ATSG Announces Expiration of “Go-Shop” Period
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.
ATSG Raises $364,000 with Charity Golf Outings
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.
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Poseida Therapeutics, Inc. (Nasdaq – PSTX), Air Transport Services Group, Inc. (Nasdaq– ATSG), Micropac Industries, Inc. (OTC - MPAD), Aerovate Therapeutics, Inc.BALA CYNWYD, Pa., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
ATSG Delivers Boeing 767-300 Freighter to CAMEX Airlines
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.
ATSG Reports Third Quarter 2024 Results
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:
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ATSG, STAF, ALTR on Behalf of ShareholdersNEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
AIR TRANSPORT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Air Transport Services Group, Inc. - ATSG
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Air Transport Services Group, Inc. (NasdaqGS: ATSG) to Stonepeak. Under the terms of the proposed transaction, shareholders of Air Transport will receive $22.50 in cash for each share of Air Transport that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Air Transport Services Group, Inc. (Nasdaq– ATSG), Micropac Industries, Inc. (OTC - MPAD), Aerovate Therapeutics, Inc. (Nasdaq - AVTE), Outbrain Inc. (Nasdaq - OB)BALA CYNWYD, Pa. , Nov. 04, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
ATSG Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Air Transport Services Group, Inc. Is Fair to Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Air Transport Services Group, Inc. (NASDAQ:
ATSG) to Stonepeak for $22.50 per share in cash is fair to Air Transport shareholders.
Shareholder Alert: Ademi LLP investigates whether Air Transport Services Group, Inc. is obtaining a Fair Price for its Public Shareholders
Ademi LLP is investigating ATSG (NASDAQ:
ATSG) for possible breaches of fiduciary duty and other violations of law in its transaction with Stonepeak.
ATSG to be Acquired by Stonepeak for $3.1 Billion
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.
ATSG Partners with Purdue Global on Employee Education Benefit
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.
ATSG to Host Third Quarter 2024 Investor Conference Call
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.
ATSG Charitable Foundation Announces Support for STEM Education to Inspire Future Aviation Professionals
The ATSG Charitable Foundation has announced its financial support for three elementary school book fairs and the Ohio 4-H Pathways to the Future program, reinforcing its commitment to STEM education with the goal of engaging more students in aviation and related career fields.
Omni Air International Partners with New England Patriots
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.
ATSG Reports Second Quarter 2024 Results
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:
ATSG Delivers Boeing 767-300 Freighter to Euroavia Airlines
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.
ATSG Names Todd France as Chief Commercial Officer
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.
ATSG Delivers Two Boeing 767s to Georgian Airways
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.
ATSG to Host Second Quarter 2024 Investor Conference Call
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 Hosts Inspiring Future Aviators; Awards Top Camper the Mike & Judith Berger Scholarship
Air Transport Services Group (Nasdaq: ATSG) is excited to share the success of its Aviation Camp 2024, which took place throughout June at Wilmington Air Park. This annual event aims to inspire and educate the next generation of aviation enthusiasts and professionals.
ATSG Announces Signed Lease Agreements for Two 767-300 Freighter Aircraft to My Freighter
Air Transport Services Group, Inc. (NASDAQ:
ATSG) announced today that its subsidiary Airborne Global Leasing has signed leased agreements for two additional Boeing 767-300 converted freighter aircraft to My Freighter Cargo Airlines of Tashkent, Uzbekistan. The addition of these two aircraft will expand the airline's ATSG-leased fleet to five 767-300 freighters.
ATSG Recognizes Six Scholarship Recipients
Air Transport Services Group, Inc. recently announced this year's recipients of the annual Hete Family Scholarship.
ATSG Announces Executive Leadership Succession
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.
ATSG Holds Annual Meeting of Stockholders
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.
