ATSG keeps growing freighter fleet with e-commerce profits
Air Transport Services Group rode the e-commerce wave to another profitable quarter.
Air Transport Services Group rode the e-commerce wave to another profitable quarter.
Air Transport Services Group seems to have immunized itself from air cargo volatility by leasing aircraft to e-commerce shippers and U.S. government personnel.
When planes age they become less pleasant for passengers and cost more to operate. That’s when companies like Air Transport Services Group buy them for cargo.
DHL is renewing every aircraft lease it can because air cargo demand is robust.
United opposition from four major U.S. cargo airlines has made Saudia reconsider its request for an exemption to fly freighters outside the normal regime governing air services.
SONAR launches TRAC, approaching some policy-bending issues and airfreight earnings.
ATSG is hitting on all cylinders with its aircraft leasing and cargo airline units, as third quarter results demonstrate.
Amazon Air’s top airfreight supplier is diversifying its vendor base for reconstructing passenger planes into cargo jets.
A U.S. aviation services company called ATSG has lots of Boeing 767s in its freighter fleet. Now it wants to convert large Airbus passenger planes and lease them out.
Air Transport Services Group is like a Swiss Army knife. It flies cargo and passenger planes for other airlines, leases aircraft, does aircraft maintenance and freighter conversions, and provides ground handling. It’s all clicking for the bottom line.