Alaska Air Group, Inc. (ALK) Q2 2024 Earnings Call

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WEBVTT 00:00:00.029 -- 00:00:04.750 Good morning, ladies and gentlemen, and welcome to the Alaska Air Group 2024 00:00:04.750 -- 00:00:09.552 Second Quarter Earnings Call. At this time, all participants have been placed on mute 00:00:09.552 -- 00:00:11.872 to prevent background noise. 00:00:11.872 -- 00:00:17.993 Today's call is being recorded and will be accessible for future playback at alaskaair.com. 00:00:18.894 -- 00:00:23.996 After our speaker's remarks, we will conduct a question and answer session for analysts. 00:00:23.996 -- 00:00:28.197 I would now like to turn the call over to Alaska Air Group's Vice President of Finance, 00:00:28.197 -- 00:00:31.101 Planning, and Investor Relations, Ryan St. 00:00:31.101 -- 00:00:33.101 John. 00:00:33.302 -- 00:00:37.055 Thank you, Operator, and good morning. Thank you for joining us for our second quarter 00:00:37.055 -- 00:00:42.108 2024 earnings call. Yesterday, we issued our earnings release along 00:00:42.108 -- 00:00:48.151 with several accompanying slides detailing our results, which are available at investor.alaskaair.com. 00:00:48.653 -- 00:00:52.655 On today's call, you'll hear updates from Ben, Andrew, and Shane. 00:00:52.655 -- 00:00:56.318 Several others of our management team are also on the line to answer your questions during 00:00:56.318 -- 00:01:01.634 the Q&A portion of the call. This morning, Air Group reported second quarter 00:01:01.634 -- 00:01:04.936 gap net income of $220 million. 00:01:04.936 -- 00:01:09.098 Excluding special items and mark-to-market fuel hedge adjustments, Air Group reported 00:01:09.098 -- 00:01:13.040 adjusted net income of $327 million. 00:01:13.040 -- 00:01:17.143 As a reminder, our comments today will include forward-looking statements about future 00:01:17.143 -- 00:01:21...