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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues [Abstract]        
Total operating revenues $ 2,610 $ 2,445 $ 4,937 $ 4,181
OPERATING EXPENSES        
Aircraft fuel and related taxes 599 910 1,365 1,481
Salaries, wages and benefits 772 695 1,514 1,383
Landing fees and other rents 163 149 323 281
Depreciation and amortization 155 145 306 288
Aircraft rent 34 27 66 53
Sales and marketing 82 78 157 135
Maintenance, materials and repairs 170 162 345 313
Other operating expenses 376 348 732 683
Special items 24 44 136 44
Total operating expenses 2,375 2,558 4,944 4,661
OPERATING INCOME (LOSS) 235 (113) (7) (480)
OTHER INCOME (EXPENSE)        
Interest expense (47) (40) (93) (77)
Interest income 23 8 40 12
Gain (loss) on investments, net 4 (5) 7 (4)
Other 1 (1) 3 0
Total other expense (19) (38) (43) (69)
INCOME (LOSS) BEFORE INCOME TAXES 216 (151) (50) (549)
Income tax benefit (expense) (78) (37) (4) 106
NET INCOME (LOSS) $ 138 $ (188) $ (54) $ (443)
EARNINGS (LOSS) PER COMMON SHARE:        
Basic (in dollars per share) $ 0.41 $ (0.58) $ (0.16) $ (1.38)
Diluted (in dollars per share) $ 0.41 $ (0.58) $ (0.16) $ (1.38)
Passenger        
Revenues [Abstract]        
Total operating revenues $ 2,460 $ 2,302 $ 4,641 $ 3,904
Other        
Revenues [Abstract]        
Total operating revenues $ 150 $ 143 $ 296 $ 277