Air Transport Services Group (ATSG) Tops Q4 EPS by 2c

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ATSG Posts Improved 2014 Results as Aircraft Leasing Portfolio Grows

March 5, 2015 5:30 PM EST

Year Marks Completion of Long-Term Agreements and Improved Cash Flow Generation

WILMINGTON, Ohio--(BUSINESS WIRE)-- Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, air cargo transportation and related services, today reported consolidated financial results for the quarter and full year ended December 31, 2014.

For the fourth quarter of 2014:

Adjusted pre-tax earnings from continuing operations increased 19 percent to $17.7 million. The adjustments remove the effects of pension settlement charges, derivative transactions, and year-earlier impairment charges. These and other adjusted amounts referenced... More