Profile: Air Transport Services Group Inc (ATSG.O)
24 Jun 2019
Air Transport Services Group, Inc. (ATSG), incorporated on September 5, 2007, is a holding company. The Company provides airline operations, aircraft leases, aircraft maintenance and other support services primarily to the cargo transportation and package delivery industries. The Company offers aircraft, crew, maintenance and insurance (ACMI) for specified cargo operations. The Company's segments include ACMI Services and CAM. Through the Company's subsidiaries, it offers a range of complementary services to delivery companies, freight forwarders, airlines and government customers. ATSG's leasing subsidiary, Cargo Aircraft Management, Inc. (CAM), leases cargo aircraft to ATSG's airlines, as well as to non-affiliated airlines and other lessees. Airborne Global Solutions, Inc. (AGS) is its subsidiary that assists the Company's businesses in marketing plans and provides sales leads to its subsidiaries by identifying customers' business and operational requirements. The Company owns two airlines, ABX Air, Inc. (ABX) and Air Transport International, Inc. (ATI). ABX operates Boeing 767 freighter aircraft, while ATI operates Boeing 767 and Boeing 757 freighter and 757 combi aircraft. The Company's other business operations include aircraft maintenance and modification services; aircraft part sales and brokerage; equipment and facility maintenance, mail and package sorting, and flight support.
The CAM segment leases Boeing 767 and Boeing 757 aircraft and aircraft engines. The CAM segment consists of the Company's aircraft leasing operations. CAM leases aircraft to ATSG's airlines and to external customers. As of December 31, 2016, CAM's fleet consisted of 60 serviceable Boeing 767 and 757 cargo aircraft. ACMI Services primarily includes the cargo transportation operations of the Company's two airlines. The ACMI Services segment provides airline operations to its customers, under contracts providing for a combination of ACMI. As of December 31, 2016, ACMI Services included 46 in-service aircraft, including 18 leased internally from CAM, 14 CAM-owned freighter aircraft, which are under lease and operated by ABX, and 14 CAM-owned freighter aircraft, which are operated by ATI and ABX.
The Company provides aircraft maintenance and modification services to other air carriers through its ABX, Airborne Maintenance and Engineering Services, Inc. (AMES) and Pemco World Air Services, Inc. (Pemco) subsidiaries. The Company's subsidiary, AMES Material Services, Inc. (AMS) is a reseller and broker of aircraft parts. AMS carries an inventory of Boeing 767, 757, 737 and DC-9 spare parts and also maintains inventory on consignment from original equipment manufacturers, resellers, lessors and other airlines. The Company's subsidiary, LGSTX Services, Inc. (LGSTX) provides contract maintenance services for material handling equipment and aviation ground support equipment throughout the United States. LGSTX has an inventory of ground support equipment, such as power units, airstarts, deicers and pushback vehicles that it rents to airports, airlines and other customers. LGSTX is also licensed to resell aircraft fuel. The Company's subsidiary, LGSTX Distribution Services, Inc., (LDS) operates mail and parcel sorting centers. AS of December 31, 2016, ABX had three flight simulators in operation. The Company's subsidiary, Global Flight Source, Inc., (GFS) provides aircraft dispatch and flight monitoring to ABX and ATI.
The Company competes with Amerijet International, Inc., Atlas Air Worldwide Holdings, Inc., Kalitta Air LLC, National Air Cargo Group, Inc., DHL Network Operations (USA), Inc., TNT Holdings B.V., the United States Postal Service, FedEx Corporation, United Parcel Service, Inc., Amazon Fulfillment Services, Inc., GE Capital Aviation Services, Guggenheim Aviation Partners, AAR Corp and Hong Kong Aircraft Engineering Co.
Air Transport Services Group Inc
145 HUNTER DR
WILMINGTON OH 45177