The company said it expects RASM for Q4 2024 to rise 5.5% to 7.0% year over year and ASMs (capacity) to fall about 4% year over year. The prior RASM range was an increase of 3.5% to 5.5%.

1. 01

   The company said it expects RASM for Q4 2024 to rise 5.5% to 7.0% year over year and ASMs (capacity) to fall about 4% year over year. The prior RASM range was an increase of 3.5% to 5.5%.

2. 02

   The company said its economic fuel cost per gallon for Q4 2024 is now expected at $2.35 to $2.45, up from the previous outlook of $2.25 to $2.35, and that CASM-X is unchanged, rising 11% to 13% year over year.

3. 03

   The company cited better-than-expected leisure travel demand and faster-than-expected benefits from revenue management improvements as the drivers of the higher RASM outlook.

4. 04

   The company said it intends to launch an additional $750 million accelerated share repurchase (ASR) program in Q1 2025, and that after the launch, $1.5 billion will remain under the $2.5 billion share repurchase program authorized by its Board of Directors in September 2024.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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