ATSG reports Q2 2019 financial results

Air Transport Services Group (ATSG) has reported that its customer revenues stood at $334.6 million in its Q2 2019 financial results, up 64% from $131 million experienced in the same period last year. The increase is said to come from Omni Air International, which ATSG acquired in November 2018, as the largest contributor to the year-over-year revenue gain. ATSG’s second-quarter 2019 after-tax earnings stood at $33.6 million an increase from its second-quarter 2018 after-tax earnings, which stood at $11.1 million. Thegroup’s first-half capital spending was $216.8 million, up 44%. Capital expenditures in the first half of 2019 included $159 million for