XML 57 R36.htm IDEA: XBRL DOCUMENT v3.25.1
Revenue Recognition (Tables)
 3 Months Ended
Mar. 31, 2025
Entity Information [Line Items]  
Schedule of Revenue
The following are the significant categories comprising our operating revenues (in millions):
 Three Months Ended March 31,
 20252024
Passenger revenue:
Passenger travel$10,475 $10,582 
Loyalty revenue - travel (1)
916 876 
Total passenger revenue11,391 11,458 
Cargo189 187 
Other:
Loyalty revenue - marketing services 823 786 
Other revenue148 139 
Total other revenue971 925 
Total operating revenues$12,551 $12,570 
(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 March 31,
 20252024
Domestic$8,127 $8,262 
Latin America1,906 1,902 
Atlantic
965 992 
Pacific393 302 
Total passenger revenue$11,391 $11,458 
Schedule of Contract Liabilities
March 31, 2025December 31, 2024
(In millions)
Loyalty program liability$10,371 $10,054 
Air traffic liability8,932 6,759 
Total$19,303 $16,813 
Changes in loyalty program liability are as follows (in millions):
Balance at December 31, 2024$10,054 
Deferral of revenue1,204 
Recognition of revenue (1)
(887)
Balance at March 31, 2025 (2)
$10,371 
(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 the 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 March 31, 2025, our current loyalty program liability was $3.7 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 March 31,
 20252024
Passenger revenue:
Passenger travel$10,475 $10,582 
Loyalty revenue - travel (1)
916 876 
Total passenger revenue11,391 11,458 
Cargo189 187 
Other:
Loyalty revenue - marketing services823 786 
Other revenue146 138 
Total other revenue969 924 
Total operating revenues$12,549 $12,569 
(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 March 31,
 20252024
Domestic$8,127 $8,262 
Latin America1,906 1,902 
Atlantic
965 992 
Pacific393 302 
Total passenger revenue$11,391 $11,458 
Schedule of Contract Liabilities
March 31, 2025December 31, 2024
(In millions)
Loyalty program liability$10,371 $10,054 
Air traffic liability8,932 6,759 
Total$19,303 $16,813 
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, 2024$10,054 
Deferral of revenue1,204 
Recognition of revenue (1)
(887)
Balance at March 31, 2025 (2)
$10,371 
(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 the 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 March 31, 2025, American’s current loyalty program liability was $3.7 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.