Air Transport Services : ABX AIR WORK STOPPAGE CONTINUES PENDING COURT RULING
November 23, 2016 at 09:08 am EST
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WILMINGTON, OH - November 22, 2016 - Air Transport Services Group, Inc. (NASDAQ:ATSG) today said one of its two airline subsidiaries, ABX Air, Inc., and the union for its pilot employees, the Airline Professionals Association of the International Brotherhood of Teamsters, Local 1224, participated in a conference with U.S. District Court Judge Timothy S. Black late this afternoon to consider a complaint for injunctive relief that ABX Air filed earlier today. The complaint seeks to enjoin an illegal work stoppage by its pilots and their union that began early this morning.
The judge required that the union must file its answer to the complaint no later than noon tomorrow, prior to issuing a ruling on the merits. In the meantime, ABX Air continues to hold discussions with the pilots' union representatives in an effort to resolve the matters in dispute.
About Air Transport Services Group, Inc. (ATSG)
ATSG is a leading provider of aircraft leasing and air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements. ATSG, through its leasing and airline subsidiaries, is the world's largest owner and operator of converted Boeing 767 freighter aircraft. Through its principal subsidiaries, including two airlines with separate and distinct U.S. FAA Part 121 Air Carrier certificates, ATSG provides aircraft leasing, air cargo lift, aircraft maintenance services and airport ground services. ATSG's subsidiaries include ABX Air, Inc.; Airborne Global Solutions, Inc.; Air Transport International, Inc.; Cargo Aircraft Management, Inc.; and Airborne Maintenance and Engineering Services, Inc. For more information, please see www.atsginc.com.
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ATSG - Air Transport Services Group Inc. published this content on 22 November 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 November 2016 14:07:12 UTC.
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Air Transport Services Group, Inc. is a holding company. The Company is a provider of aircraft leasing and air cargo transportation and related services. It operates through two segments: Cargo Aircraft Management, Inc. (CAM) and ACMI Services. The CAM segment includes the leasing of aircraft and aircraft engines. Its freighter fleet is composed primarily of Boeing 767 aircraft. The ACMI Services segment includes the cargo and passenger aircraft flight operations of its three airlines. Its ACMI Services business segment consists of the cargo and passenger operations of its three airline subsidiaries: ABX Air, Inc., Air Transport International, Inc., and Omni Air International, LLC. Its airline is responsible for providing full service, including fuel, aircraft, flight crews, maintenance, aircraft hull and liability insurance, landing fees, parking fees, catering, passenger handling fees, ground and cargo handling expenses and other operating expenses for a fixed, all-inclusive price.