Air Transport Services Group (ATSG) Tops Q1 EPS by 5c, Offers Guidance

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ATSG Reports First Quarter 2024 Results

May 6, 2024 4:50 PM EDT

Raises 2024 Financial Outlook

Expands and Extends Flying Agreement with Amazon

WILMINGTON, Ohio--(BUSINESS WIRE)-- Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the first quarter ended March 31, 2024. Those results, as compared with the same period in 2023, were as follows:

First Quarter Results

Revenues $486 million, down 3% GAAP Earnings per Share (diluted) from Continuing Operations $0.13, down $0.12 GAAP Pretax Earnings from Continuing Operations... More