Balance Sheet And LiquidityDebt refinancing and a sale-leaseback transaction strengthened liquidity and lowered financing costs, providing capacity to fund additional aircraft and operational needs.
Fleet ExpansionExpansion of the Super Scooper and MMA aircraft fleet positions the company as the largest private operator of scarce firefighting assets, increasing pricing power and market share in aerial firefighting.
Operational Performance And OutlookRecord revenue and adjusted EBITDA results alongside a raised revenue outlook indicate improved fleet utilization and management confidence in continued margin expansion.