Articles from Air Transport Services Group, Inc.

Air Transport Services Group, Inc. (NASDAQ:ATSG), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today announced the expiration of the 35-day “go-shop” period under the terms of the previously announced definitive merger agreement, pursuant to which Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, will acquire ATSG for $22.50 per share in cash. The “go-shop” period expired at 11:59 p.m. ET on December 8, 2024.

Air Transport Services Group raised a total of $364,000 in donations during their charity golf series held this year. Proceeds benefit the ATSG Charitable Foundation, which supports causes focused on education, veteran, and wellness programs.

Air Transport Services Group, Inc. (NASDAQ: ATSG) announced today that its subsidiary Airborne Global Leasing has delivered a Boeing 767-300 converted freighter under a long-term lease agreement with Tbilisi-based CAMEX Airlines. The company expects to deliver a second Boeing 767-300 to CAMEX in 2025 under a separate lease agreement.

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 third quarter ended September 30, 2024. Those results, as compared with the same period in 2023, were as follows:

Air Transport Services Group, Inc. (NASDAQ:ATSG), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today announced that it has entered into a definitive agreement to be acquired 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.

Purdue Global, Purdue’s online university for working adults, has signed an educational alliance agreement with Air Transport Services Group, Inc. (NASDAQ: ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related services, to make higher education more accessible to its employees while advancing its workforce readiness initiatives.

Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Friday, November 8, 2024, at 10 a.m. Eastern time to review its financial results for the third quarter ended September 30, 2024.

Omni Air International, a wholly owned subsidiary of Air Transport Services Group, Inc. (NASDAQ:ATSG), announced a long-term agreement with the New England Patriots professional football team under which Omni will operate the Patriots’ two Boeing 767-300 passenger aircraft for team travel and other charter flights including humanitarian and goodwill flights on behalf of the Kraft family, and as available for Omni's other charter customers.

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 second quarter ended June 30, 2024. Those results, as compared with the same period in 2023, were as follows:

Air Transport Services Group, Inc. (NASDAQ: ATSG) announced today that its subsidiary, Cargo Aircraft Management (CAM), has leased a Boeing 767-300 converted freighter to New York-based SLG Worldwide, who will sublease the aircraft to Euroavia Airlines, a cargo airline headquartered in Larnaca, Cyprus.

Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced it has promoted Todd France to Chief Commercial Officer. In this role, France will oversee commercial activities for all ATSG companies. He will report to ATSG President Jeff Dominick.

Air Transport Services Group, Inc. (NASDAQ: ATSG) announced today that its leasing subsidiary Cargo Aircraft Management (CAM) recently delivered two Boeing 767-300 aircraft to Georgian Airways LLC of Tbilisi, Georgia under multi-year leases.

Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Friday, August 9, 2024, at 10 a.m. Eastern time to review its financial results for the second quarter ended June 30, 2024.

Air Transport Services Group, Inc. (NASDAQ: ATSG), the global leader in medium wide-body freighter aircraft leasing, air operations, and support services, today announced that it is implementing the following succession plan: Joe Hete, who currently serves as Chairman of the Board of Directors and Chief Executive Officer, has been appointed Executive Chairman; Mike Berger, who currently serves as President, has been appointed Chief Executive Officer and a member of the company’s Board; and Jeffrey Dominick, who currently serves as a member of the Board of Directors, has been appointed President. These changes are effective immediately.

Stockholders of Air Transport Services Group, Inc. (NASDAQ:ATSG) meeting today on a virtual-only basis have reelected nine directors to the Board of Directors.

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 first quarter ended March 31, 2024. Those results, as compared with the same period in 2023, were as follows:

Air Transport Services Group, Inc. (Nasdaq: ATSG), a leading provider of medium wide-body cargo aircraft leasing, air cargo transportation and related services, today announced an agreement to operate ten additional Boeing 767 freighters for Amazon.com Services LLC in the Amazon Air network by the end of 2024. The operating agreement through which ATSG’s airlines operate those aircraft will be extended to May 2029, with extension rights for five additional years.

Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Tuesday, May 7, 2024, at 10 a.m. Eastern time to review its financial results for the first quarter ended March 31, 2024.

Air Transport Services Group, Inc. (Nasdaq: ATSG), the world’s largest lessor of freighter aircraft, has published its 2023 Sustainability Report to provide information about significant sustainability efforts made by the company in 2023.

Air Transport Services Group, Inc. (NASDAQ: ATSG) announced today that it has delivered a newly converted Boeing 767-300 freighter to My Freighter Cargo Airlines of Tashkent, Uzbekistan.

Air Transport Services Group, Inc. (NASDAQ: ATSG) today announced that it has commenced a new lease agreement with DHL Network Operations (USA), Inc. under which ATSG’s Cargo Aircraft Management (CAM) has leased a 767-300 freighter aircraft to DHL to operate within DHL’s global network.

Air Transport Services Group, Inc. (Nasdaq: ATSG) today announced that its charitable giving in 2023 topped $980,000, a fifteen percent increase over the prior year total. This record-breaking sum reflects the company’s commitment to supporting the communities it serves and its belief in the power of corporate social responsibility.

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 quarter and year ended December 31, 2023. Those results, as compared with the same periods in 2022, were as follows:

Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Tuesday, February 27, 2024, at 10 a.m. Eastern time to review its financial results for the fourth quarter and year ended December 31, 2023.

Air Transport Services Group, Inc., (Nasdaq: ATSG) today announced the retirement of James O'Grady, President of Air Transport International, Inc., an airline subsidiary of ATSG, and the appointment of his replacement, Mike Betson.