Thursday, May 23, 2024

Revenues increase 31% in Q3 at ATSG

Air Transport Services Group’s (ATSG) revenues increased $60.8 million on the third quarter (Q3) of last year, or 31 per cent, to $254.1 million for Q3 ending on 30 September. Excluding revenues from reimbursable airline expenses, revenues increased $49 million, or 29 per cent. ATSG’s dry leasing, and maintenance and logistics businesses recorded double-digit revenue […]

ATSG wins pilots ruling on single carrier issue

The National Mediation Board (NMB) has ruled in favour of Air Transport Services Group’s (ATSG) airline subsidiaries in deciding they do not operate as a single transportation system – as defined under the US Railway Labor Act – for purposes of the labor representation of their pilots. ATSG owns and operates two airlines with separate and distinct US […]

Kalitta Air uses CHAMP to boost its load planning

CHAMP Cargosystems has completed Kalitta Air’s implementation of its Weight & Balance application used to manage its load planning more effectively. The US all-cargo carrier has a fleet of Boeing 747 Freighters and B767Fs, and recently obtained Federal Aviation Administration (FAA) approval for use of CHAMP’s application with its freighter fleet. Kalitta Air operates freighters to Afghanistan, Argentina, […]

ATSG forecasts lower earnings due to ABX Air strike

Air Transport Services Group (ATSG) have announced its earnings before interest, tax, depreciation and amortization (EBITDA) from continuing operations is set to be around $7 million lower than indicated in its fourth quarter (Q4) and full year 2016 forecast. ATSG says this reduction in guidance is due to the revenue loss resulting from a brief work stoppage in […]