Reports Q3 revenue $886M, consensus $900.06M. RASM was 9.14c while RASM on a stage adjusted basis to 1,000 miles was 8.76c, 2% higher compared to the corresponding 2024 quarter. CASM was 9.95c, including fuel expense at an average cost of $2.54 per gallon; total operating expenses were $963M, or $729M excluding fuel, resulting in CASM excluding fuel of 7.53c. “Our Q3 results were in line with expectations as we navigated a competitive pricing environment,” said Barry Biffle, CEO. “We expect ongoing competitive capacity reductions to continue through 2026, supporting a more balanced supply environment and improved revenue performance. Early next year, we will introduce our new First Class seating and anticipate significant growth in loyalty revenues as we continue delivering the best value to our customers.”
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