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Condensed Consolidated Statements of Operations and Comprehensive Income/(Loss) (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Revenue:    
Total operating revenue $ 13,748 $ 12,759 Close
Operating Expense:    
Salaries and related costs 3,791 3,386
Aircraft fuel and related taxes 2,598 2,676
Ancillary businesses and refinery 1,370 1,125
Contracted services 1,024 1,010
Landing fees and other rents 748 584
Aircraft maintenance materials and outside repairs 679 585
Depreciation and amortization 615 564
Regional carrier expense 550 559
Passenger commissions and other selling expenses 550 500
Passenger service 413 416
Aircraft rent 136 132
Profit sharing 125 72
Pilot agreement and related expenses 0 864
Other 535 563
Total operating expense 13,134 13,036 Close
Operating Income/(Loss) 614 (277)
Non-Operating Expense:    
Interest expense, net (205) (227)
Gain/(loss) on investments, net (227) 122
Loss on extinguishment of debt (4) (22)
Miscellaneous, net (56) (102)
Total non-operating expense, net (492) (229) Close
Income/(Loss) Before Income Taxes 122 (506) Close
Income Tax (Provision)/Benefit (85) 143 Close
Net Income/(Loss) $ 37 $ (363) Close
Basic Earnings/(Loss) Per Share (USD per share) $ 0.06 $ (0.57)
Diluted Earnings/(Loss) Per Share (USD per share) $ 0.06 $ (0.57)
Comprehensive Income/(Loss) $ 89 $ (316)
Passenger    
Operating Revenue:    
Total operating revenue 11,131 10,411
Cargo    
Operating Revenue:    
Total operating revenue 178 209
Other    
Operating Revenue:    
Total operating revenue $ 2,439 $ 2,139