Catherine O'Brien
Analyst at Goldman Sachs
Replay available
Alaska Air Group, Inc. (ALK) Q4 2025 Earnings Call
Alaska Air Group, Inc. (NYSE: ALK) Q4 2025 earnings conference call, held 2026-01-23. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Connor Cunningham
Analyst at Melius Research
Scott Group
Analyst at Wolfe Research
Ryan St. John
Vice President of Finance, Planning, and Investor Relations
Ben Minicucci
President and Chief Executive Officer
Andrew DeDora
Analyst at Bank of America
Brandon Aglenski
Analyst at Barclays
Andrew Harrison
Executive Vice President and Chief Commercial Officer
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Alaska Air Group, Inc..
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.137 Good morning, ladies and gentlemen, and welcome to the Alaska Air Group 2025 Fourth 00:00:05.137 -- 00:00:09.923 Quarter Earnings Call. At this time, all participants have been placed on mute to prevent 00:00:09.923 -- 00:00:15.830 background noise. Today's call is being recorded and will be accessible for future playback 00:00:15.830 -- 00:00:17.990 at alaskaair.com. 00:00:18.433 -- 00:00:23.379 After our speaker's remarks, we will conduct a question and answer session for analysts. 00:00:23.379 -- 00:00:28.165 I would now like to turn the call over to Alaska Air Group's Vice President of Finance, 00:00:28.165 -- 00:00:30.753 Planning, and Investor Relations, Ryan St. 00:00:30.753 -- 00:00:32.753 John. 00:00:33.797 -- 00:00:37.862 Thank you, operator, and good morning. Thanks for joining us today to discuss our fourth 00:00:37.862 -- 00:00:41.507 quarter and full year 2025 earnings results. 00:00:41.507 -- 00:00:46.053 Yesterday, we issued our earnings release along with several accompanying slides detailing 00:00:46.053 -- 00:00:49.776 our results, which are available at investor.alaskaair.com. 00:00:50.679 -- 00:00:54.224 On today's call, you'll hear updates from Ben, Andrew, and Shane. 00:00:54.224 -- 00:00:58.069 Several other of our management team are also on the line to answer your questions during 00:00:58.069 -- 00:01:00.562 the Q&A portion of the call. 00:01:00.562 -- 00:01:06.108 Air Group reported fourth quarter and full year gap net income of $21 and $100 million, 00:01:06.108 -- 00:01:07.650 respectively. 00:01:07.650 -- 00:01:12.115 Excluding special items and mark-to-market fuel hedge adjustments, Air Group reported 00:01:12.115 -- 00:01:18.682 adjusted fourth quarter and full year net income of $50 and $293 millio...