Sun Country Airlines Holdings, Inc. (SNCY) Q2 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Sun Country Airlines second quarter 2024 earnings call. My name is Crystal and I'll be your operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session and instructions will be given at that time. As a reminder, this call will be recorded. I will now turn the call over to Chris Allen, Director of Investor Relations. Mr. Allen, you may begin. Thank you. I'm joined today by Jude Bricker, our Chief Executive Officer, Dave Davis, President and Chief Financial Officer, and a group of others to help answer questions. Before we begin, I'd like to remind everyone that during this call, the company may make certain statements that constitute poor-looking statements. Our remarks today may include poor-looking statements which are based upon a manager's current beliefs, expectations, and assumptions, or are subject to risks and uncertainties. Actual results may differ materially. We encourage you to review our risk factors and cautionary statements outlined in our earnings release and our most recent SEC filing. We assume no obligation to update any forward-looking statements. You can find our second quarter of 2024 earnings press release on the Investor Relations website at ir.suncountry.com. With that said, I'd now like to turn the call over to Jude. Thanks, Chris. Good morning, everyone. Our diversified business model is unique in the airline industry. Due to the predictability of our charter and cargo businesses, we're able to deliver the most flexible scheduled service capacity in the industry. The combination of our schedule flexibility and low fixed cost model allows us to respond to both predictable leisure demand fluctuations and exogenous industry shocks. We believe, due to ou...