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STATEMENTS OF CONSOLIDATED OPERATIONS (UNAUDITED) (UAH) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating revenue:        
Total operating revenue $ 14,484 $ 12,877 $ 40,091 $ 32,555
Operating expense:        
Salaries and related costs 3,914 2,843 10,946 8,466
Aircraft fuel 3,342 3,755 9,336 9,796
Landing fees and other rent 801 639 2,283 1,919
Aircraft maintenance materials and outside repairs 684 619 2,072 1,553
Depreciation and amortization 663 610 1,987 1,832
Regional capacity purchase 592 596 1,806 1,728
Distribution expenses 516 482 1,406 1,101
Aircraft rent 46 65 151 193
Special charges 29 20 902 124
Other operating expenses 2,158 1,790 5,989 4,883
Total operating expense 12,745 11,419 36,878 31,595
Operating income 1,739 1,458 3,213 960
Nonoperating income (expense):        
Interest expense (493) (455) (1,472) (1,299)
Interest income 234 104 620 142
Interest capitalized 48 27 128 73
Unrealized gains (losses) on investments, net (54) 28 54 (12)
Miscellaneous, net 11 (9) 73 (4)
Total nonoperating expense, net (254) (305) (597) (1,100)
Income (loss) before income tax expense (benefit) 1,485 1,153 2,616 (140)
Income tax expense (benefit) 348 211 598 (34)
Net income (loss) $ 1,137 $ 942 $ 2,018 $ (106)
Earnings (loss) per share, basic (in dollars per share) $ 3.47 $ 2.88 $ 6.16 $ (0.33)
Earnings (loss) per share, diluted (in dollars per share) $ 3.42 $ 2.86 $ 6.08 $ (0.33)
Passenger revenue        
Operating revenue:        
Total operating revenue $ 13,349 $ 11,653 $ 36,625 $ 28,830
Cargo        
Operating revenue:        
Total operating revenue 333 498 1,093 1,699
Other operating revenue        
Operating revenue:        
Total operating revenue $ 802 $ 726 $ 2,373 $ 2,026