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Condensed Consolidated Statements of Operations - American Airlines Group Inc. - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating revenues:            
Operating revenues $ 14,055   $ 13,422   $ 26,244 $ 22,321
Operating expenses:            
Aircraft fuel and related taxes 2,723   4,020   5,890 6,522
Salaries, wages and benefits 3,635   3,235   6,917 6,389
Regional expenses 1,153   1,072   2,295 2,124
Maintenance, materials and repairs 808   647   1,520 1,264
Other rent and landing fees 762   694   1,470 1,372
Aircraft rent 344   345   688 698
Selling expenses 489   504   927 836
Depreciation and amortization 483   504   969 995
Special items, net 0   (5)   13 152
Other 1,495   1,389   2,955 2,675
Total operating expenses 11,892   12,405   23,644 23,027
Operating income (loss) 2,163   1,017   2,600 (706)
Nonoperating income (expense):            
Interest income 162   29   288 37
Interest expense, net (548)   (468)   (1,088) (932)
Other income (expense), net (14)   25   (21) 118
Total nonoperating expense, net (400)   (414)   (821) (777)
Income (loss) before income taxes 1,763   603   1,779 (1,483)
Income tax provision (benefit) 425   127   431 (324)
Net income (loss) $ 1,338 $ 10 $ 476 $ (1,635) $ 1,348 $ (1,159)
Earnings (loss) per common share:            
Basic (in dollars per share) $ 2.05   $ 0.73   $ 2.06 $ (1.78)
Diluted (in dollars per share) $ 1.88   $ 0.68   $ 1.91 $ (1.78)
Weighted average shares outstanding (in thousands):            
Basic (in shares) 653,602   650,346   652,801 649,925
Diluted (in shares) 719,345   718,532   718,890 649,925
Passenger            
Operating revenues:            
Operating revenues $ 12,978   $ 12,223   $ 24,081 $ 20,041
Cargo            
Operating revenues:            
Operating revenues 197   328   420 692
Other            
Operating revenues:            
Operating revenues $ 880   $ 871   $ 1,743 $ 1,588