Financial Performance - Air Group's adjusted earnings per share exceeded original guidance at $1.78[4] - The adjusted pretax margin was 8.0%[4] - Q2 2025 unit costs increased by 6.5% year-over-year[4,17] - Q2 2025 unit revenues decreased by 0.6% year-over-year[4,12] - Cargo revenue increased 34% year-over-year[8] Synergies and Network - Hawaiian Assets achieved their first profitable quarter since acquisition[8] - Premium revenue increased by 5%[8,12] - Active card accounts are up 10% year-over-year[8] Balance Sheet and Share Repurchases - The debt-to-cap ratio is at 60%, and the adjusted net debt to EBITDAR is at 2.4x[4] - Year-to-date share repurchases totaled $535 million, representing 10.5 million shares[24] Integration Milestones - The company plans to launch a single loyalty program platform & premium credit card in 2H 2025[25]