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Investments (Tables)
12 Months Ended
Dec. 31, 2023
Schedule of Investments [Line Items]  
Schedule of Equity Investments
Our equity investments ownership interest and carrying value were as follows:
Ownership InterestCarrying Value (in millions)
December 31,December 31,
Accounting Treatment2023202220232022
Republic HoldingsEquity Method25.0 %25.0 %$240 $222 
China Southern AirlinesFair Value1.5 %1.5 %115 176 
Other investments (1)
Various186 212 
Total$541 $610 
(1)Primarily includes our investment in JetSMART Holdings Limited, which is accounted for under the equity method, and our investments in GOL and Vertical, which are each accounted for at fair value.
American Airlines, Inc.  
Schedule of Investments [Line Items]  
Schedule of Equity Investments
American’s equity investments ownership interest and carrying value were as follows:
Ownership InterestCarrying Value (in millions)
December 31,December 31,
Accounting Treatment2023202220232022
Republic HoldingsEquity Method25.0 %25.0 %$240 $222 
China Southern AirlinesFair Value1.5 %1.5 %115 176 
Other investments (1)
Various186 212 
Total$541 $610 
(1)Primarily includes American’s investment in JetSMART Holdings Limited, which is accounted for under the equity method, and American’s investments in GOL and Vertical, which are each accounted for at fair value.