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INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]  
Schedule of Equity Investments Ownership and Carrying Value - Fair Value
Equity investments ownership interest and carrying value
Accounting TreatmentOwnership InterestCarrying Value
(in millions)December 31, 2024December 31, 2023December 31, 2024December 31, 2023
Air France-KLMFair Value3 %3 %$62 $110 
China EasternFair Value2 %2 %155 134 
Grupo Aeroméxico
Equity Method(1)
20 %20 %354 421 
Hanjin-KAL
Fair Value(2)
15 %15 %507 561 
LATAMFair Value10 %10 %837 658 
Unifi Aviation
Equity Method(3)
49 %49 %146 162 
Wheels Up
Fair Value(4)
38 %38 %435 903 
Other investmentsVarious350 508 
Equity investments$2,846 $3,457 
(1)Results are included in miscellaneous, net in our income statement under non-operating expense.
(2)At December 31, 2024, we held 14.8% of the outstanding shares (including common and preferred), and 14.9% of the common shares, of Hanjin KAL.
(3)Results are included in contracted services in our income statement as this entity is integral to the operations of our business by providing services at many of our airport locations.
(4)Our voting rights with respect to Wheels Up are capped at 29.9%. We elected to account for our investment under the fair value option.
Schedule of Equity Investments Ownership and Carrying Value - Equity Method
Equity investments ownership interest and carrying value
Accounting TreatmentOwnership InterestCarrying Value
(in millions)December 31, 2024December 31, 2023December 31, 2024December 31, 2023
Air France-KLMFair Value3 %3 %$62 $110 
China EasternFair Value2 %2 %155 134 
Grupo Aeroméxico
Equity Method(1)
20 %20 %354 421 
Hanjin-KAL
Fair Value(2)
15 %15 %507 561 
LATAMFair Value10 %10 %837 658 
Unifi Aviation
Equity Method(3)
49 %49 %146 162 
Wheels Up
Fair Value(4)
38 %38 %435 903 
Other investmentsVarious350 508 
Equity investments$2,846 $3,457 
(1)Results are included in miscellaneous, net in our income statement under non-operating expense.
(2)At December 31, 2024, we held 14.8% of the outstanding shares (including common and preferred), and 14.9% of the common shares, of Hanjin KAL.
(3)Results are included in contracted services in our income statement as this entity is integral to the operations of our business by providing services at many of our airport locations.
(4)Our voting rights with respect to Wheels Up are capped at 29.9%. We elected to account for our investment under the fair value option.