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Air Transport Services Group Q1 2023 Earnings Report

Air Transport Services Group logo
$21.87 -0.03 (-0.14%)
(As of 05:44 PM ET)

Air Transport Services Group EPS Results

Actual EPS
$0.36
Consensus EPS
$0.47
Beat/Miss
Missed by -$0.11
One Year Ago EPS
$0.56

Air Transport Services Group Revenue Results

Actual Revenue
$501.10 million
Expected Revenue
$510.80 million
Beat/Miss
Missed by -$9.70 million
YoY Revenue Growth
+3.10%

Air Transport Services Group Announcement Details

Quarter
Q1 2023
Time
After Market Closes

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Air Transport Services Group Earnings Headlines

ATSG Announces Expiration of "Go-Shop" Period
ATSG Announces Expiration of “Go-Shop” Period
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Air Transport Services Group, Inc (ATSG)
ATSG Raises $364,000 with Charity Golf Outings
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About Air Transport Services Group

Air Transport Services Group (NASDAQ:ATSG), together with its subsidiaries, provides aircraft leasing, and air cargo transportation and related services in the United States and internationally. It operates in two segments, Cargo Aircraft Management Inc. (CAM) and ACMI Services. The company offers aircraft, flight crews, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance. It also provides equipment maintenance services; cargo load transfer and package sorting services; crew training services; and airline express operation, line and heavy maintenance, and ground handling services. The company's ground support services include labor and management for cargo load transfer and sorting; design, installation, and maintenance of material handling equipment; leasing and maintenance of ground support equipment; general facilities maintenance; and resells aviation fuel at the air park in Wilmington, Ohio. Further, the company operates cargo and passenger transportation business; resells and brokers aircraft parts; and performs passenger-to-freighter and passenger-to-combi conversions of aircraft. It provides its services to delivery companies, freight forwarders, airlines, air transportation, e-commerce, package delivery, and logistics industries, as well as government customers. As of December 31, 2023, the company's in-service aircraft fleet consisted of 107 owned Boeing aircraft, three Airbus aircraft, and 20 leased aircraft. The company was formerly known as ABX Holdings, Inc. and changed its name to Air Transport Services Group, Inc. Air Transport Services Group, Inc. was founded in 1980 and is headquartered in Wilmington, Ohio.

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