Madison Air Solutions Corporation Class A (MAIR) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the Madison Air first quarter 2026 earnings conference call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question and answer session. Please be advised that today's call is being recorded. I will now turn the call over to Steve Lotufo, Senior Vice President, Investor Relations. Please go ahead. Thank you. Good morning and welcome to Madison Air's first earnings call as a public company. We're thrilled to speak with you today about Madison Air and our first quarter of 2026 earnings performance. Joining me today, Jill Lyon, President and Chief Executive Officer, and J.J. Foley, Chief Financial Officer. Before we begin, I'd like to remind everyone that certain statements on this call are overlooking in nature and are subject to risks and uncertainties that could cause actual results of different materials. For information concerning these risks, please see Madison Air's recent SEC filing. We undertake no obligation to update these statements as a result of new information or future events. In addition, in today's remarks, when comparing 1Q2026 results to 1Q2025, we're referring to our 2025 performance. Such information is presented on a combined basis for Madison Air and April Air, calculated as if April Air had been owned since January 1, 2025. We will also refer to certain other non-GAAP financial measures. You can find calculations and a reconciliation of these measures in the most closely comparable gap measure in our earnings release, presentation accompanying this call, and in the supplemental information as applicable, which can be found in the investor relations section of our website at madisonair.com. With that, I'll turn the call over to Jill. Thank you, Steve. Good morn...