Delta Air Lines, Inc. (DAL) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.394 Your conference will be recorded after the tone. 00:00:11.104 -- 00:00:15.690 Good morning, everyone, and welcome to the Delta Airlines March Quarter 2025 conference 00:00:15.690 -- 00:00:19.474 call. My name is Matthew, and I'll be your coordinator. 00:00:19.474 -- 00:00:23.099 At this time, all participants run a listen-only mode until we conduct a question and 00:00:23.099 -- 00:00:25.061 answer session following the presentation. 00:00:25.061 -- 00:00:29.225 As a reminder, today's call is being recorded. 00:00:29.225 -- 00:00:33.992 If you have any questions or comments during the presentation, you may press star 1 on 00:00:33.992 -- 00:00:37.117 your phones into the question queue at any time. 00:00:37.117 -- 00:00:40.723 I would now like to turn the conference over to Julie Stewart, Vice President of Investor 00:00:40.723 -- 00:00:42.345 Relations. Please go ahead. 00:00:42.345 -- 00:00:46.912 Thank you, Matthew. Good morning, everyone, and thank you for joining us. 00:00:46.912 -- 00:00:51.259 On today's call, we will hear from our CEO, Ed Bastian, our President, Glenn Hauenstein, 00:00:51.259 -- 00:00:55.125 and our CFO, Dan Jenke. Ed will open the call with an overview of Delta's performance 00:00:55.125 -- 00:00:59.115 and strategy, Glenn will provide an update on the revenue environment, and Dan will discuss 00:00:59.115 -- 00:01:03.221 costs and our balance sheet. After the prepared remarks, we'll take analyst questions. 00:01:03.221 -- 00:01:07.808 We please ask that you limit yourself to one question and a brief follow-up so we can 00:01:07.808 -- 00:01:12.936 get to as many of you as possible. After the analyst Q&A, we'll move to our media questions. 00:01:12.936 -- 00:01:16.621 Today's discussion contains forward-lo...