Q3 2021 Alaska Air Group Inc Earnings Call Transcript
Good morning. My name is Thea, and I will be the conference operator today. At this time, I would like to welcome everyone to the Alaska Air Group 2021 Third Quarter Earnings Release Conference Call. Today's call is being recorded and will be accessible for future playback at alaskaair.com. (Operator Instructions)
I will now turn the call over to Alaska Air Group's Managing Director of Investor Relations, Emily Halverson.
Thank you, Thea, and good morning. Thanks for joining us for our Third Quarter 2021 Earnings Call. This morning, we issued our earnings release, which is available at investor.alaskaair.com. On today's call, you'll hear updates from Ben, Andrew and Shane. Several others of our management team are also on the line to answer your questions during the Q&A portion of our call. This morning, Air Group reported third quarter GAAP net income of $194 million. Excluding special items and mark-to-market fuel hedge adjustments, Air Group reported adjusted net income of $187 million. Pretax margins
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