Compared to Estimates, Air Transport Services (ATSG) Q4 Earnings: A Look at Key Metrics
- 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.
- 03/03/2025
|
Air Transport Services (ATSG) Beats Q4 Earnings and Revenue Estimates
- 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.
- 03/03/2025
|
ATSG Reports Fourth Quarter 2024 Results
- 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.
- 03/03/2025
|
2 Air-Freight & Cargo Stocks in Focus Despite Industry Hurdles
- 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.
- 02/27/2025
|
ATSG Stockholders Approve Proposed Merger with Stonepeak
- WILMINGTON, Ohio & NEW YORK--(BUSINESS WIRE)--ATSG today announced that its stockholders voted to approve the proposed merger with Stonepeak at a special meeting of stockholders.
- 02/10/2025
|
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
- NEW ORLEANS--(BUSINESS WIRE)--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 adequ.
- 01/21/2025
|
ATSG Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Air Transport Services Group, Inc. Is Fair to Shareholders
- NEW YORK--(BUSINESS WIRE)--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. Halper Sadeh encourages Air Transport shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns w.
- 12/28/2024
|
ATSG Announces Expiration of “Go-Shop” Period
- WILMINGTON, Ohio & NEW YORK--(BUSINESS WIRE)--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.
- 12/09/2024
|
ATSG Raises $364,000 with Charity Golf Outings
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG raised $364,000 in donations during charity golf events this year to benefit the ATSG Charitable Foundation.
- 12/02/2024
|
3 Air-Freight & Cargo Stocks to Keep an Eye On Amid Demand Woes
- Headwinds like weak demand, high inflation and geopolitical woes hurt the Zacks Transportation-Air Freight and Cargo industry. UPS, GXO and ATSG are likely to stand out.
- 11/29/2024
|
ATSG Delivers Boeing 767-300 Freighter to CAMEX Airlines
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced that its subsidiary Airborne Global Leasing has delivered a Boeing 767 freighter under a long-term lease agreement with CAMEX Airlines.
- 11/25/2024
|
ATSG Q3 Earnings & Revenues Miss Estimates, Decrease Y/Y
- Air Transport Services' third-quarter 2024 earnings and revenues decrease year over year.
- 11/11/2024
|
Air Transport Services (ATSG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
- While the top- and bottom-line numbers for Air Transport Services (ATSG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 11/08/2024
|
Air Transport Services (ATSG) Q3 Earnings and Revenues Lag Estimates
- Air Transport Services (ATSG) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.32 per share a year ago.
- 11/08/2024
|
ATSG Reports Third Quarter 2024 Results
- 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 third quarter ended September 30, 2024. Those results, as compared with the same period in 2023, were as follows: Third Quarter Results Revenues of $471 million, versus $523 million GAAP Loss per Share from Continuing Operations of ($0.0.
- 11/08/2024
|
Seeking Clues to Air Transport Services (ATSG) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
- Evaluate the expected performance of Air Transport Services (ATSG) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
- 11/07/2024
|
ATSG Gears Up to Report Q3 Earnings: What's in the Offing?
- Air Transport Services Group's third-quarter results are expected to be boosted by robust cost-cutting initiatives and a strong demand scenario.
- 11/06/2024
|
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
- NEW ORLEANS--(BUSINESS WIRE)--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 adequ.
- 11/05/2024
|
STOCKHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Air Transport Services Group, Inc. – ATSG
- NEW YORK, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Air Transport Services Group, Inc. (Nasdaq: ATSG ), relating to a proposed merger with Stonepeak Nile Parent LLC. Under the terms of the agreement, Air Transport Services Group shareholders will receive $22.50 per share of Air Transport Services Group Common Stock they own.
- 11/05/2024
|
Is Air Transport Services Group (ATSG) Stock Outpacing Its Transportation Peers This Year?
- Here is how Air Transport Services (ATSG) and Corporacion America Airports S.A. (CAAP) have performed compared to their sector so far this year.
- 11/05/2024
|
Private Entity Stonepeak to Acquire ATSG for $3.1B, Shares Up
- The deal between Stonepeak and Air Transport Services is likely to be closed in the first half of 2025.
- 11/05/2024
|
Strength Seen in Air Transport Services (ATSG): Can Its 26.4% Jump Turn into More Strength?
- Air Transport Services (ATSG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
- 11/05/2024
|
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Air Transport Services Group, Inc.
- NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Air Transport Services Group, Inc. (NASDAQ: ATSG) and its board of directors concerning the proposed acquisition of the company by Stonepeak. Stockholders will receive $22.50 for each share of Air Transport Services Group stock that they hold.
- 11/04/2024
|
Shareholder Alert: Ademi LLP investigates whether Air Transport Services Group, Inc. is obtaining a Fair Price for its Public Shareholders
- MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating ATSG (NASDAQ: ATSG) for possible breaches of fiduciary duty and other violations of law in its transaction with Stonepeak. Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. Under the agreement, stockholders of ATSG will receive only $22.50 per share, with an enterprise valuation of approximately $3.1 billion. The transaction agreement unreasonably limits co.
- 11/04/2024
|
Investment firm Stonepeak to buy Air Transport Services Group in $3.1 billion deal
- Air Transport Services Group said on Monday it was being acquired by investment firm Stonepeak in a deal valued at $3.1 billion, including debt, sending the aircraft lessor's shares up 22.9% before the bell.
- 11/04/2024
|
ATSG to be Acquired by Stonepeak for $3.1 Billion
- WILMINGTON, Ohio & NEW YORK--(BUSINESS WIRE)--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. Under the terms of the def.
- 11/04/2024
|
Exclusive: Stonepeak nears $3.1 billion deal for aircraft lessor ATSG, sources say
- Stonepeak is in advanced talks to acquire Air Transport Services Group , a provider of aircraft leasing and cargo transportation services, for about $3.1 billion including debt, people familiar with the matter said on Sunday.
- 11/03/2024
|
ATSG Partners with Purdue Global on Employee Education Benefit
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG has signed an agreement with Purdue Global to make higher education more accessible to ATSG employees and their immediate family members.
- 10/30/2024
|
Lynch Carpenter Investigates Claims in ATSG Data Breach
- PITTSBURGH, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Lynch Carpenter, LLP is investigating a class action against ATSG, Inc. regarding a recently announced data breach. The ATSG data breach may have involved personally identifiable information and protected health information belonging to approximately 909,000 individuals.
- 10/29/2024
|
DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims For ATSG, Inc. Care Customers Whose Data May Have Been Compromised
- Edelson Lechtzin LLP is investigating claims regarding data privacy violations by ATSG, Inc. NEWTOWN, PA / ACCESSWIRE / October 25, 2024 / The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations by ATSG, Inc. ("ATSG"). ATSG learned of suspicious activity around September 2024.
- 10/25/2024
|
ATSG to Host Third Quarter 2024 Investor Conference Call
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will issue 3Q 2024 earnings before markets open on Friday, Nov. 8, and host an investor call at 10 a.m. EST that day to review financial results.
- 10/17/2024
|
Wall Street Analysts Think Air Transport Services (ATSG) Could Surge 26.46%: Read This Before Placing a Bet
- The consensus price target hints at a 26.5% upside potential for Air Transport Services (ATSG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
- 10/14/2024
|
Should Value Investors Buy Air Transport Services Group (ATSG) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/14/2024
|
New Strong Buy Stocks for October 9th
- COMM, CLPR, SVM, ATSG and HY have been added to the Zacks Rank #1 (Strong Buy) List on October 9, 2024.
- 10/09/2024
|
Here's Why Investors Should Invest in ATSG Stock Right Now
- Air Transport Service Group is benefiting from its robust cost-cutting initiatives. The decrease in operating expenses is boosting the company's bottom line.
- 09/27/2024
|
Are Investors Undervaluing Air Transport Services Group (ATSG) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/27/2024
|
Wall Street Analysts Believe Air Transport Services (ATSG) Could Rally 31.04%: Here's is How to Trade
- The mean of analysts' price targets for Air Transport Services (ATSG) points to a 31% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 09/18/2024
|
ATSG Charitable Foundation Announces Support for STEM Education to Inspire Future Aviation Professionals
- WILMINGTON, Ohio--(BUSINESS WIRE)--The ATSG Charitable Foundation announced its financial support for three elementary school book fairs and the Ohio 4-H Pathways to the Future program.
- 09/17/2024
|
The Zacks Analyst Blog FedEx, United Parcel Service and Air Transport
- FedEx, United Parcel Service and Air Transport are included in this Analyst Blog.
- 09/16/2024
|
Is Air Transport Services Group (ATSG) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/10/2024
|
3 Air-Freight & Cargo Stocks to Watch in a Thriving Industry
- Shareholder-friendly moves and cost-cutting initiatives bode well for the Zacks Transportation-Air Freight and Cargo industry. FDX, GXO and ATSG are well-poised to capitalize on the bullishness.
- 09/02/2024
|
Wall Street Analysts See a 26.54% Upside in Air Transport Services (ATSG): Can the Stock Really Move This High?
- The average of price targets set by Wall Street analysts indicates a potential upside of 26.5% in Air Transport Services (ATSG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
- 08/29/2024
|
Air Transport Services Group: A Buy On Market Stabilization And Amazon Opportunity
- Air Transport Services Group faces declining revenues and fixed costs, but the air freight market shows signs of stabilization, potentially benefiting the company. Second quarter revenues fell 7.7%, with operating income dropping 55%, highlighting the challenge of reducing costs amid soft demand. Positive developments include a new contract with Amazon and updated guidance for 2024, reflecting lower CapEx and incremental earnings improvements.
- 08/28/2024
|
Air Transport Services Trying To Recover From A Pandemic-Driven Air Cargo Hangover
- Air Transport Services Group has been hit hard by a protracted downturn in air cargo driven by over-expansion in the boom times and weaker demand. Cargo metrics are recovering, though rates and load factors in North America still aren't great, and key customer DHL sounds more bullish on trends toward the end of the year. Larger air cargo trends were and are outside of management control, but prior management spent aggressively on uncovered capex and new management is taking a much more conservative approach.
- 08/28/2024
|
Here's Why You Should Invest in Air Transport Services Stock Now
- Air Transport Services' bottom line gains from declining operating expenses. The company's efforts to expand its fleet are also praiseworthy.
- 08/27/2024
|
Wall Street Analysts Think Air Transport Services (ATSG) Could Surge 28.87%: Read This Before Placing a Bet
- The mean of analysts' price targets for Air Transport Services (ATSG) points to a 28.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 08/13/2024
|
Air Transport Services Group, Inc. (ATSG) Q2 2024 Earnings Call Transcript
- Air Transport Services Group, Inc. (NASDAQ:ATSG ) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Joe Payne - Chief Legal Officer Joe Hete - Executive Chairman Mike Berger - Chief Executive Officer Quint Turner - CFO Jeffrey Dominick - President Conference Call Participants Frank Galanti - Stifel Christopher Stathoulopoulos - SIG Michael Ciarmoli - Truist Securities Isaac Sellhausen - Oppenheimer Ben Rubenstein - Robotti & Company Operator Good day, and thank you for standing by. Welcome to the Q2 2024 Air Transport Services Group, Inc. Earnings Conference Call.
- 08/09/2024
|
Air Transport (ATSG) Q2 Earnings Beat Estimates & Revenues Lag
- ACMI Services' revenues decrease 7.7% year over year at Air Transport (ATSG) in the second quarter of 2024.
- 08/09/2024
|
Air Transport Services (ATSG) Reports Q2 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for Air Transport Services (ATSG) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 08/08/2024
|
Air Transport Services (ATSG) Tops Q2 Earnings Estimates
- Air Transport Services (ATSG) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.57 per share a year ago.
- 08/08/2024
|
ATSG Reports Second Quarter 2024 Results
- 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 second quarter ended June 30, 2024. Those results, as compared with the same period in 2023, were as follows: Second Quarter Results Revenues of $488 million, versus $529 million GAAP Earnings per Share (diluted) from Continuing Operatio.
- 08/08/2024
|
Air Transport Services (ATSG) Q2 Earnings Coming Up: What Awaits?
- Air Transport Services' (ATSG) Q2 performance is expected to have been affected by a weak demand scenario.
- 08/07/2024
|
Stay Ahead of the Game With Air Transport Services (ATSG) Q2 Earnings: Wall Street's Insights on Key Metrics
- Beyond analysts' top -and-bottom-line estimates for Air Transport Services (ATSG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
- 08/07/2024
|
ATSG to Host Second Quarter 2024 Investor Conference Call
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will report second quarter 2024 earnings on August 8, 2024, and will host an investor call on August 9, 2024, to review its financial results.
- 07/16/2024
|
Here's Why You Should Avoid Air Transport Services (ATSG) Now
- Air Transport Services (ATSG) is grappling with segmental woes amid a weak demand scenario. Also, low liquidity does not bode well for the company.
- 07/16/2024
|
Air Transport Services Group Hosts Inspiring Future Aviators; Awards Top Camper the Mike & Judith Berger Scholarship
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG hosted Aviation Camp 2024 in June at Wilmington Air Park to inspire and educate the next generation of aviation enthusiasts and professionals.
- 07/11/2024
|
Is the Options Market Predicting a Spike in Air Transport Services (ATSG) Stock?
- Investors need to pay close attention to Air Transport Services (ATSG) stock based on the movements in the options market lately.
- 07/03/2024
|
5 Broker-Loved Stocks to Keep an Eye on in the Current Scenario
- Investors would do well to keep a tab on stocks like Air Transport Services (ATSG), Allegiant Travel (ALGT), ABM Industries (ABM), American Axle (AXL) and Warner Bros. (WBD).
- 07/02/2024
|
ATSG Recognizes Six Scholarship Recipients
- WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. recently announced this year's recipients of the annual Hete Family Scholarship.
- 06/19/2024
|
Here's Why You Should Retain Air Transport Services (ATSG)
- Air Transport Services' (ATSG) fleet upgrade and expansion efforts are commendable. Shareholder-friendly actions also bode well for the company.
- 06/17/2024
|
Air Transport (ATSG) Elevates Mike Berger to CEO Position
- Mike Berger becomes Air Transport Services' (ATSG) CEO after serving as its president since October last year.
- 06/05/2024
|
Why Is Air Transport Services (ATSG) Down 11.1% Since Last Earnings Report?
- Air Transport Services (ATSG) reported earnings 30 days ago. What's next for the stock?
- 06/05/2024
|
ATSG Announces Executive Leadership Succession
- WILMINGTON, Ohio--(BUSINESS WIRE)--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 memb.
- 06/04/2024
|
ATSG Holds Annual Meeting of Stockholders
- WILMINGTON, Ohio--(BUSINESS WIRE)--Stockholders of Air Transport Services Group, Inc. meeting today on a virtual-only basis have reelected nine directors to the Board of Directors.
- 05/22/2024
|
Air Transport (ATSG) Q1 Earnings & Revenues Beat Estimates
- Air Transport (ATSG) first-quarter 2024 adjusted EBITDA declines 7.7% year over year.
- 05/07/2024
|
Air Transport Services (ATSG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
- The headline numbers for Air Transport Services (ATSG) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 05/06/2024
|
ATSG Reports First Quarter 2024 Results
- 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 first quarter ended March 31, 2024. Those results, as compared with the same period in 2023, were as follows: First Quarter Results Revenues $486 million, down 3% GAAP Earnings per Share (diluted) from Continuing Operations $0.13, down $.
- 05/06/2024
|
ATSG Expands Operations in the Amazon Air Network
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG today announced an agreement to operate 10 additional Boeing 767 freighters for Amazon.com Services LLC in the Amazon Air network by end of 2024.
- 05/06/2024
|
ATSG to Host First Quarter 2024 Investor Conference Call
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will host a conference call on Tuesday, May 7, 2024, at 10 a.m. EDT to review its financial results for the first quarter ended March 31, 2024.
- 04/15/2024
|
ATSG Highlights Progress in Third Annual Sustainability Report
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG has published its 2023 Sustainability Report to provide information about significant sustainability efforts made by the company in 2023.
- 04/03/2024
|
My Freighter Leases Third 767 from ATSG
- WILMINGTON, Ohio–(BUSINESS WIRE)–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. This delivery marks ATSG’s fourth newly converted Boeing 767-300 dry-lease delivery this year, as outlined in its fourth quarter investor release on February 26, 2024. ATSG’s … The post My Freighter Leases Third 767 from ATSG appeared first on Headlines of Today...
- 03/25/2024
|
My Freighter Leases Third 767 from ATSG
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced today that it has delivered a newly converted Boeing 767-300 freighter to My Freighter Cargo Airlines of Tashkent, Uzbekistan.
- 03/25/2024
|
Here's Why You Should Give Air Transport Services (ATSG) a Miss
- Weakness pertaining to airfreight demand is hurting Air Transport Services' (ATSG) performance significantly.
- 03/22/2024
|
ATSG Delivers Additional Boeing 767 Freighter to DHL
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced that it has commenced a new agreement to lease a 767-300 freighter aircraft to DHL to operate within DHL's global network.
- 03/18/2024
|
ATSG Surpasses $980,000 in Charitable Giving in 2023
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG's charitable giving in 2023 topped $980,000, a fifteen percent increase over the prior year total.
- 03/06/2024
|
Air Transport Services Group, Inc. (ATSG) Q4 2023 Earnings Call Transcript
- Air Transport Services Group, Inc. (NASDAQ:ATSG) Q4 2023 Earnings Conference Call February 27, 2024 10:00 AM ET
- 02/27/2024
|
Air Transport Services (ATSG) Q4 Earnings Miss, Down Y/Y
- Air Transport Services' (ATSG) fourth-quarter 2023 earnings and revenues decrease year over year.
- 02/27/2024
|
Compared to Estimates, Air Transport Services (ATSG) Q4 Earnings: A Look at Key Metrics
- While the top- and bottom-line numbers for Air Transport Services (ATSG) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 02/26/2024
|
ATSG Reports Fourth Quarter and Full-Year 2023 Results
- 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 quarter and year ended December 31, 2023. Those results, as compared with the same periods in 2022, were as follows: Fourth Quarter Results Revenues $517 million, down 3% GAAP Loss per Share (basic) from Continuing Operations $0.24, down.
- 02/26/2024
|
Exploring Analyst Estimates for Air Transport Services (ATSG) Q4 Earnings, Beyond Revenue and EPS
- Get a deeper insight into the potential performance of Air Transport Services (ATSG) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
- 02/21/2024
|
ATSG to Host Fourth Quarter 2023 Investor Conference Call
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will host an investor call on Feb. 27, 2024, at 10 a.m. EST to review its financial results for the fourth quarter and year ended Dec. 31, 2023.
- 02/07/2024
|
ATSG Announces New President of Airline Subsidiary ATI
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced the retirement of James O'Grady, President of Air Transport International, and the appointment of his replacement, Mike Betson.
- 01/25/2024
|
Here's Why You Should Avoid Air Transport Services (ATSG) Now
- Low liquidity and rising fuel costs hurt Air Transport Services (ATSG).
- 01/15/2024
|
2 Air-Freight & Cargo Stocks to Watch in a Challenging Industry
- The Zacks Industry Rank for the Transportation-Air Freight and Cargo industry paints a sorry picture. Braving these headwinds are UPS and FDX, which investors might consider keeping on their radar.
- 01/02/2024
|
Here's Why One Should Avoid Air Transport (ATSG) Stock Now
- Air Transport Services (ATSG) faces major headwinds from increased operating expenses, softness pertaining to airfreight demand and weak liquidity position.
- 12/13/2023
|
New Strong Sell Stocks for December 12th
- ADNT, ATSG and NGLOY have been added to the Zacks Rank #5 (Strong Sell) List on December 12, 2023.
- 12/12/2023
|
Air Transport Services (ATSG) Up 0.3% Since Last Earnings Report: Can It Continue?
- Air Transport Services (ATSG) reported earnings 30 days ago. What's next for the stock?
- 12/06/2023
|
Why You Should Retain Air Transport Services (ATSG) Stock Now
- Shareholder-friendly measures and fleet expansion boost Air Transport Services (ATSG).
- 11/16/2023
|
Air Transport Services Group: What To Do After An Epic Miss?
- Air Transport Services Group has lost a quarter of its value after missing analyst estimates in Q3 results. Analysts and investors have lost confidence in ATSG due to the unexpectedly poor performance and lack of visibility. The Company has downgraded its EBITDA guidance for the year due to weak performance and lower demand in the Middle East.
- 11/13/2023
|
Air Transport Services (ATSG) Q3 Earnings Miss, Decrease Y/Y
- Air Transport Services (ATSG) third-quarter 2023 revenues surge year over year.
- 11/07/2023
|
Why Air Transport Services Group Stock Is Losing Altitude Today
- Air Transport Services reported weaker-than-expected earnings and announced its former CEO is returning to the job effective immediately. ATSG had attempted to expand aggressively into a weakening market.
- 11/07/2023
|
Air Transport Services (ATSG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
- Although the revenue and EPS for Air Transport Services (ATSG) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 11/06/2023
|
Are Investors Undervaluing Air Transport Services Group (ATSG) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/09/2023
|
Air Transport Services (ATSG) Picks Mike Berger as President
- Mike Berger has commenced the duties of Air Transport Services (ATSG) president from Oct 1, 2023.
- 10/05/2023
|
Here's Why One Should Retain Air Transport Services (ATSG)
- Pro-investor steps and fleet expansion boost Air Transport Services (ATSG).
- 10/03/2023
|
Buy these Highly Ranked Stocks Poised to Beat Earnings Expectations
- Rising quarterly and annual earnings estimates are starting to make these companies stand out among their respective sectors with now looking like a great time to buy their stocks.
- 09/25/2023
|
Why Air Transport Services Stock Is Gaining Altitude Today
- Air Transport Services Group was initiated at outperform by Oppenheimer, with the bank focusing on expansion opportunities in e-commerce. The company has a large fleet of fuel-efficient cargo planes and a partnership with Amazon.
- 09/20/2023
|
Is Air Transport Services Group (ATSG) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/04/2023
|
ATSG to Webcast Fireside Chat at the TD Cowen 2023 Global Transportation Conference
- WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG) today announced that it will webcast a fireside chat at the TD Cowen Global Transportation Conference in Boston on Wednesday, September 6, 2023, at 1:40 p.m. Eastern Time. TD Cowen equity analyst Helane Becker will lead a 30-minute fireside chat discussion with ATSG President and CEO Rich Corrado and VP & Controller Matt Fedders. They will discuss the Company's business model and growth strategy as the lead.
- 08/29/2023
|
Here's Why Investors Should Give UPS Stock a Miss at Present
- High labor costs, as a result of the deal with International Brotherhood of Teamsters, and weak demand-induced volume woes are hurting the UPS stock significantly.
- 08/18/2023
|
Here's Why You Must Bet on Air Transport Services (ATSG) Now
- E-commerce growth drives demand for Air Transport Services' (ATSG) mid-size air freighters.
- 08/17/2023
|
Air Transport Services (ATSG) Stock Up 19.5% on Q2 Earnings Beat
- Air Transport Services (ATSG) second-quarter 2023 earnings decrease year over year while revenues increase.
- 08/07/2023
|
Why Air Transport Services Stock Is Flying Higher Today
- ATSG beat estimates in the most recent quarter and raised full-year earnings guidance. The company is rapidly growing its fleet of midsize freighter aircraft in response to e-commerce demand.
- 08/04/2023
|
Air Transport Services (ATSG) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
- Although the revenue and EPS for Air Transport Services (ATSG) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 08/04/2023
|
ATSG to Release Second Quarter 2023 Results
- WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will release its second-quarter 2023 financial results after close of market on Thursday, August 3, 2023. ATSG will host an investor conference call to review the results on Friday, August 4, 2023, at 10:00 a.m. EDT. Conference call participants must register via a link in the Events & Presentations section of ATSG's website, www.atsginc.com. Slides that accompany management's discuss.
- 07/14/2023
|
Here's Why You Should Sell Air Transport Services (ATSG) Now
- High fuel costs and a reduction in the use of cargo aircraft hurt Air Transport Services (ATSG).
- 07/04/2023
|
Air Transport (ATSG) Falls 45% in the Past Year: Here's How
- Rising operating costs and anticipated reduction in cargo aircraft for 2023 hurt Air Transport (ATSG).
- 05/26/2023
|
New Strong Sell Stocks for May 24th
- ATSG, CCRN and FSFG have been added to the Zacks Rank #5 (Strong Sell) List on May 24, 2023.
- 05/24/2023
|
Air Transport Services (ATSG) Lags on Q1 Earnings & Revenues
- Air Transport Services' (ATSG) first-quarter 2023 earnings decrease year over year while revenues increase.
- 05/10/2023
|
Air Transport Services (ATSG) Reports Q1 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for Air Transport Services (ATSG) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 05/04/2023
|
Air Transport Services (ATSG) Q1 Earnings and Revenues Lag Estimates
- Air Transport Services (ATSG) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.56 per share a year ago.
- 05/04/2023
|
5 Stocks Insiders Have Built Positions in Over the Past 3 Months
- According to the Insider Cluster Buys Screen, a Premium feature of GuruFocus, five stocks that have high number of unique insider buys over the past three months are Air Transport Services Group Inc. ( ATSG , Financial), Beyond Air Inc. ( XAIR , Financial), Charles Schwab Corp. ( SCHW , Financial), Valley National Bancorp ( VLY , Financial) and NewtekOne Inc. ( NEWT , Financial).
- 04/18/2023
|
Why Investors Should Avoid Air Transport Services (ATSG) Now
- High fuel costs & inflation-related woes hurt Air Transport Services' (ATSG) prospects.
- 04/03/2023
|
3 Overlooked Value Creators Insiders Are Buying
- Growth and value are two of the most common characteristics investors look for in stocks. However, not all stocks that are undervalued are achieving enough growth for their share prices to appreciate, and not all stocks that are growing are doing so in a way that creates long-term value for shareholders.
- 03/28/2023
|
New Strong Sell Stocks for March 3rd
- AAP, ATSG and ARCE have been added to the Zacks Rank #5 (Strong Sell) List on March 3, 2023.
- 03/03/2023
|
Why Investors Should Avoid Air Transport Services (ATSG) Now
- Air Transport Services (ATSG) stock declines 32.9% in a year's time.
- 03/02/2023
|
New Strong Sell Stocks for March 1st
- CRC, ATSG and CADE have been added to the Zacks Rank #5 (Strong Sell) List on March 1, 2023.
- 03/01/2023
|
Air Transport Services (ATSG) Skids 18.8% Post Q4 Earnings Miss
- Air Transport Services' (ATSG) fourth-quarter 2022 adjusted earnings per share of 53 cents are up 1.9% year over year.
- 02/27/2023
|
Air Transport Services Group: Near-Term Challenges Dominate, But Long-Term Potential Remains
- Air Transport Services Group reported fourth-quarter 2022 results and provided its 2023 outlook, both of which were panned by the market. Cost pressures and reduction in ACMI revenues will serve as a headwind to earnings for the time being, at a minimum.
- 02/26/2023
|
Air Transport Services Group, Inc. (ATSG) Q4 2022 Earnings Call Transcript
- Air Transport Services Group, Inc. (NASDAQ:ATSG ) Q4 2022 Results Conference Call February 24, 2023 10:00 AM ET Company Participants Joe Payne - Chief Legal Officer Rich Corrado - President & CEO Quint Turner - CFO Mike Berger - Chief Commercial Officer Conference Call Participants Grant Smith - Stephens Inc Helen Becker - Cowen Michael Ciarmoli - Truist Frank Galanti - Stifel Howard Rosencrans - Value Advisory Operator Good day, and thank you for standing by. Welcome to the Air Transport Services Group Fourth Quarter 2022 Earnings Conference Call.
- 02/24/2023
|
Air Transport Services (ATSG) Q4 Earnings Miss Estimates
- Air Transport Services (ATSG) delivered earnings and revenue surprises of -7.02% and 2.49%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/23/2023
|
What's in the Cards for Air Transport Services' (ATSG) Q4 Earnings?
- Courtesy of increasing operating costs, Air Transport Services (ATSG) is unlikely to outperform estimates with Q4 Earnings.
- 02/23/2023
|
3 Transportation Stocks That May Overtake the Market in 2023
- Given buoyant air-travel demand post-COVID-19 travel restrictions and the reopening of the global economy, here we present three transportation stocks - UAL, R and ATSG - which are likely to perform better in 2023.
- 12/08/2022
|
6 Reasons Why Investors Should Buy Air Transport (ATSG) Stock
- Air Transport (ATSG) is benefiting from the surge in e-commerce demand and strength across both segments.
- 12/01/2022
|
Air Transport (ATSG) Rewards Investors With Share Buyback
- Air Transport's (ATSG) shareholder-friendly initiative should boost investor confidence and positively impact the company's bottom line.
- 11/29/2022
|
ATSG to Webcast Investor Presentation at the Goldman Sachs 2022 Aircraft Leasing Conference
- WILMINGTON, Ohio--( BUSINESS WIRE )--Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the 2022 Aircraft Leasing Conference presented by Goldman Sachs & Co. LLC in New York City at noon Eastern time on Thursday, December 1, 2022.
- 11/23/2022
|
Air Transport Services Group: Amazon Snub Should Not Dim Long-Term Prospects
- Air Transport Services Group is in the midst of a multiyear growth trajectory which should deliver strong returns to shareholders. Long-term lease contracts and presence of Amazon, DHL and the US DoD as its three largest customers provide a level of stability that should reduce volatility notwithstanding potential economic slowdown.
- 11/16/2022
|
3 Air-Freight & Cargo Stocks to Watch Despite Industry Woes
- Stocks like UPS, Atlas Air (AAWW) and Air Transport Services (ATSG), belonging to the Zacks Transportation-Air Freight and Cargo industry, should benefit from favorable demand and pricing.
- 11/08/2022
|
ATSG to Webcast Investor Presentation at the 2022 Stephens Annual Investment Conference
- WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the Stephens Annual Investment Conference in Nashville, Tennessee, on Tuesday, November 15, 2022, at 8 a.m.
- 11/08/2022
|
Air Transport Services (ATSG) Up 3.1% Since Q3 Earnings Beat
- Revenues at Air Transport Services (ATSG) increase 10.9% year over year in third-quarter 2022.
- 11/07/2022
|
Air Transport Services Group, Inc. (ATSG) Q3 2022 Earnings Call Transcript
- Air Transport Services Group, Inc. (NASDAQ:ATSG ) Q3 2022 Earnings Conference Call November 4, 2022 10:00 AM ET Company Participants Joe Payne - Chief Legal Officer Rich Corrado - President & Chief Executive Officer Quint Turner - Chief Financial Officer Mike Berger - Chief Commercial Officer Conference Call Participants Frank Galanti - Stifel Christopher Stathoulopoulos - Susquehanna Financial Group Thomas Fitzgerald - Cowen and Company Michael Ciarmoli - Truist Securities Scott Cavanagh - APG Asset Management Operator Good day, and thank you for standing by. Welcome to the Air Transport Services Group Third Quarter 2022 Earnings Conference Call.
- 11/04/2022
|
Air Transport Services (ATSG) Q3 Earnings and Revenues Beat Estimates
- Air Transport Services (ATSG) delivered earnings and revenue surprises of 13.21% and 3.68%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/03/2022
|
Will Air Transport Services (ATSG) Beat Estimates Again in Its Next Earnings Report?
- Air Transport Services (ATSG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 10/25/2022
|
3 Airline Stocks To Watch Ahead Of November 2022
- Is now the right time for investors to turn their attention to these airline stocks?
- 10/25/2022
|
Ranking the 7 Top Airline Stocks to Buy From Best to Worst
- One of the hardest-hit sectors following the onset of the pandemic centered on air transportation, which brings an awkward segue for top airline stocks to buy. After all, at one point between Feb. and April 2020, air passenger revenue miles cratered nearly 97%.
- 10/24/2022
|
Here's Why Air Transport Services (ATSG) is a Strong Growth Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 09/30/2022
|
Air Transport Services (ATSG) Loses 11.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
- Air Transport Services (ATSG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
- 09/15/2022
|
ATSG to Webcast Investor Presentation at the Cowen 2022 Global Transportation & Sustainable Mobility Conference
- WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the virtual Global Transportation & Sustainable Mobility Conference on Wednesday, September 7, 2022, at 3 p.m. Eastern time. Cowen analyst Helane Becker will lead a “fireside chat” discussion with ATSG President and CEO Rich Corrado, CFO Quint Turner, and VP & Controller Matt Fedders. They will discuss the company's business model and its growth
- 08/24/2022
|
Air Transport Services: Frantic Travel Disruption Spurs Stock Profit Prospects
- As if air travel wasn't problem free, healthcare concerns have added to Air Transport Services Group's “opportunities”. 101% of its stock is held by 267 institutions. What may they know that you may not?
- 08/19/2022
|
Air Transport Services (ATSG) Down 1.9% Despite Q2 Earnings Beat
- Impressive segmental revenues fuel growth at Air Transport Services (ATSG) during Q2.
- 08/09/2022
|
Air Transport Services Group, Inc. (ATSG) CEO Rich Corrado on Q2 2022 Results - Earnings Call Transcript
- Air Transport Services Group, Inc. (NASDAQ:ATSG ) Q2 2022 Results Conference Call August 5, 2022 10:00 AM ET Company Participants Joe Payne - Chief Legal Officer Rich Corrado - President and CEO Quint Turner - CFO Mike Berger - Chief Commercial Officer Conference Call Participants Jack Atkins - Stephens Helane Becker - Cowen Chris Stathoulopoulos - SIG Frank Galanti - Stifel Eric Kulisch - FreightWaves Operator Good day, and thank you for standing by. Welcome to the Second Quarter 2022 Air Transport Services Group Conference Call.
- 08/05/2022
|
Air Transport Services (ATSG) Beats Q2 Earnings and Revenue Estimates
- Air Transport Services (ATSG) delivered earnings and revenue surprises of 15.69% and 4.61%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/04/2022
|
3 Stocks to Keep Tabs on in the Air Freight & Cargo Industry
- The upbeat demand scenario bodes well for the Zacks Transportation-Air Freight & Cargo industry, UPS, FDX and ATSG are well-poised to capitalize on this uptrend.
- 07/29/2022
|
Air Transport Services (ATSG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Air Transport Services (ATSG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/28/2022
|
ATSG to Host Second Quarter 2022 Investor Conference Call
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG will host an investor call on Friday, August 5, 2022, at 10 a.m. EDT to review its financial results for the second quarter ended June 30, 2022.
- 07/20/2022
|
Why Investors Should Hold Air Transport Services (ATSG) Now
- Upbeat demand for midsize freighters bodes well for Air Transport Services (ATSG).
- 06/29/2022
|
7 Airline Stocks to Sell Now
- These airline stocks to sell are tough to consider during the current macro-economic slump. Effects of the pandemic has impacted the sector.
- 06/28/2022
|
7 Airline Stocks to Sell Now
- These airline stocks to sell are tough to consider during the current macro-economic slump. Effects of the pandemic has impacted the sector.
- 06/28/2022
|
Here's Why Air Transport Services (ATSG) is a Strong Growth Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 05/23/2022
|
3 Transportation Stocks to Buy That Beat Mark in Q1 Earnings
- LUV, CHRW and ATSG report better-than-expected earnings and revenues in Q1 despite the headwinds looming on the Transportation sector.
- 05/09/2022
|
Air Transport Services (ATSG) Q1 Earnings Beat Mark, Rise Y/Y
- The year-over-year increase in revenues from key segments boosts Air Transport Services' (ATSG) Q1 results.
- 05/06/2022
|
Air Transport Services Group, Inc. (ATSG) CEO Rich Corrado on Q1 2022 Results - Earnings Call Transcript
- Air Transport Services Group, Inc. (NASDAQ:ATSG ) Q1 2022 Results Earnings Conference Call May 6, 2022 10:00 AM ET Company Participants Joe Payne - Chief Legal Officer Rich Corrado - President & CEO Quint Turner - CFO Mike Berger - Chief Commercial Officer Conference Call Participants Chris Stathoulopoulos - Susquehanna International Group Frank Galanti - Stifel Jack Atkins - Stephens Operator Welcome to the First Quarter 2022 Air Transport Services Group, Inc. Earnings Conference Call. My name is Richard, and I'll be your operator for today's call.
- 05/06/2022
|
ATSG to Host First Quarter 2022 Investor Conference Call
- WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Friday, May 6, 2022, at 10 a.m. Eastern time to review its financial results for the first quarter ended March 31, 2022. The company will issue its first quarter 2022 earnings release on Thursday, May 5, 2022, after the stock market closes. On the day of the conference call, participants may join the call toll-free at (866) 374-5140 or via toll cal
- 04/27/2022
|
Air Transport Services (ATSG) is on the Move, Here's Why the Trend Could be Sustainable
- Air Transport Services (ATSG) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
- 04/20/2022
|
7 Airline Stocks to Buy That Should Keep Flying
- Rebounding travel demand and climbing air travel fares should push airline stocks to fresh highs. ATSG, CPA, and ALGT can make great investments.
- 04/19/2022
|
3 Air Freight & Cargo Stocks to Watch Despite Supply-Chain Woes
- Upbeat e-commerce demand bodes well for the Zacks Transportation -Air Freight & Cargo industry. UPS, FDX and ATSG are well-poised to capitalize on this uptrend.
- 03/28/2022
|
Air Transport Services (ATSG) Moves 5.1% Higher: Will This Strength Last?
- Air Transport Services (ATSG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
- 03/25/2022
|
Here's Why Momentum in Air Transport Services (ATSG) Should Keep going
- If you are looking for stocks that are well positioned to maintain their recent uptrend, Air Transport Services (ATSG) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
- 03/18/2022
|
Is Air Transport Services (ATSG) Outperforming Other Transportation Stocks This Year?
- Here is how Air Transport Services (ATSG) and Euronav NV (EURN) have performed compared to their sector so far this year.
- 03/17/2022
|
Air Transport Group Delivering On At Least Some Of Its Potential
- Air Transport Group Delivering On At Least Some Of Its Potential
- 03/17/2022
|
Boeing to convert more 767 jets to freighters for ATSG
- Air Transport Services Group, an air cargo and services conglomerate based in Wilmington, Ohio, said Monday it has reserved four additional production slots with Boeing to convert 767-300 passenger jets into freighters, doubling its existing order with the manufacturer as shipping demand soars. The company, which recently reported record 2021 results, has been heavily investing in more all-cargo aircraft it can lease and operate for airlines and logistics companies.
- 03/14/2022
|
Air Transport Services (ATSG) is on the Move, Here's Why the Trend Could be Sustainable
- Air Transport Services (ATSG) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
- 03/02/2022
|
Air Transport Services (ATSG) Q4 Earnings In Line, Rise Y/Y
- Impressive segmental results aid Air Transport Services' (ATSG) Q4 results.
- 02/28/2022
|
Air Transport Services Group, Inc. (ATSG) CEO Rich Corrado on Q4 2021 Results - Earnings Call Transcript
- Air Transport Services Group, Inc. (ATSG) CEO Rich Corrado on Q4 2021 Results - Earnings Call Transcript
- 02/25/2022
|
Air Transport Services (ATSG) Q4 Earnings Match Estimates
- Air Transport Services (ATSG) delivered earnings and revenue surprises of 0% and 8.12%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/24/2022
|
Air Transport Services (ATSG) Earnings Expected to Grow: Should You Buy?
- Air Transport Services (ATSG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/17/2022
|
DHL locks in freighter capacity with ATSG lease extension
- DHL Express has renewed its aircraft operating lease with Air Transport Services Group for six years and added two all-cargo jets for the contractor to fly on its behalf. ATSG (NASDAQ: ATSG) said Tuesday it has signed a lease extension with the express carrier's in-house airline for five Boeing 767-300 aircraft through April 2028, as well as a separate contract under which subsidiary ABX Air will provide crew, maintenance and insurance (CMI) to operate the aircraft.
- 02/08/2022
|
Amazon discloses 5% ownership of Aurora, confirms Rivian and Air Transport stakes
- Amazon says it owns 5.
- 02/02/2022
|
Best Value Stocks to Buy for January 19th
- ATSG, PTR, and LUMN made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 19, 2022
- 01/19/2022
|
Air Transport Services (ATSG) Upgraded to Strong Buy: Here's Why
- Air Transport Services (ATSG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 01/13/2022
|
Freighter Demand Drives Air Transport (ATSG) Amid High Debt
- Rising demand for midsize freighters boosts Air Transport Services (ATSG). However, a high debt is a concern.
- 12/31/2021
|
3 Stocks to Watch From the Promising Air Freight & Cargo Industry
- The upcoming holiday season should provide a further boost to the Zacks Transportation -Air Freight and Cargo industry. Companies like UPS, AAWW and ATSG should gain from this likely development.
- 11/22/2021
|
Air Transport Services (ATSG) Q3 Earnings Beat, Increase Y/Y
- Higher revenues aid Air Transport Services' (ATSG) Q3 results.
- 11/08/2021
|
Air Transport Services Group, Inc. (ATSG) CEO Rich Corrado on Q3 2021 Results - Earnings Call Transcript
- Air Transport Services Group, Inc. (ATSG) CEO Rich Corrado on Q3 2021 Results - Earnings Call Transcript
- 11/05/2021
|
Airborne Maintenance & Engineering Services Grows Business with United Airlines
- WILMINGTON, Ohio--(BUSINESS WIRE)--Airborne Maintenance & Engineering Services, a subsidiary of ATSG, has signed a multi-year agreement to provide heavy maintenance for United Airlines.
- 09/08/2021
|
Here's Why You Should Retain Air Transport Services (ATSG) Now
- Strong e-commerce demand and surge in cargo aircraft management segment revenues are boosting Air Transport Services (ATSG) stock. However, rising capex is a headwind.
- 09/06/2021
|
Air Transport Services Group, Inc. (ATSG) CEO Rich Corrado on Q2 2021 Results - Earnings Call Transcript
- Air Transport Services Group, Inc. (ATSG) CEO Rich Corrado on Q2 2021 Results - Earnings Call Transcript
- 08/06/2021
|
Air Transport Services (ATSG) Q2 Earnings & Revenues Beat
- Air Transport Services' (ATSG) Q2 results are driven by higher revenues from the CAM segment and other operations, partly offset by weak revenues from the ACMI Services unit.
- 08/06/2021
|
Air Transport Services (ATSG) Q2 Earnings and Revenues Surpass Estimates
- Air Transport Services (ATSG) delivered earnings and revenue surprises of 34.62% and 6.03%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 08/05/2021
|
ATSG Reports Second Quarter 2021 Results
- WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the quarter ended June 30, 2021. ATSG's second quarter 2021 results, as compared with the second quarter of 2020 include: Customer revenues increased $32.1 million, or 8 percent, to $409.9 million. Second-quarter aircraft leasing and ground services r
- 08/05/2021
|
ATSG to Host Second Quarter 2021 Investor Conference Call
- WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Friday, August 6, 2021, at 10 a.m. Eastern time to review its financial results for the second quarter ended June 30, 2021. The company will issue its second quarter 2021 earnings release on Thursday, August 5, 2021, after the stock market closes. On the day of the conference call, participants should call (800) 708-4540 (international callers: (84
- 07/27/2021
|
3 Stocks to Tap the Prosperous Air Freight & Cargo Industry
- The phenomenal rise in e-commerce demand amid pandemic bodes well for the Zacks Transportation-Air Freight and Cargo industry players. UPS, FDX and AAWW are already gaining from this rosy scenario and are likely to retain the trend in the near term.
- 07/14/2021
|
ATSG Announces New President of Airline Subsidiary Omni Air International
- TULSA, Okla.--(BUSINESS WIRE)--ATSG today announced that Omni Air International, LLC, an airline subsidiary of ATSG, has appointed Dan Orcutt as president of the passenger airline.
- 07/01/2021
|
Omni Air International Unveils Premium Service Tier
- ORLANDO, Fla.--(BUSINESS WIRE)--Omni Air International, an airline subsidiary of ATSG, today unveiled “Omni Class,” a new premium travel class billed as “180 degrees of 360 luxury.”
- 06/23/2021
|
ATSG Holds Annual Meeting of Stockholders
- WILMINGTON, Ohio--(BUSINESS WIRE)--Stockholders of Air Transport Services Group, Inc. meeting yesterday on a virtual-only basis have re-elected ten directors to the Board of Directors.
- 05/27/2021
|
ATSG and DHL Agree to Four Additional 767 Leases
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced today that it has committed to provide four Boeing 767-300 converted freighters to DHL under stand-alone dry lease agreements.
- 05/24/2021
|
Air Transport Services (ATSG) Q1 Earnings Miss, Decrease Y/Y
- Below-par performance of the ACMI services segment hurts Air Transport Services' (ATSG) Q1 results.
- 05/10/2021
|
Air Transport Services Group, Inc. (ATSG) CEO Rich Corrado on Q1 2021 Results - Earnings Call Transcript
- Air Transport Services Group, Inc. (ATSG) CEO Rich Corrado on Q1 2021 Results - Earnings Call Transcript
- 05/10/2021
|
ATSG to Host First Quarter 2021 Investor Conference Call
- WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Thursday, May 6, 2021, at 10 a.m. Eastern time to review its financial results for the first quarter ended March 31, 2021. The company will issue its first quarter 2021 earnings release on Wednesday, May 5, 2021, after the stock market close. On the day of the conference call, participants should call (800) 708-4540 (international callers: (847) 61
- 04/23/2021
|
ATSG Delivers Third Boeing 767 Freighter to Raya Airways of Malaysia
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced the delivery by its CAM subsidiary of a third Boeing 767-200 converted freighter to Raya Airways of Malaysia under a five-year lease.
- 04/08/2021
|
Air Transport Services Group, Inc. Announces Upsize and Pricing of Add-On Offering of $200 Million Senior Notes Due 2028
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG has announced the upsize and pricing of its add-on offering of $200 Million in senior notes due 2028.
- 04/07/2021
|
Airborne Training Services Launches New Website
- WILMINGTON, Ohio--(BUSINESS WIRE)--Airborne Training Services announced the launch of its newly redesigned website at www.airbornets.com.
- 04/05/2021
|
Why Is Air Transport Services (ATSG) Up 5.1% Since Last Earnings Report?
- Air Transport Services (ATSG) reported earnings 30 days ago. What's next for the stock?
- 03/27/2021
|
Amazon airline ATSG touts red-hot business for cargo jet leases
- Executives at Air Transport Services Group, which provides aircraft and outsourced cargo transport for Amazon's private airline, say the rise in pandemic-related e-commerce is stimulating heavy demand for flying and leasing Boeing 767 freighters, and that new long-term leases will provide ongoing revenue long after the current freight peak subsides. The provider of bundled air transport services is completely sold out with 15 leases this year, including 11 for Amazon (NASDAQ: AMZN), and already has firm orders for nine of the midsize widebody aircraft next year, Chief Commercial Officer Mike Berger said Wednesday during an investor presentation.
- 03/25/2021
|
ATSG to Webcast Investor Presentation at the Sidoti Spring 2021 Virtual Conference
- WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that its investor presentation at the Sidoti Spring 2021 Virtual Conference will be available as an audio webcast on Wednesday, March 24, 2021, at 12:15 p.m. Eastern time. ATSG's Rich Corrado, president and chief executive officer, Mike Berger, chief commercial officer, and Quint Turner, chief financial officer, will discuss the company's business model and its strategy as the leading source of l
- 03/19/2021
|
There's An Interesting Gap Between Air Transport's Underlying Performance And The Share Price
- Air Transport Group continues to see strong demand for its cargo services on the back of hot e-commerce growth, with various and sundry costs obscuring double-digit underlying returns.
- 03/16/2021
|
Amazon Acquiring Nearly 20% of Cargo Carrier Air Transport Services Group
- The company is clearly aiming to be the master of its own destiny in logistics.
- 03/08/2021
|
ATSG Launches Brand Realignment to Focus on Strong Market Positioning and Growth Potential
- WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group has launched a brand realignment unifying the company's spectrum of aviation businesses.
- 03/08/2021
|
Air Transport Services Group, Inc. (ATSG) CEO Rich Corrado on Q4 2020 Results - Earnings Call Transcript
- Air Transport Services Group, Inc. (ATSG) CEO Rich Corrado on Q4 2020 Results - Earnings Call Transcript
- 02/26/2021
|
Air Transport Services (ATSG) Q4 Earnings Top, Decrease Y/Y
- Disappointing revenues from the ACMI Services segment hurt Air Transport Services' (ATSG) top line in Q4.
- 02/26/2021
|
Air Transport Services (ATSG) Q4 Earnings Top Estimates
- Air Transport Services (ATSG) delivered earnings and revenue surprises of 11.76% and -3.69%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/25/2021
|
ATSG to Host Fourth Quarter 2020 Investor Conference Call
- WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Friday, February 26, 2021, at 10 a.m. Eastern Time to review its financial results for the fourth quarter and year ended December 31, 2020. The company will issue its fourth quarter 2020 earnings release on Thursday, February 25, 2021, after the stock market close. On the day of the conference call, participants should call (800) 708-4540 (internat
- 02/18/2021
|
ATSG to Webcast Investor Presentation at the Stifel 2021 Transportation & Logistics Conference
- WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the Stifel Virtual Transportation & Logistics Conference on Wednesday, February 10, 2021, at 2 p.m. Eastern time. ATSG's Rich Corrado, president and chief executive officer, and Quint Turner, chief financial officer, will discuss the company's business model and its strategy as the leading source of leased freighter aircraft, including Boeing 767s i
- 02/05/2021
|
Is Air Transport Services (ATSG) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 01/22/2021
|
Is Air Transport Services (ATSG) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 01/06/2021
|
Air Transport Services (ATSG) Gains on E-Commerce, Costs Ail
- Need for door-to-door delivery of essentials during this unprecedented crisis is aiding Air Transport Services (ATSG). However, rising capex is a concern.
- 12/22/2020
|
Air Transport Services Group: Soaring To New Heights
- ATSG saw growing demand for freighter leasing in 2020 from Amazon, other existing customers, and new customers. During the nine months of 2020, the company saw almost 10% revenue growth YoY despite reduced commercial passenger aircraft and external aircraft maintenance.
- 11/23/2020
|
Air Transport Services Group, Inc. (ATSG) CEO Rich Corrado on Q3 2020 Results - Earnings Call Transcript
- Air Transport Services Group, Inc. (ATSG) CEO Rich Corrado on Q3 2020 Results - Earnings Call Transcript
- 10/30/2020
|
Air Transport Services (ATSG) Beats Q3 Earnings and Revenue Estimates
- Air Transport Services (ATSG) delivered earnings and revenue surprises of 33.33% and 5.89%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
- 10/29/2020
|
ATSG Delivers Boeing 767 Freighter to Astral Aviation of Kenya
- WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced the delivery by its Cargo Aircraft Management subsidiary of a Boeing 767-200 converted freighter to Astral Aviation of Kenya.
- 10/28/2020
|
Air Transport Services Group Starts Business To Train Pilots
- Air Transport Services Group Inc (NASDAQ: ATSG) has added another business line to its portfolio of aircraft leasing and outsourced transport services: pilot training.Wilmington, Ohio-based ATSG said Monday it has formed a new venture, Airborne Training Services, to train commercial airline pilots on Boeing 757 and 767 aircraft through class and simulator-based instruction. The company is essentially consolidating in-house training for its own cargo and passenger airlines, and offering the service to other airlines too. ATSG said it has completed an agreement with Avenger Flight Group LLC to extend its training capacity. Under the seven-year contract, Avenger will provide additional 767 and 777 flight simulator resources for ATSG pilots and Airborne Training Services' customers.Subsidiary airline ABX Air previously handled pilot training and simulators for ATSG. The new venture allows ATSG to become more efficient in providing those services across its three airlines — ABX, Air Transport International and Omni Air International, spokeswoman Kym Parks said in an email. "To be able to provide the same level of training that has been developed over 40 years of operation to external customers, we needed to develop a relationship that would give customers access to a broader range of airframe types and additional access to support capacity," Parks said, explaining the Avenger engagement.ATSG is a diversified air services company. It offers a range of services, including aircraft leasing, crews and maintenance to fly aircraft for other airlines, bundled aircraft and operating service, maintenance and engineering services, freighter conversions and ground-handling services. It operates aircraft for a number of major customers, including Amazon (NASDAQ: AMZN). The company's second-quarter pretax earnings increased 20%, aided by an overall shortage of air cargo capacity that increased demand for its all-cargo aircraft.The new ATSG training center, certified by the Federal Aviation Administration, offers in-depth classroom instruction and flight training on full flight simulators. It is led by Alex Thurmond, who most recently managed the learning center at FlightSafety International, ATSG said.Click here for more FreightWaves/American Shipper stories by Eric Kulisch. / Contact: ekulisch@freightwaves.com /Twitter: @ericreportsRECOMMENDED READING:E-commerce, pandemic charters boost ATSG's Q2 revenuesAir cargo market: Brace for bigrate hikesMesa Airlines envisions operating 10 DHL cargo jets by 2022See more from Benzinga * USPS' Holiday Surcharges May Be Lump Of Coal For Merchants * TFI Raises 9 Million In Share Offering * JD.com Buys 2 Million Majority Stake In Express Delivery Giant(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/17/2020
|
New ATSG Venture Provides Training for Airline Pilots
- ATSG today announced that it has formed a new venture, Airborne Training Services, to provide training to airline pilots on Boeing 757s and 767s.
- 08/17/2020
|
Air Transport Services Group (NASDAQ:ATSG) Downgraded by TheStreet
- TheStreet downgraded shares of Air Transport Services Group (NASDAQ:ATSG) from a b rating to a c+ rating in a research note published on Thursday, TheStreetRatingsTable reports. Other equities analysts have also issued reports about the stock. Zacks Investment Research lowered shares of Air Transport Services Group from a hold rating to a sell rating in […]
- 08/11/2020
|
Air Transport Services (ATSG) Q2 Earnings Beat Estimates
- Strong performances of Air Transport Services' (ATSG) main segments drive its Q2 performance.
- 08/10/2020
|
Estimating The Intrinsic Value Of Air Transport Services Group, Inc. (NASDAQ:ATSG)
- In this article we are going to estimate the intrinsic value of Air Transport Services Group, Inc. (NASDAQ:ATSG) by...
- 08/08/2020
|
Atlas Air Worldwide Reports Second-Quarter 2020 Results
- Results Reflect Strong Airfreight Demand and Resilient Business Model
Reported Net Income of $78.9 Million
Adjusted EBITDA of $247.0 Million and Adjusted Net
- 08/06/2020
|
ATSG Second-Quarter Results Reflect Solid Growth, Improving Cash Flows, and Strong Demand for Leased Cargo Aircraft
- Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation and related services, today reported consolidated financial results for the quarter and six months ended June 30, 2020.
- 08/05/2020
|
ATSG to Host Second Quarter 2020 Investor Conference Call
- ATSG will host an investor conference call on Thursday, August 6, 2020, at 10 a.m. EDT to review its financial results for the second quarter of 2020.
- 07/29/2020
|
Air Transport Services (ATSG) Earnings Expected to Grow: Should You Buy?
- Air Transport Services (ATSG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/27/2020
|
ATSG Delivers 767 Freighter to MasAir of Mexico
- ATSG today announced the delivery of a Boeing 767-300 converted freighter to MasAir of Mexico City under terms of a five-year dry lease agreement.
- 07/27/2020
|
ATSG Delivers 767 Freighter to MasAir of Mexico
- ATSG today announced the delivery of a Boeing 767-300 converted freighter to MasAir of Mexico City under terms of a five-year dry lease agreement.
- 07/27/2020
|
ABX Air Launches New Website
- ABX Air, Inc. today announced the launch of its newly redesigned website at www.abxair.com.
- 07/24/2020
|
Cargo Aircraft Management, Inc. -- Moody's announces completion of a periodic review of ratings of Air Transport Services Group, Inc.
- Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Air Transport Services Group, Inc. New York, July 23, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Air Transport Services Group, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- 07/23/2020
|
Did Hedge Funds Make The Right Call On Air Transport Services Group Inc. (ATSG) ?
- The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]
- 07/20/2020
|
ATSG’s PEMCO Receives FAA Approval for its Boeing 737-700 FlexCombi™ Conversion Program
- ATSG announced today that the FAA has approved its Passenger-to-FlexCombi (tm) conversion program for the Boeing 737-700 Next Generation aircraft.
- 07/15/2020
|
ATSG’s PEMCO Receives FAA Approval for its Boeing 737-700 FlexCombi™ Conversion Program
- ATSG announced today that the FAA has approved its Passenger-to-FlexCombi (tm) conversion program for the Boeing 737-700 Next Generation aircraft.
- 07/15/2020
|
A Closer Look At Air Transport Services Group, Inc.'s (NASDAQ:ATSG) Impressive ROE
- While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- 07/08/2020
|
ATSG Deploys 767 Freighters to Support DHL Network
- ATSG has deployed two additional 767 Freighters in support of the DHL Express Network.
- 07/06/2020
|
ATSG Deploys 767 Freighters to Support DHL Network
- ATSG has deployed two additional 767 Freighters in support of the DHL Express Network.
- 07/06/2020
|
Cargojet (TSX:CJT) Stock Soars 90%: What’s Next?
- Cargojet has made investors rich, and the uptrend in its stock could continue.
- 07/02/2020
|
Two Sigma Advisers LP Sells 5,500 Shares of Air Transport Services Group Inc. (NASDAQ:ATSG)
- Two Sigma Advisers LP reduced its stake in Air Transport Services Group Inc. (NASDAQ:ATSG) by 6.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 73,800 shares of the transportation company’s stock after selling 5,500 shares during the period. Two Sigma […]
- 07/02/2020
|
Hedge Funds Have Never Been More Bullish On Air Transport Services Group Inc. (ATSG)
- In this article we will check out the progression of hedge fund sentiment towards Air Transport Services Group Inc. (NASDAQ:ATSG) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their […]
- 06/18/2020
|
Air Transport Services Group: A Cheaper Way To Invest In Amazon's Growth
- Air Transport Service Group is the largest lessor of freighter aircraft. Expanding relationship with Amazon is a catalyst for ATSG's growth. Moves made by the C
- 06/17/2020
|
Nuveen Asset Management LLC Sells 119,164 Shares of Air Transport Services Group Inc. (NASDAQ:ATSG)
- Nuveen Asset Management LLC decreased its holdings in Air Transport Services Group Inc. (NASDAQ:ATSG) by 7.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,439,338 shares of the transportation company’s stock after selling 119,164 shares during the period. Nuveen Asset Management LLC owned […]
- 06/16/2020
|
'Disgusted' man claims widening pavements will make traders suffer
- The council says it has to act quickly to ensure people's safety
- 06/11/2020
|
NTSB Schedules Public Meeting On Fatal Atlas Air Flight
- The National Transportation Safety Board will hold a hearing next month as part of its investigation into the probable cause of an Atlas Air cargo plane that crashed in February...
- 06/11/2020
|
ATSG Delivers Boeing 767 Freighter to Raya Airways of Malaysia
- Air Transport Services Group, Inc. (NASDAQ: ATSG) announced the delivery by its Cargo Aircraft Management (CAM) subsidiary of a Boeing 767-200 converted...
- 06/08/2020
|
ATSG Delivers Boeing 767 Freighter to Raya Airways of Malaysia
- ATSG announced the delivery by its leasing subsidiary of a Boeing 767-200 converted freighter to Raya Airways of Malaysia under a five-year lease.
- 06/08/2020
|
Amazon Air expande operações em terra e aumenta frota aérea de carga - Computerworld
- Empresa adicionou 12 novas aeronaves de carga ao serviço, que experimenta crescimento de demanda por conta do distanciamento social
- 06/08/2020
|
Atlas Air Worldwide: Who Needs Passenger Aircraft? (NASDAQ:AAWW)
- Reduced shipping capacity of passenger aircraft lead to higher air cargo rates. AAWW is a pure play air freight company well positioned to fill the COVID-19 ind
- 06/06/2020
|
Analysis: Amazon Air And ATSG Grow Together
- Amazon's announcement that it will lease 12 all-cargo aircraft from a key contract carrier demonstrates how the online retail and logistics giant has created a formidable private airline in the span of four years to keep up with the enormous growth of e-commerce.The additional Boeing 767 freighters will expand Amazon's (NASDAQ: AMZN) fleet beyond 80 aircraft by the end of 2021, and a new report from researchers at DePaul University in Chicago estimates Amazon Air could have about 200 aircraft at its disposal in seven to eight years. Amazon Air now operates almost 100 flights per day despite focusing primarily on North America, it said.Having an air network to complement its ubiquitous ground-based shipping network allows the company to better control price and performance for overnight and two-day delivery promised to 105 million Prime members, and move inventory between fulfillment centers. Analysts say that having an in-house airline not only helps its own supply chain but positions Amazon to offer third-party, end-to-end logistics services like those of FedEx (NYSE: FDX) and UPS (NYSE: UPS)The new aircraft stem from a December 2018 deal with Air Transport Services Group (NASDAQ: ATSG) that gave Amazon options for 17 aircraft and increased rights to own a piece of its business partner. The dozen aircraft will be leased for 10 years, with options for Amazon to extend the term for three years, according to ATSG.One of the converted freighters entered service last month and ATSG's leasing arm, Cargo Aircraft Management, is scheduled to deliver the remainder next year. More than two dozen CAM aircraft, flown and operated by sister company Air Transport International, are in service with Amazon today. CAM expects to have 31 of the midsize freighters under lease with Amazon by the end of the year and 42 in service by year-end 2021.CAM typically purchases passenger planes that are 15 to 20 years old and then manages their conversion into freighters.Amazon has not made a decision yet on who will operate the latest tranche of aircraft, a spokesperson said, but if history is precedent they will go to Air Transport International. Amazon is ATSG's second-largest customer after the Department of Defense and accounted for 23% of its revenue last year.In exchange for the commitment for 12 more leases, Amazon will receive 7 million warrants to purchase ATSG stock, increasing its potential ownership stake to 38%. If Amazon leases five more aircraft under the 2018 deal, its equity stake in ATSG could reach 40% — double the investment rights granted in the initial 2016 partnership. So far, Amazon has not exercised any of the warrants granted by Wilmington, Ohio-based ATSG. Diversified carrier strategyAmazon recently added Sun Country to its roster of outsourced air transport providers. The e-tailer last summer leased 15 converted Boeing 737-800 freighters from GE Capital Aviation Services and plans to place 10 of them with Sun Country, a traditional passenger airline that launched its cargo operation in late April. The aircraft are suitable for smaller markets where a 767 freighter — the model that dominates the Amazon Air fleet and has a 187,000-pound maximum payload — is not necessary. Amazon's other primary provider of leased aircraft and outsourced airlift, besides ATSG and Air Transport International, is Atlas Air Worldwide, which operates planes under its Atlas Air and Southern Air brands.Having multiple air subcontractors spreads Amazon's risk, especially as it relates to labor relations with pilots, analysts say. Atlas Air, for example, has been embroiled in contentious contract talks with the Teamsters union for a long time. Last year, disaffected pilots conducted work slowdowns and sick-outs that led to service disruptions and Amazon transferring flying responsibility for two planes to ATSG."What Amazon has done is create a firewall around having direct exposure to pilot labor and pushed that to subcontractors," Brian Clancy, a partner at Logistics Capital & Strategy, told FreightWaves. "They want as many viable subcontractors within each of the payload range segments. They're trying to create an ecosystem where subcontractors are fungible. Next man up. I can plug and play."If you read the fine print on any of these contracts, they might have a contractual duration that might be multiyear, but when you look at all the outs, all the footnotes, they are very flexible to Amazon," Clancy said.The Sun Country-Amazon marriage is timely for both parties, Clancy added. Amazon gets another partner it can play off against others, and Sun Country, now owned by private equity group Apollo Management, is in growth mode. Some of Amazon Air's future expansion could be in the form of smaller airlines, such as twin-engine turboprops or the Cessna 208B Super Cargomaster used by FedEx Express, or through the acquisition of another cargo airline, suggests the DePaul University study authored by Professor Joseph Schwieterman. And Clancy said at some point it will make sense for Amazon to upsize to Boeing 777 or MD-11 aircraft for international and domestic trunk routes.Airport hubsAmazon still relies heavily on FedEx Express and UPS for domestic air transport and DHL to haul international shipments. UPS, by comparison, operates about 265 aircraft and has about 300 aircraft in its fleet, when charters and lease are included. DHL Express operates over 260 dedicated aircrafts with 17 partner airlines, including Southern Air and ATSG subsidiary ABX Air. FedEx, the largest air cargo operator in the world, operates 679 planes (398 truck aircraft and 282 turboprop feeder planes), according to its latest quarterly report. Amazon's air network is decentralized and not designed to ensure nationwide next-day delivery, as FedEx and UPS systems do. Instead, Amazon air stations are located at secondary, cargo-friendly airports near major warehouses and within a day's truck drive of fulfillment centers. * (Source: Chaddick Institute for Metropolitan Development, DePaul University)Amazon this summer plans to open a 42-acre air terminal at Lakeland Linder International Airport, a general aviation airport near Tampa, Florida, after last month picking San Bernardino International Airport outside Los Angeles as its western hub and opening a regional hub at Fort Worth Alliance Airport in Texas last September."Amazon Air's network does not yet have the breadth to allow Amazon to provide the same range of service as FedEx and UPS. It is designed partially to compete with — and partially complement — the services of these other companies. Such complementarity is reflected in the fact that three of the five airports having the most Amazon Air flights — Cincinnati, Chicago Rockford and Ontario, Calif., — are large hubs for air-freight integrators," the DePaul report said.FedEx and UPS also operate at San Bernardino airport and FedEx has a sort facility at Alliance Airport.Amazon still is predominantly oriented toward second-day delivery, which makes having late-night flights less critical. About three-quarters of the Amazon Air flights evaluated by the DePaul researchers depart between 6 a.m. and 11 p.m., versus overnight for the big express carriers. Although FedEx and UPS schedules are highly predictable, Amazon's vary considerably."Amazon Air marches to the beat of a different drummer than FedEx or UPS. It is more likely to operate flights during the daylight hours, operate from cargo-focused airports having little passenger traffic, and dynamically change schedules from one day to the next," Schwieterman said in an email.Amazon is on track to open its primary air hub at Cincinnati/Northern Kentucky International Airport in 2021, which includes a $1.5 billion, 3 million-square-foot sortation facility. Amazon is currently using DHL's facility there to sort packages and service aircraft for Amazon's 14 routes from the airport. The ability to eventually handle 100 aircraft per day in a hub-and-spoke system could alter Amazon's approach.(Click here for more articles by Eric Kulisch)See more from Benzinga * Breaking: Truck Transportation Jobs Dropped Slightly In May * Volume Faucet On Full Blast But Rates Still A Dribble * Protecting Reefer Containers From Premature Wear(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 06/05/2020
|
Today’s Logistics Report: Hobbled Factory Supply Chains; Trade Flows Sliding; Hedging for Recovery
- Today’s Top Supply Chain & Logistics News from WSJ.
- 06/05/2020
|
Company News for June 5, 2020
- Companies in the news are: ATSG, TTC, IBIO, LIVX
- 06/05/2020
|
Amazon étoffe sa flotte d'avions avec douze Boeing
- Le géant du e-commerce a annoncé cette semaine qu'il allait ajouter douze avions supplémentaires à sa flotte, qui en comptait déjà 70. La société fondée par Jeff Bezos veut accélérer ses livraisons et réduire sa dépendance aux autres acteurs de la logistique.
- 06/05/2020
|
77 Biggest Movers From Yesterday
|
Amazon Bolsters Its Shipping Ambitions. Here What That Means to FedEx and UPS.
- Amazon is leasing more planes from its logistics partner, undefineddemonstrating its commitment to controlling more of undefinedits own logistics as online shopping volumes grow.
- 06/04/2020
|
Coronavirus update: Global case tally climbs above 6.6 million and California reports a rise in infections amid protests and reopening
- The number of confirmed cases of the coronavirus that causes COVID-19 rose past 6.6 million on Thursday, and California reported a rise in infections after weeks of slowing, raising concerns that the protests at the death of George Floyd, and the reopening of certain counties, are helping spread the illness.
- 06/04/2020
|
60 Stocks Moving In Thursday's Mid-Day Session
|
Coronavirus update: Global case tally climbs above 6.5 million and California reports a rise in infections amid protests and reopening
- The number of confirmed cases of the coronavirus that causes COVID-19 rose past 6.5 million on Thursday, and California reported a rise in infections after...
- 06/04/2020
|
P/E Ratio Insights for Air Transport Services
- Looking into the current session, Air Transport Services Group Inc. (NASDAQ: ATSG) shares are trading at $22.32, after a 5.43% increase. Moreover, over the past month, the stock increased by 4.15%, but in the past year, fell by 1.72%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.The stock is currently higher from its 52 week low by 69.09%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with integrated freight & logistics stocks, and capitalize on the lower share price observed over the year.The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings.Depending on the particular phase of a business cycle, some industries will perform better than others.Compared to the aggregate P/E ratio of the 27.97 in the integrated freight & logistics industry, Air Transport Services Inc. has a lower P/E ratio of 15.45. Shareholders might be inclined to think that they might perform worse than its industry peers. It's also possible that the stock is undervalued.Price to earnings ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors may not be able to attain key insights from trailing earnings.See more from Benzinga * 17 Industrials Stocks Moving In Thursday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 06/04/2020
|
Amazon (AMZN) to Expand Air Fleet by Leasing 12 Cargo Planes
- Amazon (AMZN) to lease 12 additional Boeing 767-300 converted cargo aircraft to ensure timely delivery of goods.
- 06/04/2020
|
Air Transport Services stock soars after deal to lease 12 Boeing 767s to Amazon
- Shares of Air Transport Services Group Inc. soared 10.3% toward a 4 1/2-month high in premarket trading Thursday, after the aircraft leasing company announced a deal to lease an additional 12 Boeing 767-300 converted cargo aircraft to Amazon.com Inc. . As part of the agreement, one aircraft was delivered on May 29 and the remaining 11 will be delivered in 2021. The leases will be for 10 years, with options for Amazon to extend them by 3 years. The company said the deal increases the number if aircraft leased to Amazon to 42 by the end of 2021. "This new commitment is further evidence of Amazon's confidence in our ability to support its expanding U.S. air network," said Chief Executive Rich Corrado. The stock has rallied 15.1% over the past three months through Wednesday, while Amazon shares have climbed 25.4% and the Dow Jones Industrial Average has slipped 3.0%.
- 06/04/2020
|
Boeing's stock is the lone Dow gainer, could add 60 points to the Dow's price
- Shares of Boeing Co. undefined surged 5.1% in premarket trading, and is the only one of the Dow Jones Industrial Average's undefined 30 components to be...
- 06/04/2020
|
Boeing's stock is the lone Dow gainer, could add 60 points to the Dow's price
- Shares of Boeing Co. surged 5.1% in premarket trading, and is the only one of the Dow Jones Industrial Average's 30 components to be gaining ground ahead of the open. The implied price gain would add about 60 points to the Dow's price, while Dow futures dropped 130 points, or 0.5%. The rally comes after the stock soared 13.0% on Wednesday, and run up 18.7% amid a 3-day win streak. On Thursday, Air Transport Services Group Inc. said it was leasing 12 additional Boeing 767-300 cargo-converted aircraft to Amazon.com Inc. , with one of the aircraft delivered on May 29 and the remaining 11 to be delivered in 2021. And on Tuesday, TUI AG said it agreed to a compensation package and a new delivery deal with Boeing.
- 06/04/2020
|
Air Transport Services Group shares are trading higher after Amazon announced it leased 12 Boeing aircrafts from Air Transport Services Group.
|
17 Industrials Stocks Moving In Thursday's Pre-Market Session
|
33 Stocks Moving in Thursday's Pre-Market Session
|
ATSG to Lease Twelve Additional 767 Freighters to Amazon
- Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, air transportation and related services, today announced an agreement to lease twelve additional Boeing 767-300 converted freighter aircraft to Amazon.com Services LLC. One of the twelve aircraft was delivered on May 29, 2020 and the remaining eleven will be delivered in 2021. All twelve will be leased to Amazon for ten years, with options for Amazon to extend the leases for three additional years.
- 06/04/2020
|
Amazon Air expands aircraft fleet to help more people in Covid-19 situation
- Amazon has announced to lease 12 additional 767-300 converted cargo aircraft, increasing their fleet to over 80 aircraft as part of its dedicated air cargo network to help people who rely on items they need delivered directly to their doorstep in these unprecedented times.
- 06/04/2020
|
10 Stocks Moving In Wednesday's After-Hours Session
|
Amazon Dives Into Weak Aircraft Market, Leases 12 More Planes
- (Bloomberg) -- Amazon.com Inc. is expanding its air cargo operations with plans to grow its fleet to more than 80 planes as the online retailer takes advantage of a depressed market for aircraft during the pandemic.The company announced Wednesday that it had leased 12 converted Boeing 767-300 passenger planes from Air Transport Services Group Inc. One was added to Amazon’s existing fleet of 70 aircraft last month, and the rest will be delivered in 2021, the Seattle-based company said in a statement.The deal comes as the global aviation industry grapples with severe travel restrictions to limit the spread of Covid-19. Air Transport shares rose as much as 16% on the news.Amazon, meanwhile, is trying to keep up with a booming e-commerce business that has benefited from a surge in online shopping from people sheltering at home. The company unveiled the air cargo service, now called Amazon Air, in 2016 as it looked to rely less on carriers such as United Parcel Service Inc. and FedEx Corp.A report released last month by the DePaul University’s Chaddick Institute of Metropolitan Development estimated that Amazon Air may grow to 200 planes in the next seven or eight years, creating a cargo service that could rival UPS. “Amazon Air’s robust expansion makes it one of the biggest stories in the air cargo industry in years,” the study’s authors wrote.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 06/03/2020
|
Amazon leases 12 aircraft to bolster air cargo fleet | MarketScreener
|
Amazon leases 12 more Boeing cargo planes for Amazon Air fleet
- Amazon.com Inc. said late Wednesday it will lease 12 Boeing Co.'s 767 jets that have been converted to cargo from Air Transport Services Group Inc. . The planes join Amazon.com's Amazon Air fleet of more than 80 cargo aircraft; one of the leased jets joined operations in May and the remaining 11 will be in service next year, Amazon said. "Amazon continues to adapt to meet the changing needs of customers by investing in ways to provide fast, free delivery," and Amazon Air "has played a central role during the COVID-19 pandemic," Amazon said in a statement. In the same statement, Amazon said it will open a new hub at the Lakeland Linder International Airport in Florida later this summer and at the San Bernardino International Airport next year, along with its central hub at the Cincinnati/Northern Kentucky International Airport also in 2021. Shares of Amazon.com were flat in the extended session after ending the regular trading day up 0.2%.
- 06/03/2020
|
Air Transport Services Group Shares Up After Hours Following Amazon Press Release Announcing Lease Of 12 Boeing 767-300 Converted Cargo Aircraft From Co.
|
Air Transport Services Group shares are trading higher after Amazon announced it leased 12 Boeing aircrafts from Air Transport Services Group.
|
Airlines Fight To Exit 'Intensive Care'
- Despite signs of modest improvement in passenger traffic and the lifting of many coronavirus restrictions, airlines aren't relaxing efforts to shore up balance sheets and restructure in hopes of remaining solvent until demand returns in a meaningful way years from now.Since Friday, several U.S. and international airlines have announced they are receiving more government assistance to stay afloat, implementing reorganization plans, and laying off workers. Still, some airline executives are preparing scenarios for surviving and thriving, beyond the next 12 months.Southwest Airlines (NYSE: LUV) on Monday said in a regulatory filing that it received the second tranche of funding, worth $652 million, from the U.S. government's emergency assistance program for airlines aimed at protecting jobs through September. The U.S. Treasury Department has disbursed $2.3 billion of the $3.2 billion committed by the government, about two-thirds of which is in direct grants and the rest in the form of low-interest loans. The remaining installments are scheduled for June and July. Southwest has 60,000 employees, many of whom have taken unpaid temporary leave while the airline operates at about 40% of its normal schedule. Public focus is on the $25 billion in workforce assistance to passenger airlines, but cargo airlines were also promised $4 billion.On Thursday, Air Transport Services Group (NASDAQ: ATSG), a provider of outsourced charter transport, said it had reached agreement with the Treasury Department for non- repayable grants totaling $67 million for subsidiary Omni Air International and an additional $8 million for Air Transport International, which provides dedicated airlift for customers such as Amazon and DHL. The money will be paid in installments through September. In exchange, the company cannot implement involuntary furloughs or reduce employee pay and benefits and will limit executive compensation through March 24, 2022. The U.S. government was motivated to support one of its largest carriers after the Defense Department's order in March to restrict movement of all military and civilian personnel, and troop deployments, around the world, Susquehanna Financial Group airline analyst Christopher Stathoulopoulos said in a research note. Omni operates 15 passenger aircraft and is a major supplier of passenger airlift for the Defense Department, which is ATSG's largest customer. Contract work for the U.S. military by Omni, ATI, and sister cargo carrier ABX Air was the biggest source of ATSG's 63% growth in revenue last year, Chief Financial Officer Quint Turner told investors in early May, when the company reported a $134 million quarterly profit.Continuation of military travel restrictions could put additional pressure on adjusted operating profits for ATSG and Atlas Air Worldwide, which has not applied for payroll support from the government. The different approaches may be explained by the fact that only a quarter of Atlas' revenue comes from the Defense Department compared to about one-third for ATSG.Domestic passenger airlines have made clear that they will have to significantly downsize their workforces after the government assistance ends because they expect to be operating fewer aircraft for several years until large numbers of people feel safe flying again, or can afford to do so after the pandemic. Their financial health is important to shippers too because they are a convenient way to ship cargo in normal times.On Friday, United Airlines (NASDAQ: UAL) said it was eliminating 13 officer positions as part of a reorganization that began earlier in the week. Effective June 15, United will consolidate several departments and functions, with a single vice president for financial planning, corporate real estate moving to new Chief Customer Officer Toby Enqvist's shop, environmental affairs moving under government affairs, and domestic and international line stations reporting to a single person. In total, eight officers, including Jim DeYoung, vice president of network operations, will leave the company by Oct. 1 and five positions will not be refilled.Earlier in May, the airline said it would carve out 30% of its mid-level management and administrative staff. The next round of management and administrative changes will be announced before the end of June, and the entire reorganization process will be completed by August, United said in a memo to employees.Meanwhile, Delta Airlines (NYSE: DAL) and its pilot's union are in talks to avoid dismissals for 2,327 pilots who currently don't have flying assignments after a reshuffling of pilots to different locations or airline types designed to align staffing levels with summer flying schedules. Reuters was first to report the pilot changes. The Delta Master Executive Council, part of the Air Line Pilots Association, said in a statement that it also is discussing potential early retirement for pilots who qualify, as well as voluntary leave programs. Future Vision Travel demand has ticked up from the bottom six weeks ago, with Transportation Security Administration data for screened passengers show a decline of 90.4% in May from the year-ago traffic compared with 95.3% in April. Industry officials say leisure travel to beach and mountain destinations is luring travelers, while business and international travel continue to lag.United CEO Scott Kirby said last week he is looking beyond short-term survival and trying to manage the recovery by minimizing involuntary furloughs so the company can seize the moment to grab market share when demand rebounds. One option was recently modeled by Brussels Airlines pilots, who offered to work fewer hours to keep more on staff after the company last month said its restructuring would involve shedding 25% of its workforce.And in a video message posted on Southwest Airlines' community blog, Chairman and CEO Gary Kelly said the airline is trying to reimagine a long-term future after each department was instructed to develop 30-day, 60-day, and 90-day plans for responding to the crisis and navigating through the recovery. "Since the company is in intensive care, so to speak, our immediate planning is focused on today," but Southwest is developing flexible long-term scenarios to position the airline for whatever health and economic conditions exist at the time, he said. * Gary Kelly (Photo: SW Airlines)"We're preparing contingency plans if radical changes are required in order for us to survive," Kelly said. Aircraft levels will vary depending on the scenario that materializes, adding that he hopes the 737 MAX will be cleared to return to service by the fourth quarter because "tis the most cost-effective plane in terms of fuel and maintenance" and provides a great customer experience."When traffic returns we'll compete hard for customers, understanding it will be a brutal low-fare environment as there are far more airline seats right now and for some time than there are customers," Kelly said. Southwest Airlines has a good chance of getting back on its feet because it is the largest U.S. domestic carrier. It also has a strong balance sheet with $12 billion in liquidity that could carry it well into 2021 with zero revenue, a loyal following, single-fleet type (Boeing 737) and a strong management team experienced at dealing with downturns, says Helane Becker, an airline analyst at Cowen investment bank. The delay in receiving more MAX aircraft from Boeing has actually helped the company in the short term, she added in a note to clients.International Response Deutsche Lufthansa AG (FRA: LA) on Monday also said it has agreed to a financial aid package from the German government and will reluctantly accept European Commission conditions to relinquish access rights at its hubs in Frankfurt and Munich. The company is urging shareholders to approve the deal at a June 25 general meeting even though they will take a haircut."It must be clearly stated, however, that Lufthansa is facing a very difficult road ahead," Board Chairman Karl-Ludwig Kley said in a statement. "Stabilizing our Lufthansa is not an end in itself. Together with the German government, it must be our goal to defend our leading position in global aviation," chief executive Carsten Spohr added. "We are grateful to all those involved in the stabilization process, including our customers, employees and shareholders for this perspective. We will not disappoint them and will now work hard to ensure the competitiveness and future viability of our airline group."Analysts expect international travel to take longer to bounce back than domestic travel. Lufthansa depends heavily on international business and the company is planning workforce reductions "in the most socially acceptable way possible," Spohr said. Emirates, which operates a long-haul network out of Dubai, also said in a statement that it will let go of an undisclosed number of employees because of the financial hardship caused by COVID-19. Fellow Gulf Arab carriers Etihad and Qatar Airways had previously announced layoffs.Emirates cut salaries and wages after drastically reducing passenger operations in March in an effort to avoid job reductions, and Chairman and CEO Sheikh Ahmed bin Saeed Al Maktoum said then the United Arab Emirates would provide financial assistance. Emirates has seen a drop in cargo revenue because many of its wide-body passenger aircraft are grounded, but cargo business is still strong compared to passenger because of high demand for freighters and passenger jets used as auxiliary cargo planes.Airlines are taking tentative steps to restore passenger service, as countries slowly reopen their economies. Italy opens its borders to regional and international travel on Wednesday, giving the tourism industry its first sign of optimism since the nation went into lockdown in early March.
- 06/02/2020
|
IATA: Urgent implementation of ICAO COVID-19 guidelines needed
- The International Air Transport Association (IATA) urged governments to quickly implement the International Civil Aviation Organization’s (ICAO’s) global | eTurboNews | Trends | Travel News | Airline News
- 06/01/2020
|
'Boy racers speeding more in lockdown could kill someone'
- A campaigner calling for new measures to slow down traffic on a Bath road fears someone could be killed
- 06/01/2020
|
Opinion: 2-way bus route on 'narrow' street would be 'nightmare'
- The council hinted it wants to permanently close Milsom Street off the back of this
- 05/23/2020
|
Bath's roads and pavements being redesigned for social distancing
- Bath and North East Somerset Council has listed the streets that will be redesigned
- 05/22/2020
|
Social distancing could see West Yorks passengers stranded at bus stops
- Fears key workers would struggle to get to work due to limits on passenger numbers
- 05/18/2020
|
Phocas Financial Corp. Buys Adtalem Global Education Inc, Global Medical REIT Inc, Clearway ...
|
Globeflex Capital L P Buys Sharps Compliance Corp, HealthStream Inc, CACI International Inc, ...
|
Is Air Transport Services (ATSG) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/12/2020
|
Edited Transcript of ATSG earnings conference call or presentation 6-May-20 2:00pm GMT
- Q1 2020 Air Transport Services Group Inc Earnings Call
- 05/11/2020
|
Atlas Air Worldwide Holdings, Inc. (AAWW) CEO John Dietrich on Q1 2019 Results - Earnings Call Transcript
- Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) Q1 2020 Earnings Conference Call May 7, 2020 11:00 a.m. ET Company Representatives John Dietrich - Chief Execut
- 05/10/2020
|
Air Transport Services Group, Inc. (ATSG) CEO Joe Hete on Q1 2020 Results - Earnings Call Transcript
- Air Transport Services Group, Inc. (NASDAQ:ATSG) Q1 2020 Earnings Conference Call May 06, 2020, 10:00 ET Company Participants Joe Hete - CEO & Director Quin
- 05/10/2020
|
Were Hedge Funds Right About Air Transport Services Group (ATSG)?
- Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]
- 05/10/2020
|
UPDATE 1-No-frills tycoon Franke says low air fares no panacea for COVID-19 crisis
- Budget airline backer Bill Franke, who pioneered rock-bottom fares topped up by optional charges, says slashing prices alone will not be enough to get people flying again as carriers try to inch back to profitability after the coronavirus shutdown.
- 05/07/2020
|
ATSG Holds Annual Meeting of Stockholders
- Stockholders of Air Transport Services Group, Inc. (NASDAQ:ATSG) meeting today on a virtual-only basis have re-elected seven directors and elected one new director nominee to the Board of Directors.
- 05/07/2020
|
No-frills tycoon Franke says low air fares no panacea for COVID-19 crisis
- Budget airline backer Bill Franke, who pioneered rock-bottom fares topped up by optional charges, says slashing prices alone will not be enough to get people flying again as carriers try to inch back to profitability after the coronavirus shutdown.
- 05/07/2020
|
No-frills tycoon Franke says low air fares no panacea for COVID-19 crisis
- Budget airline backer Bill Franke, who pioneered rock-bottom fares topped up by optional charges, says slashing prices alone will not be enough to get people flying again as carriers try to inch back to profitability after the coronavirus shutdown.
- 05/07/2020
|
Cargo carriers reap rewards of coronavirus chaos
- Cargo carriers have become a hot corner of the airline industry as airlines idle planes to face the coronavirus pandemic
- 05/07/2020
|
U.S. RESEARCH ROUNDUP-Ashland Global, Lyft, Solaredge Technologies
- Wall Street securities analysts on Thursday revised their ratings and
price targets on several U.S.-listed companies, including Ashland Global Holdings, Lyft and
Solaredge Technologies.
HIGHLIGHTS
* Ashland Global Holdings Inc. : JP Morgan raises to neutral from underweight
* Lyft Inc : Piper Sandler cuts to neutral from overweight
* Natera Inc : JP Morgan raises to overweight from neutral
* Occidental Petroleum Corp : SunTrust Robinson raises to hold from sell
* Solaredge Technologies : Canaccord Genuity cuts to hold from buy
Following is a summary of research actions on U.S. companies reported by Reuters on Thursday.
Stock entries are in alphabetical order.
* A. O. Smith Corp : Stephens raises target price to $40 from $37
* Acadia Healthcare Company Inc : Citigroup cuts price target to $34 from $37
* Acadia Healthcare Company Inc : Deutsche Bank cuts target price to $28 from $32
* Activision Blizzard Inc : Keybanc raises target price to $80 from $68
* Adient Plc : Deutsche Bank raises target price to $20 from $15
* ADMA Biologics Inc : Oppenheimer cuts target price to $7 from $14
* Advanced Energy Industries Inc : Citigroup raises price target to $63 from $40
* Advanced Energy Industries Inc : Cowen and Company raises PT to $58 from $51
* Advanced Energy Industries Inc : D.A. Davidson raises target to $60 from $50
* Advanced Energy Industries Inc : Susquehanna cuts target price to $85 from $90
* Aerie Pharmaceuticals Inc : H.C. Wainwright cuts target price to $31 from $37
* Aerie Pharmaceuticals Inc : Mizuho cuts target price to $29 from $34
* Aerie Pharmaceuticals Inc : Piper Sandler cuts target price to $35 from $45
* Aerie Pharmaceuticals Inc : SunTrust Robinson cuts price target to $22 from $26
* Agco Corp : Stephens raises target price to $65 from $60
* Air Transport Services Group Inc : Cowen and Company raises PT to $26 from $25
* Albemarle Corp : UBS cuts target price to $90 from $98
* Alexion Pharmaceuticals Inc : BMO cuts target price to $142 from $147
* Alexion Pharmaceuticals Inc : Credit Suisse cuts target price to $142 from $147
* Alexion Pharmaceuticals Inc : Jefferies cuts price target to $111 from $112
* Alexion Pharmaceuticals Inc : Raymond James cuts target price to $156 from $159
* Alexion Pharmaceuticals Inc : SunTrust Robinson cuts target to $135 from $141
* Alexion Pharmaceuticals Inc : SVB Leerink cuts target price to $150 from $156
* Allegiant Travel Co : Cowen and Company cuts price target to $74 from $100
* Allete Inc : Guggenheim cuts price target to $65 from $70
* Allogene Therapeutics Inc : Jefferies raises target price to $37 from $36
* Allstate Corp : Piper Sandler raises target price to $112 from $108
* Alnylam Pharmaceuticals Inc : Guggenheim raises price target to $166 from $155
* Alnylam Pharmaceuticals Inc : BMO raises target price to $171 from $145
* Alnylam Pharmaceuticals Inc : Jefferies raises price target to $165 from $142
* Alnylam Pharmaceuticals Inc : JP Morgan cuts to neutral from overweight
* Alnylam Pharmaceuticals Inc : JP Morgan raises target price to $137 from $133
* Alnylam Pharmaceuticals Inc : Needham raises target price to $160 from $135
* Alnylam Pharmaceuticals Inc : Oppenheimer raises target price to $162 from $140
* Alnylam Pharmaceuticals Inc : Piper Sandler raises target to $169 from $142
* Alteryx Inc : Citigroup cuts price target to $147 from $160
* Alteryx Inc : Cowen and Company cuts target price to $135 from $145
* Alteryx Inc : Needham cuts target price to $140 from $152
* Alteryx Inc : Wedbush cuts price target to $138 from $146
* Amedisys Inc : Benchmark cuts to hold rating
* Ameriprise Financial Inc : Evercore ISI raises target price to $139 from $136
* Ametek Inc : Berenberg raises target price to $93 from $86
* Ametek Inc : Stephens cuts target price to $92 from $94
* Anaptysbio Inc : Credit Suisse raises target price to $16 from $14
* Apache Corp : Credit Suisse raises target price to $10 from $4
* Aptiv Plc : Deutsche Bank raises target price to $75 from $59
* Arcus Biosciences Inc : Wedbush raises target price to $40 from $26
* Ares Capital Corp : BMO cuts target price by $5 to $16
* Ares Capital Corp : Citigroup raises price target to $15 from $13
* Ares Management Corp : BMO raises target price to $40 from $30
* Ares Management Corp : Credit Suisse raises target price to $40 from $38
* Ares Management Corp : Jefferies raises target price to $42 from $39
* Ares Management Corp : KBW raises target price to $45 from $44
* ASGN Inc : Jefferies raises target price to $54 from $31
* Ashland Global Holdings Inc : Deutsche Bank raises target price to $70 from $65
* Ashland Global Holdings Inc. : JP Morgan cuts target price to $62 from $68
* Ashland Global Holdings Inc. : JP Morgan raises to neutral from underweight
* Ashland Global Holdings Inc. : SunTrust Robinson cuts price target to $75 from $87
* Aspen Technology Inc : Benchmark cuts target price to $130
* Aspen Technology Inc : Keybanc raises target price to $120 from $110
* Assetmark Financial Holdings Inc : BMO cuts target price to $23 from $26
* Assurant Inc : SunTrust Robinson cuts price target to $145 from $155
* Astronics Corp : Canaccord Genuity cuts target price to $10 from $14
* Astronics Corp : SunTrust Robinson cuts price target to $6 from $7
* Atkore International Group Inc : Citigroup raises price target to $26 from $24
* Atlas Corp (British Columbia) : Citigroup cuts price target to $7 from $12
* Avanos Medical Inc : Berenberg raises target price to $33 from $30
* Avanos Medical Inc : Stephens raises target price to $38 from $30
* Axalta Coating Systems Ltd : Citigroup raises price target to $21 from $18
* Axalta Coating Systems Ltd : Credit Suisse cuts target price to $27 from $29
* Axalta Coating Systems Ltd : Jefferies raises target price to $18 from $15
* Axalta Coating Systems Ltd : Keybanc raises target price to $24 from $23
* Axcelis Technologies Inc : D.A. Davidson raises price target to $25 from $20
* Axcella Health Inc : BTIG raises target price to $12 from $10
* Axogen Inc : Canaccord Genuity cuts target price to $12 from $22
* Axogen Inc : Jefferies cuts target price to $21 from $30
* Bank of N.T. Butterfield & Son Ltd : Citigroup raises target to $21 from $15
* Barrett Business Services Inc : Barrington Research raises PT to $52 from $48
* Barrick Gold Corp : Deutsche Bank raises target price to $34 from $25
* Benefitfocus Inc : Piper Sandler cuts target price to $26 from $35
* Bio Rad Laboratories Inc : Citigroup raises price target to $525 from $480
* Bio Rad Laboratories Inc : Jefferies raises target price to $525 from $500
* Biocryst Pharmaceuticals Inc : Jefferies raises price target to $9 from $8
* Biocryst Pharmaceuticals Inc : Piper Sandler raises target price to $10 from $8
* Biotelemetry Inc : Benchmark cuts target price to $52 from $55
* Black Knight Inc : KBW raises target price to $70 from $68
* Black Knight Inc : Stephens raises target price to $88 from $84
* Black Knight Inc : Wedbush raises target price to $70 from $66
* Black Stone Minerals LP : Simmons Energy raises target price to $8 from $5
* Blackbaud Inc : Evercore ISI cuts target price to $48 from $55
* Blucora Inc : Benchmark cuts price target to $25 from $37
* BMC stock Holdings Inc : Stephens raises target price to $25 from $22
* BMC stock Holdings Inc : SunTrust Robinson raises price target to $26 from $22
* BorgWarner Inc : Jefferies raises target price to $33 from $30
* BorgWarner Inc : JP Morgan raises price target to $35 from $32
* BorgWarner Inc : Oppenheimer cuts target price to $44 from $45
* BorgWarner Inc : RBC raises target price to $31 from $29
* Boston Private Financial Holdings Inc : Piper Sandler raises PT to $7 from $6.
- 05/07/2020
|
Air Transport Services Group Inc (ATSG) Q1 2020 Earnings Call Transcript
- ATSG earnings call for the period ending March 31, 2020.
- 05/07/2020
|
66 Biggest Movers From Yesterday
|
Edited Transcript of ATSG earnings conference call or presentation 6-May-20 2:00pm GMT
- Q1 2020 Air Transport Services Group Inc Earnings Call
- 05/07/2020
|
No-frills tycoon Franke says low air fares no panacea for COVID-19 crisis
- No-frills tycoon Franke says low air fares no panacea for COVID-19 crisis
- 05/07/2020
|
58 Stocks Moving In Wednesday's Mid-Day Session
|
Amid COVID Outbreak, Freighter Demand Boosts ATSG In Q1
- It's much better to be a cargo than a passenger airline these days. The former has seen demand shoot through the roof; the latter's business has fallen off a cliff.Air Transport Services Group, Inc. (NASDAQ: ATSG) delivered first-quarter operating profit of $133.7 million, or $2.27 per share, versus $22.6 million in the year-ago period on the strength of combined revenue growth of 12% for its aircraft leasing and air transport segments. That's a good three months compared to passenger carriers that were hundreds of millions of dollars in the red as the coronavirus destroyed travel demand.Consolidated diluted earnings of 84 cents per share beat consensus estimates by 54 cents, and revenue came in 11.8% higher than expected at $389 million. The results follow record revenues and strong earnings growth in 2019.ATSG, Wilmington, Ohio, is not providing full-year guidance but did say it expects adjusted earnings before interest, taxes, depreciation and amortization to exceed the 2019 total of $452 million. That's more detail about future performance than most companies are giving these days because of coronavirus uncertainties.The air services provider said it expects to receive $67 million from the federal aid package for the airline industry designed to prevent involuntary furloughs through September.View more earnings on ATSGThe company continues to be busy, from its cargo subsidiaries deploying more aircraft to meet growing e-commerce demand at customers such as Amazon.com, Inc. (Nasdaq: AMZN) and DHL, to its maintenance and engineering group completing avionics work on short notice for the New England Patriots' Boeing 767 so it could fly to China to pick up about 1 million N95 face masks for hospitals in Boston and New York."Despite the pandemic, we remain cautiously optimistic about the rest of 2020, as we deploy more 767 converted freighters for customers responding to expanded e-commerce shopping, and operate passenger aircraft to support the U.S. military's evolving requirements," CEO Joe Hete said in his final earnings statement before retiring on Thursday.Cargo Aircraft Management (CAM), the leasing company, benefited from seven newly converted 767 freighters deployed in the past year, including one being flown by UPS since January. CAM has 62 of its in-service cargo aircraft leased to customers — three more than a year ago — and 35 of those are operated by sister companies ABX Air or Air Transport International. CAM has 15 aircraft being converted to cargo configuration or ready for lease, and more than half are already committed to customers, with the rest likely to be rented this year or next, ATSG said.First-quarter revenue for its contract air transport subsidiaries increased 10%, mainly from growth in passenger charter Omni Air and Air Transport International. The three airlines operate 69 aircraft, 15 of them passenger variants. The company said it is holding on to two 757-200 freighters for the rest of the year even though DHL's contract for them expired Friday.Air Transport International is training crews now to begin flying four additional 767-300 aircraft leased by Amazon from CAM.See more from Benzinga * Stifel Sees Decent Volumes Near Term, 2Q In Jeopardy(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 05/06/2020
|
5 charts show which travel sectors were worst hit by the coronavirus
- From spring breaks to summer holidays, the coronavirus pandemic has disrupted travel plans globally as lockdown measures keep much of the world's population at home.
- 05/06/2020
|
Amid COVID Outbreak, Freighter Demand Boosts ATSG In Q1
- It's much better to be a cargo than a passenger airline these days. The former has seen demand shoot through the roof; the latter's business has fallen off a cliff.
Air Transport...
- 05/06/2020
|
Air Transport Services (ATSG) Q1 Earnings and Revenues Beat Estimates
- Air Transport Services (ATSG) delivered earnings and revenue surprises of 16.22% and 4.73%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 05/05/2020
|
ATSG Reports Strong First Quarter 2020 Results
- Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation and related services, today reported consolidated financial results for the quarter ended March 31, 2020.
- 05/05/2020
|
You’ve Got Mail...Finally: The Pandemic Is Jamming Up the World’s Post
- With fewer passenger planes in the air, airfreight costs have risen sharply, in some cases tripling, forcing businesses and individuals to think twice about how fast they need their packages to get there.
- 05/05/2020
|
Virgin Atlantic cuts more than 3,000 jobs to mitigate 'devastating' coronavirus impact
- Virgin Atlantic announced it will cut 3,150 jobs, becoming the airline to announce a reduction in headcount because of the coronavirus crisis.
- 05/05/2020
|
Air Transport Services Gr Q1 Adj. EPS $0.430 Beats $0.320 Estimate, Sales $389.277M Beat $368.390M Estimate
|
U S Global Investors Inc Buys Southwest Airlines Co, American Airlines Group Inc, Delta Air ...
|
‘It’s our only industry’: pandemic restrictions threaten Maine’s tourist season
- Out-of-state visitors spent a total of $6.5bn in 2019. With festivals and fairs cancelled, the beachy state is bracing for an economic hit
- 05/03/2020
|
Air Transport Services initiated with a Buy at SunTrust ATSG
- Air Transport Services initiated with a Buy at SunTrust SunTrust ATSG
- 05/01/2020
|
Air Transport Services initiated with a Buy at SunTrust ATSG
- Air Transport Services initiated with a Buy at SunTrust SunTrust ATSG
- 05/01/2020
|
SunTrust Robinson Humphrey Initiates Coverage On Air Transport Services Gr with Buy Rating, Announces Price Target to $27
|
Shareholders Should Look Hard At Air Transport Services Group, Inc.’s (NASDAQ:ATSG) 6.6%Return On Capital
- Today we are going to look at Air Transport Services Group, Inc. (NASDAQ:ATSG) to see whether it might be an...
- 04/30/2020
|
Stocks Showing Improved Relative Strength: Air Transport Services
|
Council says it will reintroduce parking charges - but NHS staff are exempt
- The council paused parking charges on March 25 due to the coronavirus crisis
- 04/29/2020
|
Air Transport Services (ATSG) Reports Next Week: Wall Street Expects Earnings Growth
- Air Transport Services (ATSG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/28/2020
|
Air Transport Services (ATSG) Reports Next Week: Wall Street Expects Earnings Growth
- Air Transport Services (ATSG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/28/2020
|
Air Transport Services (ATSG) Reports Next Week: Wall Street Expects Earnings Growth
|
ATSG to Host First Quarter 2020 Investor Conference Call
- Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Wednesday, May 6, 2020, at 10 a.m. Eastern Time to review its financial results for the first quarter ended March 31, 2020.
- 04/27/2020
|
Stocks Jump Over 1% on Dow’s Third Day in the Green
- Stocks Jump Over 1% on Dow’s Third Day in the Green
- 04/27/2020
|
Stocks Jump Over 1% on Dow’s Third Day in the Green
- Stocks Analysis by Zacks Investment Research covering: Dow Jones Industrial Average, Boeing Co, Chevron Corp, Caterpillar Inc. Read Zacks Investment Research's latest article on Investing.com
- 04/27/2020
|
Air Transport Services Group (NASDAQ:ATSG) Upgraded at BidaskClub
- Air Transport Services Group (NASDAQ:ATSG) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday, BidAskClub reports. Several other brokerages have also weighed in on ATSG. Benchmark started coverage on shares of Air Transport Services Group in a […]
- 04/25/2020
|
Analysts Are Bullish on These Services Stocks: Old Dominion Freight (ODFL), Union Pacific (UNP)
- There's a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Old Dominion Freight (ODFL) and Union Pacific (UNP) with
- 04/24/2020
|
Is Air Transport Services (ATSG) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/24/2020
|
Is Air Transport Services (ATSG) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/24/2020
|
How to Time the Markets Like an Investing Pro - April 23, 2020
- Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- 04/23/2020
|
How to Time the Markets Like an Investing Pro - April 23, 2020
- Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- 04/23/2020
|
Is Air Transport Services Group, Inc.’s (NASDAQ:ATSG) CEO Overpaid Relative To Its Peers?
- Joe Hete has been the CEO of Air Transport Services Group, Inc. (NASDAQ:ATSG) since 2007. This report will, first...
- 04/22/2020
|
Arden Trust Co Buys New Stake in Air Transport Services Group Inc. (NASDAQ:ATSG)
- Arden Trust Co bought a new stake in Air Transport Services Group Inc. (NASDAQ:ATSG) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,864 shares of the transportation company’s stock, valued at approximately $52,000. Other hedge funds and other […]
- 04/21/2020
|
Demand For Air Cargo Capacity Is Urgent And Huge — Who Will Step In To Fill It?
- In the absence of regularly scheduled passenger flights, both passenger carriers and cargo carriers have sought to step up cargo service.
- 04/18/2020
|
Alliancebernstein L.P. Sells 486,019 Shares of Air Transport Services Group Inc. (NASDAQ:ATSG)
- Alliancebernstein L.P. trimmed its position in Air Transport Services Group Inc. (NASDAQ:ATSG) by 87.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 68,200 shares of the transportation company’s stock after selling 486,019 shares during the period. Alliancebernstein L.P.’s holdings in Air Transport Services Group were worth […]
- 04/17/2020
|
Air Transport Services Group Inc. (NASDAQ:ATSG) Short Interest Up 18.4% in March
- Air Transport Services Group Inc. (NASDAQ:ATSG) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 2,850,000 shares, an increase of 18.4% from the March 15th total of 2,407,800 shares. Based on an average daily trading volume, of 590,800 shares, the days-to-cover ratio is […]
- 04/17/2020
|
Stocks With Rising Relative Strength: United Parcel Service
- A Relative Strength Rating upgrade for United Parcel Service shows improving technical performance. Will it continue?
- 04/17/2020
|
Geode Capital Management LLC Buys 15,571 Shares of Air Transport Services Group Inc. (NASDAQ:ATSG)
- Geode Capital Management LLC boosted its stake in shares of Air Transport Services Group Inc. (NASDAQ:ATSG) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 811,546 shares of the transportation company’s stock after purchasing an additional 15,571 […]
- 04/16/2020
|
BidaskClub Lowers Air Transport Services Group (NASDAQ:ATSG) to Sell
- Air Transport Services Group (NASDAQ:ATSG) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday, BidAskClub reports. Other research analysts have also issued reports about the stock. ValuEngine upgraded shares of Air Transport Services Group from a “sell” rating to a […]
- 04/16/2020
|
Cubist Systematic Strategies LLC Invests $553,000 in Air Transport Services Group Inc. (NASDAQ:ATSG)
- Cubist Systematic Strategies LLC bought a new stake in shares of Air Transport Services Group Inc. (NASDAQ:ATSG) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 23,583 shares of the transportation company’s stock, valued at approximately $553,000. Other large investors have also made […]
- 04/10/2020
|
Read This Before Selling Air Transport Services Group, Inc. (NASDAQ:ATSG) Shares
- We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
- 04/09/2020
|
Airlines - Assessing Financial Stability And Investability
- Airlines are in shambles with revenues expected to be down by 80% in Q2. In this article, I take a look at the group to see if there are opportunities. One airl
- 04/07/2020
|
Does Air Transport Services Group's (NASDAQ:ATSG) Share Price Gain of 86% Match Its Business Performance?
- While Air Transport Services Group, Inc. (NASDAQ:ATSG) shareholders are probably generally happy, the stock hasn't had...
- 04/07/2020
|
Amalgamated Bank Buys 571 Shares of Air Transport Services Group Inc. (NASDAQ:ATSG)
- Amalgamated Bank lifted its stake in shares of Air Transport Services Group Inc. (NASDAQ:ATSG) by 5.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,000 shares of the transportation company’s stock after purchasing an additional 571 shares during the period. […]
- 04/01/2020
|
ATSG Wins U.S. Postal Service Contract For New Sort Center
- ATSG said today its subsidiary, LGSTX Services, has been awarded a contract with the U.S. Postal Service to operate a sort facility in Aurora, IL.
- 03/31/2020
|
Air Transport Services awarded USPS contract in Aurora, IL ATSG
- Air Transport Services awarded USPS contract in Aurora, IL ATSG
- 03/31/2020
|
Air Transport Services Group Inc. (NASDAQ:ATSG) Sees Significant Growth in Short Interest
- Air Transport Services Group Inc. (NASDAQ:ATSG) saw a large increase in short interest in March. As of March 13th, there was short interest totalling 2,407,800 shares, an increase of 26.1% from the February 27th total of 1,910,000 shares. Based on an average trading volume of 891,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, […]
- 03/31/2020
|
Air Transport Services Group Wins U.S. Postal Service Contract For New Sort Center
|
Gaming and Leisure Properties trading resumes GLPI
- Gaming and Leisure Properties trading resumes GLPI
- 03/30/2020
|
Sinclair Broadcast trading resumes SBGI
- Sinclair Broadcast trading resumes SBGI
- 03/30/2020
|
NASDAQ market internals summary $NSD
- NASDAQ market internals summary $NSD
- 03/30/2020
|
MGM Growth Properties participates in a conference call with JPMorgan MGP
- MGM Growth Properties participates in a conference call with JPMorgan MGP
- 03/30/2020
|
Raytheon, Missile Defense Agency sign $2B Standard Missile-3 contract RTN
- Raytheon, Missile Defense Agency sign $2B Standard Missile-3 contract RTN
- 03/30/2020
|
Cheesecake Factory put volume heavy and directionally bearish CAKE
- Cheesecake Factory put volume heavy and directionally bearish CAKE
- 03/30/2020
|
NYSE market internals summary $NYE
- NYSE market internals summary $NYE
- 03/30/2020
|
Microsoft sees 775% usage jump in cloud services regions with 'shelter in place' MSFT
- Microsoft sees 775% usage jump in cloud services regions with 'shelter in place' MSFT
- 03/30/2020
|
U.S. pending home sales rose 2.4% to 111.5 in February
- U.S. pending home sales rose 2.4% to 111.5 in February
- 03/30/2020
|
Fly Intel: Top five analyst downgrades MMM;HLT;MAR;DBI;BWA;MDT
- Fly Intel: Top five analyst downgrades MMM HLT MAR DBI BWA MDT
- 03/30/2020
|
Fly Intel: Top five analyst initiations BSGM;LLNW;ATSG;CNCE;GFL
- Fly Intel: Top five analyst initiations BSGM LLNW ATSG CNCE GFL
- 03/30/2020
|
Benitec Biopharma abbiybces Supreme Court of Queensland approval for redomicile BNTC
- Benitec Biopharma abbiybces Supreme Court of Queensland approval for redomicile BNTC
- 03/30/2020
|
Fly Intel: Top five analyst upgrades GOOGL;GOOG;AMGN;PG;MDLZ;NKE
- Fly Intel: Top five analyst upgrades GOOGL GOOG AMGN PG MDLZ NKE
- 03/30/2020
|
The Brookings Institution to hold a discussion on COVID-19 and the Economy
- The Brookings Institution to hold a discussion on COVID-19 and the Economy
- 03/30/2020
|
Facebook strikes deal to buy AR displays made by Plessey, The Information says AAPL;FB
- Facebook strikes deal to buy AR displays made by Plessey, The Information says AAPL FB
- 03/30/2020
|
Louisiana Governor to hold news conference
- Louisiana Governor to hold news conference
- 03/30/2020
|
Gilead call volume above normal and directionally bullish GILD
- Gilead call volume above normal and directionally bullish GILD
- 03/30/2020
|
Western Asset Mortgage downgraded to Neutral from Buy at BofA WMC
- Western Asset Mortgage downgraded to Neutral from Buy at BofA BofA WMC
- 03/30/2020
|
COVID-19 impact puts even more focus on Moderna's vaccines, says Roth Capital MRNA
- COVID-19 impact puts even more focus on Moderna's vaccines, says Roth Capital Roth Capital MRNA
- 03/30/2020
|
Carvana says receives voluntary request from SEC requesting information CVNA
- Carvana says receives voluntary request from SEC requesting information CVNA
- 03/30/2020
|
Pending Home Sales Index data reported
- Pending Home Sales Index data reported
- 03/30/2020
|
Medtronic reports Onyx ONE Clear Study met primary endpoint MDT
- Medtronic reports Onyx ONE Clear Study met primary endpoint MDT
- 03/30/2020
|
Carvana offering provides additional liquidity safety net, says Baird CVNA
- Carvana offering provides additional liquidity safety net, says Baird Baird CVNA
- 03/30/2020
|
Granite Point Mortgage falls -22.6% GPMT
- Granite Point Mortgage falls -22.6% GPMT
- 03/30/2020
|
Redwood Trust falls -25.3% RWT
- Redwood Trust falls -25.3% RWT
- 03/30/2020
|
Invesco Mortgage falls -28.7% IVR
- Invesco Mortgage falls -28.7% IVR
- 03/30/2020
|
Nordic American Tankers rises 16.7% NAT
- Nordic American Tankers rises 16.7% NAT
- 03/30/2020
|
Owens & Minor rises 40.0% OMI
- Owens & Minor rises 40.0% OMI
- 03/30/2020
|
Itau Corpbanca rises 23.6% ITCB
- Itau Corpbanca rises 23.6% ITCB
- 03/30/2020
|
Bellerophon announces $15.3M registered direct offering priced at-the-market BLPH
- Bellerophon announces $15.3M registered direct offering priced at-the-market BLPH
- 03/30/2020
|
Penn National put volume heavy and directionally bearish PENN
- Penn National put volume heavy and directionally bearish PENN
- 03/30/2020
|
Argus research director to hold an analyst/industry conference call
- Argus research director to hold an analyst/industry conference call
- 03/30/2020
|
Park Hotels & Resorts trading resumes PK
- Park Hotels & Resorts trading resumes PK
- 03/30/2020
|
Early notable gainers among liquid option names on March 30th CAH;MCK;ABT;SRCL;JNJ
- Early notable gainers among liquid option names on March 30th CAH MCK ABT SRCL JNJ
- 03/30/2020
|
Park Hotels & Resorts trading halted, volatility trading pause PK
- Park Hotels & Resorts trading halted, volatility trading pause PK
- 03/30/2020
|
FX Action: The dollar
- FX Action: The dollar
- 03/30/2020
|
Methanex downgraded to Market Perform from Outperform at Raymond James MEOH
- Methanex downgraded to Market Perform from Outperform at Raymond James Raymond James MEOH
- 03/30/2020
|
Air Transport Services initiated with a Hold at Loop Capital ATSG;UPS
- Air Transport Services initiated with a Hold at Loop Capital Loop Capital ATSG UPS
- 03/30/2020
|
Air Transport Services Group Inc. (NASDAQ:ATSG) Shares Sold by Envestnet Asset Management Inc.
- Envestnet Asset Management Inc. reduced its holdings in shares of Air Transport Services Group Inc. (NASDAQ:ATSG) by 38.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 19,101 shares of the transportation company’s stock after selling 12,074 shares during the period. Envestnet Asset Management Inc.’s holdings in Air Transport Services Group were worth $448,000 […]
- 03/29/2020
|
