Lauren Yett
Investor Relations
Replay available
Southwest Airlines Company (NYSE: LUV) Q3 2025 earnings conference call, held 2025-10-23. Replay captured from the company's public earnings webcast.

Investor Relations
President, CEO & Vice Chairman of the Board, Southwest Airlines
Chief Operating Officer, Southwest Airlines
Chief Financial Officer, Southwest Airlines
Analyst, Melius Research
Analyst, Deutsche Bank
Analyst, Raymond James
Analyst, J.P. Morgan
Watch the replay and follow the connected company analysis, news, and investor updates for Southwest Airlines Company.
WEBVTT 00:00:00.031 -- 00:00:05.439 Hello, everyone, and welcome to the Southwest Airlines third quarter 2025 conference 00:00:05.439 -- 00:00:11.548 call. I'm Gary, and I'll be moderating today's call, which is being recorded. 00:00:11.548 -- 00:00:16.976 A replay will be available on southwest.com in the investor relations section. 00:00:16.976 -- 00:00:20.942 After today's remarks, there's an opportunity to ask questions. 00:00:20.942 -- 00:00:26.250 To queue up for an opportunity to ask a question, press star, then one. 00:00:26.250 -- 00:00:30.018 To withdraw your question, the command is star, then two. 00:00:30.018 -- 00:00:33.924 Now, Lauren Yett from Investor Relations will begin the discussion. 00:00:33.924 -- 00:00:36.007 Please go ahead, Lauren. 00:00:36.007 -- 00:00:40.774 Thank you. Hello, everyone, and welcome to Southwest Airlines' third quarter 2025 earnings 00:00:40.774 -- 00:00:44.680 call. In just a moment, we will share our prepared remarks, after which we will move 00:00:44.680 -- 00:00:49.928 into Q&A. I am joined today by our President, CEO, and Vice Chairman of the Board, 00:00:49.928 -- 00:00:55.216 Bob Jordan, Chief Operating Officer, Andrew Watterson, and Chief Financial Officer, Tom 00:00:55.216 -- 00:00:59.369 Doxey. A quick reminder that we will make forward-looking statements, which are based 00:00:59.369 -- 00:01:03.354 on our current expectation of future performance, and our actual results could differ 00:01:03.354 -- 00:01:05.536 materially from expectations. 00:01:05.536 -- 00:01:09.681 Also, we will reference our non-GAAP results, which exclude special items that are called 00:01:09.681 -- 00:01:13.386 out and reconciled to GAAP results in our earnings press release. 00:01:13.386 -- 00:01:17.892 Our press release with third quart...