INVESTMENTS

3 Months Ended

Mar. 31, 2024

Investments, Debt and Equity Securities [Abstract]

INVESTMENTS

INVESTMENTS

Equity investments ownership interest and carrying value
	Accounting Treatment	Ownership Interest				Carrying Value
(in millions)		March 31, 2024		December 31, 2023		March 31, 2024		December 31, 2023
Air France-KLM	Fair Value	3	%	3	%	$	82	$	110
China Eastern	Fair Value	2	%	2	%	116		134
Grupo Aeroméxico	Equity Method	20	%	20	%	441		421
Hanjin KAL	Fair Value(1)	15	%	15	%	439		561
LATAM	Fair Value	10	%	10	%	756		658
Unifi Aviation	Equity Method	49	%	49	%	161		162
Wheels Up	Fair Value(2)	38	%	38	%	756		903
Other investments	Various					496		508
Equity investments						$	3,247	$	3,457

(1)At March 31, 2024, we held 14.8% of the outstanding shares (including common and preferred), and 14.9% of the common shares, of Hanjin KAL.

(2)Our voting rights with respect to Wheels Up are capped at 29.9%.