Fourth Quarter and Full Year 2026 Outlook	Estimated 4Q 2026	Estimated FY 2026
Available Seat Miles ("ASMs") Year-Over-Year	3.0% - 4.0%	1.5% - 2.5%
RASM Year-Over-Year	18.0% - 22.0%	13.5% - 14.5%
CASM Ex-Fuel (2) Year-Over-Year	(1.0%) - 1.0%	3.5% - 4.5%
Fuel Price per Gallon (4)	$4.64	$3.95
Adjusted Operating Margin (2)	-	(4.5%) - (6.5%)
Interest Expense	-	~$590 million
Capital Expenditures	~$300 million	~$850 million (3)

 

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