Edition:
United States

Air Transport Services Group Inc (ATSG.O)

ATSG.O on Nasdaq

15.87USD
13 Jan 2017
Change (% chg)

$0.12 (+0.76%)
Prev Close
$15.75
Open
$15.81
Day's High
$15.98
Day's Low
$15.75
Volume
124,632
Avg. Vol
--
52-wk High
--
52-wk Low
--

Latest Key Developments (Source: Significant Developments)

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

Air Transport Services Group increases bank credit facility
Wednesday, 1 Jun 2016 01:10pm EDT 

Air Transport Services Group Inc: ATSG increases bank credit facility to support growth initiatives . Facility includes an amortizing term loan which currently has an outstanding balance of $97.5 million . Has obtained commitments for an expansion of revolver portion of its secured credit facility with a consortium of banks led by Suntrust . Changes increase by $100 million, to $425 million, revolving credit portion of credit facility with Bank Group .Has extended maturity of entire facility by 12 months.  Full Article

Air Transport Services Q1 revenue rose 21 pct to $177.4 mln
Tuesday, 10 May 2016 04:51pm EDT 

Air Transport Services Group Inc : Air transport services group inc says capital spending is now projected to total $290 million in 2016, of which $215 million is for fleet expansion . Continues to estimate that adjusted ebitda from continuing operations will be $208 million in 2016 . 767 deployments drive first quarter revenue growth . Q1 revenue rose 21 percent to $177.4 million .Q1 earnings per share $0.13 from continuing operations.  Full Article

Air Transport Services Group Inc raises FY 2015 EBITDA outlook
Wednesday, 5 Aug 2015 04:05pm EDT 

Air Transport Services Group Inc:Projects FY 2015 baseline Adjusted EBITDA from Continuing Operations will be in a range of $190-195 million.FY 2015 EBITDA of $190 mln - Thomson Reuters I/B/E/S.  Full Article

Air Transport Services Group Inc announces credit agreement -Form 8-K
Wednesday, 13 May 2015 05:00pm EDT 

Air Transport Services Group Inc:Credit Agreement with SunTrust Bank, as Administrative Agent.Regions Bank and JPMorgan Chase Bank, N.A., act as Syndication Agents, and other lenders from time to time a party thereto, dated May 9, 2011.The Credit Amendment extends the maturity date of the term loan and revolving credit facility to May 5, 2020.Increases the aggregate amount of the revolving credit facility from $275,000,000 to $325,000,000.Continues to permit ATSG to request incremental commitments under the term and/or revolving facilities in an aggregate amount not to exceed $50,000,000.Increases the limit on certain other indebtedness from $100,000,000 to $150,000,000.  Full Article

Air Transport Services Group Inc updates on FY 2015 EBITDA guidance
Tuesday, 5 May 2015 04:15pm EDT 

Air Transport Services Group Inc:Projects that baseline adjusted EBITDA from continuing operations for FY 2015 will likely exceed preliminary forecast of $180 mln.  Full Article

Air Transport Services Group Inc raises FY 2014 EBITDA guidance
Monday, 9 Feb 2015 04:20pm EST 

Air Transport Services Group Inc:Anticipates FY 2014 adjusted EBITDA from continuing operations will be about $178 million.FY 2014 EBITDA of $175 million - Thomson Reuters I/B/E/S.  Full Article

BRIEF-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"