Delta Air Lines, Inc.

Your conference will be recorded after the tone.

Good morning, everyone, and welcome to the Delta Airlines March Quarter 2025 conference call. My name is Matthew, and I'll be your coordinator. At this time, all participants run a listen-only mode until we conduct a question and answer session following the presentation. As a reminder, today's call is being recorded. If you have any questions or comments during the presentation, you may press star 1 on your phones into the question queue at any time. I would now like to turn the conference over to Julie Stewart, Vice President of Investor Relations. Please go ahead.

Thank you, Matthew. Good morning, everyone, and thank you for joining us. On today's call, we will hear from our CEO, Ed Bastian, our President, Glenn Hauenstein, and our CFO, Dan Jenke. Ed will open the call with an overview of Delta's performance and strategy, Glenn 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 please ask that you limit yourself to one question and a brief follow-up so we can get to as many of you as possible. After the analyst Q&A, we'll move to our media questions. Today's discussion contains forward-looking statements that represent our beliefs or expectations about future events. All forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Some of the factors that may cause such differences are described in Delta's SEC filings. We'll also discuss non-GAAP financial measures, and all results exclude special items unless otherwise noted. You can find a reconciliation of our non-GAAP measures on the IR website at ir.delta.com. And with that, I'll turn the call over to Ed.