Air Transport Services Group, Inc

The conference will begin shortly. To raise and lower your hand during Q&A, you can dial star 1 1.

Good day and thank you for standing by. Welcome to the Air Transport Services Group fourth quarter 2022 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you'll need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. Please be advised today's conference is being recorded. I would like to hand the conference over to your speaker today, Joe Payne, Chief Legal Officer. Please go ahead.

Good morning, and welcome to our fourth quarter 2022 earnings conference call. We issued our earnings release yesterday after the market closed. It's on our website, ATSGINC.com. Let me begin by advising you that during the course of this call, we will make projections and other forward-looking statements that involve risks and uncertainties. Our actual results and other future events may differ materially from those we described here. These forward-looking statements are based on information, plans, and estimates as of the date of this call. Air Transport Services Group undertakes no obligation to update any forward-looking statements to reflect changes in underlying assumptions, factors, new information, or other changes. These factors include but are not limited to unplanned changes in the market demand for our assets and services, Our operating airline's ability to maintain on-time service and control costs. The cost and timing with respect to which we are able to purchase and modify aircraft to a cargo configuration. Fluctuations in ATSG's traded share price and in interest rates, which may result in mark-to-market charges on certain financial instruments. The number, timing, and scheduled routes of our aircraft deployments to customers. Our ability to remain in compliance with key agreements with customers, lenders, and government agencies. The impact of current supply chain constraints, both within and outside the U.S., which may be more severe or persist longer than we currently expect. The impact of the current competitive labor market. Changes in general economic and or industry specific conditions. Factors relating to the COVID-19 pandemic, including that the pandemic may continue for a longer period or its effect on commercial and military passenger flying may be more substantial than we currently expect. Disruptions in our workforce and staffing capability, disruptions in our ability to access airports and maintenance facilities, or adversely impact our customers' creditworthiness and the continuing ability of our vendors and third-party service providers to maintain customary service levels. and other factors as contained from time to time in our filings with the SEC, including the Form 10-K we will file next week. We will also refer to non-GAAP financial measures from continuing operations, including adjusted earnings, adjusted earnings per share, adjusted pre-tax earnings, adjusted EBITDA, and adjusted cash flow. Management believes these metrics are useful to investors in assessing ATSG's financial position and results. These non-GAAP measures are not meant to be a substitute for our GAAP financials. We advise you to refer to the Reconciliations to GAAP measures, which are included in our earnings release and on our website. And now I'll turn the call over to Rich Corrado, our President and CEO, for his opening comments.