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Delta Air Lines, Inc. (NYSE:DAL) Q3 2025 Earnings Call October 9, 2025 10:00 AM EDT
Company Participants
Julie Stewart – Vice President of Investor Relations
Ed Bastian – CEO & Director
Glen W. Hauenstein – President
Daniel Janki – Executive VP & CFO
Tim Mapes – Senior VP & Chief Communications Officer
Conference Call Participants
Duane Pfennigwerth – Evercore ISI Institutional Equities, Research Division
Thomas Fitzgerald – TD Cowen, Research Division
Catherine O’Brien – Goldman Sachs Group, Inc., Research Division
Jamie Baker – JPMorgan Chase & Co, Research Division
Conor Cunningham – Melius Research LLC
Andrew Didora – BofA Securities, Research Division
Michael Linenberg – Deutsche Bank AG, Research Division
Sheila Kahyaoglu – Jefferies LLC, Research Division
Savanthi Syth – Raymond James & Associates, Inc., Research Division
Scott Group – Wolfe Research, LLC
Ravi Shanker – Morgan Stanley, Research Division
Brandon Oglenski – Barclays Bank PLC, Research Division
Thomas Wadewitz – UBS Investment Bank, Research Division
David Vernon – Sanford C. Bernstein & Co., LLC., Research Division
Leslie Josephs
Mary Schlangenstein
Niraj Chokshi
Presentation
Operator
Good morning, everyone, and welcome to the Delta Airlines September Quarter 2025 Financial Results Conference Call. My name is Matthew, and I will be your coordinator. [Operator Instructions] As a reminder, today’s call is being recorded. [Operator Instructions] I would now like to turn the conference over to Julie Stewart, Vice President of Investor Relations and Corporate Development. Please go ahead.
Julie Stewart
Vice President of Investor Relations
Thank you, Matthew. Good morning, and thank you for joining us for our September quarter 2025 earnings call. Joining us today from Atlanta are CEO, Ed Bastian; our President, Glen Hauenstein; and our CFO, Dan Janki. Ed will open the call with an overview of Delta’s performance and strategy. Glen will provide an update on the revenue environment, and Dan will discuss costs and our balance sheet. After the prepared remarks, we’ll take analyst questions. We ask you to please limit yourself to one question and a brief follow-up so
