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Condensed Consolidated Statements of Operations - American Airlines Group Inc. - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating revenues:                
Operating revenues $ 13,462     $ 8,969     $ 35,783 $ 20,455
Operating expenses:                
Aircraft fuel and related taxes 3,847     1,952     10,369 4,596
Salaries, wages and benefits 3,384     3,018     9,773 8,611
Regional expenses 1,174     887     3,298 2,148
Maintenance, materials and repairs 685     548     1,949 1,383
Other rent and landing fees 710     694     2,081 1,950
Aircraft rent 347     358     1,045 1,064
Selling expenses 495     318     1,331 745
Depreciation and amortization 491     480     1,486 1,439
Special items, net 37     (990)     189 (3,986)
Other 1,362     1,109     4,037 2,784
Total operating expenses 12,532     8,374     35,558 20,734
Operating income (loss) 930     595     225 (279)
Nonoperating income (expense):                
Interest income 70     5     107 13
Interest expense, net (499)     (476)     (1,430) (1,332)
Other income, net 157     82     274 241
Total nonoperating expense, net (272)     (389)     (1,049) (1,078)
Income (loss) before income taxes 658     206     (824) (1,357)
Income tax provision (benefit) 175     37     (148) (296)
Net income (loss) $ 483 $ 476 $ (1,635) $ 169 $ 19 $ (1,250) $ (676) $ (1,061)
Earnings (loss) per common share:                
Basic (in dollars per share) $ 0.74     $ 0.26     $ (1.04) $ (1.65)
Diluted (in dollars per share) $ 0.69     $ 0.25     $ (1.04) $ (1.65)
Weighted average shares outstanding (in thousands):                
Basic (in shares) 650,586     648,564     650,145 642,432
Diluted (in shares) 715,985     721,142     650,145 642,432
Passenger                
Operating revenues:                
Operating revenues $ 12,396     $ 7,957     $ 32,438 $ 17,682
Cargo                
Operating revenues:                
Operating revenues 279     332     970 973
Other                
Operating revenues:                
Operating revenues $ 787     $ 680     $ 2,375 $ 1,800