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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Revenue:    
Total operating revenue $ 14,040 $ 13,748
Operating Expense:    
Salaries and related costs 4,083 3,791
Aircraft fuel and related taxes 2,410 2,598
Ancillary businesses and refinery 1,250 1,370
Contracted services 1,121 1,024
Landing fees and other rents 851 748
Aircraft maintenance materials and outside repairs 646 679
Regional carrier expense 613 550
Depreciation and amortization 607 615
Passenger commissions and other selling expenses 552 550
Passenger service 430 413
Aircraft rent 137 136
Profit sharing 124 125
Other 647 535
Total operating expense 13,471 13,134
Operating Income 569 614
Non-Operating Expense:    
Interest expense, net (179) (205)
Gain/(loss) on investments, net (40) (227)
Loss on extinguishment of debt 0 (4)
Miscellaneous, net (30) (56)
Total non-operating expense, net (249) (492)
Income Before Income Taxes 320 122
Income Tax Provision (80) (85)
Net Income $ 240 $ 37
Basic Earnings Per Share (USD per share) $ 0.37 $ 0.06
Diluted Earnings Per Share (USD per share) $ 0.37 $ 0.06
Comprehensive Income $ 281 $ 89
Passenger    
Operating Revenue:    
Total operating revenue 11,480 11,131
Cargo    
Operating Revenue:    
Total operating revenue 208 178
Other    
Operating Revenue:    
Total operating revenue $ 2,352 $ 2,439