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Air Transport Services Group Inc (ATSG.O)

ATSG.O on Nasdaq

23.85USD
25 May 2017
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Latest Key Developments (Source: Significant Developments)

ATSG posts Q1 earnings per share $0.13 from continuing operations
Wednesday, 3 May 2017 04:25pm EDT 

May 3 (Reuters) - Air Transport Services Group Inc :ATSG posts strong first quarter revenue, earnings growth.Q1 adjusted earnings per share $0.17 from continuing operations excluding items.Q1 earnings per share $0.13 from continuing operations.Q1 revenue rose 34 percent to $237.9 million.Air Transport Services Group Inc - ATSG expects that its adjusted EBITDA from continuing operations for 2017 will be in excess of $260 million.Air Transport Services Group Inc - ATSG currently projects 2017 capital expenditures of approximately $355 million.  Full Article

PEMCO World Air Services secures agreement with Carrier Frontier Airlines
Monday, 17 Apr 2017 04:05pm EDT 

April 17 (Reuters) - Air Transport Services Group Inc -:PEMCO World Air Services - has secured a 3-year maintenance agreement with u.s.-based carrier frontier airlines covering frontier's expanding fleet.Pemco World Air Services - maintenance services will be performed primarily at pemco's maintenance facilities at tampa international airport.  Full Article

ATSG subsidiaries to convert two b737-400 aircraft for China-based airline
Tuesday, 11 Apr 2017 04:05pm EDT 

Air Transport Services Group Inc : ATSG subsidiaries to convert two b737-400 aircraft for china-based airline . Air Transport Services Group - units acquired 2 Boeing 737-400 aircraft and will convert them to freighter configuration for lease to china-based okay airways . Air Transport Services Group Inc - ATSG West Leasing Limited has acquired and will lease aircraft to okay in late 2017 for terms of seven years .Air Transport Services Group - PEMCO World Air Services will convert 737-400s to freighters this summer at Pemco's facilities at Tampa international airport.  Full Article

Air Transport Services Group's bank credit facility expands to support fleet growth
Monday, 3 Apr 2017 07:00am EDT 

Air Transport Services Group Inc : ATSG's bank credit facility expands to support fleet growth . It has obtained lender commitments for a one-year extension through may 2022 of its secured credit facility . Air transport services group - amendment to co's agreements with consortium of banks increases revolving credit portion of facility by $120 million .Amendment preserves ATSG's access to a $100 million accordion feature, subject to lender consent.  Full Article

Air Transport Services Group qtrly loss per share $0.01
Monday, 6 Mar 2017 04:15pm EST 

Air Transport Services Group Inc : Q4 revenue $221.7 million . Air Transport Services Group Inc - qtrly loss per share $0.01 . Air Transport Services - outlook for adjusted EBITDA from continuing operations for 2017 is $260 million . Air Transport Services Group -ATSG currently projects 2017 capital expenditures of approximately $355 million . Air Transport Services Group Inc - qtrly adjusted earnings per share from continuing operations $0.19 .Q4 earnings per share view $0.19 -- Thomson Reuters I/B/E/S.  Full Article

Air Transport Services Group issues preliminary outlook for 2016
Thursday, 26 Jan 2017 04:51pm EST 

Air Transport Services Group Inc : Air Transport Services Group-now expects 2016 adjusted ebitda from continuing operations for q4 and fy 2016 to be approximately $56 million and $211 million .ATSG issues preliminary outlook for 2016 results.  Full Article

ABX air taking steps to end work stoppage
Tuesday, 22 Nov 2016 06:57am EST 

Air Transport Services Group Inc - : ABX air taking steps to end work stoppage . Air transport services group Inc - "We will seek a court order later tuesday to restore status quo operating environment" . Notifying its customers and other affected parties about temporary interruptions in ABX's flight operations .Air Transport Services Group - "ABX Air, Inc., is taking multiple steps to resolve and end an illegal work stoppage that began tuesday by its pilots".  Full Article

Air Transport Services Q3 earnings per share $0.12 from cont ops
Thursday, 3 Nov 2016 04:15pm EDT 

Air Transport Services Group Inc - : Air Transport Services Group Inc says ATSG's current projection for capital expenditures in 2016 is approximately $285 million . Q3 adjusted earnings per share $0.14 from continuing operations excluding items . Q3 earnings per share $0.12 from continuing operations including items .Q3 revenue $193.3 million.  Full Article

Air Transport Q2 adjusted EPS $0.13 from continuing operations excluding items
Monday, 8 Aug 2016 04:39pm EDT 

Air Transport Services Group Inc : Q2 adjusted earnings per share $0.13 from continuing operations excluding items . Q2 revenue rose 19 percent to $176.5 million . Q2 gaap earnings per share $0.12 from continuing operations . "will continue to buy back shares at a moderate pace" . 2016 capital spending is now projected to total $315 million, of which $235 million is budgeted for fleet expansion . Continue to estimate adjusted ebitda from continuing operations will be $218 million in 2016, after excluding non-cash items .Q2 earnings per share view $0.12, revenue view $183.4 million -- Thomson Reuters I/B/E/S.  Full Article

ATSG to repurchase $50 mln common shares
Wednesday, 22 Jun 2016 08:30am EDT 

Air Transport Services Group Inc : Says to repurchase $50 million of common shares at $13.07 per share, representing approximately 3.8 million shares . Says shares purchased represent approximately 6 percent of ATSG's outstanding shares .ATSG to repurchase $50 million of its common shares.  Full Article

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