use the provided financial statements, your financial analysis tools, and financial ratios to compare American Airlines and Southwest and explain how it impacts airline industry standards.

AMERICAN AIRLINES GROUP INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except share and per share amounts) Contents AMERICAN AIRLINES GROUP INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (In millions) AMERICAN AIRLINES GROUP INC. CONSOLIDATED BALANCE SHEETS (In millions, except share and par value amounts) AMERICAN AIRLINES GROUP INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) AMERICAN AIRLINES GROUP INC. CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (In millions, except share amounts) AMERICAN AIRLINES, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions) See accompanying notes to consolidated financial statements. 134 Contents AMERICAN AIRLINES, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (In millions) AMERICAN AIRLINES, INC. CONSOLIDATED BALANCE SHEETS See accomparying noles lo consoldated francial statements AMERICAN AIRLINES, INC. CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY (lin miliens) Southwest Airlines Co. Consolidated Balance Sheet (in millions, except share data) ASSETS Current assets: Cash and cash equivalents Short-term investments Accounts and other receivables Inventories of parts and supplies, at cost Prepaid expenses and other current assets Total current assets Property and equipment, at cost: Flight equipment Ground property and equipment Deposits on flight equipment purchase contracts Assets constructed for others Less allowance for depreciation and amortization Goodwill Operating lease right-of-use assets Other assets LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Seuthwest Airlines Ce. Consolidated Statement of Income (Loss) (in millions, except per share amounts) Seuthwest Airlines Ce. Consolidated Statement of Comprehenuive Income (L.ons) (in millions) Southwest Airlines Co. Consolidated Statement of Stockholders' Equity (in millions, except per share amounts) Southwest Airlines Co. Consolidated Statement of Cash Flows (in millions) AMERICAN AIRLINES GROUP INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except share and per share amounts) Contents AMERICAN AIRLINES GROUP INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (In millions) AMERICAN AIRLINES GROUP INC. CONSOLIDATED BALANCE SHEETS (In millions, except share and par value amounts) AMERICAN AIRLINES GROUP INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) AMERICAN AIRLINES GROUP INC. CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (In millions, except share amounts) AMERICAN AIRLINES, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions) See accompanying notes to consolidated financial statements. 134 Contents AMERICAN AIRLINES, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (In millions) AMERICAN AIRLINES, INC. CONSOLIDATED BALANCE SHEETS See accomparying noles lo consoldated francial statements AMERICAN AIRLINES, INC. CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY (lin miliens) Southwest Airlines Co. Consolidated Balance Sheet (in millions, except share data) ASSETS Current assets: Cash and cash equivalents Short-term investments Accounts and other receivables Inventories of parts and supplies, at cost Prepaid expenses and other current assets Total current assets Property and equipment, at cost: Flight equipment Ground property and equipment Deposits on flight equipment purchase contracts Assets constructed for others Less allowance for depreciation and amortization Goodwill Operating lease right-of-use assets Other assets LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Seuthwest Airlines Ce. Consolidated Statement of Income (Loss) (in millions, except per share amounts) Seuthwest Airlines Ce. Consolidated Statement of Comprehenuive Income (L.ons) (in millions) Southwest Airlines Co. Consolidated Statement of Stockholders' Equity (in millions, except per share amounts) Southwest Airlines Co. Consolidated Statement of Cash Flows (in millions)