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 2024

ATSG reports record revenue but revises 2023 guidance due to inflation-driven challenges

ATSG's Q1 performance reflects revenue growth but challenges in maintaining earnings. The company's strong order book and focus on global growth present opportunities for future expansion. Inflation-driven costs and volatility in the ACMI Services segment remain key challenges.

ATSG reports sequential rebound in Q2 with focus on shareholder value and e-commerce opportunities

ATSG's second-quarter performance showcased a sequential rebound in passenger airline operations and continued top-line growth. The company reported a 4% revenue increase to $529 million and a 10% year-over-year gain to $24 million in pre-tax earnings for the ACMI Services segment. While facing challenges related to maintenance costs and fleet evaluation, ATSG is focused on capital returns for shareholders and sees opportunities in the e-commerce market.

ATSG reports Q3 revenue growth but reduces 2023 EBITDA guidance

ATSG faces challenges in the air cargo market and operational disruptions but aims to reduce capital spending, increase free cash flow, and improve adjusted EBITDA in 2024. The company is confident in its liquidity position and is exploring opportunities to meet pent-up customer demand.

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WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will host a conference call on Tuesday, May 7, 2024, at 10 a.m. EDT to review its financial results for the first quarter ended March 31, 2024.

ATSG to Host First Quarter 2024 Investor Conference Call

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG has published its 2023 Sustainability Report to provide information about significant sustainability efforts made by the company in 2023.

ATSG Highlights Progress in Third Annual Sustainability Report

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced today that it has delivered a newly converted Boeing 767-300 freighter to My Freighter Cargo Airlines of Tashkent, Uzbekistan.

My Freighter Leases Third 767 from ATSG

Weakness pertaining to airfreight demand is hurting Air Transport Services' (ATSG) performance significantly.

Here's Why You Should Give Air Transport Services (ATSG) a Miss

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced that it has commenced a new agreement to lease a 767-300 freighter aircraft to DHL to operate within DHL's global network.

ATSG Delivers Additional Boeing 767 Freighter to DHL

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG's charitable giving in 2023 topped $980,000, a fifteen percent increase over the prior year total.

ATSG Surpasses $980,000 in Charitable Giving in 2023

Air Transport Services Group, Inc. (NASDAQ:ATSG) Q4 2023 Earnings Conference Call February 27, 2024 10:00 AM ET

Air Transport Services Group, Inc. (ATSG) Q4 2023 Earnings Call Transcript

Air Transport Services' (ATSG) fourth-quarter 2023 earnings and revenues decrease year over year.

Air Transport Services (ATSG) Q4 Earnings Miss, Down 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 December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Air Transport Services (ATSG) Q4 Earnings: A Look at Key Metrics

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 quarter and year ended December 31, 2023. Those results, as compared with the same periods in 2022, were as follows: Fourth Quarter Results Revenues $517 million, down 3% GAAP Loss per Share (basic) from Continuing Operations $0.24, down.

ATSG Reports Fourth Quarter and Full-Year 2023 Results

Get a deeper insight into the potential performance of Air Transport Services (ATSG) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Exploring Analyst Estimates for Air Transport Services (ATSG) Q4 Earnings, Beyond Revenue and EPS

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will host an investor call on Feb. 27, 2024, at 10 a.m. EST to review its financial results for the fourth quarter and year ended Dec. 31, 2023.

ATSG to Host Fourth Quarter 2023 Investor Conference Call

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced the retirement of James O'Grady, President of Air Transport International, and the appointment of his replacement, Mike Betson.

ATSG Announces New President of Airline Subsidiary ATI

Low liquidity and rising fuel costs hurt Air Transport Services (ATSG).

Here's Why You Should Avoid Air Transport Services (ATSG) Now

Air Transport Services (ATSG) faces major headwinds from increased operating expenses, softness pertaining to airfreight demand and weak liquidity position.

Here's Why One Should Avoid Air Transport (ATSG) Stock Now

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG raised more than $317,000 during their charity golf series held this year.

ATSG Raises Over $317,000 with Charity Golf Outings

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ADNT, ATSG and NGLOY have been added to the Zacks Rank #5 (Strong Sell) List on December 12, 2023.

New Strong Sell Stocks for December 12th

Air Transport Services (ATSG) reported earnings 30 days ago. What's next for the stock?

Air Transport Services (ATSG) Up 0.3% Since Last Earnings Report: Can It Continue?

Shareholder-friendly measures and fleet expansion boost Air Transport Services (ATSG).

Why You Should Retain Air Transport Services (ATSG) Stock Now

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced today that it delivered a Boeing 767-300 freighter to My Freighter Cargo Airlines of Uzbekistan under the terms of a multi-year lease.

ATSG Delivers Boeing 767-300BCF to My Freighter

Air Transport Services Group has lost a quarter of its value after missing analyst estimates in Q3 results. Analysts and investors have lost confidence in ATSG due to the unexpectedly poor performance and lack of visibility. The Company has downgraded its EBITDA guidance for the year due to weak performance and lower demand in the Middle East.

Air Transport Services Group: What To Do After An Epic Miss?

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG today announced that it will present at the Stephens Annual Investment Conference in Nashville, Tenn., on November 14, 2023, at 9 a.m. CST.

ATSG to Present at the Stephens Annual Investment Conference NASH2023

Air Transport Services Group, Inc. (NASDAQ:ATSG ) Q3 2023 Results Conference Call November 7, 2023 10:00 AM ET Company Participants Joe Payne - Chief Legal Officer Joe Hete - Chief Executive Officer Quint Turner - Chief Financial Officer Mike Berger - President Paul Chase - Chief Commercial Officer Conference Call Participants Frank Galanti - Stifel Grant Smith - Stephens Inc Helane Becker - TD Cowen Christopher Stathoulopoulos - Susquehanna Financial Group Howard Rosencrans - Value Advisory Michael Ciarmoli - Truist Securities Operator Good day, and thank you for standing by. Welcome to the Q3 2023 Air Transport Services Group, Inc. Earnings Conference Call.

Air Transport Services Group, Inc. (ATSG) Q3 2023 Earnings Call Transcript

Air Transport Services (ATSG) third-quarter 2023 revenues surge year over year.

Air Transport Services (ATSG) Q3 Earnings Miss, Decrease Y/Y

Air Transport Services reported weaker-than-expected earnings and announced its former CEO is returning to the job effective immediately. ATSG had attempted to expand aggressively into a weakening market.

News for Air Transport Services Group Stock (ATSG)