Quarterly report pursuant to Section 13 or 15(d)

Restricted Cash

v3.21.2
Restricted Cash
6 Months Ended
Jun. 30, 2021
Cash and Cash Equivalents [Abstract]  
Restricted Cash Restricted CashAs of June 30, 2021 and December 31, 2020, the Company maintained bank deposits of $6,932 and $6,856, respectively, which were pledged as collateral for long-term letters of credit issued in favor of airports, in connection with the Company’s obligations under the revenue share agreements. Such amounts also include a letter of credit for the Company’s New York City corporate headquarters lease agreement.In addition, the Company also has a $16,000 restricted cash account against a letter of credit with American Express as a reserve against potential future refunds and chargebacks as of June 30, 2021 and December 31, 2020.