air transport services group, inc. provides air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements. through its principal subsidiaries, including three airlines with separate and distinct u.s. faa part 121 air carrier certificates, atsg provides air cargo lift, aircraft leasing, aircraft maintenance services, airport ground services, fuel management, specialized transportation management, and air charter brokerage services. major subsidiaries include - abx air, inc. (www.abxair.com) - air transport international llc (www.airtransport.cc) - capital cargo international airlines, inc. (www.capitalcargo.com) - airborne maintenance & engineering services, inc. (www.airbornemx.com) - airborne global services, inc.
![Air Transport Services logo](/files/LOGO/894081-ATSG.png)
Company profile
Ticker
ATSG
Exchange
Website
CEO
Richard Corrado
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ABX AIR INC, ABX Holdings, Inc.
SEC CIK
Corporate docs
Subsidiaries
1.ABX Air, Inc. • 2.Airborne Global Solutions, Inc. • 3.Airborne Maintenance and Engineering Services, Inc. • 4.Air Transport International, Inc. • 5.Air Transport International Limited Liability Company • 6.AMES Material Services, Inc. • 7.Cargo Aircraft Management, Inc. • 8.LGSTX Cargo Services, Inc. • 9.LGSTX Services, Inc. • 10.Pemco World Air Services Inc. ...
IRS number
261631624
ATSG stock data
Latest filings (excl ownership)
8-K
ATSG Announces Executive Leadership Succession
5 Jun 24
8-K
Results of Operations and Financial Condition
23 May 24
8-K/A
Entry into a Material Definitive Agreement
10 May 24
10-Q
2024 FY
Quarterly report
9 May 24
8-K
ATSG Expands Operations in the Amazon Air Network
6 May 24
8-K
ATSG Reports First Quarter 2024 Results
6 May 24
PX14A6G
Letter to shareholders
18 Apr 24
ARS
2023 FY
Annual report to shareholders
11 Apr 24
DEFA14A
Additional proxy soliciting materials
11 Apr 24
DEF 14A
Definitive proxy
11 Apr 24
Transcripts
ATSG
Earnings call transcript
2024 Q1
7 May 24
ATSG
Earnings call transcript
2023 Q4
27 Feb 24
ATSG
Earnings call transcript
2023 Q3
7 Nov 23
ATSG
Earnings call transcript
2023 Q2
4 Aug 23
ATSG
Earnings call transcript
2023 Q2
4 Aug 23
ATSG
Earnings call transcript
2023 Q1
5 May 23
ATSG
Earnings call transcript
2022 Q4
24 Feb 23
ATSG
Earnings call transcript
2022 Q3
4 Nov 22
ATSG
Earnings call transcript
2022 Q2
5 Aug 22
ATSG
Earnings call transcript
2022 Q1
6 May 22
Latest ownership filings
4
Michael L Berger
7 Jun 24
4
JOSEPH C HETE
7 Jun 24
4
Jeffrey A. Dominick
5 Jun 24
4
Change in insider ownership
8 May 24
4/A
Michael L Berger
17 Apr 24
4
Jeffrey A. Dominick
4 Apr 24
4
Laura J. Peterson
4 Apr 24
4
JEFFREY J VORHOLT
4 Apr 24
4
Randy D Rademacher
4 Apr 24
4
Randy D Rademacher
5 Mar 24
Financial summary
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Diluted EPS |
Annual (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Revenue | |||||
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Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 11.46 mm | 11.46 mm | 11.46 mm | 11.46 mm | 11.46 mm | 11.46 mm |
Cash burn (monthly) | 14.03 mm | 6.51 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 54.25 mm | 25.18 mm | n/a | n/a | n/a | n/a |
Cash remaining | -42.79 mm | -13.72 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -3.0 | -2.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
97.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 159 |
Opened positions | 60 |
Closed positions | 21 |
Increased positions | 33 |
Reduced positions | 46 |
13F shares | Current |
---|---|
Total value | 852.87 bn |
Total shares | 63.76 mm |
Total puts | 168.10 k |
Total calls | 129.70 k |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
AMZN Amazon.com | 12.74 mm | $175.32 bn |
River Road Asset Management | 7.02 mm | $96.62 bn |
Vanguard | 5.91 mm | $81.33 bn |
Victory Capital Management | 3.97 mm | $54.60 bn |
Dimensional Fund Advisors | 3.95 mm | $54.40 bn |
BLK Blackrock | 3.78 mm | $52.03 bn |
Barrow Hanley Mewhinney & Strauss | 2.58 mm | $35.55 bn |
GROW U.S. Global Investors, Inc. - Ordinary Shares | 2.01 mm | $27.60 bn |
American Century Companies | 1.62 mm | $22.35 bn |
JPM JPMorgan Chase & Co. | 1.60 mm | $22.07 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
7 Jun 24 | Michael L Berger | Common Stock | Buy | Acquire P | No | No | 12.47 | 3,996 | 49.83 k | 103,705 |
7 Jun 24 | Joseph C Hete | Common Stock | Buy | Acquire P | No | No | 12.81 | 4,179 | 53.53 k | 594,302 |
7 Jun 24 | Joseph C Hete | Common Stock | Buy | Acquire P | No | No | 12.82 | 821 | 10.53 k | 590,123 |
3 Jun 24 | Jeffrey A. Dominick | Common Stock | Grant | Acquire A | No | No | 13.83 | 43,383 | 599.99 k | 53,133 |
3 Jun 24 | Jeffrey A. Dominick | RSU Common Stock | Other | Dispose J | No | No | 0 | 9,023 | 0.00 | 0 |
6 May 24 | Amazon.com | Warrant (Right to Purchase Common Stock) Common Stock | Other | Acquire J | No | No | 12.9658 | 2,915,000 | 37.80 mm | 2,915,000 |
6 May 24 | Amazon.com | Warrant (Right to Purchase Common Stock) Common Stock | Other | Acquire J | No | No | 21.5265 | 14,801,360 | 318.62 mm | 14,801,360 |
6 May 24 | Amazon.com | Warrant (Right to Purchase Common Stock) Common Stock | Other | Dispose J | No | No | 21.5265 | 14,801,360 | 318.62 mm | 0 |
6 May 24 | Amazon.com | Warrant (Right to Purchase Common Stock) Common Stock | Other | Acquire J | No | No | 20.4 | 7,014,804 | 143.10 mm | 7,014,804 |
6 May 24 | Amazon.com | Warrant (Right to Purchase Common Stock) Common Stock | Other | Dispose J | No | No | 20.4 | 7,014,804 | 143.10 mm | 0 |
News
Is the Options Market Predicting a Spike in Air Transport Services Stock?
3 Jul 24
ATSG Signed Lease Agreements For Two 767-300 Freighter Aircraft To My Freighter Cargo Airlines Of Tashkent, Uzbekistan
2 Jul 24
ABX Pilots Win Back Amazon Business with Power of Positivity
13 May 24
TD Cowen Maintains Buy on Air Transport Services Gr, Raises Price Target to $18
8 May 24
Susquehanna Maintains Neutral on Air Transport Services Gr, Raises Price Target to $15
8 May 24
Press releases
ATSG to Host Second Quarter 2024 Investor Conference Call
16 Jul 24
Air Transport Services Group Hosts Inspiring Future Aviators; Awards Top Camper the Mike & Judith Berger Scholarship
11 Jul 24
ATSG Recognizes Six Scholarship Recipients
19 Jun 24
ATSG Holds Annual Meeting of Stockholders
22 May 24
ATSG Reports First Quarter 2024 Results
6 May 24