ATSG deploys more 767s as demand grows
Third quarter profits at Air Transport Services Group (ATSG) shot up to $105.3 million helped by increasing business from Amazon. Revenue in the third quarter was up from $204.9 million in 2018 to $366 million, and from $611.5 million in the first nine months of 2018 to $1 billion in 2019. Net earnings for the […]
Richard Corrado elected president of ATSG
The board of directors at Air Transport Services Group has elected Richard Corrado as president, effective from 16 September. As president, Corrado, who has been chief operating officer since September 2017, will be responsible for goal-setting and oversight of all ATSG business. The board has elected Edward Koharik to succeed Corrado as chief operating officer, […]
Omni Air and Amazon help revenue grow for ATSG
Revenue for Air Transport Services Group (ATSG) was up in the second quarter of 2019 helped by the acquisition of Omni Air and more flights for Amazon. Second quarter revenue was $334.5 million compared to $203.6 million in 2018, and first half revenue increased from $406.6 million last year to $682.7 million. Net earnings turned […]
Unhappy pilots picket Amazon shareholder meeting
Amazon investors and board members gathering at the annual shareholder meeting were greeted by pilots flying for Amazon Air contracted carriers raising concerns about working conditions. The pilots who work for Atlas Air, Southern Air and ABX Air protested outside the meeting on Wednesday 22 May, holding picket signs and running a mobile billboard that […]
ATSG extends leasing and operating deal with DHL
Air Transport Services Group (ATSG) has extended agreements to lease 14 Boeing 767s to DHL and operate eight of those in North America for three years. The agreement includes extending 11 leases between DHL and ATSG’s leasing subsidiary Cargo Aircraft Management. Leases for six 767-200s operated by a DHL affiliate airline in the Middle East […]
Cargo pilots concerned about how airlines are run
Pilots contracted to fly for Amazon Air and DHL are concerned about the way their airlines are being run, survey results have found. More than 1,200 pilots at Atlas Air Worldwide subsidiaries Atlas Air and Southern Air, and Air Transport Services Group (ATSG) subsidiary ABX Air were asked questions about hiring, retaining, scheduling and more. […]
ATSG delivers 767-200 to SkyTaxi
Air Transport Services Group (ATSG) has delivered a Boeing 767-200 converted freight to SkyTaxi of Poland under a seven-year lease. Through ATSG’s subsidiary Cargo Aircraft Management, SkyTaxi has been granted the option to lease a second 767-200 for delivery in 2019. SkyTaxi operates two Saab 340s from its home base at Copernicus Airport Wroclaw. SkyTaxi […]
ATSG returns to profits, pilots demand better contract
Air Transport Services Group (ATSG) has turned the losses of 2017 into a third quarter profit, but pilots are unhappy at the pace of contract negotiation. In the third quarter of 2018, net earnings were $33.1 million compared to a loss of $32.8 million in the same period last year. For the first nine months […]
ATSG delivers 767-300 converted freighter to Amerijet
Air Transport Services Group (ATSG) has delivered a Boeing 767-300 converted freighter to Amerijet International Airlines under an eight year dry lease. This is the third converted 767-300 that ATSG subsidiary, Cargo Aircraft Management (CAM) has delivered to dry lease customers in 2018, and it expects to complete freighter conversions of seven more 767-300s and […]
ATSG delivers first 767-300 converted freighter to Air Incheon
Air Transport Services Group has delivered its first Boeing 767-300 converted freighter to Air Incheon under a six-year dry lease agreement. The South Korean airline, based at Seoul’s Incheon International Airport received the aircraft from ATSG’s subsidiary, ATSG West Leasing and has agreed to lease a second 767-300 when the aircraft completes modification in the […]
ATSG hires Mike Berger as chief commercial officer
Air Transport Services Group (ATSG) has hired Mike Berger as chief commercial officer, responsible for the sales and marketing strategy for the ATSG family companies. Berger, who will also take over as president of Airborne Global Solutions, will report to ATSG chief operating officer, Rich Corrado. Prior to this role, Berger, who holds a bachelors […]
ATSG subsidiaries select IFS Maintenix for fleet maintenance management
Air Transport Services Group, a leading provider of medium wide-body aircraft leasing, air cargo transportation and related services, has selected IFS Maintenix to deliver comprehensive fleet maintenance management across its two cargo airline subsidiaries – ABX Air and Air Transport International – and its aircraft leasing subsidiary, Cargo Aircraft Management. As the world’s largest owner […]
Richard Corrado elected as ATSG chief operating officer
The board of directors of Air Transport Services Group (ATSG) has elected Richard Corrado as chief operating officer. The 57-year old has served as chief commercial officer since 2010, and president of its Cargo Aircraft Management (CAM) and Airborne Global Solutions (AGS) subsidiaries. He will continue to report to ATSG president and chief executive officer, […]
Precision and ATSG set up A321 freighter conversion joint venture
Precision Aircraft Solutions (PAS) and Air Transport Services Group have formed a joint venture company to develop a passenger-to-freighter conversion for the Airbus A321-200. The company, called 321 Precision Conversions has been set up by PAS and ATSG’s subsidiary Cargo Aircraft Management, aims to gain supplemental type certification for the conversions in 2019, and aims […]
ATSG subsidiary to lease three B767s to Northern Aviation Services
Air Transport Services Group (ATSG) subsidiary Cargo Aircraft Management (CAM) is to lease three Boeing 767-300 Freighters to Northern Aviation Services to be operated by Northern Air Cargo. CAM will lease three 767-300s to Northern Aviation Services for seven-year terms beginning with the first lease in October 2017, with the potential for additional 767-300s in […]
ATSG to convert and lease 737-400s to Okay Airways
Air Transport Services Group has acquired two Boeing 737-400s and will convert them to freighters to lease to China-based Okay Airways. Ireland-based aircraft leasing company ATSG West Leasing has acquired the aircraft and will lease them to Okay in late 2017 for seven years and PEMCO World Air Services, another ATSG subsidiary will convert them […]
ATSG subsidiary acquires PEMCO World Air Services
Air Transport Services Group (ATSG) subsidiary, Airborne Maintenance and Engineering Services (AMES) has acquired PEMCO World Air Services. The companies say acquiring the heavy maintenance, repair and overhaul (MRO) and passenger-to-freighter conversion provider will offer strategic benefits including combining operational strengthens, expanded capabilities and cost savings. ATSG president and chief executive officer, Joe Hete says […]
Preliminary injunction issued in ABX Air labour dispute
Air Transport Services Group says US District Court Judge Timothy S. Black issued a order yesterday granting ABX Air’s motion to convert a temporary restraining order into a preliminary injunction. This it says prohibits work stoppages and other service interruptions of ATSG’s cargo airline subsidiary ABX Air, by ABX Air’s pilot employees represented by the […]
ABX Air taking steps to end work stoppage
Air Transport Services Group says one of its two airline subsidiaries, ABX Air is taking “multiple steps to resolve and end an illegal work stoppage” that began today by its pilots represented by the Airline Professionals Association of the International Brotherhood of Teamsters, Local 1224. Around 250 pilots went on strike and about 75 flights were […]
ABX Air and Teamsters labour dispute to go to arbitration
The labour dispute between ABX Air and pilot employees represented by the International Brotherhood of Teamsters (IBT) is to go to arbitration, a court has ruled. Judge Timothy S. Black of the US District Court for the Southern District of Ohio ruled that the dispute between Air Transport Services Group’s cargo airline and pilot employees […]
ATSG posts revenues rise of 36% in Q3
Air Transport Services Group’s (ATSG) revenues increased year-on-year (YOY) by 36 per cent in the third quarter (Q3) ending 30 September to $193.3 million. The lessor says excluding revenues from reimbursements, revenues increased 25 per cent, or $34.3 million and all of ATSG’s principal businesses recorded significant growth for the quarter. ATSG president and chief executive […]
ABX Air makes legal complaint against IBT in pilot dispute
ABX Air has filed a complaint against the International Brotherhood of Teamsters for injunctive and declaratory relief for violations of the Railway Labor Act under the labour agreement between ABX Air and the IBT covering ABX Air’s pilot employees. ABX, the airline subsidiary of Air Transport Services Group, says the IBT, covering the International Brotherhood […]