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 Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

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

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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?

Clipper Realty

CommScope Hld

Hyster-Yale Materials Handling

Silvercorp Metals

COMM, CLPR, SVM, ATSG and HY have been added to the Zacks Rank #1 (Strong Buy) List on October 9, 2024.

New Strong Buy Stocks for October 9th

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

Here's Why Investors Should Invest in ATSG Stock Right Now

Are Investors Undervaluing Air Transport Services Group (ATSG) Right Now?

The mean of analysts' price targets for Air Transport Services (ATSG) points to a 31% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe Air Transport Services (ATSG) Could Rally 31.04%: Here's is How to Trade

WILMINGTON, Ohio--(BUSINESS WIRE)--The ATSG Charitable Foundation announced its financial support for three elementary school book fairs and the Ohio 4-H Pathways to the Future program.

ATSG Charitable Foundation Announces Support for STEM Education to Inspire Future Aviation Professionals

FedEx

FedEx, United Parcel Service and Air Transport are included in this Analyst Blog.

The Zacks Analyst Blog FedEx, United Parcel Service and Air Transport

Is Air Transport Services Group (ATSG) Stock Undervalued Right Now?

GXO Logistics

Shareholder-friendly moves and cost-cutting initiatives bode well for the Zacks Transportation-Air Freight and Cargo industry. FDX, GXO and ATSG are well-poised to capitalize on the bullishness.

3 Air-Freight & Cargo Stocks to Watch in a Thriving Industry

The average of price targets set by Wall Street analysts indicates a potential upside of 26.5% in Air Transport Services (ATSG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts See a 26.54% Upside in Air Transport Services (ATSG): Can the Stock Really Move This High?

Air Transport Services Group faces declining revenues and fixed costs, but the air freight market shows signs of stabilization, potentially benefiting the company. Second quarter revenues fell 7.7%, with operating income dropping 55%, highlighting the challenge of reducing costs amid soft demand. Positive developments include a new contract with Amazon and updated guidance for 2024, reflecting lower CapEx and incremental earnings improvements.

Air Transport Services Group: A Buy On Market Stabilization And Amazon Opportunity

Air Transport Services Group has been hit hard by a protracted downturn in air cargo driven by over-expansion in the boom times and weaker demand. Cargo metrics are recovering, though rates and load factors in North America still aren't great, and key customer DHL sounds more bullish on trends toward the end of the year. Larger air cargo trends were and are outside of management control, but prior management spent aggressively on uncovered capex and new management is taking a much more conservative approach.

Air Transport Services Trying To Recover From A Pandemic-Driven Air Cargo Hangover

Air Transport Services' bottom line gains from declining operating expenses. The company's efforts to expand its fleet are also praiseworthy.

Here's Why You Should Invest in Air Transport Services Stock Now

The mean of analysts' price targets for Air Transport Services (ATSG) points to a 28.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

News for Air Transport Services Group Stock (ATSG)