Air Transport Services Group (ATSG) Reports In-Line Q3 EPS

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Go back to Air Transport Services Group (ATSG) Reports In-Line Q3 EPS

ATSG Continues Strong Growth

November 3, 2016 4:16 PM EDT

Gains from Leasing, Logistics Services Offset Airline Ramp-Up Costs

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 ended September 30, 2016.

Results for the third quarter of 2016, compared with the third quarter of 2015, are as follows:

Revenues increased 36 percent, or $51.0 million, to $193.3 million for the quarter. Excluding revenues from reimbursements, revenues increased 25 percent, or $34.3 million. All of ATSG's principal businesses recorded significant... More