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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating Revenue:        
Total operating revenue $ 16,648 $ 16,658 $ 30,688 $ 30,406
Operating Expense:        
Salaries and related costs 4,402 4,012 8,485 7,803
Aircraft fuel and related taxes 2,458 2,813 4,869 5,410
Ancillary businesses and refinery 1,409 1,463 2,659 2,833
Contracted services 1,155 1,041 2,276 2,065
Landing fees and other rents 878 766 1,729 1,515
Regional carrier expense 651 580 1,264 1,130
Aircraft maintenance materials and outside repairs 591 684 1,237 1,363
Passenger commissions and other selling expenses 673 672 1,224 1,222
Depreciation and amortization 602 620 1,209 1,235
Passenger service 482 463 912 876
Profit sharing 470 519 594 644
Aircraft rent 137 138 274 274
Other 638 620 1,285 1,155
Total operating expense 14,546 14,391 28,017 27,525
Operating Income 2,102 2,267 2,671 2,881
Non-Operating Income/(Expense):        
Interest expense, net (172) (188) (350) (394)
Gain/(loss) on investments, net 735 (196) 696 (423)
Loss on extinguishment of debt (20) (32) (20) (36)
Miscellaneous, net (71) (78) (102) (133)
Total non-operating income/(expense), net 472 (494) 224 (986)
Income Before Income Taxes 2,574 1,773 2,895 1,895
Income Tax Provision (444) (468) (525) (553)
Net Income $ 2,130 $ 1,305 $ 2,370 $ 1,342
Basic Earnings Per Share (USD per share) $ 3.28 $ 2.04 $ 3.66 $ 2.10
Diluted Earnings Per Share (USD per share) $ 3.27 $ 2.01 $ 3.63 $ 2.08
Comprehensive Income $ 2,169 $ 1,358 $ 2,450 $ 1,447
Passenger        
Operating Revenue:        
Total operating revenue 13,867 13,841 25,347 24,972
Cargo        
Operating Revenue:        
Total operating revenue 212 199 421 377
Other        
Operating Revenue:        
Total operating revenue $ 2,569 $ 2,618 $ 4,920 $ 5,057