Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2018

Selected Quarterly Financial Information [Line Items]

Summarized Financial Data

Unaudited summarized financial data by quarter for 2018 and 2017 (in millions, except share and per share amounts):

	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2018 (1)
Operating revenues	$	10,401	$	11,643	$	11,559	$	10,938
Operating expenses	10,005		10,639		10,874		10,367
Operating income	396		1,004		685		571
Net income	159		556		372		325
Earnings per share:
Basic	$	0.34	$	1.20	$	0.81	$	0.71
Diluted	$	0.34	$	1.20	$	0.81	$	0.70
Shares used for computation (in thousands):
Basic	472,297		463,533		460,526		460,589
Diluted	474,598		464,618		461,507		461,915
2017
Operating revenues	$	9,820	$	11,227	$	10,965	$	10,611
Operating expenses	9,083		9,628		9,709		9,973
Operating income	737		1,599		1,256		638
Net income (loss)	340		864		661		(583		)
Earnings (loss) per share:
Basic	$	0.67	$	1.76	$	1.36	$	(1.22	)
Diluted	$	0.67	$	1.75	$	1.36	$	(1.22	)
Shares used for computation (in thousands):
Basic	503,902		490,818		484,772		477,165
Diluted	507,797		492,965		486,625		477,165

⁽¹⁾  In the fourth quarter of 2018, we adopted the New Lease Standard as of January 1, 2018. In accordance with the New Lease Standard, prior 2018 periods have been recast to reflect the effects of this adoption. See Note 1(b) and Note 6 for further discussion of the New Lease Standard.

American Airlines, Inc. [Member]

Selected Quarterly Financial Information [Line Items]

Summarized Financial Data

Unaudited summarized financial data by quarter for 2018 and 2017 (in millions):

	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2018 (1)
Operating revenues	$	10,398	$	11,640	$	11,556	$	10,936
Operating expenses	9,986		10,626		10,850		10,344
Operating income	412		1,014		706		592
Net income	209		609		433		407
2017
Operating revenues	$	9,817	$	11,224	$	10,962	$	10,607
Operating expenses	9,077		9,633		9,713		9,982
Operating income	740		1,591		1,249		625
Net income (loss)	369		888		686		(658		)

⁽¹⁾  In the fourth quarter of 2018, American adopted the New Lease Standard as of January 1, 2018. In accordance with the New Lease Standard, prior 2018 periods have been recast to reflect the effects of this adoption. See Note 1(b) and Note 4 for further discussion of the New Lease Standard.