Air Transport Services Group

Air Transport Services Group, Inc. engages in the provision of airline operations, aircraft leases, aircraft maintenance, and other support services primarily to the cargo transportation and package delivery industries. It operates through the CAM and ACMI Services segments. The CAM segment consists of the company's aircraft leasing operations. The ACMI Services segment involves the company's airline operations. The company was founded on April 16, 1980 and is headquartered in Wilmington, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ATSG surpasses 2022 financial goals, eyes growth amid challenges

ATSG's 2022 performance exceeded expectations, with a focus on growth and resilience in the face of challenges.
The company's strategic guidance for 2023 indicates a proactive approach to capital investments and revenue targets.
Despite market concerns, ATSG remains optimistic about future growth, supported by strong customer relationships and operational efficiency.

Air Transport Services Group reports revenue growth amidst inflation challenges

ATSG's Q1 2023 performance reflects revenue growth and adjusted free cash flow resilience amidst inflationary challenges.
The company faces challenges in the ACMI Services segment due to cost pressures and maintenance spikes, offset by long-term contract strategies.
Opportunities lie in future EBITDA growth driven by lease order book, rate increases, and strong demand for aircraft conversions.
Overall, ATSG maintains a strong position with a successful business strategy and confidence in future earnings and cash flow growth.

ATSG reports revenue growth and strategic focus on shareholder returns

ATSG's Q2 performance reflects revenue growth, stable EBITDA, and a focus on shareholder returns and operational efficiencies.
Despite challenges in CAM's lower pretax earnings and analyst inquiries, ATSG remains committed to optimizing fleet performance and capital returns.
Opportunities in e-commerce, emerging markets, and strategic industry positioning guide ATSG's focus on generating superior returns for investors.

ATSG reports mixed Q3 results, focuses on flexibility and growth

ATSG's Q3 performance showed revenue growth but declines in earnings, with a focus on managing challenges and seizing opportunities for future growth.
The company's strengths lie in its commitment to long-term goals, stable liquidity position, and strong collateral value.
Challenges include operational issues, pilot attrition, and market uncertainties, while opportunities exist in asset deployment and aircraft conversions.

Air Transport Services Group reports Q4 challenges, eyes leasing opportunities

ATSG faces challenges from lower demand and lease returns impacting financials, but aims to capitalize on leasing opportunities and generate positive cash flow. The company provided a conservative EBITDA guidance for 2024 while focusing on aligning business scale with demand and reducing debt to enhance flexibility.

ATSG raises EBITDA guidance amidst revenue decline and growth opportunities

ATSG's Q1 2024 performance saw revenue decline, but adjusted EBITDA guidance was raised by $10 million.
The company faces challenges with A321s and GTF engine issues, while maintaining labor stability and pursuing growth opportunities.
Opportunities lie in the strong demand for 767-300 and A330 aircraft, market trends in e-commerce, and potential EBITDA upside.
ATSG aims to generate cash flow for investments and be free cash flow positive for the year.

ATSG reports Q2 earnings decline but anticipates strong 2024 outlook

ATSG's Q2 performance reflected challenges in revenues and adjusted earnings but highlighted strengths in milestone achievements and financial outlook.
The company's focus on financial discipline, efficiency, and liquidity positions it well for future growth opportunities amidst operational and industry challenges.
Key areas of focus include reducing adjusted EBITDA leverage ratio, maintaining healthy liquidity, and capitalizing on growth prospects in the freighter market.
Ongoing discussions on labor negotiations, aircraft conversions, and financial strategies underscore the company's proactive approach to addressing challenges and seizing opportunities.

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Air Transport Services' third-quarter 2024 earnings and revenues decrease year over year.

ATSG Q3 Earnings & Revenues Miss Estimates, Decrease Y/Y

While the top- and bottom-line numbers for Air Transport Services (ATSG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Air Transport Services (ATSG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Air Transport Services (ATSG) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.32 per share a year ago.

Air Transport Services (ATSG) Q3 Earnings and Revenues Lag Estimates

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the third quarter ended September 30, 2024. Those results, as compared with the same period in 2023, were as follows: Third Quarter Results Revenues of $471 million, versus $523 million GAAP Loss per Share from Continuing Operations of ($0.0.

ATSG Reports Third Quarter 2024 Results

Evaluate the expected performance of Air Transport Services (ATSG) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Seeking Clues to Air Transport Services (ATSG) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics

Air Transport Services Group's third-quarter results are expected to be boosted by robust cost-cutting initiatives and a strong demand scenario.

ATSG Gears Up to Report Q3 Earnings: What's in the Offing?

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Air Transport Services Group, Inc. (NasdaqGS: ATSG) to Stonepeak. Under the terms of the proposed transaction, shareholders of Air Transport will receive $22.50 in cash for each share of Air Transport that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequ.

AIR TRANSPORT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Air Transport Services Group, Inc. - ATSG

NEW YORK, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Air Transport Services Group, Inc. (Nasdaq: ATSG ), relating to a proposed merger with Stonepeak Nile Parent LLC. Under the terms of the agreement, Air Transport Services Group shareholders will receive $22.50 per share of Air Transport Services Group Common Stock they own.

STOCKHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Air Transport Services Group, Inc. – ATSG

Here is how Air Transport Services (ATSG) and Corporacion America Airports S.A. (CAAP) have performed compared to their sector so far this year.

Is Air Transport Services Group (ATSG) Stock Outpacing Its Transportation Peers This Year?

The deal between Stonepeak and Air Transport Services is likely to be closed in the first half of 2025.

Private Entity Stonepeak to Acquire ATSG for $3.1B, Shares Up

Air Transport Services (ATSG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Strength Seen in Air Transport Services (ATSG): Can Its 26.4% Jump Turn into More Strength?

NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Air Transport Services Group, Inc. (NASDAQ: ATSG) and its board of directors concerning the proposed acquisition of the company by Stonepeak. Stockholders will receive $22.50 for each share of Air Transport Services Group stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Air Transport Services Group, Inc.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Air Transport Services Group, Inc. (NASDAQ: ATSG) to Stonepeak for $22.50 per share in cash is fair to Air Transport shareholders. Halper Sadeh encourages Air Transport shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns w.

ATSG Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Air Transport Services Group, Inc. Is Fair to Shareholders

MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating ATSG (NASDAQ: ATSG) for possible breaches of fiduciary duty and other violations of law in its transaction with Stonepeak. Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. Under the agreement, stockholders of ATSG will receive only $22.50 per share, with an enterprise valuation of approximately $3.1 billion. The transaction agreement unreasonably limits co.

Shareholder Alert: Ademi LLP investigates whether Air Transport Services Group, Inc. is obtaining a Fair Price for its Public Shareholders

Air Transport Services Group said on Monday it was being acquired by investment firm Stonepeak in a deal valued at $3.1 billion, including debt, sending the aircraft lessor's shares up 22.9% before the bell.

Investment firm Stonepeak to buy Air Transport Services Group in $3.1 billion deal

WILMINGTON, Ohio & NEW YORK--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ:ATSG), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today announced that it has entered into a definitive agreement to be acquired by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, in an all-cash transaction with an enterprise valuation of approximately $3.1 billion. Under the terms of the def.

ATSG to be Acquired by Stonepeak for $3.1 Billion

Stonepeak is in advanced talks to acquire Air Transport Services Group , a provider of aircraft leasing and cargo transportation services, for about $3.1 billion including debt, people familiar with the matter said on Sunday.

Exclusive: Stonepeak nears $3.1 billion deal for aircraft lessor ATSG, sources say

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG has signed an agreement with Purdue Global to make higher education more accessible to ATSG employees and their immediate family members.

ATSG Partners with Purdue Global on Employee Education Benefit

PITTSBURGH, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Lynch Carpenter, LLP is investigating a class action against ATSG, Inc. regarding a recently announced data breach. The ATSG data breach may have involved personally identifiable information and protected health information belonging to approximately 909,000 individuals.

Lynch Carpenter Investigates Claims in ATSG Data Breach

Edelson Lechtzin LLP is investigating claims regarding data privacy violations by ATSG, Inc.  NEWTOWN, PA / ACCESSWIRE / October 25, 2024 / The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations by ATSG, Inc. ("ATSG"). ATSG learned of suspicious activity around September 2024.

DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims For ATSG, Inc. Care Customers Whose Data May Have Been Compromised

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will issue 3Q 2024 earnings before markets open on Friday, Nov. 8, and host an investor call at 10 a.m. EST that day to review financial results.

ATSG to Host Third Quarter 2024 Investor Conference Call

The consensus price target hints at a 26.5% upside potential for Air Transport Services (ATSG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Air Transport Services (ATSG) Could Surge 26.46%: Read This Before Placing a Bet

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Air Transport Services Group (ATSG) Stock?

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Air Transport Service Group is benefiting from its robust cost-cutting initiatives. The decrease in operating expenses is boosting the company's bottom line.

News for Air Transport Services Group Stock (ATSG)