American Airlines

CONSOLIDATED STATEMENTS OF OPERATIONS

Year Ended Dec

2017
Operating revenues:
Mainline passenger $ 29,238
Regional passenger 6,895
Cargo 800
Other 5,274
Total operating revenues 42,207
Operating expenses:
Aircraft fuel and related taxes 6,128
Salaries, wages and benefits 11,816
Regional expenses 6,546
Maintenance, materials and repairs 1,959
Other rent and landing fees 1,806
Aircraft rent 1,197
Selling expenses 1,477
Depreciation and amortization 1,702
Special items, net 712
Other 4,806
Total operating expenses 38,149
Operating income 4,058
Nonoperating income (expense):
Interest income 94
Interest expense, net (1,053)
Other, net (15)
Total nonoperating expense, net (974)
Income before income taxes 3,084
Income tax provision (benefit) 1,165
Net income $ 1,919

Earnings per common share:

Basic $ 3.92
Diluted $ 3.90
Weighted average shares outstanding (in thousands):
Basic 489,164
Diluted 491,692
Cash dividends declared per common share $ 0.40
 Year Ended December 31,
2016 2015

$ 27,909 $ 29,037
6,670 6,475
700 760
4,901 4,718
40,180 40,990

5,071 6,226
10,890 9,524
6,044 5,983
1,834 1,889
1,772 1,731
1,203 1,250
1,323 1,394
1,525 1,364
709 1,051
4,525 4,374
34,896 34,786
5,284 6,204

63 39
(991) (880)
(57) (747)
(985) (1,588)
4,299 4,616
1,623 (2,994)
$ 2,676 $ 7,610

$ 4.85 $ 11.39
$ 4.81 $ 11.07

552,308 668,393
556,099 687,355
$ 0.40 $ 0.40