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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 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

Air Transport Services Group Inc and DHL extend agreement through Mar. 2019
Thursday, 15 Jan 2015 05:27pm EST 

Air Transport Services Group Inc:Says that it has completed a new agreement that extends its support of DHL's air cargo network in the United States through at least March 2019.Says the principal elements of the new agreement include.Extended dry leases through March 2019 for the 13 Boeing 767 freighters currently leased to DHL for its U.S. air network.New dry leases of two Boeing 767 freighters through Mar. 2019.Continued incentives for superior operating performance.Attractive terms for DHL to broaden ATSG's support of its global network operations.  Full Article

Air Transport Services Group Inc raises FY 2014 EBITDA guidance
Wednesday, 5 Nov 2014 04:45pm EST 

Air Transport Services Group Inc:Sees FY 2014 adjusted EBITDA from continuing operations will be about $175 million.  Full Article