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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2024
Entity Information [Line Items]  
Schedule of Revenue
The following are the significant categories comprising our operating revenues (in millions):
 Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
Passenger revenue:
Passenger travel$12,212 $12,057 $22,795 $22,348 
Loyalty revenue - travel (1)
990 921 1,866 1,733 
Total passenger revenue13,202 12,978 24,661 24,081 
Cargo195 197 382 420 
Other:
Loyalty revenue - marketing services 799 741 1,584 1,463 
Other revenue138 139 277 280 
Total other revenue937 880 1,861 1,743 
Total operating revenues$14,334 $14,055 $26,904 $26,244 
(1)Loyalty revenue included in passenger revenue is principally comprised of mileage credit redemptions, which were earned from travel or co-branded credit card and other partners.
The following is our total passenger revenue by geographic region (in millions):
 Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
Domestic$9,342 $9,195 $17,604 $17,232 
Latin America1,562 1,640 3,464 3,555 
Atlantic
2,019 1,888 3,012 2,819 
Pacific279 255 581 475 
Total passenger revenue$13,202 $12,978 $24,661 $24,081 
Schedule of Contract Liabilities
June 30, 2024December 31, 2023
(In millions)
Loyalty program liability$9,650 $9,327 
Air traffic liability8,030 6,200 
Total$17,680 $15,527 
Changes in loyalty program liability are as follows (in millions):
Balance at December 31, 2023$9,327 
Deferral of revenue2,168 
Recognition of revenue (1)
(1,845)
Balance at June 30, 2024 (2)
$9,650 
(1)Principally relates to revenue recognized from the redemption of mileage credits for air travel, non-air travel and other awards. Mileage credits are combined in one homogenous pool and are not separately identifiable. As such, the revenue is comprised of mileage credits that were part of the loyalty program deferred revenue balance at the beginning of the period, as well as mileage credits that were issued during the period.
(2)Mileage credits can be redeemed at any time and generally do not expire as long as that AAdvantage member has any type of qualifying activity at least every 24 months or if the AAdvantage member is the primary holder of a co-branded credit card. As of June 30, 2024, our current loyalty program liability was $3.6 billion and represents our current estimate of revenue expected to be recognized in the next 12 months based on historical trends, with the balance reflected in long-term loyalty program liability expected to be recognized as revenue in periods thereafter.
American Airlines, Inc.  
Entity Information [Line Items]  
Schedule of Revenue
The following are the significant categories comprising American’s operating revenues (in millions):
 Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
Passenger revenue:
Passenger travel$12,212 $12,057 $22,795 $22,348 
Loyalty revenue - travel (1)
990 921 1,866 1,733 
Total passenger revenue13,202 12,978 24,661 24,081 
Cargo195 197 382 420 
Other:
Loyalty revenue - marketing services799 741 1,585 1,463 
Other revenue137 138 274 278 
Total other revenue936 879 1,859 1,741 
Total operating revenues$14,333 $14,054 $26,902 $26,242 
(1)Loyalty revenue included in passenger revenue is principally comprised of mileage credit redemptions, which were earned from travel or co-branded credit card and other partners.
The following is American’s total passenger revenue by geographic region (in millions):
 Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
Domestic$9,342 $9,195 $17,604 $17,232 
Latin America1,562 1,640 3,464 3,555 
Atlantic
2,019 1,888 3,012 2,819 
Pacific279 255 581 475 
Total passenger revenue$13,202 $12,978 $24,661 $24,081 
Schedule of Contract Liabilities
June 30, 2024December 31, 2023
(In millions)
Loyalty program liability$9,650 $9,327 
Air traffic liability8,030 6,200 
Total$17,680 $15,527 
The balance of the loyalty program liability fluctuates based on seasonal patterns, which impact the volume of mileage credits issued through travel or sold to co-branded credit card and other partners (deferral of revenue) and mileage credits redeemed (recognition of revenue). Changes in loyalty program liability are as follows (in millions):
Balance at December 31, 2023$9,327 
Deferral of revenue2,168 
Recognition of revenue (1)
(1,845)
Balance at June 30, 2024 (2)
$9,650 
(1)Principally relates to revenue recognized from the redemption of mileage credits for air travel, non-air travel and other awards. Mileage credits are combined in one homogenous pool and are not separately identifiable. As such, the revenue is comprised of mileage credits that were part of the loyalty program deferred revenue balance at the beginning of the period, as well as mileage credits that were issued during the period.
(2)Mileage credits can be redeemed at any time and generally do not expire as long as that AAdvantage member has any type of qualifying activity at least every 24 months or if the AAdvantage member is the primary holder of a co-branded credit card. As of June 30, 2024, American’s current loyalty program liability was $3.6 billion and represents American’s current estimate of revenue expected to be recognized in the next 12 months based on historical trends, with the balance reflected in long-term loyalty program liability expected to be recognized as revenue in periods thereafter.