...Good morning, ladies and gentlemen, and welcome to AAR's 2025 Annual meeting of Stockholders. I'm John Holmes, Chairman of the Board, President and CEO of the company. I'm pleased to serve as Chairman of this annual meeting. We're excited to be hosting this meeting virtually, which allows us to be more inclusive and reach a greater number of our stockholders. We have stockholders attending via the web. We will be conducting this meeting in accordance with the rules of conduct and procedures accessible through a link on the web portal. As is our custom, we will conduct a business portion of our meeting first and address questions on the meeting matters before the polls close. Though we will not be able to answer every question, we will do our best to provide a response to as many as possible. Only validated stockholders may ask questions in the designated field on the web portal. Out of consideration for others, please limit yourself to one question. Please note that this meeting is being...
