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Air Transport Services Group Inc (ATSG.OQ)

ATSG.OQ on NASDAQ Stock Exchange Global Select Market

19.89USD
23 Aug 2019
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Latest Key Developments (Source: Significant Developments)

ATSG Reports Q2 2019 Results
Monday, 5 Aug 2019 

Aug 5 (Reuters) - Air Transport Services Group Inc ::ATSG REPORTS STRONG SECOND QUARTER 2019 RESULTS.Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.27.Q2 LOSS PER SHARE $0.45.Q2 REVENUE $254.9 MILLION.Q2 REVENUE ESTIMATE $329 MILLION -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE ESTIMATE $0.24 -- REFINITIV IBES DATA.LOOK FORWARD TO GROWTH IN OUR OPERATIONS FOR DEPARTMENT OF DEFENSE.AIR TRANSPORT SERVICES - LOOK FORWARD TO FULFILLING SIGNED LEASE COMMITMENTS FROM AMAZON, UNITED PARCEL SERVICE IN 2019 FOR 10 CONVERTED BOEING 767 FREIGHTERS.IN 2020, WE EXPECT TO DEPLOY AT LEAST 10 MORE AIRCRAFT.CONTINUES TO PROJECT THAT ITS ADJUSTED EBITDA WILL INCREASE TO $450 MILLION IN 2019 FROM $312 MILLION IN 2018.AIR TRANSPORT SERVICES GROUP - COSTS TO PREPARE FOR HEAVIER SECOND-HALF FLIGHT SCHEDULES WILL CONTINUE TO AFFECT RESULTS FOR Q3, AS THEY DID IN SECOND.EXPECTS AIRCRAFT LEASE TRANSITIONING COSTS TO INCREASE IN Q3.MORE OF SECOND-HALF ADJUSTED EBITDA GROWTH IS EXPECTED TO OCCUR IN Q4 THAN IN Q3..CAPITAL EXPENDITURES ARE STILL PROJECTED TO BE APPROXIMATELY $475 MILLION IN 2019.CAPITAL EXPENDITURES PLAN INCLUDES PURCHASE OF SIX PASSENGER BOEING 767S IN SECOND HALF OF 2019.AIR TRANSPORT SERVICES - PROJECTS FAA APPROVAL BY MID-2020 OF CERTIFICATE APPLICATION TO PRODUCE A CONVERTED FREIGHTER VARIANT OF AIRBUS A321-200.EXPECTS TO INVEST $6 MILLION IN JOINT VENTURE WITH PRECISION AIRCRAFT SOLUTIONS IN SECOND HALF OF 2019.  Full Article

Atsg Reports Strong Fourth Quarter 2018 Results
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Air Transport Services Group Inc ::ATSG REPORTS STRONG FOURTH QUARTER, 2018 RESULTS.Q4 GAAP LOSS PER SHARE $0.09 FROM CONTINUING OPERATIONS.Q4 EARNINGS PER SHARE ESTIMATE $0.35 -- REFINITIV IBES DATA.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.36.Q4 REVENUE $280.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF $227.7 MILLION.EXPECT TO PLACE EIGHT TO TEN NEWLY CONVERTED 767 FREIGHTERS IN SERVICE AS DRY-LEASED AIRCRAFT THIS YEAR.PROJECTS THAT 2019 CAPITAL EXPENDITURES WILL TOTAL ABOUT $400 MILLION.CURRENTLY PROJECTS ADJUSTED EBITDA FOR 2019 WILL EXCEED $445 MILLION.EXPECT ABOUT $1.5 MILLION IN COSTS TO READY CREWS FOR ADDITIONAL 767S WE WILL OPERATE FOR AMAZON..AIR TRANSPORT - SEES CAPITAL EXPENDITURES OF ABOUT $400 MILLION IN 2019 TO PURCHASE & MODIFY BOEING 767 AIRCRAFT FOR FREIGHTER DEPLOYMENTS IN 2019 & 2020.  Full Article

ATSG Secures Rights To Fleet Of Boeing 767-300ER Aircraft
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Air Transport Services Group Inc ::ATSG SECURES RIGHTS TO FLEET OF BOEING 767-300ER AIRCRAFT.AIR TRANSPORT SERVICES GROUP INC - TWENTY AIRCRAFTS TO BE ACQUIRED THROUGH 2021.AIR TRANSPORT SERVICES GROUP INC - SIGNS AGREEMENT WITH JETRAN LLC TO ACQUIRE 20 BOEING 767-300.  Full Article

ATSG Q3 Adjusted Non-Gaap Earnings Per Share $0.31
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Air Transport Services Group Inc ::ATSG CONTINUES REVENUE AND EARNINGS GROWTH IN THIRD QUARTER.Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.31.Q3 EARNINGS PER SHARE VIEW $0.32 -- THOMSON REUTERS I/B/E/S.Q3 GAAP EARNINGS PER SHARE $0.56 FROM CONTINUING OPERATIONS.AIR TRANSPORT SERVICES - PROJECTS ADJUSTED EBITDA FOR Q4 TO BE IN A RANGE OF $80 MILLION TO $85 MILLION.AIR TRANSPORT SERVICES - EXPECTS TO PURCHASE FOUR 767-300S IN Q4 FOR FREIGHTER MODIFICATIONS DURING 2019.AIR TRANSPORT SERVICES - NOW PROJECTS THAT 2018 CAPEX WILL TOTAL ABOUT $280 MILLION.  Full Article

Air Transport Services Group Q2 GAAP Earnings Per Share $0.42 From Continuing Operations
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Air Transport Services Group Inc ::Q2 REVENUE $203.6 MILLION VERSUS I/B/E/S VIEW $209.1 MILLION.Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.28 FROM CONTINUING OPERATIONS.Q2 GAAP EARNINGS PER SHARE $0.42 FROM CONTINUING OPERATIONS.Q2 EARNINGS PER SHARE VIEW $0.28 -- THOMSON REUTERS I/B/E/S.AIR TRANSPORT SERVICES GROUP - EXPECTS ADJUSTED EBITDA FROM CONTINUING OPERATIONS FOR 2018 OF ABOUT $310 MILLION.AIR TRANSPORT SERVICES GROUP - CONTINUES TO PROJECT 2018 CAPITAL EXPENDITURES OF ABOUT $300 MILLION.AIR TRANSPORT SERVICES GROUP - EXPECT TO SECURE ADDITIONAL 767 AIRCRAFT FOR FREIGHTER CONVERSION TO MEET 2019 DEMAND.  Full Article

ATSG Signs New Boeing 767 Freighter Lease Agreement With Air Incheon
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Air Transport Services Group Inc ::ATSG SIGNS NEW BOEING 767 FREIGHTER LEASE AGREEMENT WITH AIR INCHEON AND DELIVERS THREE MORE DRY-LEASED 767 FREIGHTERS.AIR TRANSPORT SERVICES GROUP INC - SIGNING OF A NEW LEASE AGREEMENT WITH AIR INCHEON.  Full Article

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