Q4 2018 Air Transport Services Group Inc Earnings Call Transcript
Welcome to the Q4 2018 Air Transport Services Group, Inc. Earnings Conference Call. My name is Adrienne, and I'll be your operator for today's call. (Operator Instructions) Please note, this conference is being recorded.
I'll now turn the call over to Mr. Joe Hete, President and CEO. Mr. Hete, you may begin.
Thank you, Adrienne. Good morning, and welcome to our fourth quarter 2018 earnings conference call. With me today are Quint Turner, our Chief Financial Officer; and Rich Corrado, our Chief Operating Officer.
We issued our earnings release yesterday after the market close. It's on our website, atsginc.com. We will file our Form 10-K tomorrow.
I'm very pleased to report that we ended 2018 with substantial increases in revenues and earnings on the strength of a solid fourth quarter. Our revenues increased 27% for the quarter and 15% for the year, excluding reimbursables. Our earnings on an adjusted basis were up 23% for the quarter and 42% for the year, largely due
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