Air Transport Services Group (ATSG) Tops Q3 EPS by 14c

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ATSG Reports Record Third Quarter 2021 Results

November 4, 2021 4:29 PM EDT

Increases Adjusted EBITDA Guidance; Strong Midsize Freighter Demand Continues

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 ended September 30, 2021.

ATSG's third quarter 2021 results, as compared with the third quarter of 2020 include:

Record customer revenues $466.0 million, up $61.8 million, or 15 percent GAAP EPS (basic) from Continuing Operations $0.85, vs. loss of $0.10, on pretax earnings of $81.2 million Adjusted EPS* $0.60, up $0.19 or... More