Air Transport Services Group (ATSG) Tops Q2 EPS by 18c

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Go back to Air Transport Services Group (ATSG) Tops Q2 EPS by 18c

ATSG Second-Quarter Results Reflect Solid Growth, Improving Cash Flows, and Strong Demand for Leased Cargo Aircraft

August 5, 2020 4:15 PM EDT

Raises Adjusted EBITDA Guidance for 2020; Anticipates Lower 2021 Capex

WILMINGTON, Ohio--(BUSINESS WIRE)-- Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation and related services, today reported consolidated financial results for the quarter and six months ended June 30, 2020.

ATSG's second quarter 2020 results, as compared with the second quarter of 2019, include:

Customer revenues up 13 percent, or $43.2 million, to $377.8 million.

ATSG's principal business segments, aircraft leasing and air transport, increased revenues by eight percent and 13... More