Operator: Hello, and thank you for standing by. Welcome to AAR Corp. First Quarter Fiscal Year 2026 Earnings Conference Call.

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A six-figure visa toll scrambles hiring, squeezes hospitals and labs, and pushes Indian students to weigh Canada and Europe.

The Muse system was cyber attacked, the software went down and airports had to resort to manual check-in and luggage tagging.

Hello, and thank you for standing by. Welcome to AAR Fourth Quarter Fiscal Year 2026 Earnings Conference Call. I would now like to hand the conference over to management. You may begin.

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