Air Transport Services Group, Inc. (ATSG)

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG welcomed more than 70 students, educators, and community members on Saturday, September 20 for its third annual Girls in Aviation Day.

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG has announced six recipients of this year's Hete Family Scholarship, administered by the Clinton County Foundation.

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc., today announced the delivery of its second Airbus A330 passenger-to-freighter conversion to ULS Airlines Cargo.

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG today announced the delivery of its first EASA-certified A321 passenger-to-freighter (P2F) conversion to Warsaw Cargo.

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WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ: ATSG) (“ATSG” or the “Company”), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today provided notice (the “Notice”) to holders of its 3.875% convertible senior notes due 2029 (the “Notes”) (CUSIP: 00922RAD7), pursuant to the terms of the Indenture, dated as of August 14, 2023 (the “Indenture”) by and between the Company and U.S. Bank Trust Company, Nati.

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (“ATSG”), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today announced the completion of its acquisition by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, in an all-cash transaction with an enterprise valuation of approximately $3.1 billion. “Today marks an important milestone in ATSG's journey,” said Mike Berge.

Here is how Air Transport Services (ATSG) and Expeditors International (EXPD) have performed compared to their sector so far this year.

Air Transport Services (ATSG) reported earnings 30 days ago. What's next for the stock?

Air Transport Services Group is bolstered by its robust cost-cutting initiatives. The decrease in operating expenses aids the bottom line.

ATSG's fourth-quarter 2024 earnings increase year over year while revenues decline.

Although the revenue and EPS for Air Transport Services (ATSG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Air Transport Services (ATSG) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.18 per share a year ago.

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the fourth quarter and full year ended December 31, 2024. Those results, as compared with the same period in 2023, were as follows: Fourth Quarter Results Revenues of $517 million, consistent with $517 million in prior year period GAAP Earni.

Headwinds like weak demand, high inflation and geopolitical woes hurt the Zacks Transportation Air Freight & Cargo industry. FDX and ATSG are likely to stand out.