Air Transport Services Group, the provider of medium wide-body aircraft leasing, air cargo transportation and related services, has reported first quarter revenues up by 34 percent to $237.9 million. Excluding revenues from reimbursable airline expenses, revenues increased 23 percent. Revenues from ATSG’s airline, maintenance, and logistics businesses increased significantly. Earnings from Continuing Operations were $9.8 million, or $0.13 per share diluted, compared with $8.2 million, or $0.13 per diluted share a year earlier. These GAAP results include both dollar and share-related effects of warrants issued in March 2016 to Amazon Fulfillment Services, Inc. in connection with operating and lease agreements.

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