7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 
      
    		                                                             
      net cash from operating activities
    		-46,000,000 963,000,000 2,456,000,000 398,000,000 277,000,000 1,128,000,000 2,180,000,000 -1,351,000,000 58,000,000 1,763,000,000 3,333,000,000 -158,000,000 -593,000,000 1,739,000,000 1,185,000,000 -1,200,000,000 -1,740,000,000 3,470,000,000 174,000,000 -2,863,000,000 -2,604,000,000 -908,000,000 -168,000,000 600,000,000 828,000,000 736,000,000 1,651,000,000 729,000,000 -79,000,000 1,084,000,000 1,799,000,000 437,000,000 369,000,000 1,688,000,000 2,250,000,000 627,000,000 1,064,000,000 2,213,000,000 2,620,000,000 228,000,000 1,180,000,000 2,347,000,000 2,494,000,000 804,000,000 -361,000,000 1,381,000,000 1,256,000,000 -1,128,000,000 -37,000,000 1,157,000,000 683,000,000 -288,000,000 -155,000,000 655,000,000 1,067,000,000 334,000,000 -307,000,000 -55,000,000 708,000,000 151,000,000 -83,000,000 
      cash flows from investing activities:
    		                                                             
      capital expenditures
    		-826,000,000 -499,000,000 -824,000,000 -740,000,000 -468,000,000 -651,000,000 -824,000,000 -843,000,000 -509,000,000 -739,000,000 -505,000,000 -686,000,000 -455,000,000 -598,000,000 -807,000,000 -183,000,000 -143,000,000 99,000,000 19,000,000 -148,000,000 -577,000,000 -388,000,000 -845,000,000 -1,139,000,000 -806,000,000 -1,018,000,000 -1,305,000,000 -1,009,000,000 -1,005,000,000 -952,000,000 -779,000,000 -1,408,000,000 -1,369,000,000 -1,480,000,000 -1,714,000,000 -1,460,000,000 -1,208,000,000 -1,506,000,000 -1,557,000,000 -1,530,000,000 -1,482,000,000 -1,730,000,000 -1,409,000,000 -1,305,000,000 -1,328,000,000 -1,631,000,000 -1,047,000,000           -389,000,000 -359,000,000  -683,000,000 
      free cash flows
    		-872,000,000 464,000,000 1,632,000,000 -342,000,000 -191,000,000 477,000,000 1,356,000,000 -2,194,000,000 -451,000,000 1,024,000,000 2,828,000,000 -844,000,000 -1,048,000,000 1,141,000,000 378,000,000 -1,383,000,000 -1,883,000,000 3,569,000,000 193,000,000 -3,011,000,000 -3,181,000,000 -1,296,000,000 -1,013,000,000 -539,000,000 22,000,000 -282,000,000 346,000,000 -280,000,000 -1,084,000,000 132,000,000 1,020,000,000 -971,000,000 -1,000,000,000 208,000,000 536,000,000 -833,000,000 -144,000,000 707,000,000 1,063,000,000 -1,302,000,000 -302,000,000 617,000,000 1,085,000,000 -501,000,000 -1,689,000,000 -250,000,000 209,000,000           -444,000,000 349,000,000  -766,000,000 
      proceeds from sale-leaseback transactions and sale of property and equipment
    		43,000,000   56,000,000 245,000,000                                                         
      sales of short-term investments
    		1,825,000,000 1,770,000,000 1,349,000,000 2,112,000,000 2,020,000,000 1,296,000,000 2,585,000,000 2,004,000,000 2,201,000,000 1,990,000,000 2,666,000,000 1,560,000,000 3,277,000,000 3,046,000,000 7,089,000,000 6,383,000,000 4,703,000,000 1,422,000,000 1,415,000,000 200,000,000 472,000,000 894,000,000 1,237,000,000 1,620,000,000 913,000,000 560,000,000 1,051,000,000 889,000,000 1,237,000,000 550,000,000 1,029,000,000 1,201,000,000 1,341,000,000 1,713,000,000 1,660,000,000 1,505,000,000 1,777,000,000 1,660,000,000 1,150,000,000 2,350,000,000 2,731,000,000 1,776,000,000 1,660,000,000                   
      purchases of short-term investments
    		-121,000,000 -2,874,000,000 -1,806,000,000 -666,000,000 -1,814,000,000 -1,427,000,000 -3,287,000,000 1,000,000,000 -736,000,000 -2,456,000,000 -5,131,000,000 856,000,000 -2,030,000,000 -3,048,000,000 -7,035,000,000 -4,295,000,000 -1,319,000,000 -5,283,000,000 -8,557,000,000 1,213,000,000 850,000,000 -7,116,000,000 -820,000,000 -306,000,000 -677,000,000 -1,631,000,000 -570,000,000 -822,000,000 -1,406,000,000 68,000,000 -1,252,000,000 -540,000,000 -264,000,000 -1,907,000,000 -1,922,000,000 -1,163,000,000 -1,473,000,000 -1,890,000,000 -1,715,000,000 -409,000,000 -2,624,000,000 -1,619,000,000 -3,474,000,000                   
      decrease (increase) in restricted short-term investments
    		53,000,000           -40,000,000   36,000,000         -1,000,000 0 -1,000,000 -1,000,000                                   
      other investing activities
    		0 287,000,000 -8,000,000 86,000,000 -16,000,000 -3,000,000 -2,000,000 -25,000,000 86,000,000 69,000,000 145,000,000     106,000,000 -25,000,000 -29,000,000 -42,000,000 -41,000,000 -51,000,000 -12,000,000 -49,000,000 -18,000,000 -33,000,000 -21,000,000 -14,000,000 -2,000,000        0 0                         
      net cash from investing activities
    		974,000,000 -1,274,000,000 -1,204,000,000 866,000,000 58,000,000 -376,000,000 -1,516,000,000 2,159,000,000 1,084,000,000 -949,000,000 -2,796,000,000 1,552,000,000 784,000,000 -929,000,000 -771,000,000 1,738,000,000 3,315,000,000 -3,884,000,000 -7,152,000,000 1,696,000,000 923,000,000 -6,799,000,000 -162,000,000 639,000,000 -469,000,000 -1,933,000,000 -480,000,000 -390,000,000 -548,000,000 -79,000,000 -956,000,000 -557,000,000 184,000,000 -1,404,000,000 -1,849,000,000 -1,056,000,000 -871,000,000 -1,657,000,000 -2,114,000,000 438,000,000 -1,337,000,000 -1,493,000,000 -3,202,000,000 -786,000,000 222,000,000 -1,404,000,000 -943,000,000 1,278,000,000 -1,107,000,000 -2,897,000,000 -1,088,000,000 -367,000,000 396,000,000 -615,000,000 -985,000,000 -362,000,000 368,000,000 257,000,000 -1,555,000,000   
      cash flows from financing activities:
    		                                                             
      payments on long-term debt and finance leases
    		-1,722,000,000 -1,003,000,000 -1,362,000,000 -1,769,000,000 -862,000,000 -963,000,000 -873,000,000 -3,094,000,000 -1,378,000,000 -920,000,000 -2,326,000,000 -1,714,000,000 -379,000,000 -998,000,000 -661,000,000 -704,000,000 -1,599,000,000 -986,000,000 -4,054,000,000 -517,000,000 -541,000,000 -1,551,000,000 -926,000,000 -1,355,000,000 -1,054,000,000 -932,000,000 -849,000,000                                   
      proceeds from issuance of long-term debt
    		510,000,000 1,334,000,000 325,000,000 418,000,000 725,000,000 279,000,000 248,000,000 2,498,000,000 181,000,000 319,000,000 1,824,000,000 370,000,000 125,000,000 207,000,000 367,000,000 94,000,000 0 1,235,000,000 10,861,000,000 216,000,000 2,100,000,000 7,766,000,000 1,698,000,000 410,000,000 961,000,000 2,189,000,000 400,000,000 205,000,000 1,257,000,000 656,000,000 236,000,000 898,000,000 535,000,000 726,000,000 899,000,000 2,309,000,000 870,000,000 3,022,000,000 1,500,000,000 546,000,000 2,467,000,000 230,000,000 1,766,000,000 895,000,000 1,873,000,000 310,000,000 224,000,000               
      other financing activities
    		291,000,000 -20,000,000 -186,000,000 56,000,000 -5,000,000 -31,000,000 -17,000,000 -218,000,000 -37,000,000 -18,000,000 -37,000,000 67,000,000 4,000,000 8,000,000 -2,000,000 87,000,000 0 56,000,000 65,000,000    -1,000,000 -1,000,000 0   -16,000,000 2,000,000 9,000,000 2,000,000 6,000,000 12,000,000 5,000,000 4,000,000 8,000,000 -57,000,000 62,000,000 15,000,000 19,000,000 0 16,000,000 18,000,000 -9,000,000 9,000,000                 
      net cash from financing activities
    		-921,000,000 311,000,000 -1,223,000,000 -1,295,000,000 -142,000,000 -715,000,000 -642,000,000 -814,000,000 -1,234,000,000 -619,000,000 -539,000,000 -1,284,000,000 -252,000,000 -785,000,000 -310,000,000 -561,000,000 -1,609,000,000 445,000,000 7,013,000,000 1,269,000,000 1,511,000,000 7,688,000,000 526,000,000 -1,272,000,000 -366,000,000 1,179,000,000 -1,109,000,000 -367,000,000 636,000,000 -1,100,000,000 -841,000,000 75,000,000 -599,000,000 -272,000,000 -349,000,000 370,000,000 -258,000,000 -605,000,000 -401,000,000 -1,292,000,000 221,000,000 -950,000,000 762,000,000 -202,000,000 107,000,000 -26,000,000 -194,000,000 273,000,000 1,257,000,000 1,738,000,000 531,000,000 627,000,000 -104,000,000 -44,000,000 10,000,000 7,000,000 -75,000,000 -170,000,000 965,000,000   
      net increase in cash and restricted cash
    		7,000,000 0 29,000,000 -31,000,000 193,000,000 37,000,000 22,000,000 -6,000,000 -92,000,000 195,000,000 -2,000,000 110,000,000 -61,000,000 25,000,000 104,000,000 -23,000,000 -34,000,000 31,000,000 35,000,000 102,000,000 -170,000,000 -19,000,000 196,000,000 -33,000,000 -7,000,000 -18,000,000 62,000,000  9,000,000 -95,000,000 2,000,000                               
      cash and restricted cash at beginning of period
    		0 0 902,000,000  0 0 681,000,000  0 0 586,000,000  0 0 408,000,000  0 0 399,000,000  0 0 290,000,000  0 0 286,000,000  0 0 398,000,000                               
      cash and restricted cash at end of period
    		7,000,000 0 931,000,000  193,000,000 37,000,000 703,000,000  -92,000,000 195,000,000 584,000,000  -61,000,000 25,000,000 512,000,000  -34,000,000 31,000,000 434,000,000  -170,000,000 -19,000,000 486,000,000  -7,000,000 -18,000,000 348,000,000  9,000,000 -95,000,000 400,000,000                               
      non-cash transactions:
    		                                                             
      right-of-use (rou) assets acquired through operating leases
    		297,000,000 337,000,000 350,000,000  145,000,000 310,000,000 320,000,000  131,000,000 529,000,000 88,000,000  380,000,000 147,000,000 313,000,000  208,000,000 347,000,000 359,000,000  47,000,000 93,000,000 328,000,000                                       
      property and equipment acquired through finance leases and other
    		46,000,000 18,000,000 73,000,000    120,000,000                                                       
      operating leases converted to finance leases
    		21,000,000    0 79,000,000 51,000,000                                                       
      finance leases converted to operating leases
    		2,000,000 0 45,000,000  3,000,000 0 30,000,000  6,000,000 7,000,000 14,000,000                                                   
      supplemental information:
    		                                                             
      interest paid
    		492,000,000 308,000,000 524,000,000  533,000,000 422,000,000 557,000,000  684,000,000 381,000,000 646,000,000  608,000,000 304,000,000 566,000,000  619,000,000 208,000,000 479,000,000  214,000,000 262,000,000 239,000,000  258,000,000 292,000,000 267,000,000  259,000,000 284,000,000 258,000,000  262,000,000 261,000,000 255,000,000                           
      income taxes paid
    		3,000,000 6,000,000 4,000,000  0 1,000,000 5,000,000  1,000,000 2,000,000 1,000,000  0    1,000,000    0 0 2,000,000  1,000,000 1,000,000 3,000,000  3,000,000 10,000,000 3,000,000  6,000,000 5,000,000 4,000,000  3,000,000 3,000,000 4,000,000  12,000,000 7,000,000 3,000,000                   
      decrease in restricted short-term investments
    		  85,000,000 18,000,000 91,000,000 56,000,000 12,000,000    29,000,000                 0 29,000,000 19,000,000 24,000,000                               
      cash flows from operating activities:
    		                                                             
      net income
    		                                                             
      adjustments to reconcile net income to net cash from operating activities:
    		                                                             
      depreciation and amortization
    		                                                             
      debt extinguishment costs
    		                                                             
      special items, net non-cash
    		                                                             
      pension and postretirement
    		                                                             
      deferred income tax provision
    		                                                             
      share-based compensation, non-cash
    		                                                             
      other
    		                                                          -1,000,000   
      changes in operating assets and liabilities:
    		                                                             
      decrease (increase) in accounts receivable
    		                                                             
      increase in other assets
    		                                                             
      increase in accounts payable
    		                                                             
      increase in air traffic liability
    		                                                             
      increase in loyalty program liability
    		                                                             
      contributions to pension plans
    		                                                             
      increase in other liabilities
    		                                                             
      purchase of equity investments
    		           -116,000,000                                                  
      cash and restricted cash at beginning of year
    		                                                             
      cash and restricted cash at end of year
    		                                                             
      property and equipment acquired through debt, finance leases and other
    		    35,000,000                                                         
      share-based compensation
    		                                                             
      increase in accounts payable and accrued liabilities
    		                                                             
      proceeds from sale of property and equipment and sale-leaseback transactions
    		                        134,000,000 178,000,000 359,000,000 347,000,000 602,000,000   116,000,000 518,000,000                             
      proceeds from issuance of equity
    		               0 0 144,000,000 316,000,000 1,443,000,000 0                                         
      property and equipment acquired through debt
    		        0                                                     
      property and equipment acquired through finance leases
    		        17,000,000 11,000,000 6,000,000  62,000,000 1,000,000 58,000,000  66,000,000 39,000,000 22,000,000                                           
      equity investments
    		                                                             
      proceeds from sale-leaseback transactions
    		           40,000,000    13,000,000 5,000,000 64,000,000 99,000,000 232,000,000 57,000,000 96,000,000 280,000,000                                       
      proceeds from sale of property and equipment
    		           24,000,000 18,000,000 11,000,000 8,000,000 12,000,000 20,000,000 53,000,000 108,000,000 100,000,000 103,000,000 113,000,000 35,000,000             65,000,000 28,000,000 26,000,000 4,000,000 12,000,000 1,000,000 18,000,000 4,000,000 9,000,000 15,000,000 6,000,000 3,000,000               
      purchase of equity investment
    		                               0                              
      net gains from sale of property and equipment and sale-leaseback transactions
    		                                                             
      airport construction projects, net of reimbursements
    		           -86,000,000 -118,000,000 -94,000,000 -62,000,000                                               
      deferred financing costs
    		           -2,000,000    -33,000,000 -10,000,000 -4,000,000 -162,000,000 39,000,000 -48,000,000 -53,000,000 -31,000,000 -11,000,000 -28,000,000 -16,000,000 -6,000,000 -11,000,000 -20,000,000 -27,000,000 -1,000,000 -19,000,000 -27,000,000 -8,000,000 -31,000,000 -38,000,000 48,000,000 -67,000,000 -20,000,000 -18,000,000 -29,000,000 -15,000,000 -25,000,000 -77,000,000 -22,000,000 0 -7,000,000               
      shares withheld for taxes pursuant to employee stock plans and treasury stock repurchases
    		                                                             
      dividend payments
    		                   0 0 0 -43,000,000 -43,000,000 -45,000,000 -44,000,000 -46,000,000 -46,000,000 -46,000,000 -46,000,000 -48,000,000 -48,000,000 -48,000,000 -51,000,000 -51,000,000 -52,000,000 -53,000,000 -58,000,000 -61,000,000                       
      shares withheld for taxes pursuant to employee stock plans
    		            0 -2,000,000 -14,000,000                                               
      operating lease conversion to finance lease
    		                                                             
      finance lease conversion to operating lease
    		                                                             
      increase in restricted short-term investments
    		               -71,000,000 74,000,000 -210,000,000 -194,000,000  69,000,000                                         
      proceeds on sale of equity investment
    		                                                             
      proceeds from vendor
    		                                                             
      treasury stock repurchases and shares withheld for taxes pursuant to employee stock plans
    		               -5,000,000 0 0 -13,000,000                                           
      settlement of bankruptcy obligations
    		                    0 0 56,000,000  0            0 0 3,000,000  25,000,000 0 35,000,000  107,000,000                 
      deferred financing costs paid through issuance of debt
    		                    0 0 17,000,000                                       
      decrease in accounts receivable
    		                                                             
      proceeds from sale of investments
    		                                                             
      treasury stock repurchases
    		                    0 -2,000,000 -171,000,000 -272,000,000 -200,000,000 -17,000,000 -608,000,000 0 0 -376,000,000 -461,000,000 -243,000,000 -359,000,000 -529,000,000 -484,000,000 -569,000,000 -695,000,000 -1,711,000,000 -1,525,000,000 -1,435,000,000 -1,480,000,000 -750,000,000 -181,000,000 -907,000,000 -127,000,000                 
      payroll support program warrants
    		                    8,000,000                                         
      treasury loan warrants
    		                                                             
      adjustments to reconcile net income to net cash from operating activities
    		                                                             
      right-of-use assets obtained in exchange for lease liabilities:
    		                                                             
      operating leases
    		                        146,000,000 376,000,000 332,000,000                                   
      finance leases
    		                        42,000,000 2,000,000 2,000,000                                   
      debt discount and lease amortization
    		                                                             
      special items, non-cash
    		                                                             
      net decrease in cash and restricted cash
    		                                                             
      payments on long-term debt and capital leases
    		                            -557,000,000 -1,316,000,000 -569,000,000 -519,000,000 -712,000,000 -415,000,000 -686,000,000 -1,293,000,000 -371,000,000 -1,853,000,000 -310,000,000 -332,000,000 -714,000,000 -361,000,000 -746,000,000 -352,000,000 -1,635,000,000 -644,000,000 -501,000,000               
      proceeds from sale of property and equipment and other investments
    		                              22,000,000    32,000,000                           
      decrease in restricted cash and short-term investments
    		                               74,000,000 161,000,000 -11,000,000 95,000,000 -3,000,000 5,000,000 51,000,000 4,000,000 15,000,000 37,000,000 10,000,000 17,000,000                   
      proceeds from sale of an investment
    		                                       0 0                     
      net decrease in cash
    		                                                             
      cash at beginning of year
    		                                                             
      cash at end of year
    		                                                             
      balance at december 31, 2014
    		                                                             
      changes in pension, retiree medical and other postretirement benefits liability
    		                                                             
      net changes in fair value of derivative financial instruments
    		                                                             
      cash tax withholding on shares issued
    		                                                             
      purchase and retirement of 85,141,691 shares of aag common stock
    		                                                             
      dividends declared on common stock
    		                                                             
      issuance of 12,289,537 shares of common stock pursuant to employee stock plans
    		                                                             
      settlement of single-dip unsecured claims held in distributed claims reserve
    		                                                             
      share-based compensation expense
    		                                                             
      change in unrealized loss on investments
    		                                                             
      balance at december 31, 2015
    		                                                             
      non-cash tax benefit
    		                                                             
      purchase and retirement of 119,823,621 shares of aag common stock
    		                                                             
      issuance of 2,506,067 shares of common stock pursuant to employee stock plans
    		                                                             
      impact of adoption of accounting standards update
    		                                                             
      balance at december 31, 2016
    		                                                             
      purchase and retirement of 33,953,127 shares of aag common stock
    		                                                             
      issuance of 2,166,861 shares of common stock pursuant to employee stock plans
    		                                                             
      balance at december 31, 2017
    		                                                             
      net increase in cash
    		                                -46,000,000 12,000,000 52,000,000  -65,000,000 -49,000,000 105,000,000 -626,000,000 64,000,000 -96,000,000 54,000,000 -184,000,000 -32,000,000 -49,000,000 119,000,000 423,000,000 113,000,000 -2,000,000 126,000,000 -28,000,000 137,000,000 -4,000,000 92,000,000 -21,000,000 -14,000,000 32,000,000 118,000,000 -34,000,000 5,000,000 
      cash at beginning of period
    		                                0 0 322,000,000  0 0 390,000,000  0 0 994,000,000  0 0 1,140,000,000  0 0 480,000,000  0 0 283,000,000  0 0 168,000,000  0 
      cash at end of period
    		                                -46,000,000 12,000,000 374,000,000  -65,000,000 -49,000,000 495,000,000  64,000,000 -96,000,000 1,048,000,000  -32,000,000 -49,000,000 1,259,000,000  113,000,000 -2,000,000 606,000,000  137,000,000 -4,000,000 375,000,000  -14,000,000 32,000,000 286,000,000  5,000,000 
      non-cash investing and financing activities:
    		                                                             
      merger integration expenses
    		                                -6,000,000 5,000,000 63,000,000                           
      fleet restructuring expenses
    		                                 -15,000,000 63,000,000                           
      mark-to-market adjustments for bankruptcy obligations and other
    		                                 56,000,000 -18,000,000                           
      labor contract expenses
    		                                                             
      other operating charges
    		                                                             
      mainline operating special items
    		                                 83,000,000 119,000,000  227,000,000 -37,000,000 99,000,000                       
      regional operating special items
    		                                 -1,000,000 2,000,000                           
      nonoperating special items
    		                                 -3,000,000 5,000,000                           
      other operating charges (credits)
    		                                 -8,000,000 11,000,000                           
      net proceeds from slot transaction
    		                                           0 0 0 307,000,000               
      sale-leaseback transactions
    		                                       0    280,000,000 120,000,000 246,000,000 165,000,000 204,000,000 364,000,000 368,000,000 764,000,000           
      exercise of stock options
    		                                           1,000,000 0 0 9,000,000               
      balance at december 31, 2013
    		                                                             
      reversal of non-cash tax benefit
    		                                                             
      purchase and retirement of 23,406,472 of aag common stock
    		                                                             
      us airways group convertible debt settled with cash
    		                                                             
      issuance of 5,701,776 shares of common stock pursuant to employee stock plans
    		                                                             
      issuance of 57,393,096 shares of post-reorganization common stock
    		                                                             
      issuance of 130,980,613 shares for optional conversion of preferred shares
    		                                                             
      capital lease obligations
    		                                        0 0 5,000,000  118,000,000                 
      interest paid, net of amounts capitalized
    		                                    235,000,000 251,000,000 228,000,000  215,000,000 214,000,000 219,000,000  273,000,000 163,000,000 204,000,000               
      deferred income taxes
    		                                                             
      reorganization items, non-cash
    		                                                             
      interest expense, non-cash
    		                                                             
      increase in other current assets
    		                                                             
      decrease in derivative collateral
    		                                                             
      increase in other assets and liabilities
    		                                                             
      acquisition of us airways group
    		                                                             
      balance at december 31, 2012
    		                                                             
      changes in pension, retiree medical and other liability
    		                                                             
      issuance of 6,249,185 shares to employees pursuant to stock option and deferred stock incentive plans
    		                                                             
      issuance of 37,208,354 shares in exchange for redemption of amr corporation debt
    		                                                             
      cancellation of pre-reorganization common stock
    		                                                             
      issuance of 319,412,943 shares of post-reorganization common stock
    		                                                             
      issuance of 197,363,088 shares in exchange for us airways group common stock
    		                                                             
      equity component of us airways group convertible debt assumed in merger
    		                                                             
      issuance of 9,993,882 shares for optional conversion of preferred shares
    		                                                             
      issuance of 35,609 shares to employees pursuant to stock option and deferred stock incentive plans
    		                                                             
      dividend payment
    		                                        -66,000,000 -70,000,000 -70,000,000 -72,000,000                  
      single-dip equity obligations
    		                                        -24,000,000 -51,000,000 210,000,000                   
      labor-related deemed claim
    		                                        -7,000,000 -16,000,000 65,000,000                   
      total
    		                                        -31,000,000 -67,000,000 275,000,000                   
      share based compensation
    		                                                             
      increase in accounts receivable
    		                                                             
      decrease (increase) in derivative collateral
    		                                                             
      increase in frequent flyer liability
    		                                                             
      decrease in other assets and liabilities
    		                                                             
      decrease (increase) in restricted cash and short-term investments
    		                                           101,000,000 7,000,000 65,000,000 88,000,000               
      balance at december 31, 2011
    		                                                             
      change in unrealized gain on investments
    		                                                             
      non-cash tax provision
    		                                                             
      decrease (increase) in short-term investments
    		                                                             
      premium paid for debt extinguishment
    		                                                             
      income tax paid
    		                                            3,000,000 2,000,000 3,000,000               
      american airlines group inc.
    		                                                             
      notes to condensed consolidated financial statements
    		                                                             
      increase in short-term investments
    		                                             156,000,000 -294,000,000               
      payments of employee withholding taxes on net share issuances
    		                                              -84,000,000               
      settlement of bankruptcy settlement obligation
    		                                              3,557,000,000               
      cash flow from operating activities:
    		                                                             
      decrease (increase) in other current assets
    		                                                             
      balance at january 1, 2011
    		                                                             
      total comprehensive loss
    		                                                             
      issuance of 679,050 shares to employees pursuant to stock option and deferred stock incentive plans
    		                                                             
      issuance of 3,136,770 shares to employees pursuant to stock option and deferred stock incentive plans
    		                                                             
      issuance of 18,676,683 shares in exchange for redemption of amr corporation debt
    		                                                             
      issuance of 53,675,878 shares of post-reorganization common stock
    		                                                             
      share based compensation expense
    		                                                             
      cash flow from investing activities:
    		                                                             
      capital expenditures, including aircraft lease deposits
    		                                                -596,000,000 -919,000,000 -885,000,000 -735,000,000 -420,000,000 -495,000,000 -238,000,000       
      net decrease (increase) in short-term investments
    		                                                -440,000,000 -1,968,000,000 -226,000,000           
      net decrease (increase) in restricted cash and short-term investments
    		                                                -72,000,000 -10,000,000 -3,000,000           
      proceeds from sale of equipment, property, and investments/subsidiaries
    		                                                1,000,000 0 26,000,000           
      cash flow from financing activities:
    		                                                             
      payments on long-term debt and capital lease obligations
    		                                                -1,501,000,000 -157,000,000 -394,000,000 -297,000,000 -389,000,000 -288,000,000 -314,000,000 -1,018,000,000 -343,000,000 -861,000,000 -323,000,000 -281,000,000 -406,000,000 
      proceeds from:
    		                                                             
      issuance of debt
    		                                                2,398,000,000 1,523,000,000 161,000,000      67,000,000 553,000,000 1,164,000,000   
      long-term debt
    		                                                -45,000,000 -23,000,000 1,198,000,000  -42,000,000 71,000,000 2,238,000,000       
      estimated allowed claims on aircraft lease and debt obligations and facility lease and bond obligations
    		                                                73,000,000 107,000,000 3,971,000,000           
      pension and postretirement benefits
    		                                                -18,000,000 -18,000,000 1,237,000,000  -1,685,000,000 58,000,000 9,430,000,000       
      accounts payable and other accrued liabilities
    		                                                32,000,000 2,000,000 385,000,000  -76,000,000 -32,000,000 511,000,000       
      total liabilities subject to compromise
    		                                                42,000,000 68,000,000 6,779,000,000  -1,655,000,000 147,000,000 15,001,000,000       
      net earnings
    		                                                             
      adjustments to reconcile net income to net cash provided (used) by operating activities:
    		                                                             
      depreciation
    		                                                             
      amortization
    		                                                             
      equity based stock compensation
    		                                                             
      special charges, non-cash
    		                                                             
      oci tax benefits
    		                                                             
      change in assets and liabilities:
    		                                                             
      decrease (increase) in receivables
    		                                                             
      decrease (increase) in inventories
    		                                                             
      decrease (increase) in derivative collateral and unwound derivative contracts
    		                                                             
      increase in other liabilities and deferred credits
    		                                                             
      proceeds from sale of equipment, property and investments/subsidiaries
    		                                                             
      reimbursement from construction reserve account
    		                                                             
      issuance of long-term debt
    		                                                             
      balance at january 1, 2010
    		                                                             
      reclassification and amortization of stock compensation plans
    		                                                             
      issuance of 825,397 shares to employees pursuant to stock option and deferred stock incentive plans
    		                                                             
      balance at december 31, 2010
    		                                                             
      issuance of 1,818,073 shares to employees pursuant to stock option and deferred stock incentive plans
    		                                                             
      net increase in short-term investments
    		                                                     -164,000,000 -726,000,000  866,000,000 660,000,000 -1,190,000,000  532,000,000 
      net increase in restricted cash and short-term investments
    		                                                    -75,000,000 -1,000,000 -33,000,000  -17,000,000    14,000,000 
      proceeds from sale of equipment and property
    		                                                    1,000,000 45,000,000 12,000,000  5,000,000 -7,000,000 -6,000,000  15,000,000 
      sale leaseback transactions
    		                                                    285,000,000 244,000,000 324,000,000 240,000,000 201,000,000 137,000,000 125,000,000 507,000,000  
      aircraft lease and facility bond related obligations
    		                                                    144,000,000 62,000,000 2,830,000,000       
      special charges
    		                                                             
      reorganization items
    		                                                             
      capital expenditures, including purchase deposits on flight equipment
    		                                                             
      issuance of common stock, net of issuance costs
    		                                                             
      balance at january 1, 2009
    		                                                             
      unrealized gain on investments
    		                                                             
      issuance of 52,269,849 shares
    		                                                             
      issuance of 1,399,833 shares to employees pursuant to stock option and deferred stock incentive plans
    		                                                             
      balance at december 31, 2009
    		                                                             
      1.
    		                                                             
      1. basis of presentation
    		                                                             
      gain on sale of subsidiary
    		                                                             
      redemption payments under operating leases for special facility revenue bonds
    		                                                             
      balance at january 1, 2008
    		                                                             
      unrealized loss on investments
    		                                                             
      issuance of 27,057,554 shares
    		                                                             
      issuance of 2,492,860 shares to employees pursuant to stock option and deferred stock incentive plans
    		                                                             
      balance at december 31, 2008
    		                                                             
      net cash used by investing activities
    		                                                             
      net cash provided (used) by financing activities
    		                                                             
      1. organization consolidation and presentation of financial statements disclosure
    		                                                             
      issuance of debt and sale leaseback transactions
    		                                                             
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.