Air Transport International will operate a big cargo plane for an express carrier in the Pacific region on a route in and out of Hong Kong.
June is supposed to be the heavy travel season, but instead of operating full planes, airlines are busy trying to save their financial lives.
ir Transport Services Group is making money from its aircraft leasing and outsourced transportation businesses as express carriers and other customers seek more aircraft to support supply chains.
Stifel Financial sees an OK first quarter, but the picture gets less clear after that, with risks to second-quarter earnings estimates.
Profits grew in the fourth quarter and full-year 2019 at ATSG as its leasing and airline subsidiaries both performed well.
Amazon hires passenger carrier to operate freighters.
Air Transport Services Group (NASDAQ: ATSG) reported a 219% increase in third-quarter operating profit of $105 million. The outsourced provider of air cargo services for Amazon.com’s Prime network and other customers generated $366 million in revenue, up 79% from the same period in 2018. The gains mostly came from one-time occurrences: earnings from operations benefited […]
Operating performance bolstered by contracts with Amazon and U.S. government, said company CEO.
Market expert Cathy Roberson looks at the airlines’ and air cargo carriers’ need for pilots today and for the forthcoming future. Many factors are contributing to this ongoing need; ecommerce is a major factor.
Freighter aircraft deployments and additional business handled for the U.S. Department of Defense helped raise first quarter earnings and revenue by double-digits for cargo aircraft leasing company Air Transport Services Group (NASDAQ: ATSG). Wilmington, Ohio-based ATSG reported earnings from continuing operations of $26 million in the first quarter of 2019, up 26 percent over the […]
