Air Transport Services Group, Inc

Good day and thank you for standing by. Welcome to the Q2 2024 Air Transport Services Group, Inc. Earnings Conference Call. At this time, all participants are in a listen-only mode. Please be advised that today's conference is being recorded. After the speaker's presentation, there will be a question and answer session. To ask a question, please press star 1 1 on your telephone and wait for your name to be announced. To withdraw your question, please press star 1 1 again. I would now like to hand the conference over to your speaker today, Joe Payne, Chief Legal Officer.

Good morning, and welcome to our second quarter 2024 earnings conference call. We issued our earnings release yesterday after the market closed. It's on our website at 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. Age 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, changes in the market demand for our assets and services, including the loss of customers or reduction in the level of services we perform for customers, 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, the impact of the current competitive labor market, changes in general economic and or industry-specific conditions, including inflation and regulatory changes, the impact of geopolitical tensions or conflicts and human health crises, and other factors as contained from time to time in our filings with the SEC, including the Form 10-Q to be filed today. We will also refer to non-GAAP financial measures from continuing operations, including adjusted earnings, adjusted earnings per share, adjusted pretax earnings, adjusted EBITDA, free cash flow, and adjusted free 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 Joe Headey, our Executive Chairman, for his opening comments.

Joe Headey Thank you, Joe. Good morning, everyone. I want to spend just a moment on the leadership transitions we announced back in June. Mike Berger, previously our President, was appointed as CEO. Jeff Dominick, previously a board member, took over Mike's role as president while I became the executive chairman. Many of you already know Mike well from prior earnings calls and investor meetings. He's been with ATSG since 2018 and brings a wealth of knowledge and experience having worked for major air express companies throughout his career. With a background in private equity investing in commercial aerospace markets, Jeff expands ATSG's financial acumen in the aircraft leasing space and we look forward to you meeting, Jeff. As for me and my new role, I will still be heavily involved in the strategy development and the formulation of long-term business objectives for ATSG. I'll turn the call over now to Mike to update you on the quarter, and both Jeff and I will be available during the Q&A session. Mike?