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.

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In