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OPERATING SEGMENT INFORMATION (Tables) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Segment Reporting [Abstract]        
Schedule of Segment Reporting Information, by Segment
Operating segment information is as follows (in millions):
Three Months Ended June 30, 2024
MainlineRegionalHorizon
Consolidating & Other(a)
Air Group Adjusted(b)
Special Items(c)
Consolidated
Operating Revenue   
Passenger revenue$2,188 $463 $— $— $2,651 $— $2,651 
CPA revenue— — 112 (112)— — — 
Mileage Plan other revenue160 14 — — 174 — 174 
Cargo and other revenue69 — — 72 — 72 
Total Operating Revenue2,417 477 112 (109)2,897 — 2,897 
Operating Expenses
Operating expenses, excluding fuel1,516 322 92 (116)1,814 146 1,960 
Fuel expense520 100 — — 620 (5)615 
Total Operating Expenses2,036 422 92 (116)2,434 141 2,575 
Non-operating Income (Expense)— (12)— (6)— (6)
Income (Loss) Before Income Tax$387 $55 $$$457 $(141)$316 
Pretax Margin15.8 %10.9 %
Three Months Ended June 30, 2023
MainlineRegionalHorizon
Consolidating & Other(a)
Air Group Adjusted(b)
Special Items(c)
Consolidated
Operating Revenue
Passenger revenue$2,209 $389 $— $— $2,598 $— $2,598 
CPA revenue— — 92 (92)— — — 
Mileage Plan other revenue158 12 — — 170 — 170 
Cargo and other revenue67 — — 70 — 70 
Total Operating Revenue2,434 401 92 (89)2,838 — 2,838 
Operating Expenses
Operating expenses, excluding fuel1,468 279 87 (92)1,742 186 1,928 
Fuel expense490 81 — 572 573 
Total Operating Expenses1,958 360 87 (91)2,314 187 2,501 
Non-operating Income (Expense)— (10)(6)(6)(12)
Income (Loss) Before Income Tax$479 $41 $(5)$$518 $(193)$325 
Pretax Margin18.3 %11.5 %
Six Months Ended June 30, 2024
MainlineRegionalHorizon
Consolidating & Other(a)
Air Group Adjusted(b)
Special Items(c)
Consolidated
Operating Revenue   
Passenger revenue$3,817 $838 $— $— $4,655 $— $4,655 
CPA revenue— — 216 (216)— — — 
Mileage Plan other revenue309 29 — — 338 — 338 
Cargo and other revenue131 — — 136 — 136 
Total Operating Revenue4,257 867 216 (211)5,129 — 5,129 
Operating Expenses
Operating expenses, excluding fuel3,030 621 180 (218)3,613 180 3,793 
Fuel expense1,005 193 — — 1,198 (18)1,180 
Total Operating Expenses4,035 814 180 (218)4,811 162 4,973 
Non-operating Income (Expense)— (23)(18)— (18)
Income (Loss) Before Income Tax$225 $53 $13 $$300 $(162)$138 
Pretax Margin5.8 %2.7 %

Six Months Ended June 30, 2023
MainlineRegionalHorizon
Consolidating & Other(a)
Air Group Adjusted(b)
Special Items(c)
Consolidated
Operating Revenue
Passenger revenue$3,882 $700 $— $— $4,582 $— $4,582 
CPA revenue— — 170 (170)— — — 
Mileage Plan other revenue301 23 — — 324 — 324 
Cargo and other revenue124 — — 128 — 128 
Total Operating Revenue4,307 723 170 (166)5,034 — 5,034 
Operating Expenses
Operating expenses, excluding fuel2,858 535 171 (169)3,395 250 3,645 
Fuel expense1,051 166 — — 1,217 21 1,238 
Total Operating Expenses3,909 701 171 (169)4,612 271 4,883 
Non-operating Income (Expense)(3)— (18)(19)(6)(25)
Income (Loss) Before Income Tax$395 $22 $(19)$$403 $(277)$126 
Pretax Margin8.0 %2.5 %
     
Nonoperating Income (Expense) $ (6) $ (12) $ (18) $ (25)
Interest income 24 22 41 39
Operating Expenses, Excluding Fuel 1,960 1,928 3,793 3,645
Economic fuel 615 573 1,180 1,238
Operating Expenses 2,575 2,501 4,973 4,883
Income (Loss) Before Income Tax $ 316 $ 325 $ 138 $ 126
Pretax Margin, GAAP 10.90% 11.50% 2.70% 2.50%
Pretax Margin, Adjusted 15.80% 18.30% 5.80% 8.00%