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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Operating revenues:        
Operating revenues $ 8,969 $ 3,173 $ 20,455 $ 13,309
Operating expenses:        
Aircraft fuel and related taxes 1,952 611 4,596 2,703
Salaries, wages and benefits 3,018 2,763 8,611 8,592
Regional expenses 887 529 2,148 2,161
Maintenance, materials and repairs 548 337 1,383 1,253
Other rent and landing fees 694 472 1,950 1,495
Aircraft rent 358 336 1,064 1,004
Selling expenses 318 97 745 540
Depreciation and amortization 480 498 1,439 1,557
Special items, net (990) (295) (3,986) (657)
Other 1,109 696 2,784 2,567
Total operating expenses 8,374 6,044 20,734 21,215
Operating income (loss) 595 (2,871) (279) (7,906)
Nonoperating income (expense):        
Interest income 5 5 13 36
Interest expense, net (476) (340) (1,332) (851)
Other income, net 82 111 241 77
Total nonoperating expense, net (389) (224) (1,078) (738)
Income (loss) before income taxes 206 (3,095) (1,357) (8,644)
Income tax provision (benefit) 37 (696) (296) (1,937)
Net income (loss) $ 169 $ (2,399) $ (1,061) $ (6,707)
Earnings (loss) per common share:        
Basic (in dollars per share) $ 0.26 $ (4.71) $ (1.65) $ (14.76)
Diluted (in dollars per share) $ 0.25 $ (4.71) $ (1.65) $ (14.76)
Weighted average shares outstanding (in thousands):        
Basic (in shares) 648,564 509,049 642,432 454,523
Diluted (in shares) 721,142 509,049 642,432 454,523
Cash dividends declared per common share (in dollars per share) $ 0 $ 0 $ 0 $ 0.10
Passenger        
Operating revenues:        
Operating revenues $ 7,957 $ 2,540 $ 17,682 $ 11,328
Cargo        
Operating revenues:        
Operating revenues 332 207 973 484
Other        
Operating revenues:        
Operating revenues 680 426 1,800 1,497
American Airlines, Inc.        
Operating revenues:        
Operating revenues 8,968 3,172 20,454 13,308
Operating expenses:        
Aircraft fuel and related taxes 1,952 611 4,596 2,703
Salaries, wages and benefits 3,017 2,762 8,607 8,589
Regional expenses 789 467 2,053 2,022
Maintenance, materials and repairs 548 337 1,383 1,253
Other rent and landing fees 694 472 1,950 1,495
Aircraft rent 358 336 1,064 1,004
Selling expenses 318 97 745 540
Depreciation and amortization 480 498 1,439 1,557
Special items, net (990) (295) (3,986) (657)
Other 1,109 696 2,785 2,588
Total operating expenses 8,275 5,981 20,636 21,094
Operating income (loss) 693 (2,809) (182) (7,786)
Nonoperating income (expense):        
Interest income 8 72 26 268
Interest expense, net (435) (310) (1,214) (825)
Other income, net 82 111 239 78
Total nonoperating expense, net (345) (127) (949) (479)
Income (loss) before income taxes 348 (2,936) (1,131) (8,265)
Income tax provision (benefit) 68 (660) (247) (1,852)
Net income (loss) 280 (2,276) (884) (6,413)
American Airlines, Inc. | Passenger        
Operating revenues:        
Operating revenues 7,957 2,540 17,682 11,328
American Airlines, Inc. | Cargo        
Operating revenues:        
Operating revenues 332 207 973 484
American Airlines, Inc. | Other        
Operating revenues:        
Operating revenues $ 679 $ 425 $ 1,799 $ 1,496