Bristow Group, Inc.

Good day everyone and welcome to today's Bristow Group Reports third quarter of 2023 earnings call. Today's call is being recorded. At this time all participants are in listen only mode. Later you will have the opportunity to ask questions during the question and answer session. You may register to ask a question at any time by pressing the star and five on your touchtone phone. You may withdraw yourself from the queue by pressing star and five again. At this time I would like to turn the call over to Red Tillivan, Senior Manager of Investor Relations and Financial Reporting.

Red. Thank you, Dan. Good morning, everyone, and welcome to Bristow Group's third quarter of 2023 earnings call. I am joined on the call today with our President and Chief Executive Officer, Chris Bradshaw, and Senior Vice President and Chief Financial Officer, Jennifer Whalen. Before we begin, I'd like to take this opportunity to remind everyone that during the course of this 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 will now turn the call over to our President and CEO, Chris.

Thank you, Red, and welcome to the call, everyone. As always, I will begin our prepared remarks with a note on safety, which is Bristow's number one core value and our highest operational priority. The company has achieved our target of zero air accidents through the first 10 months of 2023. With respect to workplace safety, we are pleased that our total recordable incident rate has declined and we have experienced fewer incidents resulting in loss over time. While this represents excellent safety performance year to date, we of course understand that our safety record must be earned anew each and every day. I want to thank and commend all our team members around the world for their continued dedication to Bristow's Target Zero safety culture. Turning to operational and financial highlights, We are very pleased to announce a significant earnings beat this quarter and guidance raised for full year 2023. Consistent with our outlook that the second half of 2023 would mark the positive inflection point for Bristow's financial results, Q3 adjusted EBITDA of $57 million, excluding asset dispositions and foreign exchange losses, represents a 45% sequential quarter improvement and supports our expectations for stronger financial results in 2024 and beyond. We will have more to share on our future outlook later in this call. For now, I will hand it over to our CFO for a review of the quarter's financial results. Jennifer.