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Investments (Tables)
 9 Months Ended
Sep. 30, 2025
Schedule of Investments [Line Items]  
Schedule of Equity Investment Ownership Interests and Carrying Values
Our equity investment ownership interests and carrying values are as follows:
Ownership InterestCarrying Value (in millions)
Accounting TreatmentSeptember 30, 2025December 31, 2024September 30, 2025December 31, 2024
Republic Airways Holdings Inc.Equity Method25.0 %25.0 %$270 $253 
China Southern AirlinesFair Value1.5 %1.5 %145 142 
Other investments (1)
Various148 120 
Total$563 $515 
(1)Primarily includes our investment in JetSMART Holdings Limited, which is accounted for under the equity method.
American Airlines, Inc.  
Schedule of Investments [Line Items]  
Schedule of Equity Investment Ownership Interests and Carrying Values
American’s equity investment ownership interests and carrying values are as follows:
Ownership InterestCarrying Value (in millions)
Accounting TreatmentSeptember 30, 2025December 31, 2024September 30, 2025December 31, 2024
Republic Airways Holdings Inc.Equity Method25.0 %25.0 %$270 $253 
China Southern AirlinesFair Value1.5 %1.5 %145 142 
Other investments (1)
Various148 120 
Total$563 $515 
(1)Primarily includes American’s investment in JetSMART Holdings Limited, which is accounted for under the equity method.