Catherine O'Brien

“Marty, can we dig in to what drove the 3Q RASM beat versus that initial July guidance? I know you noted broad-based strengths, but any particular part of the network or cabin, a bright spot in particular, and could you share some color on the geographical or cabin level assumptions underlying your 4Q outlook?”

“So my first question I think probably goes to Tom. Gains on aircraft sales have been a notable unit cost tailwind this year on top of solid cost control. Going forward, what's your view on secondary market aircraft values and how that will impact cost performance?”

“So, you noted that 2027 capacity is expected to slow from 2026 given elevated prices, which, you know, I think is very prudent. I realize delivery schedules are still fairly fluid post-pandemic versus history, but your deliveries are set to step up into 27.”

“I just wanted to come back to some of the network investments that you're making and how you expect to see growth in places like San Diego and Portland, you know, going forward, you know, where at Investor Day you flagged you're looking to increase share between now and 2030.”

“I just wanted to start with a bit of a follow-up to Sotri's question. So, you know, loyalty revenue growth has really stood out the last couple of quarters, and you noted that engagement, particularly in premium cabins, is driving a part of that.”