Earnings Call Excerpt
Atlas Air Worldwide Holdings Inc. (AAWW)
Q3 2008 Earnings Call
November 06, 2008; 11:00 am ET
Executive
Bill Bradley - Vice President and Treasurer
Bill Flynn - President and Chief Executive Officer
Jason Grant - Senior Vice President and Chief Financial Officer
Analysts
Bob Labick - CJS Securities
John Barnes - BB&T Capital Markets
Alex Brand - Stephens Inc
David Campbell - Thompson, Davis, & Co
Richard Robinson - Value Advisory
Presentation
Operator
Welcome to the Atlas Air Worldwide Holdings Incorporated third quarter conference call. During today’s presentation all parties will be in a listen-only mode. (Operator Instructions) This conference is being recorded Thursday, November 6, 2008. I would now like to turn the conference over to Bill Bradley, Vice President and Treasurer; please go ahead sir.
Bill Bradley
Thank you and good morning everyone. I am Bill Bradley, Vice President and Treasurer of Atlas Air Worldwide Holdings and welcome to our third quarter 2008 earnings review conference call. Today’s call will be hosted by Bill Flynn, our President and Chief Executive Officer. Joining Bill is Jason Grant, our Senior VP and Chief Financial Officer.
I would also like to remind you that in discussing the company’s performance today, we have included some forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events and expectations, and involve unknown risks and uncertainties. Our actual results or actions may differ materially from those projected in the forward-looking statements.
Please refer to the Safe Harbor language in our recent press releases, and to the Risk Factors set forth in our annual report on Form 10-K filed with the SEC on February 28, 2008 for a summary of specific Risk Factors that could cause results to differ materially from those expressed in our forward-looking statements.
In our discussion today, we also include some non-GAAP financial measures. You can find our presentation on the most directly comparable GAAP financial measures calculated in accordance with Generally Accepted Accounting Principals and our related reconciliation in our recent press releases, which are posted on our website at www.atlasair.com. You may access these releases by clicking on the link to Financial News in the Investor Relations section of the website.
At this point, I’d like to turn the call over to Bill Flynn.
Bill Flynn
Thank you, Bill, and welcome everyone. We remain focused on de-risking our business model, strengthening earnings and modernizing our fleet. The actions, we have taken to transform our business and strength our financial positions service us well in the challenging economic times. They are also the foundation for growing our business and earnings.
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