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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Revenue:    
Total operating revenue $ 9,348 $ 4,150
Operating Expense:    
Salaries and related costs 2,826 2,202
Aircraft fuel and related taxes 2,092 1,017
Ancillary businesses and refinery 1,382 706
Contracted services 753 519
Depreciation and amortization 506 492
Landing fees and other rents 504 493
Regional carrier expense 491 401
Aircraft maintenance materials and outside repairs 465 294
Passenger commissions and other selling expenses 312 110
Passenger service 275 118
Aircraft rent 122 104
Restructuring charges (5) (44)
Government grant recognition 0 (1,186)
Other 408 322
Total operating expense 10,131 5,548
Operating Loss (783) (1,398)
Non-Operating Expense:    
Interest expense, net (274) (361)
Equity method results 0 (54)
Gain/(loss) on investments, net (147) 262
Loss on extinguishment of debt (25) (56)
Pension and related benefit/(expense) 73 107
Miscellaneous, net (44) (15)
Total non-operating expense, net (417) (117)
Loss Before Income Taxes (1,200) (1,515)
Income Tax Benefit 260 338
Net Loss $ (940) $ (1,177)
Basic Loss Per Share (USD per share) $ (1.48) $ (1.85)
Diluted Loss Per Share (USD per share) (1.48) (1.85)
Cash Dividends Declared Per Share (USD per share) $ 0 $ 0
Comprehensive Loss $ (881) $ (1,099)
Passenger    
Operating Revenue:    
Total operating revenue 6,907 2,748
Cargo    
Operating Revenue:    
Total operating revenue 289 215
Other    
Operating Revenue:    
Total operating revenue $ 2,152 $ 1,187