v3.24.3
INVESTMENTS (Tables)
 9 Months Ended
Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
Schedule of Equity Investments Ownership and Carrying Value - Fair Value
Equity investments ownership interest and carrying value
Accounting TreatmentOwnership InterestCarrying Value
(in millions)September 30, 2024December 31, 2023September 30, 2024December 31, 2023
Air France-KLMFair Value3 %3 %$74 $110 
China EasternFair Value2 %2 %143 134 
Grupo AeroméxicoEquity Method20 %20 %426 421 
Hanjin KAL
Fair Value(1)
15 %15 %624 561 
LATAMFair Value10 %10 %782 658 
Unifi AviationEquity Method49 %49 %139 162 
Wheels Up
Fair Value(2)
38 %38 %637 903 
Other investmentsVarious447 508 
Equity investments$3,272 $3,457 
(1)At September 30, 2024, we held 14.8% of the outstanding shares (including common and preferred), and 14.9% of the common shares, of Hanjin KAL.
(2)Our voting rights with respect to Wheels Up are capped at 29.9%.
Schedule of Equity Investments Ownership and Carrying Value - Equity Method
Equity investments ownership interest and carrying value
Accounting TreatmentOwnership InterestCarrying Value
(in millions)September 30, 2024December 31, 2023September 30, 2024December 31, 2023
Air France-KLMFair Value3 %3 %$74 $110 
China EasternFair Value2 %2 %143 134 
Grupo AeroméxicoEquity Method20 %20 %426 421 
Hanjin KAL
Fair Value(1)
15 %15 %624 561 
LATAMFair Value10 %10 %782 658 
Unifi AviationEquity Method49 %49 %139 162 
Wheels Up
Fair Value(2)
38 %38 %637 903 
Other investmentsVarious447 508 
Equity investments$3,272 $3,457 
(1)At September 30, 2024, we held 14.8% of the outstanding shares (including common and preferred), and 14.9% of the common shares, of Hanjin KAL.
(2)Our voting rights with respect to Wheels Up are capped at 29.9%.