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INVESTMENTS (Tables) | 6 Months Ended
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Jun. 30, 2025
Investments, Debt and Equity Securities [Abstract] |
Schedule of Equity Investments Ownership and Carrying Value - Fair Value |
Equity investments ownership interest and carrying value
| Accounting Treatment |  | Ownership Interest |  | Carrying Value
(in millions) |  |  | June 30, 2025 | December 31, 2024 |  | June 30, 2025 | December 31, 2024
Air France-KLM | Fair Value |  | 3 | % | 3 | % |  | $ | 80 |  | $ | 62 |
China Eastern | Fair Value |  | 2 | % | 2 | % |  | 188 |  | 155 |
Grupo Aeroméxico | Equity Method |  | 20 | % | 20 | % |  | 376 |  | 354 |
Hanjin KAL | Fair Value(1) |  | 15 | % | 15 | % |  | 869 |  | 507 |
LATAM | Fair Value |  | 10 | % | 10 | % |  | 1,229 |  | 837 |
Unifi Aviation | Equity Method |  | 49 | % | 49 | % |  | 139 |  | 146 |
Wheels Up | Fair Value(2) |  | 38 | % | 38 | % |  | 282 |  | 435 |
Other investments | Various |  |  |  |  | 393 |  | 350 |
Equity investments |  |  |  |  |  | $ | 3,556 |  | $ | 2,846 |
(1)At June 30, 2025, 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%.
Schedule of Equity Investments Ownership and Carrying Value - Equity Method |
Equity investments ownership interest and carrying value
| Accounting Treatment |  | Ownership Interest |  | Carrying Value
(in millions) |  |  | June 30, 2025 | December 31, 2024 |  | June 30, 2025 | December 31, 2024
Air France-KLM | Fair Value |  | 3 | % | 3 | % |  | $ | 80 |  | $ | 62 |
China Eastern | Fair Value |  | 2 | % | 2 | % |  | 188 |  | 155 |
Grupo Aeroméxico | Equity Method |  | 20 | % | 20 | % |  | 376 |  | 354 |
Hanjin KAL | Fair Value(1) |  | 15 | % | 15 | % |  | 869 |  | 507 |
LATAM | Fair Value |  | 10 | % | 10 | % |  | 1,229 |  | 837 |
Unifi Aviation | Equity Method |  | 49 | % | 49 | % |  | 139 |  | 146 |
Wheels Up | Fair Value(2) |  | 38 | % | 38 | % |  | 282 |  | 435 |
Other investments | Various |  |  |  |  | 393 |  | 350 |
Equity investments |  |  |  |  |  | $ | 3,556 |  | $ | 2,846 |
(1)At June 30, 2025, 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%.

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 + Details
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- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in net income (trading) and investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-6B + Details
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