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

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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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General Electric

AUSTIN, Texas--(BUSINESS WIRE)--Air Transport Services Group (ATSG) selected GE Aviation for a comprehensive digital agreement including FlightPulse® and eFOQA. The program gives ATSG subsidiary airlines ABX Air, Air Transport International, and Omni Air International access to advanced analytics with enriched data sets that will ultimately drive greater understanding of flight trends. This program implementation includes the Boeing 777, 767, and 757 aircraft. “GE Aviation’s FlightPulse and eFO

Air Transport Services Group Selects GE Aviation for Digital Agreement

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will operate six more Boeing 767 freighters on behalf of Amazon Air under an existing CMI (Crew, Maintenance and Insurance) agreement.

ATSG Airline to Operate Six More 767 Freighters for Amazon Air

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

Air Transport Services (ATSG) Down 1.3% Since Last Earnings Report: Can It Rebound?

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the virtual Global Transportation & Sustainable Mobility Conference on Wednesday, September 9, 2020, at 3:20 p.m.

ATSG to Webcast Investor Presentation at the Cowen 2020 Global Transportation & Sustainable Mobility Conference

Is Air Transport Services Group (ATSG) a great pick from the value investor's perspective right now? Read on to know more.

Is Air Transport Services (ATSG) a Good Stock to Pick Now?

FORT WORTH, Texas--(BUSINESS WIRE)-- #aviation--Avenger Flight Group, LLC (AFG), announced today it has entered into an exclusive agreement with Air Transport Services Group, Inc. (ATSG) to provide overflow Boeing 767 and 777 flight training services.

Avenger Flight Group and Air Transport Services Group Sign Exclusive Training Agreement

FTI Consulting

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Air Transport Services Group Inc (NASDAQ: ATSG) has added another business line to its portfolio of aircraft leasing and outsourced transport services: pilot training.

Air Transport Services Group Starts Business To Train Pilots

Strong performances of Air Transport Services' (ATSG) main segments drive its Q2 performance.

Air Transport Services (ATSG) Q2 Earnings Beat Estimates

Air Transport Services Group, Inc. (ATSG) CEO Rich Corrado on Q2 2020 Results - Earnings Call Transcript

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation and related services, today reported consolidated financial results for the quarter and six months ended June 30, 2020.

ATSG Second-Quarter Results Reflect Solid Growth, Improving Cash Flows, and Strong Demand for Leased Cargo Aircraft

Atlas Air Worldwide

FedEx

E-Commerce Perks Up Air Freight & Cargo Space Amid Coronavirus

Air Transport Service Group is the largest lessor of freighter aircraft.

Air Transport Services Group: A Cheaper Way To Invest In Amazon's Growth

Shares of Air Transport Services Group Inc. ATSG, +6.70% soared 10.3% toward a 4 1/2-month high in premarket trading Thursday, after the aircraft leasing company announced a deal to lease an additional 12 Boeing 767-300 converted cargo aircraft to Amazon.com Inc.

Air Transport Services stock soars after deal to lease 12 Boeing 767s to Amazon

Amazon

The company’s fleet will expand by almost 20%.

To Speed Delivery, Amazon Will Lease 12 New Cargo Aircraft, Open New Regional Air Hubs

Amazon is adding more airplanes to its growing Amazon Air fleet, announcing Wednesday that it is leasing 12 Boeing 767-300 converted cargo aircraft from Air Transport Services Group (ATSG).

Amazon Air adding 12 more cargo aircraft to delivery fleet

Amazon said on Wednesday that it leased 12 Boeing 767-300 converted cargo aircraft from Air Transport Services Group, bringing its total fleet to more than 80, as it pushes for faster delivery amid a surge in online orders.

Amazon leases 12 Boeing aircraft to bolster air cargo fleet

Amazon.com Inc. AMZN, +0.24% said late Wednesday it will lease 12 Boeing Co.'s BA, +12.94% 767 jets that have been converted to cargo from Air Transport Services Group Inc.

Amazon leases 12 more Boeing cargo planes for Amazon Air fleet

Amazon.com Inc  said on Wednesday that it leased 12 Boeing 767-300 converted cargo aircraft from Air Transport Services Group, bringing its total fleet to more than 80, as it pushes for faster delivery amid a surge in online orders.

Amazon leases 12 aircraft to bolster air cargo fleet

Air Transport Services Group, Inc. (ATSG) CEO Joe Hete on Q1 2020 Results - Earnings Call Transcript

Air Transport Services (ATSG) delivered earnings and revenue surprises of 16.22% and 4.73%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Air Transport Services (ATSG) Q1 Earnings and Revenues Beat Estimates

Air Transport Services (ATSG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Air Transport Services (ATSG) Reports Next Week: Wall Street Expects Earnings Growth

The aircraft leasing company benefited from the e-commerce giant's switch to one-day delivery.

Amazon Air Lifts Air Transports Services Group in Q4

Air Transport Services Group, Inc.'s (ATSG) CEO Joe Hete on Q4 2019 Results - Earnings Call Transcript

Air Transport Services (ATSG) delivered earnings and revenue surprises of 30.23% and 10.99%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

News for Air Transport Services Group Stock (ATSG)