v3.26.1
Investments (Tables)
 3 Months Ended
Mar. 31, 2026
Schedule of Investments [Line Items]  
Schedule of Equity Investment Ownership Interests and Carrying Values
Our equity investment ownership interests and carrying values are as follows:
Ownership InterestCarrying Value (in millions)
Accounting TreatmentMarch 31, 2026December 31, 2025March 31, 2026December 31, 2025
Republic Airways Holdings Inc.Equity Method20.8 %20.8 %$253 $254 
China Southern AirlinesFair Value1.5 %1.5 %135 203 
Other investments (1)
Various144 146 
Total$532 $603 
(1)Primarily includes our investment in JetSMART Holdings Limited, which is accounted for under the equity method.
American Airlines, Inc.  
Schedule of Investments [Line Items]  
Schedule of Equity Investment Ownership Interests and Carrying Values
American’s equity investment ownership interests and carrying values are as follows:
Ownership InterestCarrying Value (in millions)
Accounting TreatmentMarch 31, 2026December 31, 2025March 31, 2026December 31, 2025
Republic Airways Holdings Inc.Equity Method20.8 %20.8 %$253 $254 
China Southern AirlinesFair Value1.5 %1.5 %135 203 
Other investments (1)
Various144 146 
Total$532 $603 
(1)Primarily includes American’s investment in JetSMART Holdings Limited, which is accounted for under the equity method.