Tag: Air Transport Services Group (ATSG)

ATSG appoints Greg Mays as President and Chief Executive Officer

Air Transport Services Group, Inc. (ATSG) today announced the appointment of Greg Mays as President and Chief Executive Officer, effective January 1, 2026. Mr. Mays succeeds Mike Berger, who is retiring. Mr. Berger will remain with ATSG in an advisory capacity for part of 2026 to ensure a smooth tra...

ATSG awards six scholarships to business and STEM students

ATSG awards six scholarships to business and STEM students

Air Transport Services Group (ATSG) has announced the recipients of this year's Hete Family Scholarship, administered by the Clinton County Foundation. The scholarship is available to ATSG employees and their children up to 22 years of age who are working toward a technical or undergraduate degre...

ATSG reports Q4 2024 results

ATSG reports Q4 2024 results

Air Transport Services Group (ATSG) has reported consolidated financial results for the fourth quarter (Q4) and full year ended 31 December 2024. Those results, as compared with the same period in 2023, were as follows: Q4 2024 results Revenues of $517 million, consistent with $517 millio...

ATSG stockholders approve proposed merger with Stonepeak

Air Transport Services Group, Inc. today announced that its stockholders voted to approve the proposed merger with Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, at a special meeting of the Company’s stockholders. The final voting results for th...

ATSG raises $364,000 with charity golf outings

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

ATSG delivers Boeing 767-300 freighter to CAMEX airlines

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

ATSG reports Q2 revenue losses citing fewer block hours

ATSG reports Q2 revenue losses citing fewer block hours

Freighter aircraft lessor Air Transport Services Group (ATSG) has reported consolidated financial results for the second quarter of 2024. The company saw year-on-year Q2 revenue losses of US$41mn after generating $488mn compared to $529mn in the second quarter of 2023. Meanwhile, ATSG reported...

My Freighter leases third 767 from ATSG

Air Transport Services Group, Inc. 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 qu...

ATSG orders more Boeing freighter conversions

Air Transport Services Group, Inc., the world’s largest owner and operator of converted Boeing 767 aircraft, announced today that its leasing subsidiary Cargo Aircraft Management has placed a second order with Boeing for the conversion of four CAM-owned 767-300 aircraft into Boeing Converted Freig...

ATSG subsidiary cargo aircraft management inducts its first A321 to freighter conversion

Air Transport Services Group, Inc. announced today that its leasing subsidiary Cargo Aircraft Management has begun its first Airbus A321 aircraft for passenger-to-freighter conversion. PEMCO Conversions, a division of wholly owned ATSG subsidiary Pemco World Air Services, Inc., inducted the aircr...

ATSG extends and expands aircraft agreements with DHL

Air Transport Services Group, Inc. today announced that it has executed agreements with DHL Network Operations (USA), Inc. under which ATSG’s Cargo Aircraft Management and ABX Air subsidiaries will continue to lease aircraft to DHL and operate those aircraft within DHL’s global network. The ...

ATSG to support the United States in Afghanistan

Air Transport Services Group, Inc. subsidiary Omni Air International (Omni) has been activated under Stage I of the Civil Reserve Air Fleet (CRAF) program to support the U.S. military’s efforts in Afghanistan. Omni is prepared to provide three Boeing 777-200 passenger aircraft to further as...

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