Julie Stewart
Vice President of Investor Relations and Corporate Development
Replay available
Delta Air Lines, Inc. (NYSE: DAL) Q3 2025 earnings conference call, held 2025-10-09. Replay captured from the company's public earnings webcast.

Vice President of Investor Relations and Corporate Development
Chief Executive Officer
President
Chief Financial Officer
Analyst, TD Cowen
Analyst, Goldman Sachs
Analyst, J.P. Morgan
Analyst, Melius Research
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WEBVTT 00:00:00.031 -- 00:00:04.297 1 on your phone to enter the question queue at any time. 00:00:04.297 -- 00:00:07.863 I would now like to turn the conference over to Julie Stewart, Vice President of Investor 00:00:07.863 -- 00:00:11.929 Relations and Corporate Development. Please go ahead. 00:00:11.929 -- 00:00:15.354 Thank you, Matthew. Good morning, and thank you for joining us for our September quarter 00:00:15.354 -- 00:00:20.983 2025 earnings call. Joining us today from Atlanta are CEO Ed Bastian, 00:00:20.983 -- 00:00:24.368 our President Glenn Hauenstein, and our CFO Dan Jenke. 00:00:24.368 -- 00:00:28.388 Ed will open the call with an overview of Delta's performance and strategy and Glenn 00:00:28.388 -- 00:00:31.753 will provide an update on the revenue environment, and Dan will discuss costs in our 00:00:31.753 -- 00:00:35.699 balance sheet. After the prepared remarks, we'll take analyst questions. 00:00:35.699 -- 00:00:39.184 We ask you to please limit yourself to one question and a brief follow-up so we can get 00:00:39.184 -- 00:00:44.692 to as many of you as possible. After the analyst Q&A, we will move to our media questions. 00:00:44.692 -- 00:00:48.217 As a reminder, today's discussion contains forward-looking statements that represent 00:00:48.217 -- 00:00:50.921 our beliefs or expectations about future events. 00:00:50.921 -- 00:00:54.546 All forward-looking statements involve risks and uncertainties that could cause the actual 00:00:54.546 -- 00:00:57.558 results to differ materially from the forward-looking statements. 00:00:57.558 -- 00:01:01.624 Some of the factors that may cause such differences are described in Delta's SEC filings. 00:01:01.624 -- 00:01:03.987 We'll also discuss non-GAAP financial measures. 00:01:03.987 -- 00:01:07.633 An...