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ATSG To Invest In A330 Passenger-To-Freighter Conversions
Friday, August 6, 2021 - 12:08pm | 1688Air Transport Services Group said Thursday it will begin procuring Airbus A330 passenger jets and convert them into freighters as part of a broader strategy to expand its leasing business in support of express network operators that need bigger fleets to keep up with volume growth. The announcement...
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ATSG Gains In Q4 On Strength Of E-Commerce, Military Customers
Wednesday, March 4, 2020 - 10:05am | 775Air Transport Services Group (NASDAQ: ATSG) reported fourth-quarter adjusted pretax earnings increased $28.1 million, or 29%, to $124.3 million, ahead of analysts' expectations, on the strength of its aircraft leasing and contract air transport divisions. ATSG's fourth-quarter revenue topped $403...
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Spectre Of Amazon And Peak Season Looms Over Stalled Talks Between Atlas, ATSG And Teamsters
Thursday, August 22, 2019 - 4:50pm | 1258For the second time in four months, unionized pilots flying for cargo airlines Atlas Air Worldwide Holdings (NASDAQ: AAWW), its Southern Air unit, and ABX Air, a unit of Air Transport Services Group (NASDAQ: ATSG), descended on Cincinnati to protest the lack of traction in contract talks that have...
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Amazon to Lease 10 More Freighters From ATSG; Firms to Deepen Financial, Operational Ties
Friday, December 21, 2018 - 6:09pm | 732To no one's surprise, Amazon.com, Inc. and one of its aircraft operating partners, Air Transport Services Group (NYSE: ATSG), said today that ATSG will lease to Amazon 10 of the 20 Boeing 767-300 extended-range passenger planes that ATSG said yesterday it would acquire and convert into...