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  "documentTitle": "2025 Q3 Supplemental",
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      "text": "Economic fuel cost per gallon averaged $2.51 for Q3 2025 as West Coast refining margins remained elevated throughout the quarter.",
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      "text": "Q3 2025 unit costs were up 8.6%, pressured from a combination of lower capacity and operational challenges during the summer period.",
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      "text": "Air Group’s adjusted earnings per share of $1.05 came in line with revised mid-quarter expectations, primarily impacted by higher fuel and non-fuel cost pressure resulting from an IT outage in July and several weeks of irregular operations from challenging summer weather. Strength in revenue trends persisted throughout the quarter and commercial initiatives and synergies remain on track.",
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      "text": "Unit revenue increased 1.4% in Q3 2025, continuing to lead the industry as the inflection in demand that began in July persisted throughout the quarter, including a significant rebound in corporate traffic.",
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      "text": "Reported Q3 2025 financials reflect consolidated results, with the comparable prior year period results including Hawaiian from September 18, 2024 onward. Commentary on Q3 performance and forward-looking guidance is compared to pro forma periods and assumes Hawaiian is included in both 2024 and 2025. We believe this basis of comparison is relevant for understanding our expected results.",
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