Alaska Air(ALK) - 2025 Q3 - Earnings Call Presentation

Financial Performance - Air Group's adjusted earnings per share was $1.05 in Q3 2025[5] - Unit revenue increased by 1.4% in Q3 2025[5] - Q3 2025 unit costs increased by 8.6%[5] - Economic fuel cost per gallon averaged $2.51 for Q3 2025[5] Strategic Initiatives - Alaska Accelerate initiatives are expected to contribute $400 million[9] - Network initiatives are expected to contribute $100 million[9] - Product initiatives are expected to contribute $150 million[9] - Loyalty initiatives are expected to contribute $150 million[11] - Cargo initiatives are expected to contribute $150 million[11] Balance Sheet - Air Group's debt-to-cap stands at 60%[5] - Adjusted net debt to EBITDAR is at 2.6x[5] Hawaiian Holdings Integration - Card acquisitions are up 48%[13] - Cargo revenue increased 27% year-over-year[13]