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Special Items, Net
12 Months Ended
Dec. 31, 2025
Restructuring Cost and Reserve [Line Items]  
Special Items, Net Special Items, Net
Special items, net on our consolidated statements of operations consisted of the following (in millions):
 Year Ended December 31,
 202520242023
Litigation reserve adjustments$77 $— $— 
Labor contract expenses (1)
31 605 989 
Severance expenses44 13 23 
A330 fleet-related adjustments (2)
— (42)— 
Other operating special items, net34 (41)
Mainline operating special items, net159 610 971 
Regional operating special items, net (3)
33 
Operating special items, net162 643 979 
Mark-to-market adjustments on equity investments, net (4)
(40)82 
Debt refinancing and extinguishment (5)
22 16 280 
Other nonoperating special items, net18 — — 
Nonoperating special items, net— 24 362 
(1)Labor contract expenses for 2025 included a one-time charge resulting from adjustments to vacation accruals due to pay rate increases effective January 1, 2025, following the ratification of the contract extension in the fourth quarter of 2024 with our mainline maintenance and fleet service team members.
Labor contract expenses for 2024 included one-time charges resulting from the ratifications of new collective bargaining agreements (CBAs) with our mainline flight attendants and passenger service team members, including one-time payments and adjustments to vacation accruals resulting from pay rate increases.
Labor contract expenses for 2023 included one-time charges resulting from the ratification of a new CBA with our mainline pilots, including a one-time payment of $754 million as well as adjustments to other benefit-related items of $235 million.
(2)In 2024, we entered into a sales agreement for certain Airbus A330 aircraft, resulting in a $42 million gain. These aircraft were previously retired in 2020 as a result of the decline in demand for air travel due to the COVID-19 pandemic.
(3)Regional operating special items, net for 2024 included a $33 million non-cash write down of regional aircraft resulting from the decision to permanently park 43 Embraer ERJ145 aircraft.
(4)Mark-to-market adjustments on equity investments, net included net unrealized gains and losses associated with certain equity investments. See Note 8 for further information related to our equity investments.
(5)Debt refinancing and extinguishment costs in 2023 primarily included cash charges for premiums paid in connection with the early repayment of debt.
American Airlines, Inc.  
Restructuring Cost and Reserve [Line Items]  
Special Items, Net Special Items, Net
Special items, net on American’s consolidated statements of operations consisted of the following (in millions):
 Year Ended December 31,
 202520242023
Litigation reserve adjustments$77 $— $— 
Labor contract expenses (1)
31 605 989 
Severance expenses44 13 23 
A330 fleet-related adjustments (2)
— (42)— 
Other operating special items, net34 (41)
Mainline operating special items, net159 610 971 
Regional operating special items, net (3)
33 — 
Operating special items, net162 643 971 
Mark-to-market adjustments on equity investments, net (4)
(40)82 
Debt refinancing and extinguishment (5)
22 16 280 
Other nonoperating special items, net18 — — 
Nonoperating special items, net— 24 362 
(1)Labor contract expenses for 2025 included a one-time charge resulting from adjustments to vacation accruals due to pay rate increases effective January 1, 2025, following the ratification of the contract extension in the fourth quarter of 2024 with American’s mainline maintenance and fleet service team members.
Labor contract expenses for 2024 included one-time charges resulting from the ratifications of new collective bargaining agreements (CBAs) with American’s mainline flight attendants and passenger service team members, including one-time payments and adjustments to vacation accruals resulting from pay rate increases.
Labor contract expenses for 2023 included one-time charges resulting from the ratification of a new CBA with American’s mainline pilots, including a one-time payment of $754 million as well as adjustments to other benefit-related items of $235 million.
(2)In 2024, American entered into a sales agreement for certain Airbus A330 aircraft, resulting in a $42 million gain. These aircraft were previously retired in 2020 as a result of the decline in demand for air travel due to the COVID-19 pandemic.
(3)Regional operating special items, net for 2024 included a $33 million non-cash write down of regional aircraft resulting from the decision to permanently park 43 Embraer ERJ145 aircraft.
(4)Mark-to-market adjustments on equity investments, net included net unrealized gains and losses associated with certain equity investments. See Note 7 for further information related to American’s equity investments.
(5)Debt refinancing and extinguishment costs in 2023 primarily included cash charges for premiums paid in connection with the early repayment of debt.