and everyone. Hello, morning, good
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and our So performance loss, our throughout financial that results. trended operational our I am now the quarter as quarter. positively pleased progressed to report we turning first to Despite
It's important first in in the primarily historically well in along Alaska, second to are our quarters. with driving positioned weaker our and our loss I note and entire of actively the network the results are and quarter, to capitalize current is improvements that seasonality. third We reflection business, industry, believe we a experienced
full Alaska quarter. in are years. snow historically. presented target January normal. for In weather year have year to in seasonality first few we found geographies, us quarter breakeven goal setting rates a small first to and and will start California, the it past, regular has has led across over challenging or ways results. the of all our profit icing have Therefore, Persistent more storms, reduce conditions elevated meaningful including a seen our right than a higher earn That's the our we've to to the future, cancellation than impact this February profit throughout on the next The conditions and
and in Despite challenges, ash Northwest of Pacific still operated disrupted we for the the volcanic our these one rate Additionally, year-to-date. recently operations best Alaska several days. with
periods. experience performance, and will and especially as remain demand into move our to to reliable we guests, our operational prioritize a delivering people We continue committed peak for we
goal greatest control and from Nature and cancels reduce teams us, harden to at resiliency can't a Mother impacts what operational our to have winter possible. we next set Although our throws weather customer before significantly the for I to extent
quarter, in our squarely million. we $XX The most were the within order delivered total But storms of that in on impact control. were metrics of QX this importantly,
ability past in stability see X less and revenue all particularly our improves. close our encouraged initiatives years returns, capacity, quarter and on in variability within I fuel, originally stability landed commercial excluding First we've when ranges. as forecasting seen greater performance execute to and cost unit company guided our than am to costs, the
continue outlook to remain strategic priorities and our we as unchanged on ahead, Looking initiatives. execute our
that to Air management, strengths the foundational fronts. will the disciplined continue Group These to overhead productivity progress including for profitable high us decades. well cost making are good and low returning on several have be on strengths, excellence, and focused drivers served primary remain teams we operational growth, consistent, Our of
are up X% passengers is Total compared have and per by aircraft year, Our productivity utilization to total trends FTE XX%. improving. we last increased
rates complete we forward mainline levels. With our our flight fact, the reaching has cycle. ratification work attendants our in a In to October. contract last to deal soon including utilization aircraft and attrition have pilot of several all contracts XXXX groups, signed declined new are exceeded rates Absentee looking back across year, the with and technicians attrition labor after
is fleet mainline single a to move driving better economics. Our
efficiency million the $XX a of superior or have our in this by fuel improved aircraft year-over-year quarter and fuel X gallons million direct result MAX of X% We as fleet. the equivalent saved
This is taking road the of XX,XXX off equivalent each cars year.
upgauging unlock us to constrained strategy, efficiencies seats our more XX AXXXs adds allows Additionally, growth than adding aircraft the environment. we which per departures within already replaced, an operating without
XX% producing this per aircraft at now are than last we did we year. time result, ASMs a more As
our to Finally, be of pillar sheet strength. a continues balance
trailing Our the return first double capital pandemic for since improve, to the digits continued began. reaching invested on XX-month time has
to remain Our long share spend strength at the program dilution offset restarted returns, support this target during officially financial to $XXX quarter, first has of on repurchase shareholder and year. our least and million also a history we allowed us to
peak QX summer prepared for busy QX, and our approach are we well As flying. we
providing being care has in have necessary This care, including of to well essential prepare culture. immersive more doing care are XX,XXX taken on and to values our to our to even important the team period post-pandemic. employees. view and guest guest-facing and our This become year throughput right retreat same our airline, as the doubling leadership's pilot training thing a which kind-hearted as focused emphasized proactive core steps X-day last retreat and self-care, compared We
to are level of while they the at proud performing to people airline excellence. work our meet of Our preparing integral a am success, do I and our demand high operational
this targets. of momentum out recovery taken have and fortify deliver our deliberate to We ability coming to build our steps on to
our returning the margin we margins forward, pretax XX% adjusted believe to $X.XX, will $X.XX that full year which have top X% stable of sight near or and to to be As at to of economy, of share confident will adjusted we double-digit remain quarter. strong per of pretax we deliver the we this earnings assuming a industry. And we line look
Despite proven record if and At the it any volatility for and be of strong. XXXX, a continued some potential negative remains economic travel recession in may of navigating the impact will adapting and economy, industry on softening face to track be have a Alaska, environments. in while remains seen there challenging we demand our revenue. sectors And business
map in profitable our are we the seeing turn a And on and I'll with it to growth, strength long-term This single as commercial to progress to over operator to benefits restoring already that, new Andrew. environment of continue success. positions we road unlocking any commitments well our deliver As our our financial and us initiatives. historical on drive fleet
