Air Transport Services Group (ATSG) Tops Q3 EPS by 1c

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Go back to Air Transport Services Group (ATSG) Tops Q3 EPS by 1c

Dry-Leasing Drives ATSG Operating Gains

November 6, 2017 4:25 PM EST

Boeing 767 Operating Freighter Fleet Increases By Eight;

81% of 767 Fleet Under Multi-Year Dry Lease

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, 2017.

Compared with amounts for the third quarter of 2016 (except as noted):

Revenues increased $60.8 million, or 31 percent, to $254.1 million. Excluding revenues from reimbursable airline expenses, revenues increased $49 million, or 29 percent. ATSG's dry leasing, and maintenance and logistics... More