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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, 2024
Mar. 31, 2024
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating revenues:            
Total operating revenues $ 14,334   $ 14,055   $ 26,904 $ 26,244
Operating expenses:            
Aircraft fuel and related taxes 3,061   2,723   6,042 5,890
Salaries, wages and benefits 3,953   3,635   7,820 6,917
Regional expenses 1,268   1,153   2,469 2,295
Maintenance, materials and repairs 950   808   1,834 1,520
Other rent and landing fees 834   762   1,653 1,470
Aircraft rent 314   344   642 688
Selling expenses 456   489   864 927
Depreciation and amortization 474   483   944 969
Special items, net 0   0   70 13
Other 1,640   1,495   3,175 2,955
Total operating expenses 12,950   11,892   25,513 23,644
Operating income 1,384   2,163   1,391 2,600
Nonoperating income (expense):            
Interest income 128   162   246 288
Interest expense, net (486)   (548)   (984) (1,088)
Other income (expense), net 2   (14)   (38) (21)
Total nonoperating expense, net (356)   (400)   (776) (821)
Income before income taxes 1,028   1,763   615 1,779
Income tax provision 311   425   210 431
Net income $ 717 $ (312) $ 1,338 $ 10 $ 405 $ 1,348
Earnings per common share:            
Basic (in dollars per share) $ 1.09   $ 2.05   $ 0.62 $ 2.06
Diluted (in dollars per share) $ 1.01   $ 1.88   $ 0.59 $ 1.91
Weighted average shares outstanding (in thousands):            
Basic (in shares) 656,965   653,602   656,406 652,801
Diluted (in shares) 720,302   719,345   720,712 718,890
Passenger            
Operating revenues:            
Total operating revenues $ 13,202   $ 12,978   $ 24,661 $ 24,081
Cargo            
Operating revenues:            
Total operating revenues 195   197   382 420
Other            
Operating revenues:            
Total operating revenues $ 937   $ 880   $ 1,861 $ 1,743