ATSG

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

A major provider of outsourced air cargo airlift for Amazon has reached a preliminary labor agreement with unionized pilots.

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 had lackluster results in 2024 but hopes that leasing Airbus A330 freighters for the first time this year will improve the bottom line.

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 logistics partner Air Transport Services Group expects better revenue and profits the rest of this year after a difficult second quarter.

My Freighter is growing its fleet so it can be your freighter in the Asia-Europe region.

ATSG has shuffled CEOs for the third time in seven months and named a new president.

ABX Air’s pilots union is out of Amazon’s doghouse, resulting in an improved labor agreement and a contract to fly 10 freighters.

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.

The pilots union at ABX Air, a large contract carrier for DHL, is taking a novel approach toward labor relations by promoting the company at industry trade shows.

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.

Pilots at Air Transport International say the parent company wants to prolong contract talks for another two years so it can synchronize a labor deal with a new Amazon transportation services agreement. Meanwhile, the company is having a difficult time retaining experienced pilots.

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.

Air Transport Services Group’s underperformance cost CEO Rich Corrado his job on Monday.

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

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.