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Consolidated Statements of Operations - American Airlines Group Inc. - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating revenues:      
Total operating revenues $ 54,633 $ 54,211 $ 52,788
Operating expenses:      
Aircraft fuel and related taxes 10,718 11,418 12,257
Salaries, wages and benefits 17,566 16,021 14,580
Regional expenses 5,448 5,042 4,643
Maintenance, materials and repairs 3,844 3,794 3,265
Other rent and landing fees 3,476 3,303 2,928
Aircraft rent 1,220 1,242 1,369
Selling expenses 1,997 1,812 1,799
Depreciation and amortization 1,890 1,926 1,936
Special items, net 159 610 971
Other 6,848 6,429 6,006
Total operating expenses 53,166 51,597 49,754
Operating income 1,467 2,614 3,034
Nonoperating income (expense):      
Interest income 357 468 591
Interest expense, net (1,716) (1,934) (2,145)
Other income (expense), net 82 6 (359)
Total nonoperating expense, net (1,277) (1,460) (1,913)
Income before income taxes 190 1,154 1,121
Income tax provision 79 308 299
Net income $ 111 $ 846 $ 822
Earnings per common share:      
Basic (in dollars per share) $ 0.17 $ 1.29 $ 1.26
Diluted (in dollars per share) $ 0.17 $ 1.24 $ 1.21
Weighted average shares outstanding (in thousands):      
Basic (in shares) 659,964 656,996 653,612
Diluted (in shares) 661,052 721,300 719,669
Passenger      
Operating revenues:      
Total operating revenues $ 49,643 $ 49,586 $ 48,512
Cargo      
Operating revenues:      
Total operating revenues 839 804 812
Other      
Operating revenues:      
Total operating revenues $ 4,151 $ 3,821 $ 3,464