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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating revenues:        
Operating revenues $ 7,478 $ 1,622 $ 11,486 $ 10,137
Operating expenses:        
Aircraft fuel and related taxes 1,611 309 2,644 2,092
Salaries, wages and benefits 2,862 2,610 5,593 5,830
Regional expenses 635 492 1,261 1,632
Maintenance, materials and repairs 459 287 835 915
Other rent and landing fees 686 413 1,256 1,024
Aircraft rent 356 334 706 669
Selling expenses 277 57 427 442
Depreciation and amortization 481 499 959 1,059
Special items, net (1,288) (1,494) (2,996) (362)
Other 958 601 1,675 1,870
Total operating expenses 7,037 4,108 12,360 15,171
Operating income (loss) 441 (2,486) (874) (5,034)
Nonoperating income (expense):        
Interest income 5 10 8 31
Interest expense, net (486) (254) (856) (512)
Other income (expense), net 49 71 158 (34)
Total nonoperating expense, net (432) (173) (690) (515)
Income (loss) before income taxes 9 (2,659) (1,564) (5,549)
Income tax benefit (10) (592) (333) (1,241)
Net income (loss) $ 19 $ (2,067) $ (1,231) $ (4,308)
Earnings (loss) per common share:        
Basic (in dollars per share) $ 0.03 $ (4.82) $ (1.92) $ (10.08)
Diluted (in dollars per share) $ 0.03 $ (4.82) $ (1.92) $ (10.08)
Weighted average shares outstanding (in thousands):        
Basic (in shares) 644,123 428,807 639,366 427,260
Diluted (in shares) 656,372 428,807 639,366 427,260
Cash dividends declared per common share (in dollars per share) $ 0 $ 0 $ 0 $ 0.10
Passenger        
Operating revenues:        
Operating revenues $ 6,545 $ 1,108 $ 9,724 $ 8,788
Cargo        
Operating revenues:        
Operating revenues 326 130 641 277
Other        
Operating revenues:        
Operating revenues 607 384 1,121 1,072
American Airlines, Inc.        
Operating revenues:        
Operating revenues 7,478 1,622 11,485 10,136
Operating expenses:        
Aircraft fuel and related taxes 1,611 309 2,644 2,092
Salaries, wages and benefits 2,860 2,610 5,590 5,827
Regional expenses 639 447 1,264 1,555
Maintenance, materials and repairs 459 287 835 915
Other rent and landing fees 686 413 1,256 1,024
Aircraft rent 356 334 706 669
Selling expenses 277 57 427 442
Depreciation and amortization 481 499 959 1,059
Special items, net (1,288) (1,494) (2,996) (362)
Other 958 601 1,676 1,891
Total operating expenses 7,039 4,063 12,361 15,112
Operating income (loss) 439 (2,441) (876) (4,976)
Nonoperating income (expense):        
Interest income 9 92 18 196
Interest expense, net (447) (255) (780) (515)
Other income (expense), net 49 72 158 (33)
Total nonoperating expense, net (389) (91) (604) (352)
Income (loss) before income taxes 50 (2,532) (1,480) (5,328)
Income tax benefit (1) (564) (315) (1,191)
Net income (loss) 51 (1,968) (1,165) (4,137)
American Airlines, Inc. | Passenger        
Operating revenues:        
Operating revenues 6,545 1,108 9,724 8,788
American Airlines, Inc. | Cargo        
Operating revenues:        
Operating revenues 326 130 641 277
American Airlines, Inc. | Other        
Operating revenues:        
Operating revenues $ 607 $ 384 $ 1,120 $ 1,071