2/26/2024

speaker
Operator
Conference Operator

All participants, please stand by. Your conference is ready to begin. Good morning, ladies and gentlemen. Welcome to the CargoJet conference call. I would now like to turn the meeting over to Martin Herman. Please go ahead, Mr. Herman.

speaker
Martin Herman
General Counsel and Corporate Secretary, CargoJet

Thank you. Good morning, everyone. My name is Martin Herman. I am CargoJet's General Counsel and Corporate Secretary, and thank you for joining us today on this call. With me on the call this morning are A.J. Vermani, our Executive Chairman, Pauline Dillon, Co-Chief Executive Officer, Jamie Porteus, Co-Chief Executive Officer, Scott Calver, our Chief Financial Officer, and Sanjeev Meni, our Vice President of Finance. After opening remarks about the quarter, we will open the call for questions. I would like to point out that certain statements made on this call, such as those relating to our forecasted revenues, costs, and strategic plans, are forward-looking information within the meaning of applicable securities laws. This call also includes references to non-GAAP measures like adjusted EBITDA, adjusted earning per share, and return on invested capital. Please refer to our most recent press release and MD&A for important assumptions and cautionary statements relating to forward-looking information and for reconciliation of non-GAAP measures to GAAP measures. I will now turn the call over to AJ.

speaker
A.J. Vermani
Executive Chairman, CargoJet

Thank you, Martin, and good morning, everyone. As you know, I stepped into the role of Executive Chairman effective January 1st, 2024. I'm extremely pleased to end the year with strong Q4 and full year results. This is extremely gratifying given the economic backdrops we faced in 2023 and the industry faced a downward trend. In my 22 years as a CEO, I have lived through three major economic cycles and each time the company has come out stronger. But running a business is a team sport. There is a tremendous team at CargoJet behind our long and successful track record of serving customers. Every single employee at CargoJet is passionate about customer success. While I continue to work on strategic initiatives as executive chairman, and I'm truly lucky to have two incredibly talented leaders, Pauline and Jamie, stepping up to take on the role of co-CEOs. Both these leaders have worked hand in hand and with me and have been battle tested over the past 22 years. Together we have seen plenty of highs and lows and have always found solutions to challenges no matter how difficult the task. Their high energy combined with deep industry experience makes them ideal co-CEO partners and take CargoJet to the next level. Therefore, it is only appropriate that Pauline and Jamie provide you with more color about the business, various initiatives, and our preparedness for the future. I will pass on the call to Pauline now.

Disclaimer

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