Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Air Transport Services Group Inc.    ATSG

AIR TRANSPORT SERVICES GROUP INC. (ATSG)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Air Transport Services Group Inc. : ATSG, U.S. Postal Service, Renew Sort Center Agreements

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/24/2012 | 10:05pm CEST

Air Transport Services Group, Inc. (NASDAQ:ATSG) said today that its contracts to manage three U.S. Postal Service sort facilities in Indianapolis, Dallas and Memphis have been renewed for two more years.

Under the new agreements with ATSG business unit LGSTX Distribution Services, Inc., the Postal Service pays LGSTX a fixed amount, plus additional amounts based on the volume of mail handled. ATSG has managed the Indianapolis center since 2004 and the Memphis and Dallas facilities since 2006. Combined annual revenues from all three agreements are expected to be approximately $24 million, an increase of about 10 percent from last year.

Gary Stover, president of LGSTX, said, "Our 30 years of experience in managing hub operations for Airborne, Inc. and DHL have allowed us to develop excellent work processes, reporting systems and contingency planning. We are pleased to extend our business relationship with the Postal Service into 2014, and hope to find additional ways to support them in the future."

About 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 three 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, LLC; Cargo Aircraft Management, Inc.; Capital Cargo International Airlines, Inc.; and Airborne Maintenance and Engineering Services, Inc. For more information, please see www.atsginc.com.

ATSG Inc.
Quint O. Turner, Chief Financial Officer, 937-382-5591


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AIR TRANSPORT SERVICES GRO
04/20AIR TRANSPORT SERVICES : for Passenger Transportation without Timetable
AQ
04/17WILMINGTON AIR PARK EARNS FAA CERTIF : “You have a great safety culture he..
AQ
04/16AIR TRANSPORT SERVICE : Air Transport Services
AQ
04/12AIR TRANSPORT SERVICES GROUP INC. : Free Research Report as Air Transport Servic..
AC
04/11AIR TRANSPORT SERVICES : ATSG Delivers First of Two Leased 767 Freighters to Air..
AQ
04/10AIR TRANSPORT SERVICES : Local aircraft company delivers first converted 767 to ..
AQ
04/10AIR TRANSPORT SERVICES : ATSG delivers first 767 freighter to Air Incheon
AQ
04/10AIR TRANSPORT SERVICES : ATSG delivers first converted 767 to South Korean firm
AQ
04/10AIR TRANSPORT SERVICES : Air Transport Services Group, Inc.
AQ
04/10AIR TRANSPORT SERVICES : ATSG Delivers First of Two Leased 767 Freighters to Air..
BU
More news
News from SeekingAlpha
03/06Air Transport Not Just An Amazon Story 
02/28Air Transport Services Group's (ATSG) CEO Joe Hete on Q4 2017 Results - Earni.. 
02/28Air Transport Services pops 2.9% on profit and sales beat 
02/27Air Transport Services beats by $0.03, beats on revenue 
02/26Notable earnings after Tuesday?s close 
Financials ($)
Sales 2018 1 204 M
EBIT 2018 128 M
Net income 2018 88,2 M
Debt 2018 -
Yield 2018 -
P/E ratio 2018 16,81
P/E ratio 2019 14,46
EV / Sales 2018 1,04x
EV / Sales 2019 1,34x
Capitalization 1 249 M
Chart AIR TRANSPORT SERVICES GRO
Duration : Period :
Air Transport Services Gro Technical Analysis Chart | ATSG | US00922R1059 | 4-Traders
Technical analysis trends AIR TRANSPORT SERVICES GRO
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 28,7 $
Spread / Average Target 36%
EPS Revisions
Managers
NameTitle
Joseph C. Hete President, Chief Executive Officer & Director
Randy D. Rademacher Chairman
Richard F. Corrado Chief Operating Officer
Quint O. Turner Chief Financial Officer & Head-Media Relations
Jeffrey J. Vorholt Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AIR TRANSPORT SERVICES GROUP INC.-8.90%1 249
UNITED PARCEL SERVICE-8.90%95 531
FEDEX CORPORATION-0.97%68 282
DEUTSCHE POST-5.13%57 504
S.F. HOLDING CO LTD--.--%34 049
KUEHNE UND NAGEL INTERNATIONAL AG-11.83%18 812