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Transactions with Related Parties
12 Months Ended
Dec. 31, 2015
Member  
Transactions with Related Parties

19.  Transactions with Related Parties

The following represents the net receivables (payables) to related parties (in millions):

 

     December 31,  
     2015     2014  

American Airlines Group Parent (1)

   $ 4,489      $ 653   

American Airlines Group’s wholly-owned subsidiaries (2)

     (2,508     (2,356
  

 

 

   

 

 

 

Total

   $ 1,981      $ (1,703
  

 

 

   

 

 

 

 

(1)

The increase in net related party receivables between American and American Airlines Group Parent is primarily due to American providing the funding for share repurchases performed by the AAG parent company.

 

(2)

The net payable to AAG’s wholly-owned subsidiaries consists primarily of amounts due under regional capacity purchase agreements with AAG’s wholly-owned regional airlines operating under the brand name of American Eagle.

Pursuant to a capacity purchase agreement between American and AAG’s wholly-owned regional airlines operating as American Eagle, American purchases all of the capacity from these carriers and recognizes passenger revenue from flights operated by American Eagle. In 2015, 2014 and 2013, American recognized expense of approximately $1.2 billion, $1.2 billion and $1.0 billion, respectively, related to wholly-owned regional airline capacity purchase agreements.