Frontier Group Holdings, Inc.

there will be a question and answer session to ask a question during the session you will need to press star 1 1 on the telephone you will then hear an automated message advising that your hand is raised to withdraw your question please press star 1 again please be advised that today's conference is being recorded I would now like to hand the conference over to your first speaker today David Erdmann senior director of investor relations please go ahead and

Thank you and good afternoon, everyone. Welcome to our third quarter 2025 earnings call. On the call with me in speaking order are Barry Biffle, Chief Executive Officer, Jimmy Dempsey, President, Bobby Schroeder, Chief Commercial Officer, and Mark Mitchell, Chief Financial Officer. Each will deliver a brief prepared remarks, but before they do, I'll recite the customary Safe Harbor provisions. During this call, we will be making forward-looking statements which are subject to risks and uncertainties. Actual results may differ materially from those predicted in these forward-looking statements. Additional information concerning risk factors which could cause such differences are outlined in the announcement we released moments ago. Along with reports, we file with the Securities and Exchange Commission. We'll also be discussing non-GAAP financial measures, actual results of which are reconciled to the nearest comparable GAAP measure in the appendix of the earnings announcement And as well, we'll be talking about stage-adjusted unit metrics, which are based on 1,000 miles. So I'll give the floor to Barry to begin his prepared remarks. Barry?

Thanks, David, and good afternoon, everyone. We delivered third-quarter results per share at the midpoint of our guidance range, demonstrating disciplined execution as we navigated competitive fare pressures and excess peak capacity through the rigorous cost management. Operationally, our performance was noteworthy in September and October, ranking third and fourth, respectively, and completion factor among domestic carriers, underscoring our reliability and operational strength. Looking ahead, the competitive landscape is shifting in our favor. With our largest low fare competitor significantly reducing capacity, we anticipate a more balanced supply-demand environment. This positions us to accelerate key commercial initiatives aimed at driving RASM growth and reinforcing our competitive advantage. Our strategy remains clear to be the leading low fare carrier in the top 20 U.S. metros, We are leveraging enhancements to our loyalty program and upgraded product offerings, including the rollout of first-class seating by spring, an important milestone in elevating customer experience and revenue opportunities. At the same time, we will continue to aggressively manage costs to preserve our industry-leading cost advantage, which is central to delivering sustainable margin improvement. I want to thank our 15,000 Team Frontier members, including pilots, flight attendants, mechanics, airport staff, and more, whose dedication enables us to deliver the exceptional service and execute on our strategy every day. Now I'll turn the call over to Jimmy for commercial review. Jimmy?