Ryan St. John
Vice President of Finance, Planning and Investor Relations
Replay available
Alaska Air Group, Inc. (NYSE: ALK) Q2 2025 earnings conference call, held 2025-07-24. Replay captured from the company's public earnings webcast.

Vice President of Finance, Planning and Investor Relations
President and Chief Executive Officer
Executive Vice President and Chief Commercial Officer
Executive Vice President and Chief Financial Officer
Analyst, Melius Research
Analyst, TD Cowen
Analyst, Wolfe Research
Analyst, J.P. Morgan
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WEBVTT 00:00:00.031 -- 00:00:04.956 Good morning, ladies and gentlemen, and welcome to the Alaska Air Group 2025 00:00:04.956 -- 00:00:09.541 Second Quarter Earnings Call. At this time, all participants have been placed on mute 00:00:09.541 -- 00:00:14.466 to prevent background noise. Today's call is being recorded and will be accessible for 00:00:14.466 -- 00:00:17.628 future playback at alaskaair.com. 00:00:18.310 -- 00:00:23.316 After our speaker's remarks, we will conduct a question and answer session for analysts. 00:00:23.316 -- 00:00:27.620 I would now like to turn the call over to Alaska Air Group's Vice President of Finance, 00:00:27.620 -- 00:00:32.260 Planning and Investor Relations, Ryan St. John. 00:00:32.483 -- 00:00:36.829 Thank you, Operator, and good morning. Thanks for joining us today to discuss our second 00:00:36.829 -- 00:00:41.937 quarter 2025 earnings results. Yesterday, we issued our earnings release along with 00:00:41.937 -- 00:00:47.562 several accompanying slides detailing our results, which are available at investor.alaskaair.com. 00:00:48.266 -- 00:00:52.011 On today's call, you'll hear updates from Ben, Andrew, and Shane. 00:00:52.011 -- 00:00:55.656 Several others of our management team are also on the line to answer your questions during 00:00:55.656 -- 00:00:58.250 the Q&A portion of the call. 00:00:58.250 -- 00:01:03.796 Air Group reported a second quarter gap net income of $172 million. 00:01:03.796 -- 00:01:07.940 Excluding special items and mark-to-market fuel hedge adjustments, Air Group reported 00:01:07.940 -- 00:01:11.704 adjusted net income of $215 million. 00:01:11.704 -- 00:01:15.869 Our comments today will include discussion of Air Group reported results and forward-looking 00:01:15.869 -- 00:01:20.894 guidance compared ...