Sector: Industrials | Industry: Air Freight & Logistics |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 145 HUNTER DR WILMINGTON OH 45177 |
Tel: | N/A |
Website: | https://www.atsginc.com |
IR: | See website |
Key People | ||
Joseph C. Hete Chairman of the Board, Chief Executive Officer | Michael L. Berger President | Quint O. Turner Chief Financial Officer |
Mike Betson President - Air Transport International | Edward J. Koharik Chief Operating Officer | W. Joseph Payne Senior Vice President, Corporate General Counsel, Secretary and Chief Legal Officer | Paul E. Chase Chief Commercial Officer |
Business Overview |
Air Transport Services Group, Inc. is a holding company. The Company is a provider of aircraft leasing and air cargo transportation and related services. It operates through two segments: Cargo Aircraft Management, Inc. (CAM) and ACMI Services. The CAM segment includes the leasing of aircraft and aircraft engines. Its freighter fleet is composed primarily of Boeing 767 aircraft. The ACMI Services segment includes the cargo and passenger aircraft flight operations of its three airlines. Its ACMI Services business segment consists of the cargo and passenger operations of its three airline subsidiaries: ABX Air, Inc., Air Transport International, Inc., and Omni Air International, LLC. Its airline is responsible for providing full service, including fuel, aircraft, flight crews, maintenance, aircraft hull and liability insurance, landing fees, parking fees, catering, passenger handling fees, ground and cargo handling expenses and other operating expenses for a fixed, all-inclusive price. |
Financial Overview |
For the fiscal year ended 31 December 2023, Air Transport Services Group Inc. revenues increased 1% to $2.07B. Net income before extraordinary items decreased 70% to $59.7M. Revenues reflect CAM segment increase of 6% to $461M, All Other segment increase of 4% to $446.5M. Net income was offset by Settlement charges and non-service compo decrease from $20M (income) to $37M (expense), Maintenance. |
Employees: | 5,095 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,551M as of Dec 31, 2023 |
Annual revenue (TTM): | $2,071M as of Dec 31, 2023 |
EBITDA (TTM): | $563.36M as of Dec 31, 2023 |
Net annual income (TTM): | $59.75M as of Dec 31, 2023 |
Free cash flow (TTM): | -$139.37M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,709M as of Dec 31, 2023 |
Shares outstanding: | 65,683,885 as of Mar 25, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |