Table of Contents AMERICAN AIRLINES, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions) See accompanying notes to consolidated financial statements. 149 Year Ended December 31, 2020 2019 2018 Operating revenues: Passenger $ 14,518  $ 42,010  $ 40,676  Cargo 769  863  1,013  Other 2,048  2,888  2,841  Total operating revenues 17,335  45,761  44,530  Operating expenses: Aircraft fuel and related taxes 2,581  7,526  8,053  Salaries, wages and benefits 10,955  12,600  12,240  Regional expenses 4,676  7,518  7,064  Maintenance, materials and repairs 1,583  2,380  2,050  Other rent and landing fees 1,536  2,055  1,900  Aircraft rent 1,341  1,326  1,264  Selling expenses 513  1,602  1,520  Depreciation and amortization 2,040  1,982  1,839  Special items, net (657) 635  787  Other 2,991  5,090  5,090  Total operating expenses 27,559  42,714  41,807  Operating income (loss) (10,224) 3,047  2,723  Nonoperating income (expense): Interest income 337  515  330  Interest expense, net (1,171) (1,109) (1,028) Other income, net 155  152  167  Total nonoperating expense, net (679) (442) (531) Income (loss) before income taxes (10,903) 2,605  2,192  Income tax provision (benefit) (2,453) 633  534  Net income (loss) $ (8,450) $ 1,972  $ 1,658 