Bristow Group, Inc.

Good day and welcome to the Bristow Group Fiscal Q3 2021 Results Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Crystal Gordon, Senior Vice President, General Counsel. Please go ahead.

Thank you, Jordan, and good morning, everyone. Welcome to Bristow Group's third quarter fiscal year 2021 earnings call. I'm joined on the phone today with our President and Chief Executive Officer, Chris Bradshaw. and Senior Vice President, Chief Financial Officer, Jennifer Whalen. Let me remind everyone, during the call, management may make forward-looking statements that are subject to risks and uncertainties that are described in more detail on slide three of our investor presentation. You may access our investor presentation on our website. We will also reference certain non-GAAP financial measures, such as EBITDA and free cash flow. A reconciliation of such measures to GAAP is included in the earnings release and our investor presentation. I'll now turn the call over to our president and CEO, Chris.

Thank you, Crystal. And welcome to the call, everyone. As always, I will begin our prepared remarks with a note on safety, which is Bristow's most important core value and our highest operational priority. I want to thank and commend all of our Bristow team members for their focus and dedication to place safety first every day, despite the numerous potential distractions in the world around us. We have achieved our target of zero air accidents thus far in FY21 and remain committed to achieving the highest safety standards to ensure that all of our customers and employees return home safely. We are also pleased with our financial results this quarter, which demonstrated resilient revenues and adjusted EBITDA performance. During the quarter, we repaid $41 million of debt and purchased over 100,000 shares of common stock. With our strong balance sheet, $345 million total liquidity, and continued positive free cash flow generation, Risto possesses industry-leading financial flexibility.