Alaska Air Group's (ALK) CEO Brad Tilden on Q3 2020 Results - Earnings Call Transcript

Oct. 22, 2020 5:13 PM ETAlaska Air Group, Inc. (ALK) Stock
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Q3: 2020-10-22 Earnings Summary

10-Q
EPS of -$3.23 misses by $0.30 | Revenue of $701.00M (-70.66% Y/Y) beats by $15.06M

Alaska Air Group, Inc. (NYSE:ALK) Q3 2020 Earnings Conference Call October 22, 2020 11:30 AM ET

Company Participants

Emily Halverson – Director-Investor Relations
Brad Tilden – Chairman and Chief Executive Officer
Ben Minicucci – President-Alaska Airlines
Shane Tackett – Executive Vice President Finance and Chief Financial Officer
Andrew Harrison – Executive Vice President and Chief Commercial Officer-Alaska Airlines
Chris Berry – Vice President, Finance and Controller
Nat Pieper – Senior Vice President of Fleet, Finance and Alliances, and Treasurer

Conference Call Participants

Helane Becker – Cowen
Andrew Didora – BOA
Savi Syth – Raymond James
Jamie Baker – JPMorgan
Joseph DeNardi – Stifel
Hunter Keay – Wolfe Research
Duane Pfennigwerth – Evercore ISI
Catherine O'Brien – Goldman Sachs
Mike Linenberg – Deutsche Bank
Brandon Oglenski – Barclays
Myles Walton – UBS

Operator

Good morning. My name is Sia, and I will be your conference operator today. At this time, I would like to welcome everyone to the Alaska Air Group Third Quarter Earnings Release Conference Call. Today's call is being recorded and will be accessible for future playback at alaskaair.com. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session for analyst. [Operator Instructions] Thank you.

At this time, I would like to turn the call over to Alaska Air Group's Director, Investor Relations, Emily Halverson. Please go ahead.

Emily Halverson

Thanks, Sia. Good morning, and thank you for joining us for our third quarter 2020 earnings call. On today's call, you'll hear updates from Brad, Ben and Shane. Several other members of our management team are also on the line to answer your questions during the Q&A portion of the call.

The global health and economic crises continue to significantly impact our business and outlook. This morning, Alaska Air

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