Air Transport Services Group

Air Transport Services Group has hired a new president for its cargo aircraft leasing arm.

Lessor Air Transport Services Group has pulled the plug on its joint venture for passenger-to-freighter conversions because no airlines are adding modern narrowbody freighters under current market conditions.

Air Transport Services Group said fewer aircraft in revenue service plus higher expenses led to a reduction in core operating profit during the third quarter, but the current quarter is expected to be better.

The growth of cross-border e-commerce shipping influenced investment house Stonepeak’s decision to acquire Air Transport Services Group.

Amazon has deepened its relationship with Air Transport Services Group, agreeing to lease at least 10 widebody freighters for five years in exchange for rights to increase its ownership stake.

My Freighter, a fledgling carrier based in Uzbekistan, began leasing a third widebody freighter from Ohio-based Air Transport Services Group.

Air Transport Services Group is taking a more conservative approach to fleet expansion until the air cargo market picks up and customers start leasing additional freighters.

Cargo pilots at Air Transport International are frustrated by the pace of negotiations for a labor deal and ready to go on strike.

Air Transport Services Group is slowing investment in converted freighters as a weak shipping market leads cargo airlines to pause fleet expansion.

U.S. freighter lessor ATSG makes its first sale in Bangladesh.

Air Transport Services Group has not been forced by primary customers Amazon and DHL to significantly trim flight activity, as originally expected.

The current valley in airfreight demand hasn’t spooked Air Transport Services Group, which continues to invest in freighter aircraft for its leasing and airline businesses.

Amazon air cargo partner ATSG has its eye on long-term growth, but investors with a shorter horizon are wary of big expenditures for cargo jets as shipping demand wanes.

Amerijet and Air Transport Service Group have hit milestones: Amerijet for growing its fleet to 25 aircraft and ATSG for leasing its first used freighter that was reconfigured for cargo by Boeing.

Air Transport Services Group says its leasing business is insulating it from a market downturn that is impacting its cargo airlines.

Air Transport Services Group will see its Amazon business dip this year as the retailer decreases freighter utilization to match slower retail sales.

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.