TOEIC Listening Part 4 — Petikan

Petikan

Good morning, everyone. This is the quarterly earnings call for Global Air Holdings. I'm Sarah Chen, the Chief Financial Officer. We're pleased to report a significant increase in revenue for the third quarter, primarily driven by strong performance in our cargo division and a rebound in passenger traffic. Net income rose by 15% compared to the same period last year, reaching $2.5 billion. Operating expenses were well-managed, despite rising fuel costs. However, we did experience some disruptions due to unexpected weather patterns, which unfortunately led to a number of flight delay announcements impacting our on-time performance metrics. We are implementing new operational strategies to mitigate such issues in the future. We anticipate continued growth in the fourth quarter, though we remain cautious about global economic headwinds. Thank you. I'll now turn it over to our CEO, Mr. David Lee.

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