Southwest Airlines Co. (LUV) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript

David Vernon
Bernstein Institutional Services LLC, Research Division

All right. Awesome. So thank you, guys, everyone, for joining us. My name is David Vernon. I cover the airlines and transports for Bernstein. We are pleased to have Southwest Airlines here, Bob Jordan, the CEO; Ryan Martinez in Finance; Danielle Collins in IR with us as well.

So thank you all for coming out to support the conference. Bob, I’m going to — or actually, before we get started, if you do have questions, you want to put through the pigeon hole. I’ve got the other side of that technology here. So feel free to put them in there, and I’ll see if I can work them into the conversation. With that, I’m going to let Bob kick us off with some prepared remarks, and we’ll get into the Q&A. Bob, thank you for joining us.

Robert Jordan
President, CEO & Vice Chairman of the Board

Thank you so much. And I was told I have to say, look at your screen, there’s a cautionary statement that has to be there. So please read all those words in detail. And — but anyway, thanks for doing this. Really appreciate it, and thanks for the time. I’ll just give you a quick sort of lay of the land of how is the business performing.

Obviously, we put a lot of changes in the last 18 months. The biggest transformation in the history of Southwest Airlines, it really was a fundamental change to our business. We didn’t change our core. So the best domestic network, the