Air Transport Services Group (ATSG) Tops Q1 EPS by 16c

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Go back to Air Transport Services Group (ATSG) Tops Q1 EPS by 16c

ATSG Reports Record First Quarter 2022 Results

May 5, 2022 4:00 PM EDT

Rebound in Passenger Flying, Returns from Freighter Leasing Set Strong 2022 Pace

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 March 31, 2022.

ATSG's first quarter 2022 results, as compared with the first quarter 2021, include:

First Quarter 2022 Results

Revenues of $486 million, up 29% GAAP Earnings of $50 million, up 18% Adjusted Earnings Per Share* of $0.56, nearly... More