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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Revenue:      
Total operating revenue $ 58,048 $ 50,582 $ 29,899
Operating Expense:      
Salaries and related costs 14,607 11,902 9,728
Aircraft fuel and related taxes 11,069 11,482 5,633
Ancillary businesses and refinery 4,172 5,756 3,957
Contracted services 4,041 3,345 2,420
Landing fees and other rents 2,563 2,181 2,019
Aircraft maintenance materials and outside repairs 2,432 1,982 1,401
Depreciation and amortization 2,341 2,107 1,998
Passenger commissions and other selling expenses 2,334 1,891 953
Regional carrier expense 2,200 2,051 1,736
Passenger service 1,750 1,453 756
Profit sharing 1,383 563 108
Pilot agreement and related expenses 864 0 0
Aircraft rent 532 508 430
Government grant recognition 0 0 (4,512)
Other 2,239 1,700 1,386
Total operating expense 52,527 46,921 28,013
Operating Income 5,521 3,661 1,886
Non-Operating Income/(Expense):      
Interest expense, net (834) (1,029) (1,279)
Gain/(loss) on investments, net 1,263 (783) 56
Loss on extinguishment of debt (63) (100) (319)
Pension and related (expense)/benefit (244) 292 451
Miscellaneous, net (35) (127) (397)
Total non-operating income/(expense), net 87 (1,747) (1,488)
Income Before Income Taxes 5,608 1,914 398
Income Tax Provision (999) (596) (118)
Net Income $ 4,609 $ 1,318 $ 280
Basic Earnings Per Share (USD per share) $ 7.21 $ 2.07 $ 0.44
Diluted Earnings Per Share (USD per share) $ 7.17 $ 2.06 $ 0.44
Passenger      
Operating Revenue:      
Total operating revenue $ 48,909 $ 40,218 $ 22,519
Cargo      
Operating Revenue:      
Total operating revenue 723 1,050 1,032
Other      
Operating Revenue:      
Total operating revenue $ 8,416 $ 9,314 $ 6,348