v3.26.1
REVENUE RECOGNITION (Tables)
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
Passenger Revenue
Three Months Ended June 30,
Six Months Ended June 30,
(in millions)2026202520262025
Ticket$13,771 $12,246 $24,538 $22,314 
Loyalty travel awards1,247 1,092 2,277 2,033 
Travel-related services589 529 1,094 1,000 
Passenger revenue$15,607 $13,867 $27,909 $25,347 
Other Revenue
Three Months Ended June 30,
Six Months Ended June 30,
(in millions)2026202520262025
Refinery$2,091 $1,141 $3,745 $2,203 
Loyalty and related1,344 1,127 2,565 2,209 
MRO315 239 695 390 
Miscellaneous106 62 176 118 
Other revenue$3,856 $2,569 $7,181 $4,920 
Schedule of Activity in Loyalty Program Deferred Revenue
The table below presents the activity of the current and noncurrent loyalty program deferred revenue and includes miles earned through travel and miles sold to participating companies within marketing agreements with those companies.

Loyalty program activity
(in millions)20262025
Balance at January 1$9,262 $8,826 
Miles earned2,701 2,387 
Miles redeemed for air travel(2,277)(2,033)
Miles redeemed for non-air travel and other(116)(109)
Balance at June 30
$9,570 $9,071 
Schedule of Revenue by Geographic Region Our passenger and operating revenue by geographic region is summarized in the following tables:
Passenger revenue by geographic region
Three Months Ended June 30,
Six Months Ended June 30,
(in millions)2026202520262025
Domestic$10,673 $9,318 $19,392 $17,418 
Atlantic3,112 2,872 4,629 4,245 
Latin America990 954 2,317 2,288 
Pacific832 723 1,571 1,396 
Total$15,607 $13,867 $27,909 $25,347 

Operating revenue by geographic region
Three Months Ended June 30,
Six Months Ended June 30,
(in millions)2026202520262025
Domestic$13,957 $11,417 $25,459 $21,472 
Atlantic3,620 3,283 5,487 4,929 
Latin America1,146 1,093 2,706 2,615 
Pacific1,034 855 1,959 1,672 
Total$19,757 $16,648 $35,611 $30,688