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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
OPERATING REVENUES      
Total operating revenue $ 9,279 $ 9,615 $ 9,158
OPERATING EXPENSES      
Aircraft fuel 2,343 2,807 3,190
Salaries, wages and benefits 3,263 3,055 2,747
Landing fees and other rents 659 657 544
Depreciation and amortization 655 621 585
Aircraft rent 92 126 114
Sales and marketing 328 316 289
Maintenance, materials and repairs 628 654 591
Total special items 591 197 113
Other operating expenses 1,404 1,412 1,283
Total operating expenses 9,963 9,845 9,456
OPERATING LOSS (684) (230) (298)
OTHER INCOME (EXPENSE)      
Interest expense (365) (210) (166)
Interest income 111 70 21
Capitalized interest 15 19 18
Gain (loss) on investments, net (27) 9 (9)
Gain on debt extinguishments 22 0 0
Other 31 8 (3)
Total other expense (213) (104) (139)
LOSS BEFORE INCOME TAXES (897) (334) (437)
Income tax benefit 102 24 75
NET LOSS $ (795) $ (310) $ (362)
LOSS PER COMMON SHARE      
Basic (in dollars per share) $ (2.30) $ (0.93) $ (1.12)
Diluted (in dollars per share) $ (2.30) $ (0.93) $ (1.12)
Passenger      
OPERATING REVENUES      
Total operating revenue $ 8,617 $ 9,008 $ 8,586
Other      
OPERATING REVENUES      
Total operating revenue $ 662 $ 607 $ 572