XML 25 R11.htm IDEA: XBRL DOCUMENT v3.24.2
INVESTMENTS
6 Months Ended
Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
INVESTMENTS INVESTMENTS
Equity investments ownership interest and carrying value
Accounting TreatmentOwnership InterestCarrying Value
(in millions)June 30, 2024December 31, 2023June 30, 2024December 31, 2023
Air France-KLMFair Value%%$65 $110 
China EasternFair Value%%117 134 
Grupo AeroméxicoEquity Method20 %20 %438 421 
Hanjin KAL
Fair Value(1)
15 %15 %467 561 
LATAMFair Value10 %10 %829 658 
Unifi AviationEquity Method49 %49 %139 162 
Wheels Up
Fair Value(2)
38 %38 %498 903 
Other investmentsVarious469 508 
Equity investments$3,022 $3,457 
(1)At June 30, 2024, we held 14.8% of the outstanding shares (including common and preferred), and 14.9% of the common shares, of Hanjin KAL.
(2)Our voting rights with respect to Wheels Up are capped at 29.9%.