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Special Items, Net (Tables)
 12 Months Ended
Dec. 31, 2024
Restructuring Cost and Reserve [Line Items]  
Components of Special Items, Net Included in Consolidated Statements of Operations
Special items, net on our consolidated statements of operations consisted of the following (in millions):
 Year Ended December 31,
 202420232022
Labor contract expenses (1)
$605 $989 $— 
A330 fleet-related adjustments (2)
(42)— 149 
Severance expenses13 23 — 
Litigation reserve adjustments— — 37 
Other operating special items, net34 (41)7 
Mainline operating special items, net610 971 193 
Regional operating special items, net (3)
33 8 5 
Operating special items, net643 979 198 
Debt refinancing and extinguishment (4)
16 280 3 
Mark-to-market adjustments on equity investments, net (5)
8 82 71 
Nonoperating special items, net24 362 74 
Income tax special items, net— — (9)
(1)Labor contract expenses for 2024 related to one-time charges resulting from the ratification of new collective bargaining agreements (CBAs) with our mainline flight attendants and passenger service team members, including one-time payments and adjustments to vacation accruals resulting from pay rate increases.
Labor contract expenses for 2023 related to one-time charges resulting from the ratification of a new CBA with our mainline pilots, including a one-time payment of $754 million as well as adjustments to other benefit-related items of $235 million.
(2)We retired our Airbus A330 fleet in 2020 as a result of the decline in demand for air travel due to the COVID-19 pandemic. In 2022, we recorded a non-cash impairment charge to write down the carrying value of our retired Airbus A330 fleet to their then estimated fair value due to the market conditions for certain used aircraft, and in 2024, we entered into a sales agreement for our remaining Airbus A330 aircraft, resulting in a $42 million gain.
(3)Regional operating special items, net for 2024 included a $33 million non-cash write down of regional aircraft resulting from the decision to permanently park 43 Embraer 145 aircraft.
(4)Debt refinancing and extinguishment costs in 2023 primarily included cash charges for premiums paid in connection with the early repayment of debt.
(5)Mark-to-market adjustments on equity investments, net included net unrealized gains and losses associated with certain equity investments. See Note 8 for further information related to our equity investments.
American Airlines, Inc.  
Restructuring Cost and Reserve [Line Items]  
Components of Special Items, Net Included in Consolidated Statements of Operations
Special items, net on American’s consolidated statements of operations consisted of the following (in millions):
 Year Ended December 31,
 202420232022
Labor contract expenses (1)
$605 $989 $— 
A330 fleet-related adjustments (2)
(42)— 149 
Severance expenses13 23 — 
Litigation reserve adjustments— — 37 
Other operating special items, net34 (41)7 
Mainline operating special items, net610 971 193 
Regional operating special items, net (3)
33 — — 
Operating special items, net643 971 193 
Debt refinancing and extinguishment (4)
16 280 1 
Mark-to-market adjustments on equity investments, net (5)
8 82 71 
Nonoperating special items, net24 362 72 
Income tax special items, net— — (9)
(1)Labor contract expenses for 2024 related to one-time charges resulting from the ratification of new collective bargaining agreements (CBAs) with American’s mainline flight attendants and passenger service team members, including one-time payments and adjustments to vacation accruals resulting from pay rate increases.
Labor contract expenses for 2023 related to one-time charges resulting from the ratification of a new CBA with American’s mainline pilots, including a one-time payment of $754 million as well as adjustments to other benefit-related items of $235 million.
(2)American retired its Airbus A330 fleet in 2020 as a result of the decline in demand for air travel due to the COVID-19 pandemic. In 2022, American recorded a non-cash impairment charge to write down the carrying value of its retired Airbus A330 fleet to their then estimated fair value due to the market conditions for certain used aircraft, and in 2024, American entered into a sales agreement for its remaining Airbus A330 aircraft, resulting in a $42 million gain.
(3)Regional operating special items, net for 2024 included a $33 million non-cash write down of regional aircraft resulting from the decision to permanently park 43 Embraer 145 aircraft.
(4)Debt refinancing and extinguishment costs in 2023 primarily included cash charges for premiums paid in connection with the early repayment of debt.
(5)Mark-to-market adjustments on equity investments, net included net unrealized gains and losses associated with certain equity investments. See Note 7 for further information related to American’s equity investments.