v3.24.0.1
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
OPERATING REVENUES      
Total operating revenue $ 9,615 $ 9,158 $ 6,037
OPERATING EXPENSES      
Aircraft fuel and related taxes 2,720 3,105 1,436
Salaries, wages and benefits 3,055 2,747 2,358
Landing fees and other rents 657 544 628
Depreciation and amortization 621 585 540
Aircraft rent 126 114 99
Sales and marketing 316 289 183
Maintenance, materials and repairs 654 591 626
Special items 197 113 (833)
Other operating expenses 1,499 1,368 1,080
Total operating expenses 9,845 9,456 6,117
OPERATING LOSS (230) (298) (80)
OTHER INCOME (EXPENSE)      
Interest expense (210) (166) (192)
Interest income 89 39 17
Gain (loss) on investments, net 9 (9) 47
Other 8 (3) (55)
Total other expense (104) (139) (183)
LOSS BEFORE INCOME TAXES (334) (437) (263)
Income tax benefit 24 75 81
NET LOSS $ (310) $ (362) $ (182)
LOSS PER COMMON SHARE      
Basic (in dollars per share) $ (0.93) $ (1.12) $ (0.57)
Diluted (in dollars per share) $ (0.93) $ (1.12) $ (0.57)
Passenger      
OPERATING REVENUES      
Total operating revenue $ 9,008 $ 8,586 $ 5,609
Other      
OPERATING REVENUES      
Total operating revenue $ 607 $ 572 $ 428