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Condensed Consolidated Statements of Operations - American Airlines Group Inc. - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating revenues:                
Total operating revenues $ 13,482     $ 13,462     $ 39,726 $ 35,783
Operating expenses:                
Aircraft fuel and related taxes 3,209     3,847     9,098 10,369
Salaries, wages and benefits 3,974     3,384     10,891 9,773
Regional expenses 1,168     1,174     3,463 3,298
Maintenance, materials and repairs 870     685     2,389 1,949
Other rent and landing fees 745     710     2,214 2,081
Aircraft rent 342     347     1,031 1,045
Selling expenses 430     495     1,357 1,331
Depreciation and amortization 487     491     1,456 1,486
Special items, net 949     37     962 189
Other 1,531     1,362     4,487 4,037
Total operating expenses 13,705     12,532     37,348 35,558
Operating income (loss) (223)     930     2,378 225
Nonoperating income (expense):                
Interest income 168     70     456 107
Interest expense, net (537)     (499)     (1,626) (1,430)
Other income (expense), net (98)     157     (119) 274
Total nonoperating expense, net (467)     (272)     (1,289) (1,049)
Income (loss) before income taxes (690)     658     1,089 (824)
Income tax provision (benefit) (145)     175     286 (148)
Net income (loss) $ (545) $ 1,338 $ 10 $ 483 $ 476 $ (1,635) $ 803 $ (676)
Earnings (loss) per common share:                
Basic (in dollars per share) $ (0.83)     $ 0.74     $ 1.23 $ (1.04)
Diluted (in dollars per share) $ (0.83)     $ 0.69     $ 1.16 $ (1.04)
Weighted average shares outstanding (in thousands):                
Basic (in shares) 654,119     650,586     653,241 650,145
Diluted (in shares) 654,119     715,985     719,956 650,145
Passenger                
Operating revenues:                
Total operating revenues $ 12,421     $ 12,396     $ 36,502 $ 32,438
Cargo                
Operating revenues:                
Total operating revenues 193     279     613 970
Other                
Operating revenues:                
Total operating revenues $ 868     $ 787     $ 2,611 $ 2,375