Articles from Air Transport Services Group, Inc.

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 fourth quarter and full year ended December 31, 2024. Those results, as compared with the same period in 2023, were as follows:

Air Transport Services Group, Inc. (NASDAQATSG) (“ATSG” or the “Company”), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today announced that its stockholders voted to approve the proposed merger with Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, at a special meeting of the Company’s stockholders.

Air Transport Services Group, Inc. (NASDAQATSG), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today announced the expiration of the 35-day “go-shop” period under the terms of the previously announced definitive merger agreement, pursuant to which Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, will acquire ATSG for $22.50 per share in cash. The “go-shop” period expired at 11:59 p.m. ET on December 8, 2024.

Air Transport Services Group raised a total of $364,000 in donations during their charity golf series held this year. Proceeds benefit the ATSG Charitable Foundation, which supports causes focused on education, veteran, and wellness programs.

Air Transport Services Group, Inc. (NASDAQATSG) announced today that its subsidiary Airborne Global Leasing has delivered a Boeing 767-300 converted freighter under a long-term lease agreement with Tbilisi-based CAMEX Airlines. The company expects to deliver a second Boeing 767-300 to CAMEX in 2025 under a separate lease agreement.

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:

Air Transport Services Group, Inc. (NASDAQATSG), 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.

Purdue Global, Purdue’s online university for working adults, has signed an educational alliance agreement with Air Transport Services Group, Inc. (NASDAQATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related services, to make higher education more accessible to its employees while advancing its workforce readiness initiatives.

Air Transport Services Group, Inc. (NASDAQATSG) today announced that it will host an investor conference call on Friday, November 8, 2024, at 10 a.m. Eastern time to review its financial results for the third quarter ended September 30, 2024.

Omni Air International, a wholly owned subsidiary of Air Transport Services Group, Inc. (NASDAQATSG), announced a long-term agreement with the New England Patriots professional football team under which Omni will operate the Patriots’ two Boeing 767-300 passenger aircraft for team travel and other charter flights including humanitarian and goodwill flights on behalf of the Kraft family, and as available for Omni's other charter customers.

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 second quarter ended June 30, 2024. Those results, as compared with the same period in 2023, were as follows:

Air Transport Services Group, Inc. (NASDAQATSG) announced today that its subsidiary, Cargo Aircraft Management (CAM), has leased a Boeing 767-300 converted freighter to New York-based SLG Worldwide, who will sublease the aircraft to Euroavia Airlines, a cargo airline headquartered in Larnaca, Cyprus.

Air Transport Services Group, Inc. (NASDAQATSG) today announced it has promoted Todd France to Chief Commercial Officer. In this role, France will oversee commercial activities for all ATSG companies. He will report to ATSG President Jeff Dominick.

Air Transport Services Group, Inc. (NASDAQATSG) announced today that its leasing subsidiary Cargo Aircraft Management (CAM) recently delivered two Boeing 767-300 aircraft to Georgian Airways LLC of Tbilisi, Georgia under multi-year leases.

Air Transport Services Group, Inc. (NASDAQATSG) today announced that it will host an investor conference call on Friday, August 9, 2024, at 10 a.m. Eastern time to review its financial results for the second quarter ended June 30, 2024.

Air Transport Services Group, Inc. (NASDAQATSG), the global leader in medium wide-body freighter aircraft leasing, air operations, and support services, today announced that it is implementing the following succession plan: Joe Hete, who currently serves as Chairman of the Board of Directors and Chief Executive Officer, has been appointed Executive Chairman; Mike Berger, who currently serves as President, has been appointed Chief Executive Officer and a member of the company’s Board; and Jeffrey Dominick, who currently serves as a member of the Board of Directors, has been appointed President. These changes are effective immediately.

Stockholders of Air Transport Services Group, Inc. (NASDAQATSG) meeting today on a virtual-only basis have reelected nine directors to the Board of Directors.

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 first quarter ended March 31, 2024. Those results, as compared with the same period in 2023, were as follows:

Air Transport Services Group, Inc. (Nasdaq: ATSG), a leading provider of medium wide-body cargo aircraft leasing, air cargo transportation and related services, today announced an agreement to operate ten additional Boeing 767 freighters for Amazon.com Services LLC in the Amazon Air network by the end of 2024. The operating agreement through which ATSG’s airlines operate those aircraft will be extended to May 2029, with extension rights for five additional years.

Air Transport Services Group, Inc. (NASDAQATSG) today announced that it will host an investor conference call on Tuesday, May 7, 2024, at 10 a.m. Eastern time to review its financial results for the first quarter ended March 31, 2024.

Air Transport Services Group, Inc. (Nasdaq: ATSG), the world’s largest lessor of freighter aircraft, has published its 2023 Sustainability Report to provide information about significant sustainability efforts made by the company in 2023.

Air Transport Services Group, Inc. (NASDAQATSG) announced today that it has delivered a newly converted Boeing 767-300 freighter to My Freighter Cargo Airlines of Tashkent, Uzbekistan.

Air Transport Services Group, Inc. (NASDAQATSG) today announced that it has commenced a new lease agreement with DHL Network Operations (USA), Inc. under which ATSG’s Cargo Aircraft Management (CAM) has leased a 767-300 freighter aircraft to DHL to operate within DHL’s global network.

Air Transport Services Group, Inc. (Nasdaq: ATSG) today announced that its charitable giving in 2023 topped $980,000, a fifteen percent increase over the prior year total. This record-breaking sum reflects the company’s commitment to supporting the communities it serves and its belief in the power of corporate social responsibility.

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:

Air Transport Services Group, Inc. (NASDAQATSG) today announced that it will host an investor conference call on Tuesday, February 27, 2024, at 10 a.m. Eastern time to review its financial results for the fourth quarter and year ended December 31, 2023.

Air Transport Services Group, Inc., (Nasdaq: ATSG) today announced the retirement of James O'Grady, President of Air Transport International, Inc., an airline subsidiary of ATSG, and the appointment of his replacement, Mike Betson.

Air Transport Services Group raised more than $317,000 during their charity golf series held this year. Proceeds will be distributed by the ATSG Charitable Foundation with a focus on supporting education, veteran, and wellness programs.

Air Transport Services Group, Inc. (NASDAQATSG) announced today that its subsidiary Airborne Global Leasing has delivered a newly converted Boeing 767-300 freighter to new customer My Freighter Cargo Airlines of Tashkent, Uzbekistan under the terms of a multi-year lease.

Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the Stephens Annual Investment Conference in Nashville, Tenn., on Tuesday, November 14, 2023, at 9 a.m. Central time.

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 third quarter ended September 30, 2023. Those results, as compared with the same quarter in 2022, were as follows:

Air Transport Services Group, Inc. (NASDAQATSG), the global leader in medium wide-body freighter aircraft leasing, air operations, and support services, today announced that its Board of Directors has appointed Joe Hete, current Chairman of the Board and the Company’s former longtime Chief Executive Officer, as ATSG’s CEO, effective immediately. Hete succeeds Rich Corrado, who is leaving his role as CEO of the Company, effective immediately. Hete will continue as Chairman of the Board.

Air Transport Services Group, Inc. (NASDAQATSG) today announced that it will host an investor conference call to review its third quarter 2023 financial results on Tuesday, November 7, 2023, at 10:00 a.m. Eastern Time. The company will release its results after close of market on Monday, November 6, 2023.

Air Transport Services Group, Inc. (NASDAQATSG), the global leader in medium wide-body freighter aircraft leasing, air operations, and support services, today announced that its Board of Directors has elected Mike Berger, 62, currently Chief Strategy Officer, as President of ATSG, effective October 1, 2023.

Air Transport Services Group, Inc. (Nasdaq: ATSG), the global leader in medium wide-body freighter aircraft leasing, contracted air transportation, and related services today announced that it will host an Investor Day on September 27, 2023, at 8:00 a.m. EDT live from the NASDAQ Exchange in New York, N.Y. The event also will be livestreamed.

Air Transport Services Group, Inc. (Nasdaq: ATSG) today announced that it will webcast a fireside chat at the TD Cowen Global Transportation Conference in Boston on Wednesday, September 6, 2023, at 1:40 p.m. Eastern Time.

Air Transport Services Group, Inc. (NASDAQATSG) today announced the pricing of its offering of $350,000,000 aggregate principal amount of 3.875% convertible senior notes due 2029 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The issuance and sale of the notes are scheduled to settle on August 14, 2023, subject to customary closing conditions. ATSG also granted the initial purchasers of the notes a 30-day option to purchase up to an additional $50,000,000 principal amount of notes.

Air Transport Services Group, Inc. (NASDAQATSG) today announced its intention to offer, subject to market and other conditions, $350,000,000 aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). ATSG also expects to grant the initial purchasers of the notes a 30-day option to purchase up to an additional $50,000,000 principal amount of notes.

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 second quarter ended June 30, 2023. Those results, as compared with the same quarter in 2022 were as follows:

Air Transport Services Group, Inc., (NASDAQATSG) today announced the appointment of David Ray as president of Omni Air International, Inc., an airline subsidiary of ATSG, to succeed Dan Orcutt.

Air Transport Services Group, Inc. (NASDAQATSG) today announced that it will release its second-quarter 2023 financial results after close of market on Thursday, August 3, 2023.

Stockholders of Air Transport Services Group, Inc. (NASDAQATSG) meeting today on a virtual-only basis have re-elected ten directors to the Board of Directors.

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 ended March 31, 2023. Those results, as compared with the same quarter in 2022 were as follows:

Air Transport Services Group, Inc. (NASDAQATSG) today announced that it will host an investor conference call on Friday, May 5, 2023, at 10 a.m. Eastern time to review its financial results for the first quarter ended March 31, 2023, and update its outlook for the year.

Air Transport Services Group, Inc. (Nasdaq: ATSG), the world's largest lessor of freighter aircraft, recently announced the addition of two newly converted Boeing 767-300 freighters to their leasing fleet, one of which is the company's first Boeing Converted Freighter (BCF). The second aircraft was converted by Tel Aviv-based Israel Aerospace Industries.

Air Transport Services Group, Inc. (Nasdaq: ATSG), the world’s largest lessor of freighter aircraft, has published its 2022 Sustainability Report, highlighting progress in the company’s Environmental, Social and Governance (ESG) practices and initiatives. The report focuses on the company's efforts to reduce its environmental footprint, positively impact the lives of its employees and community, and further improve its overall corporate governance during 2022 and into this year.

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 year ended December 31, 2022.

Air Transport Services Group, Inc. (NASDAQATSG) today announced that it will host an investor conference call on Friday, February 24, 2023, at 10 a.m. Eastern time to review its financial results for the fourth quarter ended December 31, 2022 and provide its outlook for 2023.

Air Transport Services Group, Inc. (Nasdaq: ATSG) today provided outlook guidance for changes in its operating fleet of cargo aircraft. The guidance is in anticipation of meetings that ATSG executives will hold with investors on February 7, 2023, at the Stifel Transportation and Logistics Conference in Amelia Island, Florida.

Air Transport Services Group, Inc. (NASDAQATSG) today announced its Board of Directors has adopted a new common-share repurchase authorization in replacement for its largely exhausted prior authorization, allowing the Company, subject to specified conditions, to repurchase up to an additional $150 million of its common shares.

Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the 2022 Aircraft Leasing Conference presented by Goldman Sachs & Co. LLC in New York City at noon Eastern time on Thursday, December 1, 2022.

Air Transport Services Group, Inc. (NASDAQATSG) today announced that Paul Chase, an experienced air cargo industry executive, will assume Mike Berger’s responsibilities as Chief Commercial Officer when Berger transitions to Chief Strategy Officer, effective December 5, 2022.

Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the Stephens Annual Investment Conference in Nashville, Tennessee, on Tuesday, November 15, 2022, at 8 a.m. Central time, 9 a.m. Eastern.

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 third quarter and nine months ended September 30, 2022. ATSG's third quarter 2022 results, as compared with the third quarter 2021, include:

Air Transport Services Group, Inc. (NASDAQATSG) today announced that it will host an investor conference call on Friday, November 4, 2022, at 10 a.m. Eastern time to review its financial results for the third quarter ended September 30, 2022.

Air Transport Services Group, Inc. (NASDAQATSG) today announced that its Board of Directors has elected Jeffrey A. Dominick to the Board, effective September 26, 2022.

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 7, 2022, at 3 p.m. Eastern time.

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 second quarter and six months ended June 30, 2022.

Air Transport Services Group, Inc. (NASDAQATSG) today announced that it will host an investor conference call on Friday, August 5, 2022, at 10 a.m. Eastern time to review its financial results for the second quarter ended June 30, 2022.

Stockholders of Air Transport Services Group, Inc. (NASDAQATSG) meeting today on a virtual-only basis have re-elected nine directors to the Board of Directors.

GA Telesis, LLC, a global aviation services integrator, and Air Transport Services Group, Inc. (NASDAQATSG), a leading provider of aircraft leasing and air cargo transportation and related services, announced they have reached an agreement with the Clinton County Port Authority (CCPA), JobsOhio and the Ohio Department of Development to open a 72,000 sq. ft. Specialized Procedures Aeroengine Hospital (SPAH) at the Wilmington Air Park in southwestern Ohio.

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 ended March 31, 2022.

Air Transport Services Group, Inc. (NASDAQATSG) today announced that it will host an investor conference call on Friday, May 6, 2022, at 10 a.m. Eastern time to review its financial results for the first quarter ended March 31, 2022.

Air Transport Services Group, Inc. (Nasdaq: ATSG), the world’s largest lessor of freighter aircraft, today announced the publication of its first Sustainability Report, highlighting progress in the company’s Environmental, Social and Governance (ESG) practices and initiatives. This inaugural report covers achievements in key focus areas since 2020.

Air Transport Services Group, Inc. (Nasdaq: ATSG), the world’s largest owner and operator of converted Boeing 767 aircraft, announced today that its leasing subsidiary Cargo Aircraft Management has placed a second order with Boeing (NYSEBA) for the conversion of four CAM-owned 767-300 aircraft into Boeing Converted Freighters (BCF), with an option for four additional conversions beyond that. The conversions are slated to begin in late 2023.

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 ended December 31, 2021.

Air Transport Services Group, Inc. (NASDAQATSG) today announced that it will host an investor conference call on Friday, February 25, 2022, at 10 a.m. Eastern time to review its financial results for the fourth quarter and year ended December 31, 2021.

Air Transport Services Group, Inc. (NASDAQATSG) today announced that it has executed agreements with DHL Network Operations (USA), Inc. under which ATSG’s Cargo Aircraft Management and ABX Air subsidiaries will continue to lease aircraft to DHL and operate those aircraft within DHL’s global network.

Air Transport Services Group, Inc. (Nasdaq: ATSG), a leading provider of aircraft leasing and air cargo transportation, announced today that more than $560,000 was raised for various charitable causes during 2021.

Air Transport Services Group, Inc., (NASDAQATSG) today announced the appointment of new presidents for two of its subsidiaries.

Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the Stephens Annual Investment Conference in Nashville, Tennessee, on Thursday, December 2, 2021, at 10 a.m. Central time.

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 ended September 30, 2021.

Air Transport Services Group, Inc. (NASDAQATSG) today announced that it will host an investor conference call on Friday, November 5, 2021, at 10 a.m. Eastern time to review its financial results for the third quarter ended September 30, 2021.

Airborne Maintenance & Engineering Services, a wholly owned subsidiary of Air Transport Services Group Inc. (Nasdaq: ATSG), today announced it has signed a multi-year agreement to provide additional heavy maintenance capacity for United Airlines. This agreement supports Airborne’s continued facility and personnel growth.

Air Transport Services Group, Inc. (NASDAQATSG) subsidiary PEMCO Conversions has delivered a second Passenger-to-FlexCombi™ converted aircraft to Bahrain-based Chisholm Enterprises, an internationally recognized provider of tailored aviation and business solutions in the Middle East. Chisholm subsidiary Texel Air, a non-scheduled cargo airline, will operate the Boeing 737-700FC (FlexCombi™) from Bahrain International Airport.