AAL JPM Industrials 2026

All right, folks. Moving right along to our second track this morning. I'm very pleased to turn the stage over to the C-suite from American Airlines. Obviously, moving down the road, we're very delighted that Robert Isom, CEO, would join us today.

Devon May to his left. And Nat Pieper, I think many of you know, but I think this is the first time -- well, it has to be the first time as an American employee that you've taken the stage at our event. It's great to see you again, long history. Why don't I turn it over to Neil Russell, who runs Investor Relations for the opening remarks, and then we'll take it from there.

Well, good morning, everyone. Thank you so much for joining here in the room and for all of you on the webcast as well. As Jamie said, Neil Russell with the Investor Relations team. Before I toss it over to Robert for the presentation, just a quick reminder for everyone.

Today's presentation does contain some non-GAAP figures. Reconciliations to those non-GAAP figures are included in the presentation and on our website. And additionally, any forward-looking projections that we'll talk about today do have risk factors associated with those, and those risk factors are articulated in our 10-K, which can also be found on the website. So with that out of the way, I'm pleased to turn it over to our CEO, Robert Isom.

Thanks, Neil, and good morning, everyone. Jamie, Mark, thanks for having us here. All right. I'm going to start right off the bat.

Demand for our product is strong. And our revenue performance is improving at a rate greater than we had originally anticipated, and we're increasing our first quarter guide to now expecting more than 10% growth, and that's a record year-over-year for us. And if you put that in real numbers, that's $1.3 billion more revenue year-over-year approximately at this point. The fundamentals are moving in the right direction.

8 of our top 10 days of revenue bookings, 8 of our top 10 revenue weeks in our company history have been in this quarter. And the quarter that we're seeing this strong momentum, it's really translated into very nice unit revenue performance. In March, we're expecting greater than 10% unit revenue performance. And we see that strength continuing on into April and May as well.

A few things about this growth. There continues to be very, very strong demand for our premium products, and we're seeing