Air Transport Services Group, Inc.

Air Transport Services Group, Inc. (ATSG) Overview

Air Transport Services Group, Inc. (ATSG) is a leading provider of air cargo transportation and services, specializing in the leasing of cargo aircraft and providing airline operations. The company primarily focuses on serving express delivery companies, freight forwarders, and other major customers within the logistics sector.

Key Services

1. Aircraft Leasing:

   • ATSG leases Boeing 767 freighter aircraft through its subsidiary, Cargo Aircraft Management (CAM).
   • The company operates a fleet of over 30 Boeing 767 freighter aircraft, with leases expiring between 2026 and 2031.

2. Airline Operations:

   • ATSG's subsidiaries operate these aircraft for major customers, including operations for Amazon.com Services, LLC (ASI).
   • The company provides services for both freight transport and logistical support, managing ground services through its subsidiary, LGSTX Services, Inc.

3. Fleet Management:

   • The management of ground handling, as well as the operational aspects of air cargo handling, is a significant aspect of ATSG's business model.

Financial Performance

• Revenue: ATSG's revenue for the fiscal year ended December 31, 2024 was approximately $2.1 billion.
• Net Income: The company reported a net income of $941.7 million for the same fiscal year.
• Employees: ATSG employs approximately 4,745 employees, which includes both full-time and part-time staff across its operations.

Customer Base

• Major Clients: ATSG serves a diverse range of customers within the logistics sector, including significant contracts with Amazon. As of April 11, 2025, AWS accounted for a substantial portion of ATSG's operations.
• Long-Term Agreements: The company has established multi-year agreements ensuring a stable income stream through continuous commitments from key clients like ASI.

Strategic Positioning

• ATSG's strategic focus on air cargo leasing and operations positions it as a critical player in the logistics and transportation sectors, providing tailored solutions that meet the demands of the fast-evolving supply chain landscape.
• The company has also established strong relationships with various logistics and transportation companies, enabling it to grow its fleet and expand services in response to market needs.

Conclusion

Air Transport Services Group, Inc. is a crucial player in the air cargo industry, known for its leasing of cargo aircraft and operational management services. With a significant number of employees, strong financial performance, and a solid customer base, ATSG is well-positioned to continue its growth and adapt to the changing demands of the logistics sector.