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Revenue: $5.2 billion, essentially the same as last year.
Operating Loss: $108 million.
Adjusted EBITDA: $387 million, better than market expectations.
Free Cash Flow: $831 million generated in the quarter.
Advanced Ticket Sales: Increased by $1 billion from the end of 2024.
Passenger Revenues: $4.3 billion, a decrease of 3% year-over-year.
Cargo Revenues: Increased 16% to $250 million from the previous year.
Operating Expenses: Increased to $5.3 billion.
Adjusted CASM: $0.153, up 3.5% from the previous year.
Net Leverage Ratio: 1.3%, down from 1.4% at the end of Q4 2024.
Available Liquidity: $9.5 billion at the end of the first quarter.
Share Buyback: Purchased and canceled over 15 million shares for $350 million.
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