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Air Transport Services Group Inc (ATSG.O)

ATSG.O on Nasdaq

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Latest Key Developments (Source: Significant Developments)

Air Transport Services Group-expects to recognize non-cash settlement charge to earnings of about $14 million before effects of income taxes in Q3 2017
Friday, 1 Sep 2017 04:41pm EDT 

Sept 1 (Reuters) - Air Transport Services Group Inc :Air Transport Services Group-expects to recognize non-cash settlement charge to earnings of about $14 million before effects of income taxes in Q3 2017.  Full Article

Air Transport Services Group qtrly ‍revenues increased 43 pct to $253.2 mln
Monday, 7 Aug 2017 04:34pm EDT 

Aug 7 (Reuters) - Air Transport Services Group Inc :Qtrly ‍revenues increased 43 pct to $253.2 million compared to last year​.‍Expects that adjusted EBITDA from continuing operations for 2017 will be approximately $260 million​.Qtrly loss per share from continuing operations $0.91; qtrly adjusted earnings per share from continuing operations $0.21.‍For FY2017, atsg projects capital expenditures of approximately $335 million​.Q2 earnings per share view $0.19, revenue view $236.2 million -- Thomson Reuters I/B/E/S.  Full Article

Air Transport Services Group - co, through unit, and Precision Aircraft Solutions announce formation of JV company
Monday, 7 Aug 2017 09:44am EDT 

Aug 7 (Reuters) - Air Transport Services Group Inc :Air Transport Services Group - co, through unit, and precision aircraft solutions announce formation of 321 Precision Conversions Llc, a JV company.Forming jv company to develop a passenger-to-freighter conversion of Airbus A321-200 aircraft.  Full Article

Air Transport Services Group unit Cargo Aircraft Management to lease three 767s to Northern Aviation Services
Wednesday, 5 Jul 2017 09:27am EDT 

July 5 (Reuters) - Air Transport Services Group Inc :Air Transport Services - Reached agreement with Northern Aviation Services for lease of three boeing 767-300 freighters to be operated by subsidiary.Air Transport Services - Under agreements Cargo Aircraft Management will lease three 767-300 freighters to Northern Aviation for seven-year terms.  Full Article

Air Transport Services Group announces secondary public offering by selling shareholder
Wednesday, 31 May 2017 04:18pm EDT 

May 31 (Reuters) - Air Transport Services Group Inc :Air transport services group, inc. Announces secondary public offering by selling shareholder.Air transport services group inc - ‍one of its existing stockholders intends to offer for sale 3.8 million shares of company's common stock​.Air transport services group inc - ‍selling stockholder will receive all of net proceeds from offering; no shares are being sold by atsg in offering​.  Full Article

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

BRIEF-Air Transport Services Group-expects to recognize non-cash settlement charge to earnings of about $14 million before effects of income taxes in Q3 2017

* Air Transport Services Group-expects to recognize non-cash settlement charge to earnings of about $14 million before effects of income taxes in Q3 2017 Source text: [http://bit.ly/2xE2SIK] Further company coverage: