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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues [Abstract]        
Total operating revenues $ 1,972 $ 492 $ 4,203 $ 2,295
OPERATING EXPENSES        
Aircraft fuel and related taxes 443 102 973 496
Salaries, wages and benefits 620 482 1,718 1,560
Landing fees and other rents 182 84 470 258
Depreciation and amortization 140 127 398 407
Aircraft rent 25 23 76 60
Sales and marketing 60 24 130 84
Maintenance, materials and repairs 205 111 472 344
Other operating expenses 297 167 768 560
Special items (186) (112) (841) (214)
Total operating expenses 1,786 1,008 4,164 3,555
OPERATING INCOME (LOSS) 186 (516) 39 (1,260)
OTHER INCOME (EXPENSE)        
Interest expense (42) (56) (153) (121)
Capitalized interest 3 3 9 10
Gain on equity investments 54 0 54 0
Interest income and other expenses (11) (9) (49) (10)
Total other income (expense) 4 (62) (139) (121)
INCOME (LOSS) BEFORE INCOME TAXES 190 (578) (100) (1,381)
Income tax expense (benefit) 60 (185) (47) (400)
NET INCOME (LOSS) $ 130 $ (393) $ (53) $ (981)
EARNINGS (LOSS) PER COMMON SHARE:        
Basic (in dollars per share) $ 0.41 $ (1.44) $ (0.17) $ (3.58)
Diluted (in dollars per share) $ 0.40 $ (1.44) $ (0.17) $ (3.58)
Passenger        
Revenues [Abstract]        
Total operating revenues $ 1,856 $ 445 $ 3,913 $ 2,126
Other        
Revenues [Abstract]        
Total operating revenues $ 116 $ 47 $ 290 $ 169