kind (“PIK”) of certain interest amounts throughout the debt term The Company elected to PIK $419 of accrued interest in the fourth quarter of 2020 and it was added to the principal balance. Long-term Debt included the following: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 99.98%;"> <tr> <td valign="bottom" style="width:70.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.56%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.46%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31,  2020 </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.48%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31,  2019 </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;background-color: #CCEEFF;padding:0pt;"> Notes payable under the Company’s 2019-1 EETC agreement dated December 2019, with original loan amounts of $248,587 payable in bi-annual installments through December 2027. These notes bear interest at an annual rate of between 4.13% and 6.95% and are secured by the equipment for which the loan was used </td> <td valign="bottom" style="width:02.56%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.22%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>227,347 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.24%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28,280 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;padding:0pt;"> U. S. Department of the Treasury CARES Act Loan (see terms and conditions above) </td> <td valign="bottom" style="width:02.56%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,419 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;background-color: #CCEEFF;padding:0pt;"> Notes payable to Wilmington Trust Company dated October and November 2018, with original loan amounts totaling $55,671 payable in monthly installments through November 2023. These notes bore interest at an annual rate of 8.45%. They were refinanced in January 2020 through 2019-1 EETC notes </td> <td valign="bottom" style="width:02.56%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,617 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;padding:0pt;"> Note payable to Wilmington Trust Company dated February 2019, with an original loan amount of $12,750 payable in monthly installments of $151 through January 2024, and then final lump sum payment of $2,825 in February 2024. This note bears interest at an annual rate of 8.45% and is secured by the equipment for which the loan was used </td> <td valign="bottom" style="width:02.56%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,813 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,237 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;background-color: #CCEEFF;padding:0pt;"> Note payable to Wilmington Trust Company dated November 2018, with an original loan amount of $3,671 payable in monthly installments of $44 through October 2023, and then final lump sum payment of $1,101 in November 2023. This note bears interest at an annual rate of 8.45% and is secured by the equipment for which the loan was used </td> <td valign="bottom" style="width:02.56%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,693 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,105 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;padding:0pt;"> Note payable to Alliance Bank dated February 2019, with an original loan amount of $600 payable in monthly installments of $5 through March 2029. This note bears interest at an annual rate of 5.0% </td> <td valign="bottom" style="width:02.56%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>519 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>569 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;background-color: #CCEEFF;padding:0pt;"> Notes payable to Riverland Bank dated between April 2015 and May 2016, with original loan amounts totaling $734 payable in monthly installments with expirations between April 2020 and April 2021. The notes bear interest at an annual rate of 5.15% and are secured by the equipment for which the loan was used </td> <td valign="bottom" style="width:02.56%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>97 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;padding:0pt;"> Total Debt </td> <td valign="bottom" style="width:02.56%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>285,801 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>89,905 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;background-color: #CCEEFF;padding:0pt;"> Less: Unamortized debt issuance costs </td> <td valign="bottom" style="width:02.56%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,338) </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,988) </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;padding:0pt;"> Less: Current Maturities of Long-term Debt </td> <td valign="bottom" style="width:02.56%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(26,118) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(13,197) </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;background-color: #CCEEFF;padding:0pt;"> Total Long-term Debt </td> <td valign="bottom" style="width:02.56%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.22%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>256,345 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.24%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>73,720 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   9. DEBT (continued) Future maturities of the outstanding Debt are as follows: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:50.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:17.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.18%;background-color: #auto;padding:0pt;"> Year Ending December 31 </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.40%;border-bottom:1pt solid #000000 ;padding:0pt;"> Debt Principal  Payments </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:19.30%;border-bottom:1pt solid #000000 ;padding:0pt;"> Amortization of Debt  Issuance Costs </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.44%;border-bottom:1pt solid #000000 ;padding:0pt;"> Net Debt </td> <td valign="bottom" style="width:00.50%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.18%;background-color: #CCEEFF;padding:0pt;"> 2021 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.06%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26,928 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:17.70%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(810) </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.16%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>26,118 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.18%;padding:0pt;"> 2022 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;padding:0pt;">   </td> <td valign="bottom" style="width:12.06%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28,846 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;padding:0pt;">   </td> <td valign="bottom" style="width:17.70%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(752) </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;padding:0pt;">   </td> <td valign="bottom" style="width:09.16%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28,094 </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.18%;background-color: #CCEEFF;padding:0pt;"> 2023 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.06%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>43,819 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:17.70%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(678) </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.16%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>43,141 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.18%;padding:0pt;"> 2024 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;padding:0pt;">   </td> <td valign="bottom" style="width:12.06%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>67,659 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;padding:0pt;">   </td> <td valign="bottom" style="width:17.70%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(554) </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;padding:0pt;">   </td> <td valign="bottom" style="width:09.16%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>67,105 </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.18%;background-color: #CCEEFF;padding:0pt;"> 2025 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.06%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>64,810 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:17.70%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(342) </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.16%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>64,468 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.18%;padding:0pt;"> Thereafter </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.06%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>53,739 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:17.70%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(202) </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.16%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>53,537 </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.18%;background-color: #CCEEFF;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>285,801 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.60%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:17.70%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,338) </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.16%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>282,463 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   The table below presents the Company’s debt measured at fair value: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:62.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.10%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2020 </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:00.46%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.10%;background-color: #CCEEFF;padding:0pt;"> Carrying Amount </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.26%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>285,801 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.26%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>89,905 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.10%;padding:0pt;"> Fair Value </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.26%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>279,119 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.26%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>96,342 </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> </table></div>   The fair value of the Company’s debt was based on the discounted amount of future cash flows using the Company’s end-of-year incremental borrowing rate for similar obligations. The estimates were primarily based on Level 3 inputs.   <div /></div> </div>

<div> <div> 7. DEBT<a name="a7DEBT_164407"></a> Lines of Credit—On February 10, 2021, the Company executed a new five-year credit agreement with a group of lenders that replaced the Company’s prior $25,000 asset-based revolving credit facility (the “ABL Facility”). The new agreement provides for a $25,000 Revolving Credit Facility and a $90,000 Delayed Draw Term Loan Facility, which are collectively referred to as the “Credit Facilities.” The interest rate on borrowings is based on the greatest of various alternative base rates, with a minimum of 2%, plus an applicable margin of 4% to 5%. There is a commitment fee on the unused Revolving Credit Facility of 0.5%. The proceeds from the Revolving Credit Facility can be used for general corporate purposes. The proceeds from the Delayed Draw Term Loan Facility are to be used solely to finance the acquisition of aircraft or engines to be registered in the U.S. During the three months ended March 31, 2021, the Company drew $68,000 on the Delayed Draw Term Loan Facility to purchase five aircrafts. On April 6, 2021, the Company drew an additional $12,500 for the purchase of an additional aircraft, which was under operating lease as of March 31, 2021. The Credit Facilities have financial covenants that require a minimum EBITDAR (ranging from $62,100 to $87,700) and a minimum liquidity of $30,000 at the close of any business day. Long-term Debt—In December 2019, the Company arranged for the issuance of Class A, Class B and Class C pass-through trust certificates Series 2019‑1 (the “2019‑1 EETC”), in an aggregate face amount of $248,587 for the purpose of financing or refinancing 13 used aircraft, which was completed in 2020. Under the CARES Act Loan Program, on October 26, 2020, the Company was awarded a $45,000 loan, which was secured by the Company’s loyalty program and certain cash deposit accounts. The loan bore interest at a rate per annum equal to the Adjusted LIBO Rate plus 6.50% and was due to be repaid on the earlier of (i) October 24, 2025 or (ii) six months prior to the expiration date of any material loyalty program securing the loan. On March 24, 2021, the CARES Act Loan was repaid in full, including outstanding principal and accrued interest for a total repayment amount of $46,260. The Company was in compliance with all covenants in its debt agreements at March 31, 2021. 7. DEBT (continued) Long-term Debt included the following:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> March 31, 2021 </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:15.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2020 </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Notes payable under the Company's 2019-1 EETC agreement dated December 2019, with original loan amounts of $248,587 payable in bi-annual installments through December 2027. These notes bear interest at an annual rate of between 4.13% and 6.95% and are secured by the equipment for which the loan was used. </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="top" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 227,347 </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="top" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 227,347 </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Delayed Draw Term Loan Facility (see terms and conditions above) </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 68,000 </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> U. S. Department of the Treasury CARES Act Loan (see terms and conditions above) </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 45,419 </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Notes payable to Wilmington Trust Company. Notes bear interest at an annual rate of 8.45% and mature Nov. 2023 to Feb. 2024. </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 11,880 </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 12,506 </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Other Notes payable. These notes bear interest at an annual rate of approximately 5.0% and mature March 2029. </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 505 </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 529 </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total Debt </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 307,732 </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 285,801 </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Less: Unamortized debt issuance costs </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (4,391) </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (3,338) </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Less: Current Maturities of Long-term Debt </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (29,232) </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (26,118) </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total Long-term Debt </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 274,109 </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 256,345 </td> </tr> </table></div>   Future maturities of the outstanding Debt are as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:50.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:16.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Debt Principal  </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:18.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Amortization of Debt </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:50.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> March 31, 2021 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Payments </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:18.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">  Issuance Costs </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Net Debt </td> </tr> <tr> <td valign="bottom" style="width:50.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Remainder of 2021 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 28,799 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:16.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (775) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 28,024 </td> </tr> <tr> <td valign="bottom" style="width:50.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2022 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 32,059 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (983) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 31,076 </td> </tr> <tr> <td valign="bottom" style="width:50.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2023 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 44,900 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (908) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 43,992 </td> </tr> <tr> <td valign="bottom" style="width:50.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2024 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 43,962 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (785) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 43,177 </td> </tr> <tr> <td valign="bottom" style="width:50.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2025 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 45,062 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (670) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 44,392 </td> </tr> <tr> <td valign="bottom" style="width:50.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Thereafter </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 112,950 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (270) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 112,680 </td> </tr> <tr> <td valign="bottom" style="width:50.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 307,732 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:16.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (4,391) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 303,341 </td> </tr> </table></div>   The table below presents the Company’s debt measured at fair value:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:14.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> March 31, 2021 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2020 </td> </tr> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Carrying Amount </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 307,732 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:14.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 285,801 </td> </tr> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fair Value </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 301,513 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:14.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 279,119 </td> </tr> </table></div>   The fair value of the Company’s debt was based on the discounted amount of future cash flows using the Company’s end-of-period incremental borrowing rate for similar obligations. The estimates were primarily based on Level 3 inputs. <div /></div> </div>

0.0650

0.05

0.04

89905000

569000

97000

11237000

3105000

46617000

28280000

285801000

45419000

519000

10000

9813000

2693000

12506000

227347000

529000

307732000

68000000

11880000

227347000

505000

600000

734000

12750000

3671000

55671000

248587000

45000000

600000

734000

12750000

3671000

248587000

0.050

0.0515

0.0845

0.0695

0.0413

0.050

0.0515

0.0845

0.050

0.0695

0.0413

0.0845

0.050

0.0695

0.0413

2825000

1101000

2825000

1101000

P5Y

<div> <div> Long-term Debt—Debt finance costs are capitalized and amortized over the term of the respective agreement. <div /></div> </div>

<div> <div> Deferred Offering Costs—These consist of legal, accounting and other fees and costs relating to the Company’s planned Initial Public Offering (“IPO”), and are capitalized and recorded in Other Current Assets on the Consolidated Balance Sheets. The deferred offering costs will be offset against the proceeds received upon the closing of the planned IPO. In the event that the Company’s plans for an IPO are terminated, all of the deferred offering costs will be written off within operating expenses in the Company’s Consolidated Statements of Operations. As of December 31, 2020 and 2019, respectively, $4,552 and $2,268 of deferred offering costs were capitalized. <div /></div> </div>

129000

12509000

-597000

2988000

3338000

4391000

35428000

36216000

30810000

147000

14022000

2471000

-789000

5406000

103912000

118459000

2268000

4552000

32000

1513000

-191000

5064000

4911000

15325000

12586000

139340000

154675000

35428000

36216000

24680000

75389000

73116000

2273000

2769000

4318000

514000

24858000

67105000

1334000

3028000

5154000

5303000

<div> <div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:49.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.24%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.84%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:33.74%;border-bottom:1pt solid #000000 ;padding:0pt;"> Successor </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.06%;border-bottom:1pt solid #000000 ;padding:0pt;"> Predecessor </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.24%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.84%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:18.54%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:01.84%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.36%;border-top:1pt solid #000000 ;padding:0pt;"> For the Period April 11, 2018 to </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.06%;border-top:1pt solid #000000 ;padding:0pt;"> For the Period January 1, 2018 to </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.24%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.84%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.24%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.24%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.84%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.36%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2018 </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #auto;padding:0pt;">    </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">    </td> <td colspan="2" valign="bottom" style="width:13.06%;border-bottom:1pt solid #000000 ;padding:0pt;"> April 10, 2018 </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.24%;background-color: #CCEEFF;padding:0pt;"> Non-Discretionary </td> <td valign="bottom" style="width:01.84%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,040 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>908 </td> <td valign="bottom" style="width:01.84%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.30%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>592 </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>308 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.24%;padding:0pt;"> Discretionary </td> <td valign="bottom" style="width:01.84%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,263 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,246 </td> <td valign="bottom" style="width:01.84%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,436 </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,026 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.24%;background-color: #CCEEFF;padding:0pt;"> Total 401(k) Contributions </td> <td valign="bottom" style="width:01.84%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,303 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,154 </td> <td valign="bottom" style="width:01.84%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,028 </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,334 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div>

1026000

2436000

4246000

4263000

0.04

0.06

0.5

<div> <div> 15. DEFINED CONTRIBUTION 401(K) PLAN The Company has a 401(k) profit-sharing retirement plan covering substantially all employees. The plan allows employee contributions up to 50% of a participant’s eligible compensation, subject to limits established under the 401(k) plan and annual IRS elective deferral limits. SCA currently matches 100% of participants contribution up to a maximum of 4% for non-pilot participants’ and 6% for pilot participants’ eligible compensation. SCA is also required to make a non-discretionary 2% Company contribution for pilots based on gross earnings. The Company made 401(k) contributions as follows: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:49.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.24%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.84%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:33.74%;border-bottom:1pt solid #000000 ;padding:0pt;"> Successor </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.06%;border-bottom:1pt solid #000000 ;padding:0pt;"> Predecessor </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.24%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.84%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:18.54%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:01.84%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.36%;border-top:1pt solid #000000 ;padding:0pt;"> For the Period April 11, 2018 to </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.06%;border-top:1pt solid #000000 ;padding:0pt;"> For the Period January 1, 2018 to </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.24%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.84%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.24%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.24%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.84%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.36%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2018 </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #auto;padding:0pt;">    </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">    </td> <td colspan="2" valign="bottom" style="width:13.06%;border-bottom:1pt solid #000000 ;padding:0pt;"> April 10, 2018 </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.24%;background-color: #CCEEFF;padding:0pt;"> Non-Discretionary </td> <td valign="bottom" style="width:01.84%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,040 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>908 </td> <td valign="bottom" style="width:01.84%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.30%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>592 </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>308 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.24%;padding:0pt;"> Discretionary </td> <td valign="bottom" style="width:01.84%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,263 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,246 </td> <td valign="bottom" style="width:01.84%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,436 </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,026 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.24%;background-color: #CCEEFF;padding:0pt;"> Total 401(k) Contributions </td> <td valign="bottom" style="width:01.84%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,303 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,154 </td> <td valign="bottom" style="width:01.84%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,028 </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,334 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   Contributions are classified in Salaries, Wages, and Benefits on the Consolidated Statements of Operations. <div /></div> </div>

1970000

3101000

1723000

28266000

22584000

18855000

92000

2315000

308000

6731000

426000

17347000

5121000

481000

31657000

8800000

2526000

14405000

34877000

10527000

48086000

12615000

0.005

0.010

-14286000

10126000

-22036000

-14259000

2386000

2233000

1205000

1174000

<div> <div> 12. FUEL DERIVATIVES AND RISK MANAGEMENT The Company’s operations are inherently dependent upon the price of aircraft fuel. To manage economic risks associated with fluctuations in aircraft fuel prices, the Company periodically enters into fuel option and swap contracts. The Company does not apply hedge accounting to its fuel derivative contracts, nor does it hold or issue them for trading purposes. Fuel derivative contracts are recognized at fair value on the Consolidated Balance Sheets as Derivative Assets, if the fair value is in an asset position, or as Derivative Liabilities, if the fair value is in a liability position. The Company did not have any collateral held by counterparties to these agreements as of December 31, 2020 and 2019. Derivatives where the payment due date is greater than one year from the balance sheet date are classified as long-term. Changes in Derivative Assets (Liabilities) were as follows: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:73.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.26%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.22%;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:00.58%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.26%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.14%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.94%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.14%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:00.58%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.26%;background-color: #CCEEFF;padding:0pt;"> Balance—January 1 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,233 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(12,006) </td> <td valign="bottom" style="width:00.58%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.26%;padding:0pt;"> Non-cash gains (losses) </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(12,206) </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,791 </td> <td valign="bottom" style="width:00.58%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.26%;background-color: #CCEEFF;padding:0pt;"> Contract settlements </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,800 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,448 </td> <td valign="bottom" style="width:00.58%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.26%;padding:0pt;"> Balance—December 31 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,173) </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,233 </td> <td valign="bottom" style="width:00.58%;padding:0pt;">   </td> </tr> </table></div>   Fuel Derivative Gains (Losses) consisted of the following: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:58.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:13.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.04%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.78%;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:01.86%;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.98%;padding:0pt;"> For the Period April 11, 2018 to </td> <td valign="bottom" style="width:00.46%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.04%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.86%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.86%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.98%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2018 </td> <td valign="bottom" style="width:00.46%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.04%;background-color: #CCEEFF;padding:0pt;"> Non-cash gains (losses) </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.30%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(12,206) </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.30%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,791 </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.78%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(12,006) </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.04%;padding:0pt;"> Cash Premiums Paid </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.30%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,053) </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.30%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(665) </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.78%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,280) </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.04%;background-color: #CCEEFF;padding:0pt;"> Total Fuel Derivative gains (losses) </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.30%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(14,259) </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.30%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,126 </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.78%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(14,286) </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   There were fuel derivative gains in the second, third and fourth quarters of 2020, primarily due to the partial recovery of oil prices following the decline during the first quarter of 2020. There were no fuel derivatives outstanding during the period January 1, 2018 through April 10, 2018. Fuel derivative gains and losses are recognized in Aircraft Fuel expense on the Consolidated Statements of Operations. As of December 31, 2020, the Company had outstanding fuel derivative contracts covering 21.0 million gallons of crude oil and jet fuel that will settle between January 2021 and September 2021. Fuel Consortia The Company currently participates in fuel consortia at multiple airports. These agreements generally include cost-sharing provisions and environmental indemnities that are generally joint and several among the participating airlines. To the extent the consortium are legal entities, they meet the definition of a VIE and must be considered for consolidation in the Company’s Consolidated Financial Statements. The company concluded that it is not the primary beneficiary of any fuel consortia as SCA’s participation generally represents a small percentage of the overall fuel consortia interests and SCA does not have the ability to direct the activities of the consortia. <div /></div> </div>

<div> <div> 8. FUEL DERIVATIVES AND RISK MANAGEMENT<a name="a8FUELDERIVATIVESANDRISKMANAGEMENT_78904"></a> The Company’s operations are inherently dependent upon the price of aircraft fuel. To manage economic risks associated with fluctuations in aircraft fuel prices, the Company periodically enters into fuel option and swap contracts. The Company does not apply hedge accounting to its fuel derivative contracts, nor does it hold or issue them for trading purposes. Fuel derivative contracts are recognized at fair value on the Condensed Consolidated Balance Sheets as Derivative Assets, if the fair value is in an asset position, or as Derivative Liabilities, if the fair value is in a liability position. The Company did not have any collateral held by counterparties to these agreements as of March 31, 2021 and December 31, 2020. Derivatives where the payment due date is greater than one year from the balance sheet date are classified as long-term. Changes in Derivative Assets (Liabilities) were as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:28.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended March 31,  </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2021 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Balance—January 1 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (1,173) </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2,233 </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Non-cash Gains (Losses) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 2,386 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (21,752) </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Contract Settlements </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (8) </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 65 </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Balance—March 31 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,205 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (19,454) </td> </tr> </table></div>   Fuel Derivative Gains (Losses) consisted of the following:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:28.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended March 31,  </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2021 </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Non-cash Gains (Losses) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2,386 </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (21,752) </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Cash Premiums Paid </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (284) </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total Fuel Derivative Gains (Losses) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 2,386 </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (22,036) </td> </tr> </table></div>   The gain in the quarter ended March 31, 2021 was primarily due to an increase in oil prices. The loss in the quarter ended March 31, 2020 was primarily due to the significant decline in oil prices. There were fuel derivative gains in the second, third and fourth quarters of 2020, primarily due to the partial recovery of oil prices following the decline during the first quarter of 2020. Fuel derivative gains and losses are classified in Aircraft Fuel on the Condensed Consolidated Statements of Operations. As of March 31, 2021, the Company had outstanding fuel derivative contracts covering 12.7 million gallons of crude oil and jet fuel that will settle between April 2021 and September 2021. <div /></div> </div>

0.20

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:47.00%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:36.18%;border-bottom:1pt solid #000000 ;padding:0pt;"> Successor </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;border-bottom:1pt solid #000000 ;padding:0pt;"> Predecessor </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:21.22%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.32%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> For the Period  April 11, 2018 to </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> For the Period  January 1, 2018 to </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.78%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.66%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.78%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.32%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2018 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">    </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">    </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> April 10, 2018 </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #CCEEFF;padding:0pt;"> Scheduled service </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.74%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>193,047 </td> <td valign="bottom" style="width:01.66%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.74%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>396,113 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.10%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>224,507 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.84%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>132,234 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;padding:0pt;"> Charter service </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>98,130 </td> <td valign="bottom" style="width:01.66%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>174,562 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>111,317 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>40,663 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #CCEEFF;padding:0pt;"> Ancillary(1) </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>68,055 </td> <td valign="bottom" style="width:01.66%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>118,158 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;padding:0pt;"> Passenger </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>359,232 </td> <td valign="bottom" style="width:01.66%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>688,833 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>335,824 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>172,897 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #CCEEFF;padding:0pt;"> Cargo </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>36,809 </td> <td valign="bottom" style="width:01.66%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;padding:0pt;"> Ancillary(1) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.66%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>41,065 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,670 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #CCEEFF;padding:0pt;"> Other </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,445 </td> <td valign="bottom" style="width:01.66%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,551 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,042 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,885 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;padding:0pt;"> Total Operating Revenue </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.74%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>401,486 </td> <td valign="bottom" style="width:01.66%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.74%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>701,384 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.10%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>384,931 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.84%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>197,452 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (1) </td><td style="width:0pt;"></td><td align="left" valign="top"> The classification of Ancillary changed as a result of the adoption of ASC 606.</td></tr></table></div><div /></div> </div>

<div> <div> 11. STOCK-BASED COMPENSATION In October of 2018, the Company adopted an equity incentive plan (the “Plan”) pursuant to which the Company may grant stock options, restricted stock, and restricted stock units to employees, consultants, and non-employee directors. Shares related to awards granted under the Plan that expire, are forfeited, or for any other reason are not issued or delivered will be available for subsequent awards under the Plan. The Plan authorizes issuance of up to 6,985,533 shares. As of December 31, 2020, there were 988,383 shares available for future grants. On November 7, 2018, the Company granted 5,827,511 stock options to certain employees, with 38.5% of the options vesting upon the passage of time, and 61.5% of the options vesting based on performance conditions. Additional stock options were awarded in 2019 and 2020 with the same time-vesting and performance ratios (see tables below). The 2018 time-based options vest proportionally (25% per year) on each of the first four anniversaries of the Acquisition Date. The 2019 and 2020 time-based options vest proportionally (25% per year) on each of the first four anniversaries of the grant date. The performance-based options vest when there is a Change in Control. All unexercised options awarded under the Plan expire on the tenth anniversary of the grant date. The stock option exercise prices range from $5.30 to $18.02 per share. Compensation expense related to time-based stock options is recognized in an amount equal to the fair value on the date of the grant and is recognized on a straight-line basis over the employee’s requisite service period, generally the vesting period of the award. Compensation expense related to performance-based stock options is recognized only if the performance condition becomes probable of occurring. A summary of stock option activity: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:49.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;background-color: #auto;padding:0pt;">   </td> <td colspan="9" valign="bottom" style="width:47.94%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Time-Based Stock Options </td> <td valign="bottom" style="width:00.42%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Number of shares </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Weighted average exercise price per share </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Weighted average grant date fair value </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Weighted average remaining contractual term (years) </td> <td valign="bottom" style="width:00.42%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;background-color: #CCEEFF;padding:0pt;"> Outstanding as of December 31, 2018 </td> <td valign="bottom" style="width:01.96%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,243,588 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.29 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.39 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9.8 </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;padding:0pt;"> Granted </td> <td valign="bottom" style="width:01.96%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>472,253 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.93 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3.14 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;background-color: #CCEEFF;padding:0pt;"> Forfeited </td> <td valign="bottom" style="width:01.96%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(434,533) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.29 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.39 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;padding:0pt;"> Outstanding as of December 31, 2019 </td> <td valign="bottom" style="width:01.96%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,281,308 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.84 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.54 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9.0 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;background-color: #CCEEFF;padding:0pt;"> Granted </td> <td valign="bottom" style="width:01.96%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>221,941 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17.99 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.02 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;padding:0pt;"> Forfeited </td> <td valign="bottom" style="width:01.96%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(173,788) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14.65 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.70 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;background-color: #CCEEFF;padding:0pt;"> Outstanding as of December 31, 2020 </td> <td valign="bottom" style="width:01.96%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,329,461 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.36 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.74 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.6 </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;padding:0pt;"> Exercisable as of December 31, 2020 </td> <td valign="bottom" style="width:01.96%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,054,059 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.64 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.50 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;background-color: #CCEEFF;padding:0pt;"> Vested or expected to vest, December 31, 2020 </td> <td valign="bottom" style="width:01.96%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,329,461 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.36 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.74 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   11. STOCK-BASED COMPENSATION (continued) <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:49.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">   </td> <td colspan="9" valign="bottom" style="width:48.04%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Performance-Based Stock Options </td> <td valign="bottom" style="width:00.50%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Number of shares </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Weighted average exercise price per share </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Weighted average grant date fair value </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:10.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Weighted average remaining contractual term (years) </td> <td valign="bottom" style="width:00.50%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;background-color: #CCEEFF;padding:0pt;"> Outstanding as of December 31, 2018 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,583,923 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.29 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.50 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9.8 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;padding:0pt;"> Granted </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>746,836 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.96 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.01 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-top:2pt double #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;background-color: #CCEEFF;padding:0pt;"> Forfeited </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(827,812) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.29 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.50 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;padding:0pt;"> Outstanding as of December 31, 2019 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,502,947 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.86 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.61 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9.0 </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;background-color: #CCEEFF;padding:0pt;"> Granted </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>346,984 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17.99 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4.36 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-top:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;padding:0pt;"> Forfeited </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(272,679) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14.65 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3.59 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;background-color: #CCEEFF;padding:0pt;"> Outstanding as of December 31, 2020 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,577,252 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.38 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.72 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.6 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;padding:0pt;"> Exercisable as of December 31, 2020 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-top:2pt double #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;background-color: #CCEEFF;padding:0pt;"> Vested or expected to vest, December 31, 2020 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   Stock compensation expense was $2,110 and $1,888 during the years ended December 31, 2020 and 2019, respectively, and was $373 during the period April 11, 2018 through December 31, 2018. Expense recorded in 2020 includes 30,820 shares of SCA’s common stock which was awarded to employees as part of their annual bonus compensation. As of December 31, 2020, there was $2,760 of total unrecognized compensation expense related to time-based stock options, which is expected to be fully recognized over a weighted average period of approximately 1.5 years. A third-party valuation advisor was utilized to assist management in determining the fair value of options granted using the Black-Scholes option-pricing model based on the grant price and assumptions regarding the expected term, expected volatility, dividends, and risk-free interest rates. The grant price was determined based on the fair value of the Company’s stock on the grant date. The fair value of the time-based stock options granted was estimated using the Black-Scholes option-pricing model with the following weighted-average assumptions used for grants: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:75.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:04.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:04.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:75.16%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:06.06%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:04.88%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:07.16%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:04.88%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:75.16%;background-color: #CCEEFF;padding:0pt;"> Expected Term </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:06.06%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> 5.59 </td> <td valign="bottom" style="width:04.88%;background-color: #CCEEFF;padding:0pt;"> years </td> <td valign="bottom" style="width:07.16%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> 5.67 </td> <td valign="bottom" style="width:04.88%;background-color: #CCEEFF;padding:0pt;"> years </td> </tr> <tr> <td valign="bottom" style="width:75.16%;padding:0pt;"> Expected Volatility </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:06.06%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>38.8 </td> <td valign="bottom" style="width:04.88%;padding:0pt;"> %   </td> <td valign="bottom" style="width:07.16%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>33.9 </td> <td valign="bottom" style="width:04.88%;padding:0pt;"> % </td> </tr> <tr> <td valign="bottom" style="width:75.16%;background-color: #CCEEFF;padding:0pt;"> Risk-free Interest Rate </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:06.06%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.7 </td> <td valign="bottom" style="width:04.88%;background-color: #CCEEFF;padding:0pt;"> %   </td> <td valign="bottom" style="width:07.16%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.7 </td> <td valign="bottom" style="width:04.88%;background-color: #CCEEFF;padding:0pt;"> % </td> </tr> <tr> <td valign="bottom" style="width:75.16%;padding:0pt;"> Expected Dividend Yield </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:06.06%;padding:0pt;"> — </td> <td valign="bottom" style="width:04.88%;padding:0pt;">   </td> <td valign="bottom" style="width:07.16%;padding:0pt;"> — </td> <td valign="bottom" style="width:04.88%;padding:0pt;">   </td> </tr> </table></div>   The expected term was based on vesting criteria and time to expiration. The expected volatility was based on historical volatility of stock prices and assets of a public company peer group. The risk-free interest rate was based on the implied risk-free rate using the expected term and yields of U.S Treasury stock and S&P bond yields. The fair value of performance-based stock options granted was estimated by simulating the future stock price using geometric brownian motion and risk-free rate of return at intervals specified in the grant agreement. The number of shares vested and future price at each interval were recorded for each simulation and then multiplied together and discounted to present value at the risk-free rate of return. <div /></div> </div>

10549000

0.26

-0.01

0.71

0.99

0.08

0.11

0.16

-0.08

-0.13

0.06

-0.17

0.26

-0.01

0.71

0.96

0.08

0.10

0.15

-0.08

-0.13

0.06

-0.17

0.24

<div> <div> 6. EARNINGS PER SHARE Basic earnings per share, which excludes dilution, is computed by dividing Net Income available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. The number of incremental shares from the assumed issuance of shares relating to share based awards is calculated by applying the treasury stock method. The following table shows the computation of basic and diluted earnings per share: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:43.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:43.50%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:39.70%;border-bottom:1pt solid #000000 ;padding:0pt;"> Successor </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;border-bottom:1pt solid #000000 ;padding:0pt;"> Predecessor </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:43.50%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.72%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:01.64%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.34%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> For the Period  April 11, 2018 to </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> For the Period  January 1, 2018 to </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:43.50%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.54%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.54%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.34%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2018 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">    </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">    </td> <td colspan="2" valign="bottom" style="width:13.02%;border-bottom:1pt solid #000000 ;padding:0pt;"> April 10, 2018 </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:43.50%;background-color: #CCEEFF;padding:0pt;"> Numerator: </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.50%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.50%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.22%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:43.50%;padding:0pt;"> Net income / (Loss) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.50%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,904) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.50%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,072 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.22%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(367) </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.92%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,910 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:43.50%;background-color: #CCEEFF;padding:0pt;"> Denominator: </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.50%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.50%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.22%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:43.50%;padding:0pt;"> Weighted Average Common Shares Outstanding—Basic </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:10.50%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,806,042 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:10.50%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,773,038 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;padding:0pt;">   </td> <td valign="bottom" style="width:12.22%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,700,990 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> <td valign="bottom" style="width:11.92%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>100,000,000 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:43.50%;background-color: #CCEEFF;padding:0pt;"> Dilutive effects of Warrants </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.50%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.50%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.22%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.92%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:43.50%;padding:0pt;"> Dilutive effect of Stock Options and Warrants(1) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.50%;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.50%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,136,375 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.22%;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.92%;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:43.50%;background-color: #CCEEFF;padding:0pt;"> Weighted Average Common Shares Outstanding—Diluted </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.50%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,806,042 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.50%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>47,909,413 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.22%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,700,990 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.92%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>100,000,000 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:43.50%;padding:0pt;"> Basic earnings / (loss) per share </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.50%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.08) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.50%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.99 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.22%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.01) </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.92%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.26 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:43.50%;background-color: #CCEEFF;padding:0pt;"> Diluted earnings / (loss) per share </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.50%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.08) </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.50%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.96 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.22%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.01) </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.92%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.26 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (1) </td><td style="width:0pt;"></td><td align="left" valign="top"> There were 3,577,252,  3,502,925 and 3,583,923 performance-based stock options outstanding as of December 31, 2020, 2019 and 2018, respectively, that were excluded from the calculation of diluted EPS. Additionally, in loss periods, the inclusion of unvested options would have an anti-dilutive effect.</td></tr></table></div> Prior to their exercise on January 31, 2020, all 40,005,885 warrants held by Apollo were included in basic and diluted weighted average shares outstanding as they were equity classified, had an exercise price of approximately $0.0005, and all necessary conditions for issuance were met. Warrants held by Amazon are included in diluted weighted average shares outstanding as of the date the warrants vested. The unvested warrants held by Amazon have not been included in diluted shares as their performance condition had not yet been satisfied. <div /></div> </div>

<div> <div> 5. EARNINGS PER SHARE<a name="a5EARNINGSPERSHARE_251224"></a> Basic earnings per share, which excludes dilution, is computed by dividing Net Income available to common stockholders by the weighted average number of shares of common stock outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. The number of incremental shares from the assumed issuance of shares relating to share based awards is calculated by applying the treasury stock method. The following table shows the computation of basic and diluted earnings per share: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:67.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:13.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:13.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:30.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended March 31,  </td> </tr> <tr> <td valign="bottom" style="width:67.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2021 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> </tr> <tr> <td valign="bottom" style="width:67.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Numerator: </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> </tr> <tr> <td valign="bottom" style="width:67.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Net Income </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 12,416 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 7,251 </td> </tr> <tr> <td valign="bottom" style="width:67.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Denominator: </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> </tr> <tr> <td valign="bottom" style="width:67.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Weighted Average Common Shares Outstanding—Basic </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 48,496,077 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 46,805,951 </td> </tr> <tr> <td valign="bottom" style="width:67.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Dilutive effect of Stock Options and Warrants (1) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 4,012,109 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,419,652 </td> </tr> <tr> <td valign="bottom" style="width:67.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Weighted Average Common Shares Outstanding—Diluted </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 52,508,186 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 48,225,603 </td> </tr> <tr> <td valign="bottom" style="width:67.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:67.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Basic earnings per share </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.26 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.16 </td> </tr> <tr> <td valign="bottom" style="width:67.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Diluted earnings per share </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 0.24 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 0.15 </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (1) </td><td style="width:0pt;"></td><td align="left" valign="top"> There were 3,557,432 and 3,646,690 performance-based stock options outstanding at March 31, 2021 and 2020, respectively. As a result of the Company’s initial public offering, 75 percent of these options are expected to meet the performance conditions and are included in dilutive options at March 31, 2021. At March 31, 2020, these options were excluded from the calculation of diluted EPS since the performance conditions were not considered likely to be met.</td></tr></table></div> 5. EARNINGS PER SHARE (continued) Prior to their exercise on January 31, 2020, all 40,005,885 warrants held by the Apollo Stockholder were included in basic and diluted weighted average shares outstanding as they were equity classified, had an exercise price of approximately $0.0005, and all necessary conditions for issuance were met. Warrants held by Amazon are included in dilutive weighted average shares outstanding as of the date the warrants vest. The unvested warrants held by Amazon have not been included in dilutive shares as their performance condition had not been satisfied. <div /></div> </div>

-0.779

0.235

0.252

0.166

0.303

0.210

-0.036

0.000

-0.020

-0.120

0.021

0.031

16621000

16368000

16870000

2760000

P1Y6M

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:55.56%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:00.46%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.56%;background-color: #CCEEFF;padding:0pt;"> Liabilities </td> <td valign="bottom" style="width:01.90%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.56%;padding:0pt;"> Fuel Derivative Contracts </td> <td valign="bottom" style="width:01.90%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,173 </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,173 </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.56%;background-color: #CCEEFF;padding:0pt;"> Total Liabilities measured at fair value on a recurring basis </td> <td valign="bottom" style="width:01.90%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,173 </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,173 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:55.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.54%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;background-color: #auto;padding:0pt;">   </td> <td colspan="11" valign="bottom" style="width:42.10%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:00.46%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.54%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:01.90%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.12%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:00.46%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.54%;background-color: #CCEEFF;padding:0pt;"> Assets </td> <td valign="bottom" style="width:01.90%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.12%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.54%;padding:0pt;"> Fuel Derivative Contracts </td> <td valign="bottom" style="width:01.90%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.90%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,233 </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.96%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,233 </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.54%;background-color: #CCEEFF;padding:0pt;"> Total Assets measured at fair value on a recurring basis </td> <td valign="bottom" style="width:01.90%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.90%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,233 </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.96%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,233 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div>

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="11" valign="bottom" style="width:39.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> March 31, 2021 </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Assets </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fuel Derivative Contracts </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,205 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,205 </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total Assets measured at fair value on a recurring basis </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,205 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,205 </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="11" valign="bottom" style="width:39.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2020 </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Liabilities </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fuel Derivative Contracts </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,173 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,173 </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total Liabilities measured at fair value on a recurring basis </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,173 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,173 </td> </tr> </table></div>   <div /></div> </div>

<div> <div> 13. FAIR VALUE MEASUREMENTS Accounting standards define fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The standards also establish a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Under GAAP, there are three levels of inputs that may be used to measure fair value: Level 1—Quoted prices for identical assets or liabilities in active markets. Level 2—Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3—Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The Company uses the following valuation methodologies for financial instruments measured at fair value on a recurring basis. Derivative Instruments—Derivative instruments are accounted for as either assets or liabilities and are carried at fair value. The fair value for fuel derivative options and swaps is determined utilizing an option pricing model that uses inputs that are readily available in active markets or can be derived from information available in active markets and are classified within Level 2. The following table summarizes the assets and liabilities measured at fair value on a recurring basis: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:55.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.56%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;background-color: #auto;padding:0pt;">   </td> <td colspan="11" valign="bottom" style="width:42.08%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2020 </td> <td valign="bottom" style="width:00.46%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.56%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:00.46%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.56%;background-color: #CCEEFF;padding:0pt;"> Liabilities </td> <td valign="bottom" style="width:01.90%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.56%;padding:0pt;"> Fuel Derivative Contracts </td> <td valign="bottom" style="width:01.90%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,173 </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,173 </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.56%;background-color: #CCEEFF;padding:0pt;"> Total Liabilities measured at fair value on a recurring basis </td> <td valign="bottom" style="width:01.90%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,173 </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,173 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:55.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.54%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;background-color: #auto;padding:0pt;">   </td> <td colspan="11" valign="bottom" style="width:42.10%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:00.46%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.54%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:01.90%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.12%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:00.46%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.54%;background-color: #CCEEFF;padding:0pt;"> Assets </td> <td valign="bottom" style="width:01.90%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.12%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.54%;padding:0pt;"> Fuel Derivative Contracts </td> <td valign="bottom" style="width:01.90%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.90%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,233 </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.96%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,233 </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:55.54%;background-color: #CCEEFF;padding:0pt;"> Total Assets measured at fair value on a recurring basis </td> <td valign="bottom" style="width:01.90%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.90%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,233 </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.96%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,233 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   Certain assets are measured at fair value on a nonrecurring basis. The Company’s non-financial assets, which primarily consist of property and equipment, goodwill and other intangible assets are not required to be measured at fair value on a recurring basis and are reported at carrying value. However, on a periodic basis whenever events or changes in circumstances indicate that their carrying may not be recoverable, non-financial assets are assessed for impairment and, if applicable, written down to fair value using significant unobservable inputs, classified as Level 3. The Company’s debt portfolio consists of EETC certificates and notes payable. See Note 9 for debt fair values. <div /></div> </div>

<div> <div> 9. FAIR VALUE MEASUREMENTS<a name="a9FAIRVALUEMEASUREMENTS_773484"></a> Accounting standards define fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The standards also establish a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Under GAAP, there are three levels of inputs that may be used to measure fair value: Level 1—Quoted prices for identical assets or liabilities in active markets. Level 2—Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3—Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The Company uses the following valuation methodologies for financial instruments measured at fair value on a recurring basis. Derivative Instruments – Derivative instruments are accounted for as either assets or liabilities and are carried at fair value. The fair value for fuel derivative options and swaps is determined utilizing an option pricing model that uses inputs that are readily available in active markets or can be derived from information available in active markets and are classified within Level 2. The following table summarizes the assets and liabilities measured at fair value on a recurring basis:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="11" valign="bottom" style="width:39.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> March 31, 2021 </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Assets </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fuel Derivative Contracts </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,205 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,205 </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total Assets measured at fair value on a recurring basis </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,205 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,205 </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="11" valign="bottom" style="width:39.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2020 </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Liabilities </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fuel Derivative Contracts </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,173 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,173 </td> </tr> <tr> <td valign="bottom" style="width:58.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total Liabilities measured at fair value on a recurring basis </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,173 </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 1,173 </td> </tr> </table></div>   Certain assets are measured at fair value on a nonrecurring basis. The Company’s non-financial assets, which primarily consist of property and equipment, goodwill and other intangible assets are not required to be measured at fair value on a recurring basis and are reported at carrying value. However, on a periodic basis whenever events or changes in circumstances indicate that their carrying value may not be recoverable, non-financial assets are assessed for impairment and, if applicable, written down to fair value using significant unobservable inputs, classified as Level 3. The Company’s debt portfolio consists of 2019‑1 EETC certificates, borrowings under the Delayed Draw Term Loan Facility, and fixed-rate notes payable. See Note 7 for debt fair values. <div /></div> </div>

10791000

-21752000

-12206000

2386000

3448000

65000

8800000

-8000

-12006000

2233000

-19454000

-1173000

1205000

293000

4754000

10741000

8659000

10741000

8659000

107170000

92318000

11460000

9995000

<div> <div> The following table provides details of the Company’s obligations under finance and operating leases as of December 31, 2020: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:39.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.96%;border-bottom:1pt solid #000000 ;padding:0pt;"> Finance </td> <td valign="bottom" style="width:01.94%;background-color: #auto;padding:0pt;">   </td> <td colspan="11" valign="bottom" style="width:45.88%;border-bottom:1pt solid #000000 ;padding:0pt;"> Operating Leases </td> <td valign="bottom" style="width:00.34%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Leases </td> <td valign="bottom" style="width:01.94%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Aircraft </td> <td valign="bottom" style="width:01.94%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Real Estate </td> <td valign="bottom" style="width:01.94%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Other </td> <td valign="bottom" style="width:01.94%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Total </td> <td valign="bottom" style="width:00.34%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #CCEEFF;padding:0pt;"> 2021 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17,572 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>38,076 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,218 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,675 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.02%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>41,969 </td> <td valign="bottom" style="width:00.34%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;padding:0pt;"> 2022 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,460 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>32,842 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,962 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,561 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>36,365 </td> <td valign="bottom" style="width:00.34%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #CCEEFF;padding:0pt;"> 2023 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,460 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>32,592 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,466 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>659 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>34,717 </td> <td valign="bottom" style="width:00.34%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;padding:0pt;"> 2024 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,177 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>24,476 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,466 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>25,942 </td> <td valign="bottom" style="width:00.34%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #CCEEFF;padding:0pt;"> 2025 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,489 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,630 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,466 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,096 </td> <td valign="bottom" style="width:00.34%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;padding:0pt;"> Thereafter </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>52,949 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,222 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,071 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,293 </td> <td valign="bottom" style="width:00.34%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #CCEEFF;padding:0pt;"> Total Minimum Lease Payments </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>139,107 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>145,838 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,649 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,895 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>163,382 </td> <td valign="bottom" style="width:00.34%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;padding:0pt;"> Less: Amount Representing Interest </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(31,937) </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(18,034) </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,662) </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(265) </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(20,961) </td> <td valign="bottom" style="width:00.34%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #CCEEFF;padding:0pt;"> Present Value of Minimum Lease Payments </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>107,170 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>127,804 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,987 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,630 </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>142,421 </td> <td valign="bottom" style="width:00.34%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;padding:0pt;"> Plus: Tennant Improvements </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,778 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,778 </td> <td valign="bottom" style="width:00.34%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;background-color: #CCEEFF;padding:0pt;"> Less: Short-term Obligations </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(11,460) </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(30,880) </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,105) </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.96%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,507) </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.02%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(34,492) </td> <td valign="bottom" style="width:00.34%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:39.94%;padding:0pt;"> Long-term Lease Obligations </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>95,710 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>96,924 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,660 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,123 </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>112,707 </td> <td valign="bottom" style="width:00.34%;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div>

105037000

95710000

93293000

139107000

52949000

17572000

12489000

25177000

15460000

31937000

49000

3160000

8258000

4256000

89697000

3911000

194328000

104815000

6698000

13018000

18517000

119000

4475000

4476000

13104000

4290000

11948000

2692000

0.060

0.061

P6Y

P8Y7M6D

Predecessor

Successor

6890000

10890000

17110000

4000000

48000000

41110000

37110000

P12Y

<div> <div> The Company operates its fiscal year on a calendar year basis. <div /></div> </div>

<div> <div> Loyalty Program—The Company records a liability for points earned by passengers under its Sun Country Rewards program using two methods: (1) a liability for points that are earned by passengers on purchases of the Company’s services is established by deferring revenue based on the redemption value net of breakage; and (2) a liability for points attributed to loyalty points issued to the Company’s Visa card holders is established by deferring a portion of payments received from the Company’s co-branded agreement. The Company’s Sun Country Rewards program allows for the redemption of points to include payment towards air travel, land travel, taxes, and other ancillary purchases. The Company estimates breakage for loyalty points that are not likely to be redeemed. These estimates are based on historical experience of loyalty point redemption activity and consider other facts, such as program changes and modifications that could affect the ultimate usage pattern of loyalty points. <div /></div> </div>

45790000

119553000

165666000

55561000

83392000

24274000

21000

24253000

811000

-1249000

-72000

-413000

8729000

222223000

<div> <div> 8. GOODWILL AND OTHER INTANGIBLE ASSETS Components of Goodwill and Other Intangible Assets were as follows: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:54.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:43.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2020 </td> <td valign="bottom" style="width:00.52%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.32%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Gross Carrying  Amount </td> <td valign="bottom" style="width:02.06%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.28%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Accumulated  Amortization </td> <td valign="bottom" style="width:02.06%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.32%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Net Carrying  Value </td> <td valign="bottom" style="width:00.52%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;background-color: #CCEEFF;padding:0pt;"> Goodwill </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.88%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>222,223 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.98%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.02%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>222,223 </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;padding:0pt;"> Intangible Assets with Finite Lives: </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;padding:0pt;">   </td> <td valign="bottom" style="width:00.52%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;background-color: #CCEEFF;padding:0pt;"> Customer Relationships </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>48,000 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(10,890) </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,110 </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;padding:0pt;"> Intangible Assets with Indefinite Lives: </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;padding:0pt;">   </td> <td valign="bottom" style="width:00.52%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;background-color: #CCEEFF;padding:0pt;"> Tradename </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56,000 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56,000 </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;padding:0pt;"> Total Other Intangible Assets </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>104,000 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(10,890) </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>93,110 </td> <td valign="bottom" style="width:00.52%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;background-color: #CCEEFF;padding:0pt;"> Total Goodwill and Other Intangible Assets </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.88%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>326,223 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(10,890) </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>315,333 </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:54.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="8" valign="bottom" style="width:42.88%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:00.50%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.32%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Gross Carrying  Amount </td> <td valign="bottom" style="width:02.02%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.28%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Accumulated  Amortization </td> <td valign="bottom" style="width:01.94%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.32%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Net Carrying  Value </td> <td valign="bottom" style="width:00.50%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;background-color: #CCEEFF;padding:0pt;"> Goodwill </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.88%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>222,223 </td> <td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.98%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.02%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>222,223 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;padding:0pt;"> Intangible Assets with Finite Lives: </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;background-color: #CCEEFF;padding:0pt;"> Customer Relationships </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>48,000 </td> <td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(6,890) </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>41,110 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;padding:0pt;"> Intangible Assets with Indefinite Lives: </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;background-color: #CCEEFF;padding:0pt;"> Tradename </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56,000 </td> <td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56,000 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;padding:0pt;"> Total Other Intangible Assets </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>104,000 </td> <td valign="bottom" style="width:02.02%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(6,890) </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>97,110 </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;background-color: #CCEEFF;padding:0pt;"> Total Goodwill and Other Intangible Assets </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.88%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>326,223 </td> <td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(6,890) </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.02%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>319,333 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   All Goodwill is related to the Passenger Operating segment. Finite-Lived Intangible Assets are amortized over an estimated useful life based on several factors, including the effects of demand, competition, contractual relationship and other business factors. The Company concluded that the Customer Relationships Finite-Lived Intangible Assets has an estimated life of 12 years and is being amortized over this period on a straight-line basis. SCA recognized $4,000 of amortization expense on intangible assets with finite-lives during each of the years ended December 31, 2020 and 2019. For the period April 11, 2018 to December 31, 2018, SCA recognized $2,890 of amortization expense. Amortization is classified in Depreciation and Amortization on the Consolidated Statements of Operations. As of December 31, 2020, estimated annual amortization expense for each of the next five fiscal years is $4,000 and $17,110 thereafter. <div /></div> </div>

<div> <div> Goodwill and Other Intangible Assets—Goodwill represents the excess purchase price over the estimated fair value of net assets acquired in a business combination. Indefinite-Lived Intangible Assets represents a tradename acquired in a business combination. Goodwill and Other Indefinite-Lived Intangible Assets must be tested for impairment at least annually, or more frequently if events or changes in circumstances indicate that they might be impaired. Goodwill is tested at the reporting unit level. SCA has two reporting units: Passenger Services and Cargo Services. Cargo Services was identified as a separate reporting unit in the fourth quarter of 2020, when all 12 cargo aircraft were in service and SCA’s Chief Operating Decision Maker began to regularly review financial information at the cargo operations level. The value of Goodwill and Other Indefinite-lived Intangible Assets is assessed under either a qualitative or quantitative approach. Under a qualitative approach, SCA considers various market factors, including certain key assumptions, such as the market value of other airlines, fuel prices, the overall economy, passenger yields and changes to the regulatory environment. SCA analyzes these factors to determine if events and circumstances have affected the fair value of Goodwill and Other Indefinite-lived Intangible Assets. If it is determined that it is more likely than not that the asset may be impaired, the Company uses a quantitative approach to determine the reporting unit or intangible asset’s fair value incorporating the key assumptions listed below. An impairment charge is recorded for the amount of carrying value that exceeds the determined fair value as of the testing date. When the Company evaluates Goodwill for impairment using a quantitative approach, the Company estimates the fair value of the consolidated reporting unit by considering both comparable public company multiples (a market approach) and projected discounted future cash flows (an income approach). When the Company performs a quantitative impairment assessment of indefinite-lived intangible assets, fair value is estimated based on (1) recent market transactions, where available, (2) the royalty method for the Sun Country tradename (which assumes hypothetical royalties generated from using SCA’s tradename) or (3) projected discounted future cash flows (an income approach). The Company performed its most recent annual Goodwill and Other Indefinite-Lived Intangible Assets impairment analysis as of October 1, 2020 and did not recognize any impairment losses for the years ended December 31, 2020 or 2019 or for the periods April 11, 2018 to December 31, 2018 and January 1, 2018 to April 10, 2018. See Note 3—Impact of the COVID‑19 Pandemic. <div /></div> </div>

60559000

32208000

34547000

2167000

25910000

-206000

-367000

60160000

46072000

9696000

-4682000

-3904000

17822000

197000

46283000

-3725000

<div> <div> 14. INCOME TAXES The Company’s effective tax rate for the years ended December 31, 2020 and 2019 were 16.6% and 23.5%, respectively, and for the period from April 11, 2018 to December 31, 2018 it was (77.9)%. The effective tax rate represents a blend of federal and state taxes and includes the impact of certain nondeductible items. The following table summarizes the significant components of the provision for income taxes from continuing operations: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:62.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:35.14%;border-bottom:1pt solid #000000 ;padding:0pt;"> Successor </td> <td valign="bottom" style="width:00.36%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.88%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:01.92%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.36%;border-top:1pt solid #000000 ;padding:0pt;"> For the period April 11, 2018 to </td> <td valign="bottom" style="width:00.36%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.36%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2018 </td> <td valign="bottom" style="width:00.36%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #CCEEFF;padding:0pt;"> Current: </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.36%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;padding:0pt;"> Federal </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.96%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.30%;padding:0pt;"> — </td> <td valign="bottom" style="width:00.36%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #CCEEFF;padding:0pt;"> State and Local </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10 </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>66 </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.36%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;padding:0pt;"> Total Current Tax Expense </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10 </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>66 </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:00.36%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.36%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;padding:0pt;"> Deferred: </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;padding:0pt;">   </td> <td valign="bottom" style="width:00.36%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #CCEEFF;padding:0pt;"> Federal </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(597) </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,509 </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>129 </td> <td valign="bottom" style="width:00.36%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;padding:0pt;"> State and Local </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(191) </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,513 </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>32 </td> <td valign="bottom" style="width:00.36%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #CCEEFF;padding:0pt;"> Total Deferred Tax Expense / (Benefit) </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(788) </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14,022 </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>161 </td> <td valign="bottom" style="width:00.36%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;padding:0pt;"> Total Income Tax Expense / (Benefit) </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(778) </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14,088 </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>161 </td> <td valign="bottom" style="width:00.36%;padding:0pt;">   </td> </tr> </table></div>   The income tax provision differs from that computed at the federal statutory corporate tax rate as follows: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:61.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:13.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:61.88%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:34.76%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Successor </td> <td valign="bottom" style="width:01.72%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:61.88%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="3" valign="bottom" style="width:18.64%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:02.76%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:13.36%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;"> For the period April 11, 2018 to </td> <td valign="bottom" style="width:01.72%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:61.88%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:07.94%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:02.76%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:07.94%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:02.76%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:13.36%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> December 31, 2018 </td> <td valign="bottom" style="width:01.72%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:61.88%;background-color: #CCEEFF;padding:0pt;"> Expected Provision at Federal Statutory </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.94%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.76%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.94%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.76%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.36%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:61.88%;padding:0pt;"> Tax Rate </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:07.94%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>21.0 </td> <td valign="bottom" style="width:02.76%;padding:0pt;"> %   </td> <td valign="bottom" style="width:07.94%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>21.0 </td> <td valign="bottom" style="width:02.76%;padding:0pt;"> %   </td> <td valign="bottom" style="width:13.36%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>21.0 </td> <td valign="bottom" style="width:01.72%;padding:0pt;"> % </td> </tr> <tr> <td valign="bottom" style="width:61.88%;background-color: #CCEEFF;padding:0pt;"> State Tax, net of Federal Impact </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.94%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3.1 </td> <td valign="bottom" style="width:02.76%;background-color: #CCEEFF;padding:0pt;"> %   </td> <td valign="bottom" style="width:07.94%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.1 </td> <td valign="bottom" style="width:02.76%;background-color: #CCEEFF;padding:0pt;"> %   </td> <td valign="bottom" style="width:13.36%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(12.0) </td> <td valign="bottom" style="width:01.72%;background-color: #CCEEFF;padding:0pt;"> % </td> </tr> <tr> <td valign="bottom" style="width:61.88%;padding:0pt;"> Employee Parking </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:07.94%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3.3) </td> <td valign="bottom" style="width:02.76%;padding:0pt;"> %   </td> <td valign="bottom" style="width:07.94%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.2 </td> <td valign="bottom" style="width:02.76%;padding:0pt;"> %   </td> <td valign="bottom" style="width:13.36%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(40.4) </td> <td valign="bottom" style="width:01.72%;padding:0pt;"> % </td> </tr> <tr> <td valign="bottom" style="width:61.88%;background-color: #CCEEFF;padding:0pt;"> Meals and Entertainment </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.94%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2.2) </td> <td valign="bottom" style="width:02.76%;background-color: #CCEEFF;padding:0pt;"> %   </td> <td valign="bottom" style="width:07.94%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.2 </td> <td valign="bottom" style="width:02.76%;background-color: #CCEEFF;padding:0pt;"> %   </td> <td valign="bottom" style="width:13.36%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(42.9) </td> <td valign="bottom" style="width:01.72%;background-color: #CCEEFF;padding:0pt;"> % </td> </tr> <tr> <td valign="bottom" style="width:61.88%;padding:0pt;"> Other Permanent Adjustments </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:07.94%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2.0) </td> <td valign="bottom" style="width:02.76%;padding:0pt;"> %   </td> <td valign="bottom" style="width:07.94%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.0 </td> <td valign="bottom" style="width:02.76%;padding:0pt;"> %   </td> <td valign="bottom" style="width:13.36%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3.6) </td> <td valign="bottom" style="width:01.72%;padding:0pt;"> % </td> </tr> <tr> <td valign="bottom" style="width:61.88%;background-color: #CCEEFF;padding:0pt;"> Effective Tax Rate </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.94%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>16.6 </td> <td valign="bottom" style="width:02.76%;background-color: #CCEEFF;padding:0pt;"> %   </td> <td valign="bottom" style="width:07.94%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23.5 </td> <td valign="bottom" style="width:02.76%;background-color: #CCEEFF;padding:0pt;"> %   </td> <td valign="bottom" style="width:13.36%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(77.9) </td> <td valign="bottom" style="width:01.72%;background-color: #CCEEFF;padding:0pt;"> % </td> </tr> </table></div>   14. INCOME TAXES (continued) The following table summarizes the significant components of the Company’s deferred taxes: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:73.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.56%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, </td> <td valign="bottom" style="width:00.46%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.46%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.86%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.24%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:00.46%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Deferred Tax Assets: </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.46%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.24%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;"> Net Operating Loss </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.30%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>75,389 </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.08%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>24,680 </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Operating Lease Obligations </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>32,942 </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>38,629 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;"> Finance Lease Obligations </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>20,095 </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,392 </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Goodwill and Other Intangible Assets </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,586 </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,325 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;"> Loyalty Program Liabilities </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,911 </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,064 </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Accrued Maintenance </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,434 </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,481 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;"> Other </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,318 </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,769 </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Total Deferred Tax Assets </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>154,675 </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>139,340 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Deferred Tax Liabilities: </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;"> Accelerated Depreciation </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(67,105) </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(24,858) </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Operating Lease Right-of-use Assets </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(27,892) </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(33,844) </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;"> Finance Lease Assets </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(23,462) </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(44,696) </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Unrealized Gain on Fuel Derivatives </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(514) </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;"> Total Deferred Tax Liabilities </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(118,459) </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(103,912) </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Total Net Deferred Tax Assets </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.30%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>36,216 </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>35,428 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   As of December 31, 2020, the Company has $73,116 of federal net operating loss and $2,273 of state net operating loss, net of tax effect, available that may be applied against future tax liabilities. There is no expiration of federal net operating losses. The state net operating losses begin to expire in 2025. In assessing the realizability of Deferred Tax Assets, management considers whether it is more likely than not that some portion or all the Deferred Tax Assets will not be realized. The ultimate realization of the Deferred Tax Assets is dependent upon the generation of future taxable income during periods in which the temporary differences become deductible. Management considers the scheduled reversal of the liabilities (including the impact of available carryback and carryforward periods), projected future taxable income, and tax-planning strategies in making this assessment. As of December 31, 2020, management believes that it is more likely than not that the future results of the operations will generate sufficient taxable income to realize the tax benefits related to its Deferred Tax Assets. The Company recognizes the consolidated financial statement effect of a tax position when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. If applicable, the Company reports both accrued interest and penalties related to unrecognized tax benefits as a component of Income Tax Expense in the Consolidated Statements of Operations. As of December 31, 2020 and 2019, the Company had no liability for unrecognized tax benefits recorded in its Consolidated Balance Sheets. The Company files income tax returns in the United States and various states. In the normal course of business, the Company is subject to potential income tax examination by the federal and state tax authorities in these jurisdictions for tax years that are open under local statute. For U.S. federal and state income tax purposes, the Company’s 2018 and 2019 tax returns remain open to examination. <div /></div> </div>

11000

385000

-55000

47000

-7000

6036000

161000

14088000

2445000

-778000

5406000

<div> <div> Income Taxes—Deferred income taxes are recognized for the tax consequences in future years of differences between the tax basis of assets and liabilities and their financial reporting amounts at each year end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established when necessary to reduce Deferred Tax Assets to the amount expected to be realized. All Deferred Tax Assets and Liabilities, along with any related valuation allowance, are classified as noncurrent on the Consolidated Balance Sheets. Interest and penalties on uncertain tax positions, to the extent they exist, are included in the Company’s provision for income taxes. The provision for income taxes represents the current tax expense for the period and the change during the period in Deferred Tax Assets and Liabilities. <div /></div> </div>

21690000

-9710000

9037000

7107000

-7174000

626000

-8148000

-20732000

11353000

-5322000

6282000

-2358000

1287000

-1868000

3359000

-10539000

-7845000

4519000

293000

-156000

869000

367000

614000

173000

718000

566000

2313000

5447000

-233000

-3585000

-3581000

1737000

3015000

3635000

1820000

5519000

6171000

-2278000

403000

-15000

3676000

40005885

56000000

104000000

97110000

93110000

92110000

319333000

315333000

339000

6060000

17170000

5616000

22073000

7121000

402000

4364000

16424000

3278000

20304000

2728000

5273000

5407000

5457000

<div> <div> Inventory—Parts related to flight equipment, which cannot be economically repaired, reconditioned or reused after removal from the aircraft, are carried at average cost and charged to operations as consumed. An allowance for obsolescence is provided over the remaining useful life of the related fleet for spare parts expected to be on hand at the date that aircraft type is retired from service. SCA also provides an allowance for parts identified as excess to reduce the carrying costs to the lower of cost or net realizable value. These parts are assumed to have an estimated residual value of 10% of the original cost. Depreciation Expense was $481 and $426 for the years ended December 31, 2020 and 2019, respectively and $308 and $92 for the period April 11, 2018 through December 31, 2018 and the period January 1, 2018 through April 10, 2018, respectively. 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) <div /></div> </div>

550000

996000

1089000

96000

258000

937000

251000

377000

15000

<div> <div> Investments—Investments consist of certificates of deposit and are recorded at cost, plus accrued interest. The certificates of deposit serve as collateral for letters of credit required by various airports and other vendors. All of the certificates have original maturities greater than 90 days. <div /></div> </div>

284185000

282569000

36964000

90263000

140739000

38091000

141641000

44075000

10481000

25977000

44400000

11114000

31256000

8785000

30829000

50594000

80513000

57517000

<div> <div> The following table presents lease costs related to the Company’s Finance and Operating Leases: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:22.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:00.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.76%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:31.42%;border-bottom:1pt solid #000000 ;padding:0pt;"> Successor </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.48%;border-bottom:1pt solid #000000 ;padding:0pt;"> Predecessor </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.76%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:18.42%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended  December 31, </td> <td valign="bottom" style="width:01.68%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.32%;border-top:1pt solid #000000 ;padding:0pt;"> For the Period  April 11, 2018 to December 31,  </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.48%;border-top:1pt solid #000000 ;padding:0pt;"> For the Period  January 1, 2018 to  </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.76%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:27.72%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Classification </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:07.68%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.68%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.68%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.32%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2018 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">    </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">    </td> <td colspan="2" valign="bottom" style="width:12.48%;border-bottom:1pt solid #000000 ;padding:0pt;"> April 10, 2018 </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #CCEEFF;padding:0pt;"> Finance lease cost </td> <td valign="bottom" style="width:01.76%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:11.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.48%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;padding:0pt;"> Amortization of leased assets </td> <td valign="bottom" style="width:01.76%;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;padding:0pt;"> Depreciation and Amortization </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.48%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,948 </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>13,104 </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.22%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,475 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.34%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>119 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #CCEEFF;padding:0pt;"> Interest on lease liabilities </td> <td valign="bottom" style="width:01.76%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;background-color: #CCEEFF;padding:0pt;"> Interest Expense </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,659 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;background-color: #CCEEFF;padding:0pt;">  10,741 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,754 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>293 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;padding:0pt;"> Operating lease cost </td> <td valign="bottom" style="width:01.76%;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;padding:0pt;">   </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;padding:0pt;">   </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #CCEEFF;padding:0pt;"> Included in ROU asset—Aircraft </td> <td valign="bottom" style="width:01.76%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;background-color: #CCEEFF;padding:0pt;"> Aircraft Rent(1) </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30,717 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>40,043 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>33,315 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>16,177 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;padding:0pt;"> Included in ROU asset—Other </td> <td valign="bottom" style="width:01.76%;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;padding:0pt;"> Ground Handling, Landing Fees and Airport Rent & Other Operating </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,872 </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,415 </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,832 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,648 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #CCEEFF;padding:0pt;"> Short-term </td> <td valign="bottom" style="width:01.76%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;background-color: #CCEEFF;padding:0pt;"> Aircraft Rent </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,813 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,345 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,622 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,148 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;padding:0pt;"> Variable—Aircraft </td> <td valign="bottom" style="width:01.76%;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;padding:0pt;"> Aircraft Rent(1) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,541) </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,520 </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>894 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,004 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;background-color: #CCEEFF;padding:0pt;"> Variable—Other </td> <td valign="bottom" style="width:01.76%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;background-color: #CCEEFF;padding:0pt;"> Landing Fees & Airport Rentals </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,049 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,345 </td> <td valign="bottom" style="width:01.68%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.22%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>702 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.34%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>440 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:22.68%;padding:0pt;"> Total Lease cost </td> <td valign="bottom" style="width:01.76%;padding:0pt;">   </td> <td valign="bottom" style="width:27.72%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.20%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.48%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>57,517 </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>80,513 </td> <td valign="bottom" style="width:01.68%;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.22%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>50,594 </td> <td valign="top" style="width:00.96%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.96%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.34%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30,829 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (1) </td><td style="width:0pt;"></td><td align="left" valign="top"> The years ended December 31, 2020 and 2019, include credits of $14,110 and $20,386, respectively, for the amortization of Over-market Liabilities established at the Acquisition Date. For the 2018 Successor and Predecessor periods, the credits were $17,275 and none, respectively.</td></tr></table></div><div /></div> </div>

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145838000

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41969000

38076000

1675000

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9630000

1466000

25942000

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1466000

34717000

32592000

659000

1466000

36365000

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1962000

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18034000

265000

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P10Y

724152000

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<div> <div> 1. COMPANY BACKGROUND Sun Country Airlines Holdings, Inc. f/k/a SCA Acquisition Holdings, LLC (the “Successor”) was formed on December 8, 2017 by funds managed by affiliates of Apollo Global Management (“Apollo”) for the purpose of purchasing (the “Acquisition”) Sun Country, Inc. d/b/a Sun Country Airlines (the “Predecessor”). Sun Country, Inc. f/k/a MN Airlines, LLC is a privately-owned certified air carrier providing scheduled passenger service, air cargo service, charter air transportation and related services. Except as otherwise stated, the financial information, accounting policies, and activities of Sun Country Airlines are referred to as those of the Company (the “Company”, “SCA” or “Sun Country”). On April 11, 2018 (the “Acquisition Date”), SCA Acquisition Holdings, LLC acquired 100 percent of MN Airlines’ stockholder equity. The Acquisition was accounted for as a business combination using the purchase method of accounting, which requires, among other things, that assets acquired and liabilities assumed be recognized on the balance sheet at their fair value as of the Acquisition Date. Reorganization Transactions On January 31, 2020, all 40,005,885 outstanding Apollo Warrants were exercised to purchase common stock of SCA Acquisition Holdings, LLC. Also on January 31, 2020, SCA Acquisition Holdings, LLC was converted into a Delaware corporation pursuant to a statutory conversion and changed its name to Sun Country Airlines Holdings, Inc. In connection with the conversion to a corporation, all of the outstanding shares of SCA Acquisition Holdings, LLC common stock with a $0.01 par value were converted into shares of Sun Country Airlines Holdings, Inc. common stock. The outstanding warrants held by Amazon to purchase shares of SCA Acquisition Holdings, LLC common stock were converted into warrants to purchase shares of Sun Country Airlines Holdings, Inc. common stock and all of the outstanding options to purchase shares of SCA Acquisition Holdings, LLC common stock were converted into options to purchase shares of Sun Country Airlines Holdings, Inc. common stock. Amazon Agreement On December 13, 2019, the Company signed a six-year contract (with two,  two-year extension options, for a maximum term of 10 years) with Amazon.com Services, Inc. (together with its affiliates, “Amazon”) to provide air cargo services (“Amazon Agreement”). The option to renew the Amazon Agreement for two additional two-year terms is at Amazon’s sole discretion, subject to Amazon providing Sun Country with at least 180 days’ prior written notice before the expiration of the then-current term. Sun Country began flying for Amazon in the second quarter of 2020. On June 27, 2020, Amazon and the Company signed an amendment to the December 13, 2019 agreement that added two aircraft. As of December 31, 2020, Sun Country operates 12 Boeing 737‑800 cargo aircraft for Amazon. Amazon supplies the aircraft and reimburses the Company for certain operating expenses, including fuel and heavy maintenance. The aircraft fly under the Company’s air carrier operating certificate and the Company supplies the crew, non-heavy maintenance and insurance for the aircraft. Amazon pays a fixed monthly fee per aircraft as well as a set rate per flight cycle and block hour flown. 1. COMPANY BACKGROUND (continued) In December 2019, in connection with the Amazon Agreement, the Company issued warrants to Amazon to purchase an aggregate of up to 9,482,606 shares of common stock at an exercise price of approximately $15.17 per share, which represented approximately 15% of the Company’s common stock on that date. The exercise period of these warrants is through the eighth anniversary of the issue date. The Amazon warrants were valued at $7.38 per share. The fair value of the warrants was determined using a Monte Carlo simulation which involves inputs such as expected volatility, the risk-free rate of return and the probability of achieving varying outcomes under the Amazon Agreement. The fair value of warrants that are expected to vest in the future will be recorded as contra-revenue over the vesting term of the warrants on a pro-rata basis as the flights occur. For so long as Amazon holds these warrants or any shares of common stock issued upon exercise of the warrants and the Amazon Agreement remains in effect, Amazon will have the right to nominate a member or an observer to SCA’s board of directors. Of the 9,482,606 total Amazon warrants issued, 632,183 vested upon execution of the Amazon Agreement on December 13, 2019. Thereafter, an additional 63,217 warrants will vest for each milestone of $8 million in payments made by Amazon to the Company, excluding reimbursable and direct pass-through expenses. During the year ended December 31, 2020, 252,869 warrants vested. <div /></div> </div>

<div> <div> 1. COMPANY BACKGROUND<a name="a1COMPANYBACKGROUND_465982"></a> Sun Country Airlines Holdings, Inc. is the parent company of Sun Country, Inc., which is a certificated air carrier providing scheduled passenger service, cargo customers, charter air transportation and related services. Services are provided to the general public, Amazon, military branches, wholesale tour operators, individual entities, schools and companies for air transportation to various U.S. and international destinations. Except as otherwise stated, the financial information, accounting policies, and activities of Sun Country Airlines Holdings, Inc. are referred to as those of the Company (the “Company” or “Sun Country”). Stock Split In March 2021, the Company effected an approximately 18.8886 for 1 stock split of its common stock (the “Stock Split”), with exercise prices for outstanding warrants and options adjusted accordingly by dividing such prices by the Stock Split ratio. The par value of the common stock was not adjusted as a result of the Stock Split. As a result of the Stock Split, the Company issued an additional 44,226,587 shares of common stock. All references to common stock, warrants to purchase common stock, stock options, per share amounts and related information contained in the accompanying Condensed Consolidated Financial Statements and applicable disclosures have been retroactively adjusted to reflect the effect of the Stock Split for all periods. Initial Public Offering of Common Stock and Concurrent Private Placements On March 16, 2021, the Company priced its initial public offering of 9,090,909 shares of common stock to the public at $24.00 per share. The stock began trading on the NASDAQ on March 17, 2021 under the symbol SNCY. The underwriters had an option to purchase an additional 1,363,636 shares from the Company at the public offering price, which they exercised. In total, all 10,454,545 shares were issued on March 19, 2021 and the net proceeds to the Company were $224,657 after deducting underwriting discounts and commissions, and other offering expenses. Concurrently with the closing of the initial public offering, SCA Horus Holdings, LLC, an affiliate of investment funds managed by affiliates of Apollo Global Management (the “Apollo Stockholder”), also completed a concurrent private placement in which the Apollo Stockholder sold 2,216,312 and 2,216,308 shares of common stock to PAR Investment Partners, L.P. and certain funds or accounts managed by an investment adviser subsidiary of Blackrock, Inc., respectively. Each of the two sales was based on an aggregate purchase price of $50,000 and a price per share equal to 94% of the initial public offering price of $24.00 per share. Amazon Agreement On December 13, 2019, the Company signed a six-year contract (with two,  two-year extension options, for a maximum term of 10 years) with Amazon.com Services, Inc. (together with its affiliates, “Amazon”) to provide cargo services under an Air Transportation Services Agreement (the “ATSA”). The agreement is structured for the Company to provide crew, maintenance, and insurance (“CMI”) services to Amazon. Sun Country began flying for Amazon in May 2020.  On June 27, 2020, Amazon and the Company signed an amendment to the December 2019 agreement that increased the aircraft Sun Country operates from 10 to 12. 1. COMPANY BACKGROUND (continued) In December 2019, in connection with the ATSA, the Company issued warrants to Amazon to purchase an aggregate of up to 9,482,606 shares of common stock at an exercise price of approximately $15.17 per share. The exercise period of these warrants is through the eighth anniversary of the issue date. Of the 9,482,606 total Amazon warrants issued, 632,183 vested upon execution of the ATSA in December 2019.  Thereafter, an additional 63,217 warrants will vest for each milestone of $8,000 in qualifying payments made by Amazon to the Company.  During the three months ended March 31, 2021, 189,652 warrants vested and the cumulative warrants vested as of March 31, 2021 were 1,074,704.  No warrants vested during the three months ended March 31, 2020. <div /></div> </div>

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12416000

<div> <div> Recently Adopted Accounting Standards Revenue from Contracts with Customers—In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014‑09, Revenue from Contracts with Customers (“New Revenue Standard”) (Topic 606). This update is a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company adopted the standard using the modified retrospective method effective January 1, 2019. The adoption of the New Revenue Standard impacts the Company’s accounting for outstanding loyalty points earned through travel by SCA loyalty program members. There is no change in accounting for issuances of loyalty points to SCA’s co-branded card partner as those are currently reported in accordance with the New Revenue Standard. Through December 31, 2018, the Company used the incremental cost method to account for the portion of the loyalty program liabilities related to points earned through travel, which were valued based on the estimated incremental cost of carrying one additional passenger. The New Revenue Standard required the Company to change to the deferred revenue method and apply a relative standalone selling price approach whereby a portion of each passenger ticket sale attributable to loyalty points earned is deferred and recognized in passenger revenue upon future redemption. Upon adoption of the New Revenue Standard, the Company reclassified certain ancillary revenues from Other Revenue to Passenger Revenue. In addition, certain fees previously recognized when incurred by the customer are deferred and recognized as revenue when passenger travel is provided. 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) Upon adoption of the standard on January 1, 2019 the Company made an adjustment to reduce Retained Earnings by $3,477. Leases—In February 2016, the FASB issued ASU 2016‑02, Leases (Topic 842) (“ASC 842”). Under the new guidance, lessees are required to recognize the following for all leases (with the exception of short-term leases) at the commencement date: (1) A lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis; and (2) A right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. The Company elected to early adopt the standard effective January 1, 2019 using the modified retrospective adoption method. Upon adoption of the standard on January 1, 2019 the Company recorded an Operating Lease Right-of-use (“ROU”) Asset of $178,577 (net of balance sheet reclassifications) and Operating Lease Liabilities of $204,790 on the Consolidated Balance Sheet. This ROU Asset was net of $27,004 reclassified from Over-market Liabilities and $791 reclassified from Prepaid Rent. Capitalized Software Costs—In August 2018, the FASB issued ASU 2018‑15, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350‑40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract. The update addresses when costs should be capitalized rather than expensed, the term to use when amortizing capitalized costs, and how to evaluate the unamortized portion of these capitalized implementation costs for impairment. The ASU also includes guidance on how to present implementation costs in the financial statements and creates additional disclosure requirements. ASU 2018‑15 is effective for annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company early adopted the requirements of ASU 2018‑15 on January 1, 2019 using the prospective transition method. The adoption resulted in the capitalization of certain costs incurred in SCA’s hosting arrangement of $2,167 in 2019. Non-employee Share-based Payment Accounting—In June 2018, the FASB issued ASU 2018‑07 Improvements to Non-employee Share-based Payment Accounting. ASU 2018‑07 expands the scope of ASC 718, Compensation—Stock Compensation, to share-based payments granted to non-employees for goods and services. Additionally, in November 2019, the FASB issued ASU 2019‑08, Compensation—Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606), which requires entities to measure and classify share based payments to a customer, in accordance with the guidance in ASC 718. The Company has elected to early adopt these ASU’s effective January 1, 2019. Warrants granted in 2019 under the Amazon Agreement are accounted for under the updated standards. The adoption of ASU 2018‑07 did not have a material impact on the Company’s Consolidated Financial Statements. Changes to the Disclosure Requirements for Fair Value Measurement—In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2018‑13, Fair Value Measurement (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement. The update eliminates, adds, and modifies certain disclosure requirements for fair value measurements. The Company adopted the requirements of ASU 2018‑13 prospectively on January 1, 2020. The adoption of ASU 2018‑13 did not have a material impact on the Company’s Consolidated Financial Statements. Financial Instruments—Credit Losses—In June 2016, the FASB issued ASU 2016‑13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The update requires the use of an expected loss model on certain types of financial instruments and requires consideration of a broader range of reasonable and supportable information to calculate credit loss estimates. For trade receivables, loans and held-to-maturity debt securities, entities are required to estimate lifetime expected credit losses. This accounting standard was adopted prospectively on April 1, 2020, and it did not have a material impact on the Company’s Consolidated Financial Statements. Simplifying the Test for Goodwill Impairment—In January 2017, the FASB issued ASU 2017‑04, Simplifying the Test for Goodwill Impairment. The new standard eliminates Step 2 from the goodwill impairment test. An entity should recognize a goodwill impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value. The standard was adopted and applied prospectively by the Company on April 1, 2020, and it did not have an impact on the Company’s Consolidated Financial Statements. 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) Recently Issued Accounting Standards Income Taxes-Simplifying the Accounting for Income Taxes—In December 2019, the FASB issued ASU 2019‑12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, which removes certain exceptions related to the approach for intraperiod tax allocation, recognizing deferred tax liabilities for outside basis differences, and calculating income taxes in interim periods. The guidance also reduces complexity in certain areas, including franchise taxes that are partially based on income and accounting for tax law changes in interim periods. The standard was adopted prospectively effective January 1, 2021 and is not expected to have a material impact on the Company’s Consolidated Financial Statements. <div /></div> </div>

<div> <div> Recently Adopted Accounting Standards Income Taxes-Simplifying the Accounting for Income Taxes—In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, which removes certain exceptions related to the approach for intraperiod tax allocation, recognizing deferred tax liabilities for outside basis differences, and calculating income taxes in interim periods. The guidance also reduces complexity in certain areas, including franchise taxes that are partially based on income and accounting for tax law changes in interim periods. The standard was adopted prospectively effective January 1, 2021 and it did not have a material impact on the Company’s Condensed Consolidated Financial Statements. Simplifying the Test for Goodwill Impairment—In January 2017, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2017‑04, Simplifying the Test for Goodwill Impairment. The new standard eliminates Step 2 from the goodwill impairment test. An entity should recognize a goodwill impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value. The standard was adopted and applied prospectively by the Company on April 1, 2020, and it did not have an impact on the Company’s Condensed Consolidated Financial Statements. Financial Instruments—Credit Losses - In June 2016, the FASB issued ASU 2016‑13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The update requires the use of an expected loss model on certain types of financial instruments and requires consideration of a broader range of reasonable and supportable information to calculate credit loss estimates. For trade receivables, loans and held-to-maturity debt securities, entities are required to estimate lifetime expected credit losses. This accounting standard was adopted prospectively on April 1, 2020, and it did not have a material impact on the Company’s Condensed Consolidated Financial Statements. <div /></div> </div>

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<div> <div> 7. PROPERTY & EQUIPMENT During the year ended December 31, 2020, the Company purchased nine aircraft and a spare engine. See Note 10 for further information on leased aircraft. 7. PROPERTY & EQUIPMENT (continued) Aircraft Fleet The following tables summarize the Company’s aircraft fleet activity for the years ended December 31, 2020 and 2019, respectively: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:38.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:38.94%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:09.28%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Additions </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:09.74%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Removals </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> December 31, 2020 </td> <td valign="bottom" style="width:00.48%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:38.94%;background-color: #CCEEFF;padding:0pt;"> Passenger: </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.28%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.74%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.48%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:38.94%;padding:0pt;"> Owned </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:09.28%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:09.74%;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14 </td> <td valign="bottom" style="width:00.48%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:38.94%;background-color: #CCEEFF;padding:0pt;"> Finance leases </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.28%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.74%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(5) </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5 </td> <td valign="bottom" style="width:00.48%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:38.94%;padding:0pt;"> Operating leases </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:09.28%;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:09.74%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2) </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12 </td> <td valign="bottom" style="width:00.48%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:38.94%;background-color: #CCEEFF;padding:0pt;"> Seasonal leases </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.28%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.74%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2) </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.48%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:38.94%;padding:0pt;"> Sun Country Airlines’ Fleet </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:09.28%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:09.74%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(9) </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31 </td> <td valign="bottom" style="width:00.48%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:38.94%;background-color: #CCEEFF;padding:0pt;"> Cargo Aircraft Operated for Amazon </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.28%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.74%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12 </td> <td valign="bottom" style="width:00.48%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:38.94%;padding:0pt;"> Total Aircraft Operated </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:09.28%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>21 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:09.74%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(9) </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>43 </td> <td valign="bottom" style="width:00.48%;padding:0pt;">   </td> </tr> </table></div>   The nine passenger aircraft purchased during the year ended December 31, 2020 were financed through equipment trust certificates (see Note 9). Two of these aircraft were previously under operating leases, five were previously under finance leases, and the other two aircraft were new to the Company’s fleet. In addition to the nine purchases discussed above, the Company refinanced three previously owned aircraft in January 2020 utilizing equipment trust certificates (see Note 9). The 12 cargo aircraft added during 2020 relate to the Amazon Agreement (see Note 1). <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:38.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:38.94%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> December 31, 2018 </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:09.28%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Additions </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:09.74%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Removals </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:00.48%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:38.94%;background-color: #CCEEFF;padding:0pt;"> Owned </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.28%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.74%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5 </td> <td valign="bottom" style="width:00.48%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:38.94%;padding:0pt;"> Finance leases </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:09.28%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:09.74%;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10 </td> <td valign="bottom" style="width:00.48%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:38.94%;background-color: #CCEEFF;padding:0pt;"> Operating leases </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>19 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.28%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.74%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(5) </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14 </td> <td valign="bottom" style="width:00.48%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:38.94%;padding:0pt;"> Seasonal leases </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:09.28%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:09.74%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3) </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2 </td> <td valign="bottom" style="width:00.48%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:38.94%;background-color: #CCEEFF;padding:0pt;"> Sun Country Airlines’ Fleet </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>30 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.28%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.74%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(8) </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31 </td> <td valign="bottom" style="width:00.48%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   In December 2019, the Company purchased its first aircraft utilizing equipment trust certificates. The Company purchased one of its aircraft previously under an operating lease agreement in February 2019. In addition, the Company entered into a new finance lease for an aircraft in each of March, April, May and December 2019. Also, in December 2019, the Company amended an operating lease, which converted it to a finance lease. Lastly, one of the Company’s operating leases expired in August 2019 and two in December 2019. The Accumulated Depreciation on owned assets was $52,048 and $21,030 as of December 31, 2020 and 2019, respectively. Depreciation expense was $31,657 and $17,347 for the years ended December 31, 2020 and 2019, respectively, and was $6,731 and $2,315 for the period from April 11, 2018 through December 31, 2018 and the period January 1, 2018 through April 10, 2018, respectively. 7. PROPERTY & EQUIPMENT (continued) The Accumulated Amortization on Finance Lease Assets was $13,018 and $6,698 as of December 31, 2020 and 2019, respectively. Amortization Expense was $11,948 and $13,104 for the years ended December 31, 2020 and 2019, respectively, and was $4,476 and $119 for the period from April 11, 2018 through December 31, 2018 and the period January 1, 2018 through April 10, 2018, respectively. Depreciation expense on Owned Assets and amortization expense on Finance Lease Assets are classified in Depreciation and Amortization on the Consolidated Statements of Operations. <div /></div> </div>

<div> <div> 6.AIRCRAFT<a name="a6PROPERTYEQUIPMENT_571579"></a>-OWNED AND LEASED Aircraft Fleet The following tables summarize the Company’s aircraft fleet activity for the three months ended March 31, 2021 and 2020, respectively:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2020 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Additions </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Removals </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> March 31, 2021 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Passenger: </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Owned </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 14 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  5 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 19 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Finance leases </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  5 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  5 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Operating leases </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 12 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (5) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  7 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Sun Country Airlines' Fleet </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 31 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  5 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (5) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 31 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Cargo: </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Aircraft Operated for Amazon </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 12 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 12 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total Aircraft Operated </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 43 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  5 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (5) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 43 </td> </tr> </table></div>   The five aircraft purchased during the three months ended March 31, 2021 were financed through the Delayed Draw Term Loan Facility (see Note 7). All five of these were previously under operating leases. <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Additions </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Removals </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> March 31, 2020 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Passenger: </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Owned </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  5 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  3 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  8 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Finance leases </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 10 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 10 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Operating leases </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 14 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (1) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 13 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Seasonal leases </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  2 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (1) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  1 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Sun Country Airlines' Fleet </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 31 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  3 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (2) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 32 </td> </tr> </table></div>   The three aircraft purchased during the three months ended March 31, 2020 were financed through equipment trust certificates (see Note 7). One of these aircraft was previously under an operating lease and the other two aircraft were new to the Company’s fleet. In addition, the Company refinanced three previously owned and financed aircraft in January 2020 utilizing equipment trust certificates (see Note 7). The Accumulated Depreciation on owned assets was $57,950 and $52,048 as of March 31, 2021 and December 31, 2020, respectively. Depreciation expense was $8,800 and $5,121 for the three months ended March 31, 2021 and 2020, respectively. The Accumulated Amortization on Finance Lease Assets was $18,517 and $13,018 as of March 31, 2021 and December 31, 2020, respectively. Amortization Expense was $2,692 and $4,290 for the three months ended March 31, 2021 and 2020, respectively. 6.AIRCRAFT -OWNED AND LEASED (continued) Depreciation expense on owned assets and amortization expense on Finance Lease Assets are each classified in Depreciation and Amortization on the Condensed Consolidated Statements of Operations. Aircraft Lease Payment Deferrals During the year ended December 31, 2020 the Company negotiated rent payment deferrals with a majority of its aircraft lessors due to COVID‑19 cash flow impacts. The amount deferred as of March 31, 2021 was $975, consisting of $533 under finance leases and $442 under operating leases. The amount deferred as of December 31, 2020 was $7,569, consisting of $2,133 under finance leases and $5,436 under operating leases. These deferrals are classified within the current portion of the respective lease liabilities on the Condensed Consolidated Balance Sheets. Aircraft Maintenance Deposits Contra-Assets At April 11, 2018 (the “Acquisition Date”), the Company established a deposit contra-asset to represent the Company’s obligation to perform planned maintenance events on leased aircraft held as of the Acquisition Date. As of March 31, 2021 and December 31, 2020, the remaining balance of the contra-asset was $26,512 and $36,729, respectively. Of the $10,217 reduction in the contra-asset during the three months ended March 31, 2021, $9,880 related to the purchase of five aircrafts previously leased, whereupon the contra-assets and related maintenance deposits were written-off concurrently to Aircraft lease buy-out expense in Special Items, net (see Note 11). For the three months ended March 31, 2021 and 2020, the Company recognized none and $425, respectively, of the contra-asset as a reduction to Maintenance expense on the accompanying Condensed Consolidated Statements of Operations. Over-market Liabilities At the Acquisition Date, the Company acquired liabilities related to its over-market lease rates and over-market maintenance reserve payments. As of the Acquisition Date, the Company recognized a liability representing lease terms which are unfavorable compared with market terms of similar leases. The remaining balance of this contra-asset as of March 31, 2021 and December 31, 2020 was $12,891 and $16,501, respectively and is recorded within Operating Lease Right-of-Use Assets. The purchase of five aircraft in March 2021 contributed $2,858 of the decrease. As of the Acquisition Date, Sun Country’s existing leases included payments for maintenance reserves in addition to the stated aircraft lease payments. For a substantial portion of these maintenance reserve payments, the Company does not expect to be reimbursed by the lessor. Therefore, a liability was established representing over-market maintenance reserve lease terms compared to market terms of similar leases. The remaining balance of this liability at March 31, 2021 and December 31, 2020 was $21,600 and $37,409, respectively. Of the $15,809 reduction in the over-market maintenance reserve liabilities during the three months ended March 31, 2021, $13,805 related to the purchase of five aircrafts previously leased, whereupon the over-market liabilities for those aircraft are included in Aircraft lease buy-out expense in Special Items, net (see Note 11). Aircraft Rent expense for the three months ended March 31, 2021 and 2020, includes credits of $2,755 and $4,103, respectively, for the amortization of over-market liabilities established at the Acquisition Date  related to lease rates and maintenance reserves. <div /></div> </div>

372805000

201026000

8276000

142100000

8702000

12701000

479580000

117833000

8691000

331685000

7845000

13526000

533396000

117833000

8808000

384950000

7949000

13856000

<div> <div> Evaluation of Long-Lived Assets—Long-lived assets, such as Property & Equipment and finite-lived Intangible Assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If circumstances require a long-lived asset or asset group be tested for impairment, the Company first compares undiscounted cash flows expected to be generated by that asset or asset group to its carrying amount. If the carrying amount of the long-lived asset or asset group is not recoverable on an undiscounted cash flow basis, an impairment is recognized to the extent that the carrying amount exceeds its fair value. Fair value is determined using various valuation techniques including discounted cash flow models, quoted market values and third-party independent appraisals, as considered necessary. No impairment losses were recognized during the years ended December 31, 2020 or 2019 or for the periods April 11, 2018 to December 31, 2018 and January 1, 2018 to April 10, 2018. See Note 3—Impact of the COVID‑19 Pandemic. <div /></div> </div>

345077000

414515000

456929000

21030000

52048000

57950000

<div> <div> Airframe and Engine Maintenance—For leased aircraft, the Company applies the expense as incurred method for maintenance events, where routine maintenance, airframe, and engine overhauls are charged to expense as incurred, except certain costs covered by third-party maintenance agreements, which are charged to expense based on an hourly fee, as defined by the contract. The Company applies the Built-in Overhaul method for significant maintenance costs of owned airframe and engines. Under this method, the value of time remaining until the first scheduled major maintenance event (“greentime”) is capitalized and amortized until that first major maintenance event, assuming no residual value. In addition, the value in excess of the greentime is capitalized and amortized over the useful life. These expenses are reported as a component of Depreciation and Amortization on the accompanying Consolidated Statements of Operations. The estimated period until the next scheduled major maintenance event is estimated based on assumptions including estimated cycles, hours, and months, required maintenance intervals, and the age/ condition of related parts. Certain SCA aircraft lease agreements contain provisions that require SCA to return aircraft to the lessor in a certain maintenance condition. A liability associated with returning leased aircraft is accrued when incurrence of lease return costs becomes probable. The amount of these costs typically can be estimated near the end of the lease term, after the aircraft has completed its last maintenance cycle prior to being returned. 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) <div /></div> </div>

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2020 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Additions </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Removals </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> March 31, 2021 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Passenger: </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Owned </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 14 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  5 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 19 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Finance leases </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  5 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  5 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Operating leases </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 12 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (5) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  7 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Sun Country Airlines' Fleet </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 31 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  5 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (5) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 31 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Cargo: </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Aircraft Operated for Amazon </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 12 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 12 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total Aircraft Operated </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 43 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  5 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (5) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 43 </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Additions </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Removals </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> March 31, 2020 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Passenger: </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Owned </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  5 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  3 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  8 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Finance leases </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 10 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 10 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Operating leases </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 14 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (1) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 13 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Seasonal leases </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  2 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (1) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  1 </td> </tr> <tr> <td valign="bottom" style="width:44.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Sun Country Airlines' Fleet </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 31 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  3 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (2) </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 32 </td> </tr> </table></div>   <div /></div> </div>

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<div> <div> 21. QUARTERLY FINANCIAL DATA (UNAUDITED) Quarterly results of operations for the years ended December 31, 2020 and 2019 are summarized below: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:51.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.02%;border-bottom:1pt solid #000000 ;padding:0pt;"> First Quarter </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> Second Quarter </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> Third Quarter </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> Fourth Quarter </td> <td valign="bottom" style="width:00.42%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;padding:0pt;"> Operating Revenues </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>180,330 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>35,376 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>77,973 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>107,807 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> Operating Income / (Loss) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,230 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,234) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,817 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(4,428) </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;padding:0pt;"> Net Income / (Loss) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,251 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(6,040) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,927 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(8,042) </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> Earnings / (Loss) Per Share: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;padding:0pt;"> Basic </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.16 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.13) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.06 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.17) </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> Diluted </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.15 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.13) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.06 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.17) </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:51.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.02%;border-bottom:1pt solid #000000 ;padding:0pt;"> First Quarter </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> Second Quarter </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> Third Quarter </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> Fourth Quarter </td> <td valign="bottom" style="width:00.42%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;padding:0pt;"> Operating Revenues </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>196,669 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>169,373 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>171,478 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>163,864 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> Operating Income </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,502 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,541 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,475 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,604 </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;padding:0pt;"> Net Income </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>33,368 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,713 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,973 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,018 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> Earnings Per Share: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;padding:0pt;"> Basic </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.71 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.08 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.08 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.11 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> Diluted </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.71 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.08 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.08 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.10 </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   The sum of the quarterly net income (loss) per common stock share amounts does not equal the annual amount reported since per share amounts are computed independently for each quarter and for the full year based on respective weighted-average common shares outstanding and other dilutive potential common shares. <div /></div> </div>

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<div> <div> Revenue Recognition—Scheduled passenger service, charter service, and most ancillary revenues are recognized when the passenger flight occurs. Revenues exclude amounts collected on behalf of other parties including, transportation taxes. The Company initially defers ticket sales as an air traffic liability and recognizes revenue when the passenger flight occurs. Unused non-refundable tickets expire at the date of scheduled travel and are recorded as revenue unless the customer notifies the Company in advance of such date that the customer will not travel. If notification is made, a travel credit is created for the face value less applicable change fees. Travel credits can be redeemed toward future travel for up to 12 months after the date of the original booking. A portion of travel credits will expire unused. The Company records an estimate for travel credits that will expire unused in passenger revenue. These estimates are based on historical experience of travel credit activity and consider other facts, such as recent program changes and modifications that could affect the ultimate usage patterns of tickets and travel credits. Due to inherent uncertainly of the current operating environment as a result of COVID‑19, adjustments to these estimates could be material in the future. 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) Ancillary revenue for baggage fees, seat selection fees, and on-board sales is recognized when the associated flight occurs. Prior to adoption of the new revenue recognition model effective January 1, 2019, the Company recognized revenue for change fees as the transactions occurred. Under the new standard, revenue for change fees is deferred and recognized when the passenger travel is provided. Fees received in advance of the flight date are initially recorded as an air traffic liability. Charter revenue is recognized at the time of departure when transportation is provided. Cargo revenue is typically recognized based on hours flown, number of flights, and the amount of aircraft resources provided during a reporting period. Pursuant to ASC 606, Revenue from Contracts with Customers, the Amazon Agreement contains three performance obligations: Flight Services, Heavy Maintenance and Fuel. As Sun Country is the principal in providing Flight Services, revenue and related costs are recognized gross on the Statement of Operations. Sun Country acts as the agent in providing the Heavy Maintenance and Fuel performance obligations, which are reimbursed by Amazon based on the actual costs incurred. Consumption of aircraft fuel and heavy maintenance are recognized in revenue, net of the associated costs incurred to fulfill the performance obligations. The transaction price is allocated to the performance obligations based on their relative standalone selling price. The transaction price for flight services, which includes an upfront payment for startup costs, is reduced by the estimated value of warrants to be issued to Amazon based on expected performance under the Amazon Agreement. <div /></div> </div>

<div> <div> 5. REVENUE Sun Country is a certified air carrier generating Operating Revenues from Scheduled service, Charter service, Ancillary, Cargo and Other revenue. Scheduled service revenue mainly consists of base fares. Charter service revenue is primarily generated through service provided to the U.S. Department of Defense, collegiate and professional sports teams and casinos. Ancillary revenues consist of revenue earned from air travel-related services such as baggage fees, seat selection fees and on-board sales. Cargo consists of revenue earned from flying cargo aircraft under the Amazon Agreement. Other revenue consists primarily of revenue from services in connection with Sun Country Vacation products. The significant categories comprising Operating Revenues are as follows: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:47.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:36.18%;border-bottom:1pt solid #000000 ;padding:0pt;"> Successor </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;border-bottom:1pt solid #000000 ;padding:0pt;"> Predecessor </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:21.22%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.32%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> For the Period  April 11, 2018 to </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> For the Period  January 1, 2018 to </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.78%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.66%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.78%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.32%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2018 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">    </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">    </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> April 10, 2018 </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #CCEEFF;padding:0pt;"> Scheduled service </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.74%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>193,047 </td> <td valign="bottom" style="width:01.66%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.74%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>396,113 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.10%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>224,507 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.84%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>132,234 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;padding:0pt;"> Charter service </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>98,130 </td> <td valign="bottom" style="width:01.66%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>174,562 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>111,317 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>40,663 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #CCEEFF;padding:0pt;"> Ancillary(1) </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>68,055 </td> <td valign="bottom" style="width:01.66%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>118,158 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;padding:0pt;"> Passenger </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>359,232 </td> <td valign="bottom" style="width:01.66%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>688,833 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>335,824 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>172,897 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #CCEEFF;padding:0pt;"> Cargo </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>36,809 </td> <td valign="bottom" style="width:01.66%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;padding:0pt;"> Ancillary(1) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.66%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>41,065 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,670 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #CCEEFF;padding:0pt;"> Other </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,445 </td> <td valign="bottom" style="width:01.66%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,551 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,042 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,885 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;padding:0pt;"> Total Operating Revenue </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.74%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>401,486 </td> <td valign="bottom" style="width:01.66%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.74%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>701,384 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.10%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>384,931 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.84%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>197,452 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (1) </td><td style="width:0pt;"></td><td align="left" valign="top"> The classification of Ancillary changed as a result of the adoption of ASC 606.</td></tr></table></div> The Company attributes and measures its Operating Revenue by geographic region as defined by the DOT for airline reporting based upon the origin of each passenger and cargo flight segment. The Company’s operations are highly concentrated in the U.S. but include service to many international locations, primarily based on scheduled service to Latin America during the winter season and on military charter services. Total Operating Revenue by geographic region are as follows: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:47.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:36.18%;border-bottom:1pt solid #000000 ;padding:0pt;"> Successor </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;border-bottom:1pt solid #000000 ;padding:0pt;"> Predecessor </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:21.22%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:01.64%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.32%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> For the Period  April 11, 2018 to </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> For the Period  January 1, 2018 to </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.78%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.66%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.78%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.32%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2018 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">    </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #auto;padding:0pt;">    </td> <td colspan="2" valign="bottom" style="width:13.02%;border-bottom:1pt solid #000000 ;padding:0pt;"> April 10, 2018 </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #CCEEFF;padding:0pt;"> Domestic </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.74%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>382,463 </td> <td valign="bottom" style="width:01.66%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.74%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>666,332 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.10%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>368,456 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.84%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>173,995 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;padding:0pt;"> Latin America </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>18,515 </td> <td valign="bottom" style="width:01.66%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>33,716 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,628 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,003 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;background-color: #CCEEFF;padding:0pt;"> Other </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>508 </td> <td valign="bottom" style="width:01.66%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.74%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,336 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.10%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>847 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.84%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>454 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:47.00%;padding:0pt;"> Total Operating Revenue </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.74%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>401,486 </td> <td valign="bottom" style="width:01.66%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.74%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>701,384 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.22%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.10%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>384,931 </td> <td valign="top" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.18%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.84%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>197,452 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> </table></div>   Contract Balances The Company’s contract assets primarily relate to costs incurred to get the 12 Amazon cargo aircraft ready for service. The balances are included in Other Current Assets and Other Assets on the Consolidated Balance Sheets. The amount expensed during 2020 was $271 and is included in Maintenance expense. The Company’s significant contract liabilities are comprised of 1) ticket sales for transportation that has not yet been provided (reported as Air Traffic Liabilities on the Consolidated Balance Sheets), 2) outstanding loyalty points that may be redeemed for future travel and other non-air travel awards (reported as Loyalty Program Liabilities on the Consolidated Balance Sheets) and 3) Amazon start-up cost payments received (reported within Other Liabilities on the Consolidated Balance Sheets). 5. REVENUE (continued) Contract Assets and Liabilities are as follows: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:69.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.88%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.36%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:27.24%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, </td> <td valign="bottom" style="width:00.52%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.88%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.36%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.42%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:02.38%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.44%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:00.52%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.88%;background-color: #CCEEFF;padding:0pt;"> Contract Assets </td> <td valign="bottom" style="width:02.36%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.38%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.88%;padding:0pt;"> Costs to fulfill contract with Amazon </td> <td valign="bottom" style="width:02.36%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.14%;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,614 </td> <td valign="bottom" style="width:02.38%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.16%;border-bottom:2pt double #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:00.52%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.88%;background-color: #CCEEFF;padding:0pt;"> Air Traffic Liabilities </td> <td valign="bottom" style="width:02.36%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.14%;border-top:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>101,075 </td> <td valign="bottom" style="width:02.38%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.16%;border-top:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>116,660 </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.88%;height:10.35pt;padding:0pt;"> Loyalty Program Liabilities </td> <td valign="bottom" style="width:02.36%;height:10.35pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;height:10.35pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;height:10.35pt;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22,069 </td> <td valign="bottom" style="width:02.38%;height:10.35pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;height:10.35pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.16%;height:10.35pt;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22,892 </td> <td valign="bottom" style="width:00.52%;height:10.35pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.88%;background-color: #CCEEFF;padding:0pt;"> Amazon Deferred Start-up Costs Payments Received </td> <td valign="bottom" style="width:02.36%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,240 </td> <td valign="bottom" style="width:02.38%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.16%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,633 </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.88%;padding:0pt;"> Total Contract Liabilities </td> <td valign="bottom" style="width:02.36%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.14%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>128,384 </td> <td valign="bottom" style="width:02.38%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>141,185 </td> <td valign="bottom" style="width:00.52%;padding:0pt;">   </td> </tr> </table></div>   The balance in the Air Traffic Liabilities fluctuates with seasonal travel patterns. Most tickets can be purchased no more than twelve months in advance, therefore any revenue associated with tickets sold for future travel will be recognized within that timeframe. For the year ended December 31, 2020, $110,868 of revenue was recognized in Passenger Revenue that was included in the Air Traffic Liabilities as of December 31, 2019 and $4,502 in cash refunded to customers, mainly due to COVID‑19 related flight cancellations. Of the December 31, 2019 Air Traffic Liabilities remaining as of December 31, 2020, $1,045 relates to COVID‑19 extensions and $245 relates to gift certificates. As part of the Amazon Agreement executed in December 2019, Amazon paid the Company $10,300 toward start-up costs, of which $6,300 was received as of December 31, 2019 and the remainder was received in February 2020. Upon signing this agreement, Amazon received 632,183 fully vested warrants to purchase the Company’s common stock, with a fair value of $4,667. This fair value was assigned to a portion of the $10,300 cash received from Amazon and the remaining $5,633 is being amortized into Cargo revenue on a pro-rata basis over the initial six years of the Amazon Agreement. For the year ended December 31, 2020, $393 has been amortized into Cargo revenue. Loyalty Program The Sun Country Rewards program provides loyalty awards to program members based on accumulated loyalty points. Loyalty points are earned as a result of travel and purchases using the Company’s co-branded credit card. The balance of the Loyalty Program Liabilities fluctuates based on seasonal patterns, which impact the volume of loyalty points awarded through travel or issued to co-branded credit card and other partners (deferral of revenue) and loyalty points redeemed (recognition of revenue). Changes in the Loyalty Program Liabilities are as follows: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:69.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.90%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.36%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.42%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:02.38%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.42%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:00.52%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.90%;background-color: #CCEEFF;padding:0pt;"> Balance—December 31, 2018 </td> <td valign="bottom" style="width:02.36%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.38%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.14%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>23,950 </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.90%;padding:0pt;"> ASC 606 adoption adjustment (January 1, 2019) </td> <td valign="bottom" style="width:02.36%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.38%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,867 </td> <td valign="bottom" style="width:00.52%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.90%;background-color: #CCEEFF;padding:0pt;"> Balance—January 1 </td> <td valign="bottom" style="width:02.36%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.14%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22,892 </td> <td valign="bottom" style="width:02.38%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.14%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28,817 </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.90%;padding:0pt;"> Loyalty Points Earned </td> <td valign="bottom" style="width:02.36%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,015 </td> <td valign="bottom" style="width:02.38%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6,483 </td> <td valign="bottom" style="width:00.52%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.90%;background-color: #CCEEFF;padding:0pt;"> Loyalty Points Redeemed(1) </td> <td valign="bottom" style="width:02.36%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(4,838) </td> <td valign="bottom" style="width:02.38%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.14%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(12,408) </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.90%;padding:0pt;"> Balance—December 31 </td> <td valign="bottom" style="width:02.36%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.14%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22,069 </td> <td valign="bottom" style="width:02.38%;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.14%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>22,892 </td> <td valign="bottom" style="width:00.52%;padding:0pt;">   </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (1) </td><td style="width:0pt;"></td><td align="left" valign="top"> Principally relates to revenue recognized from the redemption of loyalty points for both air and non-air travel awards. Loyalty points are combined in one homogenous pool and are not separately identifiable. As such, the redemptions are comprised of points that were part of the Loyalty Program Liabilities balance at the beginning of the period, as well as loyalty points that were earned during the period.</td></tr></table></div> The timing of loyalty point redemptions can vary significantly, however most new points, that are not left to expire, are redeemed within two years. Given the inherent uncertainty of the current operating environment due to COVID‑19, the Company will continue to monitor redemption patterns and will adjust estimates in the future, which could be material. <div /></div> </div>

<div> <div> 4. REVENUE<a name="a4REVENUE_156013"></a> Sun Country is a certificated air carrier generating Operating Revenues from Scheduled service, Charter service, Ancillary, Cargo and Other revenue. Scheduled service revenue mainly consists of base fares. Charter service revenue is primarily generated through service provided to the U.S. Department of Defense, collegiate and professional sports teams and casinos. Ancillary revenues consist of revenue earned from air travel-related services such as baggage fees, seat selection fees and on-board sales. Cargo consists of revenue earned from flying cargo aircraft under the ATSA. Other revenue consists primarily of revenue from services in connection with Sun Country Vacation products. The significant categories comprising Operating Revenues are as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="5" valign="bottom" style="width:28.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended March 31,  </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2021 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Scheduled service </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 54,620 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 114,228 </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Charter service </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 25,805 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 29,227 </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Ancillary </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 23,770 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 35,031 </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Passenger </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 104,195 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 178,486 </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Cargo </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 21,585 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Other </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,831 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,844 </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total Operating Revenue </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 127,611 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 180,330 </td> </tr> </table></div>   The Company attributes and measures its Operating Revenue by geographic region as defined by the Department of Transportation for airline reporting based upon the origin of each passenger and cargo flight segment. The Company’s operations are highly concentrated in the U.S. but include service to many international locations, primarily based on scheduled service to Latin America during the winter season and on military charter services. Total Operating Revenue by geographic region are as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="5" valign="bottom" style="width:28.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended March 31,  </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2021 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Domestic </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 119,312 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 163,038 </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Latin America </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 7,877 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 17,076 </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Other </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 422 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 216 </td> </tr> <tr> <td valign="bottom" style="width:69.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total Operating Revenue </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 127,611 </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 180,330 </td> </tr> </table></div>   4. REVENUE (continued) Contract Balances The Company’s contract assets primarily relate to costs incurred to get the 12 Amazon cargo aircraft ready for service. The balances are included in Other Current Assets and Other Assets on the Condensed Consolidated Balance Sheets. The amount expensed during the three months ended March 31, 2021 was $138 and is included in Maintenance expense. There was nothing expensed in the three months ended March 31, 2020, since the Amazon cargo services had not started yet. The Company’s significant contract liabilities are comprised of 1) ticket sales for transportation that has not yet been provided (reported as Air Traffic Liabilities on the Condensed Consolidated Balance Sheets), 2) outstanding loyalty points that may be redeemed for future travel and other non-air travel awards (reported as Loyalty Program Liabilities on the Condensed Consolidated Balance Sheets) and 3) Amazon Deferred Up-front Payment received (reported within Other Liabilities on the Condensed Consolidated Balance Sheets). Contract Assets and Liabilities are as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:14.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> March 31, 2021 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:16.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2020 </td> </tr> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Contract Assets </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:12.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:14.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Costs to fulfill contract with Amazon </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,312 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:14.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 3,614 </td> </tr> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Air Traffic Liabilities </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 94,733 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:14.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 101,075 </td> </tr> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Loyalty Program Liabilities </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 20,774 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:14.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 22,068 </td> </tr> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Amazon Deferred Start-up Costs </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 5,010 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:14.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 5,240 </td> </tr> <tr> <td valign="bottom" style="width:65.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Total Contract Liabilities </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 120,517 </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:14.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 128,383 </td> </tr> </table></div>   The balance in the Air Traffic Liabilities fluctuates with seasonal travel patterns. Most tickets can be purchased no more than twelve months in advance, therefore any revenue associated with tickets sold for future travel will be recognized within that timeframe. For the period ended March 31, 2021, $60,039 of revenue was recognized in Passenger revenue that was included in the Air Traffic Liabilities as of December 31, 2020. As part of the ATSA executed in December 2019, Amazon paid the Company $10,300 toward start-up costs. Upon signing the ATSA, Amazon received 632,183 fully vested warrants to purchase the Company’s common stock, with a fair value of $4,667. This fair value was assigned to a portion of the $10,300 cash received from Amazon and the remaining $5,633 is being amortized into revenue on a pro-rata basis over the initial six years of the ATSA. For the three months ended March 31, 2021, $231 was amortized into Cargo revenue. Nothing was amortized for the three months ended March 31, 2020 as services did not begin until the second quarter of 2020. Loyalty Program The Sun Country Rewards program provides loyalty awards to program members based on accumulated loyalty points. Loyalty points are earned as a result of travel and purchases using the Company’s co- branded credit card. The balance of the Loyalty Program Liabilities fluctuates based on seasonal patterns, which impact the volume of loyalty points awarded through travel or issued to co-branded credit card and other partners (deferral of revenue) and loyalty points redeemed (recognition of revenue). 4. REVENUE (continued) Changes in the Loyalty Program Liabilities are as follows:   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:74.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:74.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2021 </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> </tr> <tr> <td valign="bottom" style="width:74.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Balance—January 1 </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 22,069 </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 22,892 </td> </tr> <tr> <td valign="bottom" style="width:74.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Loyalty Points Earned </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 857 </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,635 </td> </tr> <tr> <td valign="bottom" style="width:74.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Loyalty Points Redeemed(1) </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (2,152) </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (2,206) </td> </tr> <tr> <td valign="bottom" style="width:74.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Balance—March 31 </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 20,774 </td> <td valign="bottom" style="width:02.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 22,321 </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (1) </td><td style="width:0pt;"></td><td align="left" valign="top"> Principally relates to revenue recognized from the redemption of loyalty points for both air and non-air travel awards. Loyalty points are combined in one homogenous pool and are not separately identifiable. As such, the revenue is comprised of points that were part of the loyalty program deferred revenue balance at the beginning of the period, as well as points that were earned during the period.</td></tr></table></div> The timing of loyalty point redemptions can vary significantly, however most new points, that are not left to expire, are redeemed within two years.  Given the inherent uncertainty of the current operating environment due to COVID‑19, the Company will continue to monitor redemption patterns and will adjust estimates in the future, which could be material. <div /></div> </div>

5633000

P6Y

5470000

5000

151000

44000

5000

151000

44000

<div> <div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:62.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:35.14%;border-bottom:1pt solid #000000 ;padding:0pt;"> Successor </td> <td valign="bottom" style="width:00.36%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.88%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:01.92%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.36%;border-top:1pt solid #000000 ;padding:0pt;"> For the period April 11, 2018 to </td> <td valign="bottom" style="width:00.36%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.92%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.36%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2018 </td> <td valign="bottom" style="width:00.36%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #CCEEFF;padding:0pt;"> Current: </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.36%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;padding:0pt;"> Federal </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.96%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.30%;padding:0pt;"> — </td> <td valign="bottom" style="width:00.36%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #CCEEFF;padding:0pt;"> State and Local </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10 </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>66 </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.36%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;padding:0pt;"> Total Current Tax Expense </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10 </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>66 </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:00.36%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.36%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;padding:0pt;"> Deferred: </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;padding:0pt;">   </td> <td valign="bottom" style="width:00.36%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #CCEEFF;padding:0pt;"> Federal </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(597) </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,509 </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>129 </td> <td valign="bottom" style="width:00.36%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;padding:0pt;"> State and Local </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(191) </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,513 </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>32 </td> <td valign="bottom" style="width:00.36%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;background-color: #CCEEFF;padding:0pt;"> Total Deferred Tax Expense / (Benefit) </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(788) </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14,022 </td> <td valign="bottom" style="width:01.92%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>161 </td> <td valign="bottom" style="width:00.36%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:62.56%;padding:0pt;"> Total Income Tax Expense / (Benefit) </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.96%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(778) </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.92%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14,088 </td> <td valign="bottom" style="width:01.92%;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>161 </td> <td valign="bottom" style="width:00.36%;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div>

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 99.98%;"> <tr> <td valign="bottom" style="width:70.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.56%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.46%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31,  2020 </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.48%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31,  2019 </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;background-color: #CCEEFF;padding:0pt;"> Notes payable under the Company’s 2019-1 EETC agreement dated December 2019, with original loan amounts of $248,587 payable in bi-annual installments through December 2027. These notes bear interest at an annual rate of between 4.13% and 6.95% and are secured by the equipment for which the loan was used </td> <td valign="bottom" style="width:02.56%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.22%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>227,347 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.24%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>28,280 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;padding:0pt;"> U. S. Department of the Treasury CARES Act Loan (see terms and conditions above) </td> <td valign="bottom" style="width:02.56%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,419 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;background-color: #CCEEFF;padding:0pt;"> Notes payable to Wilmington Trust Company dated October and November 2018, with original loan amounts totaling $55,671 payable in monthly installments through November 2023. These notes bore interest at an annual rate of 8.45%. They were refinanced in January 2020 through 2019-1 EETC notes </td> <td valign="bottom" style="width:02.56%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,617 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;padding:0pt;"> Note payable to Wilmington Trust Company dated February 2019, with an original loan amount of $12,750 payable in monthly installments of $151 through January 2024, and then final lump sum payment of $2,825 in February 2024. This note bears interest at an annual rate of 8.45% and is secured by the equipment for which the loan was used </td> <td valign="bottom" style="width:02.56%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,813 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,237 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;background-color: #CCEEFF;padding:0pt;"> Note payable to Wilmington Trust Company dated November 2018, with an original loan amount of $3,671 payable in monthly installments of $44 through October 2023, and then final lump sum payment of $1,101 in November 2023. This note bears interest at an annual rate of 8.45% and is secured by the equipment for which the loan was used </td> <td valign="bottom" style="width:02.56%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,693 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,105 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;padding:0pt;"> Note payable to Alliance Bank dated February 2019, with an original loan amount of $600 payable in monthly installments of $5 through March 2029. This note bears interest at an annual rate of 5.0% </td> <td valign="bottom" style="width:02.56%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>519 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>569 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;background-color: #CCEEFF;padding:0pt;"> Notes payable to Riverland Bank dated between April 2015 and May 2016, with original loan amounts totaling $734 payable in monthly installments with expirations between April 2020 and April 2021. The notes bear interest at an annual rate of 5.15% and are secured by the equipment for which the loan was used </td> <td valign="bottom" style="width:02.56%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>97 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;padding:0pt;"> Total Debt </td> <td valign="bottom" style="width:02.56%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>285,801 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>89,905 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;background-color: #CCEEFF;padding:0pt;"> Less: Unamortized debt issuance costs </td> <td valign="bottom" style="width:02.56%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(3,338) </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,988) </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;padding:0pt;"> Less: Current Maturities of Long-term Debt </td> <td valign="bottom" style="width:02.56%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.22%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(26,118) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.24%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(13,197) </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:70.46%;background-color: #CCEEFF;padding:0pt;"> Total Long-term Debt </td> <td valign="bottom" style="width:02.56%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.22%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>256,345 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.24%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>73,720 </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div>

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> March 31, 2021 </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:15.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2020 </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Notes payable under the Company's 2019-1 EETC agreement dated December 2019, with original loan amounts of $248,587 payable in bi-annual installments through December 2027. These notes bear interest at an annual rate of between 4.13% and 6.95% and are secured by the equipment for which the loan was used. </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="top" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 227,347 </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="top" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 227,347 </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Delayed Draw Term Loan Facility (see terms and conditions above) </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 68,000 </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> U. S. Department of the Treasury CARES Act Loan (see terms and conditions above) </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 45,419 </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Notes payable to Wilmington Trust Company. Notes bear interest at an annual rate of 8.45% and mature Nov. 2023 to Feb. 2024. </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 11,880 </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 12,506 </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Other Notes payable. These notes bear interest at an annual rate of approximately 5.0% and mature March 2029. </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 505 </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 529 </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total Debt </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 307,732 </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 285,801 </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Less: Unamortized debt issuance costs </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (4,391) </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (3,338) </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Less: Current Maturities of Long-term Debt </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (29,232) </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (26,118) </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total Long-term Debt </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 274,109 </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:13.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 256,345 </td> </tr> </table></div>   <div /></div> </div>

<div> <div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:73.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:24.56%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, </td> <td valign="bottom" style="width:00.46%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.46%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.86%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.24%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:00.46%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Deferred Tax Assets: </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.46%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.24%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;"> Net Operating Loss </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.30%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>75,389 </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.08%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>24,680 </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Operating Lease Obligations </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>32,942 </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>38,629 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;"> Finance Lease Obligations </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>20,095 </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>45,392 </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Goodwill and Other Intangible Assets </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,586 </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,325 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;"> Loyalty Program Liabilities </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,911 </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,064 </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Accrued Maintenance </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,434 </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,481 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;"> Other </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4,318 </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,769 </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Total Deferred Tax Assets </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>154,675 </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>139,340 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Deferred Tax Liabilities: </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;"> Accelerated Depreciation </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(67,105) </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(24,858) </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Operating Lease Right-of-use Assets </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(27,892) </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(33,844) </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;"> Finance Lease Assets </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(23,462) </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(44,696) </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Unrealized Gain on Fuel Derivatives </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(514) </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;padding:0pt;"> Total Deferred Tax Liabilities </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(118,459) </td> <td valign="bottom" style="width:01.86%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(103,912) </td> <td valign="bottom" style="width:00.46%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:73.12%;background-color: #CCEEFF;padding:0pt;"> Total Net Deferred Tax Assets </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.30%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>36,216 </td> <td valign="bottom" style="width:01.86%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.08%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>35,428 </td> <td valign="bottom" style="width:00.46%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div>

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:54.38%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:43.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2020 </td> <td valign="bottom" style="width:00.52%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.32%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Gross Carrying  Amount </td> <td valign="bottom" style="width:02.06%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.28%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Accumulated  Amortization </td> <td valign="bottom" style="width:02.06%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.32%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Net Carrying  Value </td> <td valign="bottom" style="width:00.52%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;background-color: #CCEEFF;padding:0pt;"> Goodwill </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.88%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>222,223 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.98%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.02%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>222,223 </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;padding:0pt;"> Intangible Assets with Finite Lives: </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;padding:0pt;">   </td> <td valign="bottom" style="width:00.52%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;background-color: #CCEEFF;padding:0pt;"> Customer Relationships </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>48,000 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(10,890) </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,110 </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;padding:0pt;"> Intangible Assets with Indefinite Lives: </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;padding:0pt;">   </td> <td valign="bottom" style="width:00.52%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;background-color: #CCEEFF;padding:0pt;"> Tradename </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56,000 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56,000 </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;padding:0pt;"> Total Other Intangible Assets </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>104,000 </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(10,890) </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>93,110 </td> <td valign="bottom" style="width:00.52%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.38%;background-color: #CCEEFF;padding:0pt;"> Total Goodwill and Other Intangible Assets </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.88%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>326,223 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(10,890) </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>315,333 </td> <td valign="bottom" style="width:00.52%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:54.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="8" valign="bottom" style="width:42.88%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:00.50%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:14.32%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Gross Carrying  Amount </td> <td valign="bottom" style="width:02.02%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.28%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Accumulated  Amortization </td> <td valign="bottom" style="width:01.94%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:12.32%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Net Carrying  Value </td> <td valign="bottom" style="width:00.50%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;background-color: #CCEEFF;padding:0pt;"> Goodwill </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.88%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>222,223 </td> <td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.98%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.02%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:2.9pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>222,223 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;padding:0pt;"> Intangible Assets with Finite Lives: </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;background-color: #CCEEFF;padding:0pt;"> Customer Relationships </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>48,000 </td> <td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(6,890) </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>41,110 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;padding:0pt;"> Intangible Assets with Indefinite Lives: </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;background-color: #CCEEFF;padding:0pt;"> Tradename </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56,000 </td> <td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>56,000 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;padding:0pt;"> Total Other Intangible Assets </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.88%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>104,000 </td> <td valign="bottom" style="width:02.02%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:10.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(6,890) </td> <td valign="bottom" style="width:01.94%;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>97,110 </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:54.56%;background-color: #CCEEFF;padding:0pt;"> Total Goodwill and Other Intangible Assets </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.44%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.88%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>326,223 </td> <td valign="bottom" style="width:02.02%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(6,890) </td> <td valign="bottom" style="width:01.94%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.30%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.02%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>319,333 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div>

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:51.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.02%;border-bottom:1pt solid #000000 ;padding:0pt;"> First Quarter </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> Second Quarter </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> Third Quarter </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> Fourth Quarter </td> <td valign="bottom" style="width:00.42%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;padding:0pt;"> Operating Revenues </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>180,330 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>35,376 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>77,973 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>107,807 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> Operating Income / (Loss) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,230 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,234) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,817 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(4,428) </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;padding:0pt;"> Net Income / (Loss) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,251 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(6,040) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,927 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(8,042) </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> Earnings / (Loss) Per Share: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;padding:0pt;"> Basic </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.16 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.13) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.06 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.17) </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> Diluted </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.15 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.13) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.06 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(0.17) </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:51.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.02%;border-bottom:1pt solid #000000 ;padding:0pt;"> First Quarter </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> Second Quarter </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> Third Quarter </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> Fourth Quarter </td> <td valign="bottom" style="width:00.42%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.02%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;padding:0pt;"> Operating Revenues </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>196,669 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>169,373 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>171,478 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>163,864 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> Operating Income </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>46,502 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,541 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,475 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>11,604 </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;padding:0pt;"> Net Income </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>33,368 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,713 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,973 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,018 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> Earnings Per Share: </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;padding:0pt;"> Basic </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.71 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.08 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.08 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.11 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.52%;background-color: #CCEEFF;padding:0pt;"> Diluted </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.71 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.08 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.08 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.00%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>0.10 </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div>

<div> <div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;"> <tr> <td valign="bottom" style="width:88.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Assets: </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.34%;background-color: #CCEEFF;padding:0pt;">      </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Restricted Cash </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>8,308 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Investments </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,810 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Accounts Receivable </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>31,796 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Inventory </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5,295 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Prepaid Expenses </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,617 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Property and Equipment </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>38,511 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Goodwill </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>222,223 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Other Intangible Assets </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>104,000 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Aircraft Lease Deposits </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17,923 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Deferred Tax Asset </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>49,634 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Other Assets </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,071 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Total Assets </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-weight:bold;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>490,188 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;">   </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Liabilities: </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Accounts Payable </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>50,016 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Accrued Salaries, Wages, and Benefits </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9,006 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Accrued Transportation Taxes </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>12,237 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Air Traffic Liabilities </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>72,235 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Over-market Liabilities </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>108,017 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Finance Lease Obligations </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>10,038 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Loyalty Program Liabilities </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>37,165 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Long-term Debt </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>941 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Other Liabilities </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,758 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;background-color: #CCEEFF;padding:0pt;"> Total Liabilities </td> <td valign="bottom" style="width:02.32%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.18%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-weight:bold;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>302,413 </td> </tr> <tr> <td valign="bottom" style="width:88.34%;padding:0pt;"> Total Purchase Price </td> <td valign="bottom" style="width:02.32%;padding:0pt;">   </td> <td valign="bottom" style="width:01.16%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.18%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-weight:bold;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>187,775 </td> </tr> </table></div>   <div /></div> </div>

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.02%;"> <tr> <td valign="bottom" style="width:64.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:33.24%;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended December 31, 2020 </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.42%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Passenger </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Cargo </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.48%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Consolidated </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;background-color: #CCEEFF;padding:0pt;"> Operating Revenues </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.38%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>364,677 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>36,809 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.44%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>401,486 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;padding:0pt;"> Non-Fuel Operating Expenses </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>332,742 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>32,530 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.44%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>365,272 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;background-color: #CCEEFF;padding:0pt;"> Aircraft Fuel </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>83,392 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.44%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>83,392 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;padding:0pt;"> Special Items, net </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(53,842) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(10,721) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.44%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(64,563) </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;background-color: #CCEEFF;padding:0pt;"> Total Operating Expenses </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>362,292 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>21,809 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.44%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>384,101 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;padding:0pt;"> Operating Income </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.38%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,385 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,000 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.44%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17,385 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;background-color: #CCEEFF;padding:0pt;"> Interest Income </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.44%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>377 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;padding:0pt;"> Interest Expense </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.44%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(22,073) </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;background-color: #CCEEFF;padding:0pt;"> Other Non-operating Income (Expense), net </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.44%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(371) </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;padding:0pt;"> Income / (Loss) before Income Tax </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.44%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(4,682) </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div>

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:65.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:65.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="8" valign="bottom" style="width:32.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended March 31, 2021(1) </td> </tr> <tr> <td valign="bottom" style="width:65.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:09.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Passenger </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Cargo </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Consolidated </td> </tr> <tr> <td valign="bottom" style="width:65.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Operating Revenues </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 106,026 </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 21,585 </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 127,611 </td> </tr> <tr> <td valign="bottom" style="width:65.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Non-Fuel Operating Expenses </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 87,205 </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 18,070 </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 105,275 </td> </tr> <tr> <td valign="bottom" style="width:65.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Aircraft Fuel </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 24,253 </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 21 </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 24,274 </td> </tr> <tr> <td valign="bottom" style="width:65.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Special Items, net </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (18,206) </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (8,665) </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (26,871) </td> </tr> <tr> <td valign="bottom" style="width:65.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total Operating Expenses </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 93,252 </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 9,426 </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 102,678 </td> </tr> <tr> <td valign="bottom" style="width:65.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Operating Income </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 12,774 </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 12,159 </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 24,933 </td> </tr> <tr> <td valign="bottom" style="width:65.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Interest Income </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 15 </td> </tr> <tr> <td valign="bottom" style="width:65.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Interest Expense </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (7,121) </td> </tr> <tr> <td valign="bottom" style="width:65.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Other, net </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (5) </td> </tr> <tr> <td valign="bottom" style="width:65.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Income before Income Tax </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:02.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 17,822 </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (1) </td><td style="width:0pt;"></td><td align="left" valign="top"> As air cargo operations commenced in May 2020, there is no comparable prior period information.</td></tr></table></div><div /></div> </div>

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:49.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;background-color: #auto;padding:0pt;">   </td> <td colspan="9" valign="bottom" style="width:47.94%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Time-Based Stock Options </td> <td valign="bottom" style="width:00.42%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.96%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Number of shares </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Weighted average exercise price per share </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Weighted average grant date fair value </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Weighted average remaining contractual term (years) </td> <td valign="bottom" style="width:00.42%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;background-color: #CCEEFF;padding:0pt;"> Outstanding as of December 31, 2018 </td> <td valign="bottom" style="width:01.96%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,243,588 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.29 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.39 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9.8 </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;padding:0pt;"> Granted </td> <td valign="bottom" style="width:01.96%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>472,253 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.93 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3.14 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;background-color: #CCEEFF;padding:0pt;"> Forfeited </td> <td valign="bottom" style="width:01.96%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(434,533) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.29 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.39 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;padding:0pt;"> Outstanding as of December 31, 2019 </td> <td valign="bottom" style="width:01.96%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,281,308 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.84 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.54 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9.0 </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;background-color: #CCEEFF;padding:0pt;"> Granted </td> <td valign="bottom" style="width:01.96%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>221,941 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17.99 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.02 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;padding:0pt;"> Forfeited </td> <td valign="bottom" style="width:01.96%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(173,788) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14.65 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.70 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;background-color: #CCEEFF;padding:0pt;"> Outstanding as of December 31, 2020 </td> <td valign="bottom" style="width:01.96%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,329,461 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.36 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.74 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.6 </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;padding:0pt;"> Exercisable as of December 31, 2020 </td> <td valign="bottom" style="width:01.96%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,054,059 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.64 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.50 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:2pt double #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.68%;background-color: #CCEEFF;padding:0pt;"> Vested or expected to vest, December 31, 2020 </td> <td valign="bottom" style="width:01.96%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,329,461 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.36 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.98%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.74 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:09.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.42%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   11. STOCK-BASED COMPENSATION (continued) <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:49.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">   </td> <td colspan="9" valign="bottom" style="width:48.04%;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Performance-Based Stock Options </td> <td valign="bottom" style="width:00.50%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Number of shares </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Weighted average exercise price per share </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:11.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Weighted average grant date fair value </td> <td valign="bottom" style="width:01.98%;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:10.02%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #auto;padding:0pt;"> Weighted average remaining contractual term (years) </td> <td valign="bottom" style="width:00.50%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;background-color: #CCEEFF;padding:0pt;"> Outstanding as of December 31, 2018 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,583,923 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.29 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.50 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9.8 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;padding:0pt;"> Granted </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>746,836 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.96 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2.01 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-top:2pt double #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;background-color: #CCEEFF;padding:0pt;"> Forfeited </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(827,812) </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.29 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.50 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;padding:0pt;"> Outstanding as of December 31, 2019 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,502,947 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>5.86 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.61 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>9.0 </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;background-color: #CCEEFF;padding:0pt;"> Granted </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>346,984 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17.99 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>4.36 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-top:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;padding:0pt;"> Forfeited </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(272,679) </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>14.65 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3.59 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;background-color: #CCEEFF;padding:0pt;"> Outstanding as of December 31, 2020 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>3,577,252 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>6.38 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1.72 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7.6 </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;padding:0pt;"> Exercisable as of December 31, 2020 </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:2pt double #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;border-top:2pt double #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.48%;background-color: #CCEEFF;padding:0pt;"> Vested or expected to vest, December 31, 2020 </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:10.00%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.98%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:10.02%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:00.50%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div>

<div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:49.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:33.50%;border-bottom:1pt solid #000000 ;padding:0pt;"> Successor </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.06%;padding:0pt;"> Predecessor </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:18.54%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:01.64%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.32%;padding:0pt;"> For the Period April 11, 2018 to </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.06%;padding:0pt;"> For the Period January 1, 2018 to </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.24%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.24%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.32%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2018 </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #auto;padding:0pt;">    </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">    </td> <td colspan="2" valign="bottom" style="width:13.06%;border-bottom:1pt solid #000000 ;padding:0pt;"> April 10, 2018 </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;background-color: #CCEEFF;padding:0pt;"> CARES Act grant recognition(1) </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(62,312) </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;padding:0pt;"> CARES Act employee retention credit(2) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,328) </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;padding:0pt;"> — </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;background-color: #CCEEFF;padding:0pt;"> Contractual obligations for retired technology(3) </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,578 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;padding:0pt;"> Sale of airport slot rights(4) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,200) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;padding:0pt;"> — </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;background-color: #CCEEFF;padding:0pt;"> Sun Country Rewards program modifications(5) </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(8,463) </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;padding:0pt;"> Early-out payments and other outsourcing expenses(6) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,757 </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>271 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;background-color: #CCEEFF;padding:0pt;"> Other(7) </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>77 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>714 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;padding:0pt;"> Total Special Items, net </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(64,563) </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,092 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(6,706) </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>271 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (1) </td><td style="width:0pt;"></td><td align="left" valign="top"> Relates to the credit recognized under the CARES Act Payroll Support Program through December 31, 2020. Under the Payroll Support Program, the United States Department of the Treasury provided the Company with a Payroll Support grant, which was to be used exclusively for the continuation of payments for salaries, wages, and benefits. (see Note 3 for more information).</td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (2) </td><td style="width:0pt;"></td><td align="left" valign="top"> Relates to the credit recognized under the CARES Act Employee Retention credit which is a refundable tax credit against certain employment taxes (see Note 3 for more information).</td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (3) </td><td style="width:0pt;"></td><td align="left" valign="top"> This was a charge related to contractual obligations for retired technology. In connection with implementing SCA’s new reservations systems, the Company incurred obligations under the contracts for existing systems that were being phased out ahead of their scheduled contract terms.</td></tr></table></div> 16. SPECIAL ITEMS, NET (continued) <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (4) </td><td style="width:0pt;"></td><td align="left" valign="top"> Represents proceeds from the sale of unused airport slot rights. SCA does not hold any other remaining airport slot rights; therefore this gain does not reflect the Company’s continuing operations.</td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (5) </td><td style="width:0pt;"></td><td align="left" valign="top"> This reduction to expense is associated with changes to the terms of the Sun Country Rewards program. As of November 3, 2018, the Company modified policies within the program which accelerated loyalty point expiration, while making points more valuable for its members.</td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (6) </td><td style="width:0pt;"></td><td align="left" valign="top"> Related to early-out payments and other expenses incurred in connection with outsourcing certain operations personnel and other employee initiatives. These efforts were primarily related to airport station, flight attendants and ground handling employees.</td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (7) </td><td style="width:0pt;"></td><td align="left" valign="top"> Consists of employee relocation costs due to closing flight attendant bases and costs to exit the Company’s prior headquarters building.</td></tr></table></div><div /></div> </div>

<div> <div> 18. OPERATING SEGMENTS Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker and is used in resource allocation and performance assessments. The Company’s chief operating decision maker is considered to be the Company’s Chief Executive Officer. The Company’s chief operating decision maker makes resource allocation decisions to maximize the Company’s consolidated financial results. Substantially all the Company’s tangible assets are located in the U.S. or relate to flight equipment, which is mobile across geographic markets. For the years ended December 31, 2019 and 2018, the Company was managed as a single business unit that provided air transportation and other services for passengers. The Company has two internal passenger groups (Scheduled and Charter), but since they share resources and expenses are combined, they are considered one Passenger operating segment. The Passenger operating revenues include passenger and other revenue. The Company’s chief operating decision maker reviews discrete financial information on a combined basis for passenger and other revenues. The Company’s Passenger operations are highly concentrated in the U.S. but include service to many international locations, primarily based on scheduled service to Latin America during the winter season and on military charter services. In May 2020, the Company began providing air cargo services under the Amazon Agreement. Beginning in the fourth quarter of 2020, in conjunction with the full deployment of all 12 cargo aircraft under the Amazon Agreement and when our Chief Operating Decision Maker began to regularly review financial information for Cargo operations, Cargo services was identified as a separate operating segment. Certain operating expenses are directly attributable to this operating segment and certain operating expenses are allocated between the operating segments. Fuel consumed in Cargo operations is directly reimbursed by Amazon and therefore presented net on the Consolidated Statements of Operations. Non-Fuel operating expenses are allocated based on metrics such as block hours, fleet count and departures, which best align with the nature of the respective expense. The Special Items relate to CARES Act credits and are allocated based on the respective segment salaries, wages, and benefits. 18. OPERATING SEGMENTS (continued) The following table presents financial information for the Company’s  two operating segments: Passenger and Cargo. Assets by segment are not reviewed by the Chief Operating Decision Maker and has not been presented herein. <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.02%;"> <tr> <td valign="bottom" style="width:64.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:33.24%;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended December 31, 2020 </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:12.42%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Passenger </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.08%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Cargo </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:09.48%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Consolidated </td> <td valign="bottom" style="width:00.38%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;background-color: #CCEEFF;padding:0pt;"> Operating Revenues </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.38%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>364,677 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>36,809 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.44%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>401,486 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;padding:0pt;"> Non-Fuel Operating Expenses </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>332,742 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>32,530 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.44%;border-top:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>365,272 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;background-color: #CCEEFF;padding:0pt;"> Aircraft Fuel </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>83,392 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.44%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>83,392 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;padding:0pt;"> Special Items, net </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(53,842) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(10,721) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.44%;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(64,563) </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;background-color: #CCEEFF;padding:0pt;"> Total Operating Expenses </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>362,292 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>21,809 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.44%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>384,101 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;padding:0pt;"> Operating Income </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.38%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>2,385 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>15,000 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.44%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>17,385 </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;background-color: #CCEEFF;padding:0pt;"> Interest Income </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.44%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>377 </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;padding:0pt;"> Interest Expense </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:08.44%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(22,073) </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;background-color: #CCEEFF;padding:0pt;"> Other Non-operating Income (Expense), net </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.44%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(371) </td> <td valign="bottom" style="width:00.38%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:64.72%;padding:0pt;"> Income / (Loss) before Income Tax </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:11.38%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.04%;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.44%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(4,682) </td> <td valign="bottom" style="width:00.38%;padding:0pt;">   </td> </tr> </table></div>   <div /></div> </div>

10854000

17180000

35388000

8572000

16570000

5110000

373000

1888000

369000

2110000

2870000

0.615

0.385

0.25

P5Y8M1D

P5Y7M2D

0.339

0.388

0.017

6985533

988383

1054059

5.64

827812

434533

272679

173788

5827511

746836

472253

346984

221941

2.01

3.14

4.36

7.02

3583923

40005885

3502925

40005885

3646690

3577252

3557432

1.50

2.39

3.59

5.70

1.50

2.39

1.61

2.54

1.72

2.74

3583923

2243588

3502947

2281308

3577252

2329461

5.29

5.86

5.84

6.38

6.36

P9Y9M18D

P9Y

P7Y7M6D

2329461

6.36

5.29

14.65

7.96

7.93

17.99

5.30

18.02

24.00

100000000

6743400

40005885

6800065

40005885

46805950

46839659

57153467

5694000

5624000

5777000

6148000

2622000

5345000

1813000

34422000

49783000

235647000

-3477000

373000

239141000

-3500000

-367000

-3477000

283724000

244928000

68000

-3500000

42228000

5855000

239141000

291365000

244918000

468000

-3500000

49479000

283817000

248525000

468000

-3500000

38324000

9831000

239162000

409960000

473848000

572000

-64460000

283724000

283817000

409960000

18.8886

<div> <div> Stockholders’ Equity—As of the Acquisition Date, the Company issued 5,326,755 shares of Common Stock with no par value. Also on the Acquisition Date, the Company issued 40,005,885 warrants to Apollo allowing them to acquire shares of Common Stock of the Company at the exercise price of approximately $0.0005 per share. On January 31, 2020, all 40,005,885 outstanding Apollo warrants were exercised to purchase common stock of SCA Acquisition Holdings, LLC. In conjunction with the issuance of 1,416,645 shares of Common Stock in 2018 to two stockholders, the Company issued, recourse promissory notes of $3,500 which are included as Loans to Stockholders on the Consolidated Statements of Changes in Stockholders’ Equity. In February of 2021, the promissory notes were repaid in full with equivalent shares of stock. 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) As of December 31, 2020, Amazon held approximately 885,052 vested warrants to acquire common stock of the Company at an exercise price of approximately $15.17 per share. <div /></div> </div>

1416645

56665

30820

10454545

2216308

2216312

9090909

1363636

10454545

44226587

4000000

7500000

-3500000

224657000

224552000

105000

<div> <div> 14. SUBSEQUENT EVENTS<a name="a14SUBSEQUENTEVENTS_236562"></a> The Company evaluated subsequent events for the period from the Balance Sheet date through May 6, 2021, the date that the Condensed Consolidated Financial Statements were available to be issued. On April 22, 2021, we received $4,831 from the Treasury as a top-off grant under PSP2. Further, the Company was notified on April 15, 2021 that it will receive a grant of approximately $34,547 under PSP3, of which $17,274 was received on April 29, 2021 (see Note 3). *  * * <div /></div> </div>

4778000

-12006000

10791000

-21752000

-12206000

2386000

271000

-6706000

7092000

-64563000

-10721000

-53842000

-26871000

-8665000

-18206000

<div> <div> 16. SPECIAL ITEMS, NET Special Items, net on the Consolidated Statements of Operations consisted of the following: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:49.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:00.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="8" valign="bottom" style="width:33.50%;border-bottom:1pt solid #000000 ;padding:0pt;"> Successor </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.06%;padding:0pt;"> Predecessor </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:18.54%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;"> Year Ended December 31, </td> <td valign="bottom" style="width:01.64%;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.32%;padding:0pt;"> For the Period April 11, 2018 to </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #auto;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:13.06%;padding:0pt;"> For the Period January 1, 2018 to </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.24%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:02.06%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.24%;border-bottom:1pt solid #000000 ;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:13.32%;border-bottom:1pt solid #000000 ;padding:0pt;"> December 31, 2018 </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #auto;padding:0pt;">    </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">    </td> <td colspan="2" valign="bottom" style="width:13.06%;border-bottom:1pt solid #000000 ;padding:0pt;"> April 10, 2018 </td> <td valign="bottom" style="width:00.40%;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;background-color: #CCEEFF;padding:0pt;"> CARES Act grant recognition(1) </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(62,312) </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;padding:0pt;"> CARES Act employee retention credit(2) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(2,328) </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;padding:0pt;"> — </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;background-color: #CCEEFF;padding:0pt;"> Contractual obligations for retired technology(3) </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,578 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;padding:0pt;"> Sale of airport slot rights(4) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(1,200) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;padding:0pt;"> — </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;background-color: #CCEEFF;padding:0pt;"> Sun Country Rewards program modifications(5) </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(8,463) </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;padding:0pt;"> Early-out payments and other outsourcing expenses(6) </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;padding:0pt;"> — </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;padding:0pt;"> — </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>1,757 </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>271 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;background-color: #CCEEFF;padding:0pt;"> Other(7) </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>77 </td> <td valign="bottom" style="width:02.06%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.20%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>714 </td> <td valign="bottom" style="width:01.64%;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:11.98%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:12.00%;border-bottom:1pt solid #000000 ;background-color: #CCEEFF;padding:0pt;"> — </td> <td valign="bottom" style="width:00.40%;background-color: #CCEEFF;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:49.64%;padding:0pt;"> Total Special Items, net </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(64,563) </td> <td valign="bottom" style="width:02.06%;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.20%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>7,092 </td> <td valign="bottom" style="width:01.64%;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:11.98%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>(6,706) </td> <td valign="bottom" style="width:00.88%;border-right:1pt solid #000000 ;padding:0pt;">   </td> <td valign="top" style="width:00.88%;border-left:1pt solid #000000 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.00%;border-top:1pt solid #000000 ;border-bottom:2pt double #000000 ;;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:3pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>271 </td> <td valign="bottom" style="width:00.40%;padding:0pt;">   </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (1) </td><td style="width:0pt;"></td><td align="left" valign="top"> Relates to the credit recognized under the CARES Act Payroll Support Program through December 31, 2020. Under the Payroll Support Program, the United States Department of the Treasury provided the Company with a Payroll Support grant, which was to be used exclusively for the continuation of payments for salaries, wages, and benefits. (see Note 3 for more information).</td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (2) </td><td style="width:0pt;"></td><td align="left" valign="top"> Relates to the credit recognized under the CARES Act Employee Retention credit which is a refundable tax credit against certain employment taxes (see Note 3 for more information).</td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (3) </td><td style="width:0pt;"></td><td align="left" valign="top"> This was a charge related to contractual obligations for retired technology. In connection with implementing SCA’s new reservations systems, the Company incurred obligations under the contracts for existing systems that were being phased out ahead of their scheduled contract terms.</td></tr></table></div> 16. SPECIAL ITEMS, NET (continued) <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (4) </td><td style="width:0pt;"></td><td align="left" valign="top"> Represents proceeds from the sale of unused airport slot rights. SCA does not hold any other remaining airport slot rights; therefore this gain does not reflect the Company’s continuing operations.</td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (5) </td><td style="width:0pt;"></td><td align="left" valign="top"> This reduction to expense is associated with changes to the terms of the Sun Country Rewards program. As of November 3, 2018, the Company modified policies within the program which accelerated loyalty point expiration, while making points more valuable for its members.</td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (6) </td><td style="width:0pt;"></td><td align="left" valign="top"> Related to early-out payments and other expenses incurred in connection with outsourcing certain operations personnel and other employee initiatives. These efforts were primarily related to airport station, flight attendants and ground handling employees.</td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"></td><td valign="top" align="left" style="width: 18.00pt;"> (7) </td><td style="width:0pt;"></td><td align="left" valign="top"> Consists of employee relocation costs due to closing flight attendant bases and costs to exit the Company’s prior headquarters building.</td></tr></table></div>   <div /></div> </div>

<div> <div> Use of Estimates—Preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Significant items subject to such estimates and assumptions include the useful lives of acquired fixed assets and acquired intangibles, maintenance deposits, loyalty program liabilities, passenger revenue breakage, valuation of derivative positions, valuation of warrants issued to Amazon, and income taxes. <div /></div> </div>

6004000

440000

894000

702000

4520000

1345000

1049000

1541000

100000000

46700990

47909413

48225603

46806042

52508186

100000000

46700990

46773038

46805951

46806042

48496077