XML 57 R36.htm IDEA: XBRL DOCUMENT
v3.24.2

Debt (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Debt Instrument [Line Items] |
Schedule of Long-Term Debt | Long-term debt included in the condensed consolidated balance sheets consisted of (in millions):
| June 30, 2024 |  | December 31, 2023
Secured |  |  |
2013 Term Loan Facility, variable interest rate of 8.19%, installments through February 2028 | $ | 980 |  |  | $ | 990 |
2014 Term Loan Facility, variable interest rate of 7.07%, installments through January 2027 | 1,171 |  |  | 1,183 |
2023 Term Loan Facility, variable interest rate of 7.77%, installments beginning in December 2024 through June 2029 | 1,100 |  |  | 1,100 |
10.75% senior secured IP notes, interest only payments until due in February 2026 | 1,000 |  |  | 1,000 |
10.75% senior secured LGA/DCA notes, interest only payments until due in February 2026 | 200 |  |  | 200 |
7.25% senior secured notes, interest only payments until due in February 2028 | 750 |  |  | 750 |
8.50% senior secured notes, interest only payments until due in May 2029 | 1,000 |  |  | 1,000 |
5.50% senior secured notes, installments through April 2026 (1) | 2,333 |  |  | 2,917 |
5.75% senior secured notes, installments beginning in July 2026 until due in April 2029 (1) | 3,000 |  |  | 3,000 |
AAdvantage Term Loan Facility, variable interest rate of 10.34%, installments through April 2028 (1) | 2,800 |  |  | 3,150 |
Enhanced equipment trust certificates (EETCs), fixed interest rates ranging from 2.88% to 5.90%, averaging 3.56%, maturing from 2024 to 2034 | 7,096 |  |  | 7,657 |
Equipment loans and other notes payable, fixed and variable interest rates ranging from 2.55% to 8.85%, averaging 6.93%, maturing from 2024 to 2036 | 3,898 |  |  | 3,612 |
Special facility revenue bonds, fixed interest rates ranging from 2.25% to 5.38%, maturing from 2026 to 2036 | 967 |  |  | 967 |
| 26,295 |  |  | 27,526 |
Unsecured |  |  |
PSP1 Promissory Note, interest only payments until due in April 2030 | 1,757 |  |  | 1,757 |
PSP2 Promissory Note, interest only payments until due in January 2031 | 1,030 |  |  | 1,030 |
PSP3 Promissory Note, interest only payments until due in April 2031 | 959 |  |  | 959 |
6.50% convertible senior notes, interest only payments until due in July 2025 | 1,000 |  |  | 1,000 |
3.75% senior notes, interest only payments until due in March 2025 | 487 |  |  | 487 |
| 5,233 |  |  | 5,233 |
Total long-term debt | 31,528 |  |  | 32,759 |
Less: Total unamortized debt discount, premium and issuance costs | 337 |  |  | 363 |
Less: Current maturities | 3,982 |  |  | 3,501 |
Long-term debt, net of current maturities | $ | 27,209 |  |  | $ | 28,895 |
(1)Collectively referred to as the AAdvantage Financing.
Schedule of Revolving Credit and Other Facilities | As of June 30, 2024, the maximum availability under our revolving credit and other facilities is as follows (in millions):
2013 Revolving Facility | $ | 500 |
2014 Revolving Facility | 1,500 |
2023 Revolving Facility | 890 |
Other facilities | 397 |
Total | $ | 3,287 |
American Airlines, Inc. |
Debt Instrument [Line Items] |
Schedule of Long-Term Debt | Long-term debt included in the condensed consolidated balance sheets consisted of (in millions):
| June 30, 2024 |  | December 31, 2023
Secured |  |  |
2013 Term Loan Facility, variable interest rate of 8.19%, installments through February 2028 | $ | 980 |  |  | $ | 990 |
2014 Term Loan Facility, variable interest rate of 7.07%, installments through January 2027 | 1,171 |  |  | 1,183 |
2023 Term Loan Facility, variable interest rate of 7.77%, installments beginning in December 2024 through June 2029 | 1,100 |  |  | 1,100 |
10.75% senior secured IP notes, interest only payments until due in February 2026 | 1,000 |  |  | 1,000 |
10.75% senior secured LGA/DCA notes, interest only payments until due in February 2026 | 200 |  |  | 200 |
7.25% senior secured notes, interest only payments until due in February 2028 | 750 |  |  | 750 |
8.50% senior secured notes, interest only payments until due in May 2029 | 1,000 |  |  | 1,000 |
5.50% senior secured notes, installments through April 2026 (1) | 2,333 |  |  | 2,917 |
5.75% senior secured notes, installments beginning in July 2026 until due in April 2029 (1) | 3,000 |  |  | 3,000 |
AAdvantage Term Loan Facility, variable interest rate of 10.34%, installments through April 2028 (1) | 2,800 |  |  | 3,150 |
Enhanced equipment trust certificates (EETCs), fixed interest rates ranging from 2.88% to 5.90%, averaging 3.56%, maturing from 2024 to 2034 | 7,096 |  |  | 7,657 |
Equipment loans and other notes payable, fixed and variable interest rates ranging from 2.55% to 8.85%, averaging 6.93%, maturing from 2024 to 2036 | 3,898 |  |  | 3,612 |
Special facility revenue bonds, fixed interest rates ranging from 2.25% to 5.38%, maturing from 2026 to 2036 | 967 |  |  | 967 |
Total long-term debt | 26,295 |  |  | 27,526 |
Less: Total unamortized debt discount, premium and issuance costs | 327 |  |  | 349 |
Less: Current maturities | 3,496 |  |  | 3,501 |
Long-term debt, net of current maturities | $ | 22,472 |  |  | $ | 23,676 |
(1)Collectively referred to as the AAdvantage Financing.
Schedule of Revolving Credit and Other Facilities | As of June 30, 2024, the maximum availability under American’s revolving credit and other facilities is as follows (in millions):
2013 Revolving Facility | $ | 500 |
2014 Revolving Facility | 1,500 |
2023 Revolving Facility | 890 |
Other facilities | 397 |
Total | $ | 3,287 |

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482949/835-30-55-8 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(f)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B Reference 5: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B Reference 6: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69C -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69C Reference 7: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69E -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E Reference 8: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69F -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69F Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B Reference 11: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1D -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1D Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1D -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1D Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1D -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1D Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1E -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1E Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1E -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1E Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1E -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1E Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1F -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1F Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1F -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1F Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1F -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1F Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1F -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1F Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1I -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I Reference 26: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 Reference 27: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482900/835-30-50-1 + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | dei_LegalEntityAxis=aal_AmericanAirlinesIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |