Air Transport Services Group (ATSG) has reported customer revenues up to $280.8 million in the fourth quarter of 2018 compared to $221.2 million in the year-ago period. Adjusted earnings were $24.1 million in 4Q 2018 compared to $19.6 million in 4Q 2017. ATSG reports 2018 capital spending at $292.9 million, comparable to 2017, as ten cargo aircraft (nine Boeing 767s, one Boeing 737) were deployed in each year. Capital expenditures in 2018 included $197 million for the acquisition of eight Boeing 767 aircraft and freighter modification costs, versus $209.4 million for eight Boeing 767s and two Boeing 737s plus modification
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