Air Transport Services Group, Inc., through its subsidiaries, engages in the aircraft leasing and air cargo transportation services in the United States and internationally. It offers contracted airline operations, aircraft modification and maintenance services, ground services, and other support services. The company also provides air transportation, aircraft parts, crews, insurance, airline express operations, line and heavy maintenance, freighter conversions, material handling equipment, ground handling, equipment maintenance, load transfer, mailing and package sorting, and flight support services. In addition, it offers equipment installation and maintenance, vehicle maintenance and repair, and jet fuel and deicing services, as well as flight crews training; and resells and brokers aircraft parts. The company offer its services to delivery companies, air transportation, air express integrators, airlines and governmental agencies, e-commerce, package delivery, freight forwarders, and logistics industries. As of December 31, 2020, its in-service aircraft fleet consisted of 100 owned aircraft and 6 leased aircraft. The company, formerly known as ABX Holdings, Inc., was founded in 1980 and is headquartered in Wilmington, Ohio.
IPO Year:
Exchange: NASDAQ
Website: atsginc.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/8/2023 | $26.00 → $15.00 | Positive → Neutral | Susquehanna |
9/20/2023 | $27.00 | Outperform | Oppenheimer |
10/21/2022 | $26.00 | Hold | Truist |
3/2/2022 | $34.00 → $40.00 | Overweight | Stephens & Co. |
Generates Strong Cash Flow 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 third quarter ended September 30, 2024. Those results, as compared with the same period in 2023, were as follows: Third Quarter Results Revenues of $471 million, versus $523 million GAAP Loss per Share from Continuing Operations of ($0.05), versus Earnings per Share (diluted) of $0.24 GAAP Pretax Loss from Continuing Operations of ($5.2) million, versus Pretax Earnings of $23.5 million Adjusted Pretax* Earnings of $10.7 million, ver
ATSG Shareholders to Receive $22.50 Per Share in Cash Air Transport Services Group, Inc. (NASDAQ:ATSG), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today announced that it has entered into a definitive agreement to be acquired by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, in an all-cash transaction with an enterprise valuation of approximately $3.1 billion. Under the terms of the definitive agreement, which was unanimously approved by ATSG's Board of Directors, holders of ATSG's common shares will receive $22.50 per share in cash. The purchase price represents a premium
Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Friday, November 8, 2024, at 10 a.m. Eastern time to review its financial results for the third quarter ended September 30, 2024. The company will issue its third quarter 2024 earnings release on the morning of Friday, November 8, 2024, before the financial markets open. Those who wish to participate in the question-and-answer portion of the call must register in advance via a link in the Events & Presentations section of ATSG's website, www.atsginc.com. Registrants will receive dial-in numbers and a unique Personal Identification Number (PIN) required to join the live call. S
Raises 2024 Adjusted EBITDA Outlook Generates Strong Free Cash Flow Leases Four Boeing 767 Freighters to Customers since June 30 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 second quarter ended June 30, 2024. Those results, as compared with the same period in 2023, were as follows: Second Quarter Results Revenues of $488 million, versus $529 million GAAP Earnings per Share (diluted) from Continuing Operations of $0.11, versus $0.49 GAAP Pretax Earnings from Continuing Operations of $10.7 million, ve
Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Friday, August 9, 2024, at 10 a.m. Eastern time to review its financial results for the second quarter ended June 30, 2024. The company will issue its second quarter 2024 earnings release on Thursday, August 8, 2024, after the stock market closes. Those who wish to participate in the question-and-answer portion of the call must register in advance via a link in the Events & Presentations section of ATSG's website, www.atsginc.com. Registrants will receive dial-in numbers and a unique Personal Identification Number (PIN) required to join the live call. Slides to accompany man
Raises 2024 Financial Outlook Expands and Extends Flying Agreement with Amazon 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 $12.4 million, down $14.1 million Adjusted Pretax* Earnings $15.2 million, down $22.6
Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Tuesday, May 7, 2024, at 10 a.m. Eastern time to review its financial results for the first quarter ended March 31, 2024. The company will issue its first quarter 2024 earnings release on Monday, May 6, 2024, after the stock market closes. Those who wish to participate in the question-and-answer portion of the call must register in advance via a link in the Events & Presentations section of ATSG's website, www.atsginc.com. Registrants will receive dial-in numbers and a unique Personal Identification Number (PIN) required to join the live call. Slides to accompany management'
Projects sharply lower 2024 capital expenditures, improving cash flow 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 quarter and year ended December 31, 2023. Those results, as compared with the same periods in 2022, were as follows: Fourth Quarter Results Revenues $517 million, down 3% GAAP Loss per Share (basic) from Continuing Operations $0.24, down $0.82 GAAP Pretax Loss from Continuing Operations $15.6 million, including $24.4 million non-cash settlement expense associated with the partial termina
Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Tuesday, February 27, 2024, at 10 a.m. Eastern time to review its financial results for the fourth quarter and year ended December 31, 2023. The company will issue its fourth quarter 2023 earnings release on Monday, February 26, 2024, after the stock market closes. Conference call participants must register in advance via a link in the Events & Presentations section of ATSG's website, www.atsginc.com. Slides to accompany management's discussion may be accessed from the site shortly before the start of the call. Listen-only access to a webcast of the call, including slides,
– Deployed seven newly-converted freighters, including our first two A321-200s, in the quarter – 2023 Outlook revised to reflect current operating environment Air Transport Services Group, Inc. (NASDAQ:ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the third quarter ended September 30, 2023. Those results, as compared with the same quarter in 2022, were as follows: Third Quarter 2023 Results Revenues of $523 million, up 1% GAAP EPS (basic) from Continuing Operations of $0.26, down $0.42 Adjusted EPS* from Continuing Operations of $0.32, versus $0.60 Pre
Generates Strong Cash Flow 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 third quarter ended September 30, 2024. Those results, as compared with the same period in 2023, were as follows: Third Quarter Results Revenues of $471 million, versus $523 million GAAP Loss per Share from Continuing Operations of ($0.05), versus Earnings per Share (diluted) of $0.24 GAAP Pretax Loss from Continuing Operations of ($5.2) million, versus Pretax Earnings of $23.5 million Adjusted Pretax* Earnings of $10.7 million, ver
ATSG Shareholders to Receive $22.50 Per Share in Cash Air Transport Services Group, Inc. (NASDAQ:ATSG), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today announced that it has entered into a definitive agreement to be acquired by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, in an all-cash transaction with an enterprise valuation of approximately $3.1 billion. Under the terms of the definitive agreement, which was unanimously approved by ATSG's Board of Directors, holders of ATSG's common shares will receive $22.50 per share in cash. The purchase price represents a premium
Purdue Global, Purdue's online university for working adults, has signed an educational alliance agreement with Air Transport Services Group, Inc. (NASDAQ:ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related services, to make higher education more accessible to its employees while advancing its workforce readiness initiatives. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241030630535/en/ Under the terms of the agreement, ATSG employees and immediate family members enjoy a 20 percent reduction in tuition rates for all undergraduate programs and certificates, and a
Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Friday, November 8, 2024, at 10 a.m. Eastern time to review its financial results for the third quarter ended September 30, 2024. The company will issue its third quarter 2024 earnings release on the morning of Friday, November 8, 2024, before the financial markets open. Those who wish to participate in the question-and-answer portion of the call must register in advance via a link in the Events & Presentations section of ATSG's website, www.atsginc.com. Registrants will receive dial-in numbers and a unique Personal Identification Number (PIN) required to join the live call. S
Team aircraft now available for charter Omni Air International, a wholly owned subsidiary of Air Transport Services Group, Inc. (NASDAQ:ATSG), announced a long-term agreement with the New England Patriots professional football team under which Omni will operate the Patriots' two Boeing 767-300 passenger aircraft for team travel and other charter flights including humanitarian and goodwill flights on behalf of the Kraft family, and as available for Omni's other charter customers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240828404876/en/Omni Air International will operate two New England Patriots Boeing 767-300 passenger a
Raises 2024 Adjusted EBITDA Outlook Generates Strong Free Cash Flow Leases Four Boeing 767 Freighters to Customers since June 30 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 second quarter ended June 30, 2024. Those results, as compared with the same period in 2023, were as follows: Second Quarter Results Revenues of $488 million, versus $529 million GAAP Earnings per Share (diluted) from Continuing Operations of $0.11, versus $0.49 GAAP Pretax Earnings from Continuing Operations of $10.7 million, ve
Air Transport Services Group, Inc. (NASDAQ:ATSG) announced today that its subsidiary, Cargo Aircraft Management (CAM), has leased a Boeing 767-300 converted freighter to New York-based SLG Worldwide, who will sublease the aircraft to Euroavia Airlines, a cargo airline headquartered in Larnaca, Cyprus. "SLG Worldwide is an experienced provider of logistics and aviation services around the world," said Mike Berger, chief executive officer of ATSG. "Our leasing arrangement with SLG Worldwide in support of a new cargo airline exemplifies the attractiveness of our Lease+Plus package. We can support a new carrier with access to multiple services, including maintenance, ensuring timely delivery
Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced it has promoted Todd France to Chief Commercial Officer. In this role, France will oversee commercial activities for all ATSG companies. He will report to ATSG President Jeff Dominick. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240807128473/en/Todd France has been promoted to Chief Commercial Officer of Air Transport Services Group, Inc. (Photo: Business Wire) "Todd has been President of two of our business units and is uniquely qualified for this role," said Dominick. "He has demonstrated exceptional leadership across every aspect of our business, having achie
Air Transport Services Group, Inc. (NASDAQ:ATSG) announced today that its leasing subsidiary Cargo Aircraft Management (CAM) recently delivered two Boeing 767-300 aircraft to Georgian Airways LLC of Tbilisi, Georgia under multi-year leases. One of the two Boeing 767-300s is a passenger aircraft delivered in June, while the other is a newly converted freighter delivered in July. "We are pleased to deepen our partnership with ATSG with these two aircraft," said David Gaiashvili, general director of Georgian Airways. "Founded over three decades ago, Georgian Airways has established itself as a trusted leader in the aviation industry with a steadfast commitment to safety and a relentless pu
Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Friday, August 9, 2024, at 10 a.m. Eastern time to review its financial results for the second quarter ended June 30, 2024. The company will issue its second quarter 2024 earnings release on Thursday, August 8, 2024, after the stock market closes. Those who wish to participate in the question-and-answer portion of the call must register in advance via a link in the Events & Presentations section of ATSG's website, www.atsginc.com. Registrants will receive dial-in numbers and a unique Personal Identification Number (PIN) required to join the live call. Slides to accompany man
```html Recently, on June 7, 2024, insider Berger Michael L made a significant purchase of Air Transport Services Group Inc shares, acquiring $49,830 worth of stock, which amounted to 3,996 units at a price of $12.47 per share. This transaction increased his direct ownership by 4% to 103,705 units and was disclosed in the SEC Form 4 filing "Berger Michael L bought $49,830 worth of shares (3,996 units at $12.47), increasing direct ownership by 4% to 103,705 units (SEC Form 4)". When analyzing this insider purchase in conjunction with other recent transactions within Air Transport Services Group Inc, several patterns emerge that could provide insights into the company's prospects and the conf
10-Q - Air Transport Services Group, Inc. (0000894081) (Filer)
8-K - Air Transport Services Group, Inc. (0000894081) (Filer)
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DEFA14A - Air Transport Services Group, Inc. (0000894081) (Filer)
8-K - Air Transport Services Group, Inc. (0000894081) (Filer)
10-Q - Air Transport Services Group, Inc. (0000894081) (Filer)
8-K - Air Transport Services Group, Inc. (0000894081) (Filer)
8-K - Air Transport Services Group, Inc. (0000894081) (Filer)
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SC 13G/A - Air Transport Services Group, Inc. (0000894081) (Subject)
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SC 13G - Air Transport Services Group, Inc. (0000894081) (Subject)
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Susquehanna downgraded Air Transport Services Group from Positive to Neutral and set a new price target of $15.00 from $26.00 previously
Oppenheimer initiated coverage of Air Transport Services Group with a rating of Outperform and set a new price target of $27.00
Truist initiated coverage of Air Transport Services Group with a rating of Hold and set a new price target of $26.00
Stephens & Co. reiterated coverage of Air Transport Services Gr with a rating of Overweight and set a new price target of $40.00 from $34.00 previously
Stifel resumed coverage of Air Transport Services Group with a rating of Buy and set a new price target of $30.00
Susquehanna Bancshares reiterated coverage of Air Transport Services Group with a rating of Positive and set a new price target of $35.00 from $33.00 previously
Stockholders of Air Transport Services Group, Inc. (NASDAQ:ATSG) meeting today on a virtual-only basis have reelected nine directors to the Board of Directors. During the meeting, stockholders also: Ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal year 2024; Approved on an advisory basis the compensation of the Company's named executive officers for 2023; and Rejected a stockholder proposal related to the disclosure of managing climate risk through science-based targets and transition planning. Directors of the Company reelected to one-year terms on the Board were Phyllis J. Campbell, Jeffrey A. Dominic
Air Transport Services Group, Inc., (NASDAQ:ATSG) today announced the retirement of James O'Grady, President of Air Transport International, Inc., an airline subsidiary of ATSG, and the appointment of his replacement, Mike Betson. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240125089942/en/James O'Grady has retired after a 40-year career in aviation. (Photo: Business Wire) O'Grady served as President of ATI since January 2016. Prior to that he had been Chief Operating Officer since September 2014. Before joining the airline, he held management positions in other ATSG subsidiaries, including serving as Managing Director of Glo
Ben Wolff Re-joins Executive Team as Executive Vice Chairman Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC), a technology leader in advanced robotic systems, solutions, and software that redefine human possibilities, today announced that the Company's interim President and Chief Executive Officer, Laura Peterson, has been appointed to serve as the Company's permanent President and Chief Executive Officer. The Company also announced that Sarcos co-founder, current director and former Chief Executive Officer, Ben Wolff, has re-joined the executive team as Executive Vice Chairman. Peterson has served as interim President and Chief Executive Officer since May 2023 and h
Air Transport Services Group, Inc., (NASDAQ:ATSG) today announced the appointment of David Ray as president of Omni Air International, Inc., an airline subsidiary of ATSG, to succeed Dan Orcutt. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230718130797/en/David Ray has been named President of Omni Air International. (Photo: Business Wire) Ray joined the airline in 2018 as its director of training before being promoted to vice president of operations in 2019 and chief operating officer in 2021. His prior experience includes senior executive level roles in the aviation, construction, and medical industry. Ray is a licensed Airli
Stockholders of Air Transport Services Group, Inc. (NASDAQ:ATSG) meeting today on a virtual-only basis have re-elected ten directors to the Board of Directors. During the meeting, stockholders also: Ratified the appointment of Deloitte & Touche LLP to audit the financial statements of the Company and its subsidiaries for fiscal year 2023; Approved on an advisory basis the compensation of the Company's named executive officers for 2022; and Approved on an advisory basis the recommendation to hold future advisory votes on executive compensation every year. Directors of the Company re-elected to one-year terms on the Board were Phyllis J. Campbell, Richard F. Corrado, Jeffrey A.
Former Boeing executive and current member of Sarcos board of directors brings decades of leadership experience as Company enters commercialization phase of its history Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC), a leader in the design, development, and manufacture of advanced robotic systems, solutions and software that redefine human possibilities, today announced the appointment of Laura Peterson as its interim president and chief executive officer, effective immediately. Peterson will replace outgoing president and CEO, Kiva Allgood. Sarcos thanks Ms. Allgood for her service and wishes her well in her new endeavors. Peterson, who currently serves on the Sarc
Stockholders of Air Transport Services Group, Inc. (NASDAQ:ATSG) meeting today on a virtual-only basis have re-elected nine directors to the Board of Directors. During the meeting, stockholders also: Ratified the appointment of Deloitte & Touche LLP to audit the financial statements of the Company and its subsidiaries for fiscal year 2022; Approved on an advisory basis the compensation of the Company's named executive officers for 2021; Approved the amendment and restatement of the Company's 2015 Long-Term Incentive Plan; and Rejected a stockholder proposal related to the right to call special meetings. Directors of the Company re-elected to one-year terms on the Board were Phyll
Air Transport Services Group, Inc., (NASDAQ:ATSG) today announced the appointment of new presidents for two of its subsidiaries. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211222005342/en/Todd France, president of ATSG's aircraft maintenance subsidiary, Airborne Maintenance & Engineering Services, will become president of ATSG's aircraft leasing subsidiary, Cargo Aircraft Management, in April 2022. (Photo: Business Wire) Todd France, president of ATSG's aircraft maintenance subsidiary, Airborne Maintenance & Engineering Services, will become president of ATSG's aircraft leasing subsidiary, Cargo Aircraft Management, succeedin
Air Transport Services Group, Inc., (NASDAQ:ATSG) today announced the appointment of Trisha Frank to the role of Vice President of Government Programs. This expands her role, as she also is the leader of government programs at Omni Air International, a wholly owned airline subsidiary of ATSG. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210729005947/en/Trisha Frank has been appointed Vice President of Government Programs for Air Transport Services Group, Inc. (Photo: Business Wire) "ATSG has always been committed to providing the best possible service to U.S. government agencies," said Rich Corrado, president and chief executiv
New "Omni Class" creates 180 degrees of 360 luxury Omni Air International, a wholly owned subsidiary of Air Transport Services Group, Inc. (NASDAQ:ATSG), today unveiled "Omni Class," a new premium travel class billed as "180 degrees of 360 luxury," a reference to its lie-flat seating options and top-tier amenities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210623005141/en/Omni Air International has unveiled "Omni Class," a new premium travel class with a spacious cabin configuration. (Photo: Business Wire) "Omni Class is the most significant advancement in passenger comfort in our 28-year history," said Jeff Crippen, presid
Air Transport Services Group, Inc. (NASDAQ:ATSG) announced today that its subsidiary Airborne Global Leasing has signed leased agreements for two additional Boeing 767-300 converted freighter aircraft to My Freighter Cargo Airlines of Tashkent, Uzbekistan. The addition of these two aircraft will expand the airline's ATSG-leased fleet to five 767-300 freighters.
```html Recently, on June 7, 2024, insider Berger Michael L made a significant purchase of Air Transport Services Group Inc shares, acquiring $49,830 worth of stock, which amounted to 3,996 units at a price of $12.47 per share. This transaction increased his direct ownership by 4% to 103,705 units and was disclosed in the SEC Form 4 filing "Berger Michael L bought $49,830 worth of shares (3,996 units at $12.47), increasing direct ownership by 4% to 103,705 units (SEC Form 4)". When analyzing this insider purchase in conjunction with other recent transactions within Air Transport Services Group Inc, several patterns emerge that could provide insights into the company's prospects and the conf
TD Cowen analyst Helane Becker maintains Air Transport Services Gr (NASDAQ:ATSG) with a Buy and raises the price target from $16 to $18.
Susquehanna analyst Christopher Stathoulopoulos maintains Air Transport Services Gr (NASDAQ:ATSG) with a Neutral and raises the price target from $14 to $15.
Shares of Beyond, Inc. (NYSE:BYON) fell sharply during Tuesday’s session following weaker-than-expected quarterly results. Beyond posted adjusted loss of $1.22 per share, versus estimates for a loss of 87 cents per share. The company’s sales came in at $382.281 million versus estimates of $389.264 million, according to data from Benzinga Pro. Beyond shares dipped 20.8% to $17.34 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Golden Sun Health Technology Group Limited (NASDAQ:GSUN) shares gained 94.7% to $5.60. Golden Sun Health Technology Group regained compliance with Nasdaq continued listing requirement. MMTec, Inc. (NASDAQ:MTC) gained
Gainers Pineapple Energy (NASDAQ:PEGY) shares increased by 48.7% to $0.08 during Tuesday's regular session. The company's market cap stands at $7.1 million. Graphex Gr (AMEX:GRFX) shares moved upwards by 35.2% to $0.41. The market value of their outstanding shares is at $18.2 million. Gaucho Group Holdings (NASDAQ:VINO) stock rose 23.27% to $5.74. The market value of their outstanding shares is at $4.3 million. Great Lakes Dredge & Dock (NASDAQ:GLDD) stock rose 23.1% to $8.67. The company's market cap stands at $578.3 million. The company's, Q1 earnings came out today. Air Transport Services Gr (NASDAQ:ATSG) shares rose 14.56% to $15.18. The company's market cap stands at $997.0 million
U.S. stocks were higher, with the Dow Jones gaining over 80 points on Tuesday. Shares of Tempur Sealy International, Inc. (NYSE:TPX) rose sharply during Tuesday's session following upbeat quarterly earnings. Tempur Sealy reported a first-quarter FY24 sales decline of 1.5% year-on-year to $1.189 billion, missing the analyst consensus estimate of $1.213 billion. Adjusted EPS of 50 cents beat the analyst consensus of 48 cents, according to data from Benzinga Pro. Tempur Sealy International shares gained 6.6% to $53.48 on Tuesday. Here are some other big stocks recording gains in today's session. Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) shares jumped 31.5% to $9.26 fol
Air Transport Services Gr (NASDAQ:ATSG) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.11 by 45.45 percent. This is a 55.56 percent decrease over earnings of $0.36 per share from the same period last year. The company reported quarterly sales of $485.517 million which missed the analyst consensus estimate of $497.520 million by 2.41 percent. This is a 3.11 percent decrease over sales of $501.095 million the same period last year.
Key features of the new and amended agreements include:ATSG airlines to operate the initial ten Boeing 767-300 freighters provided by Amazon beginning in Summer 2024, with the potential to add up to ten more aircraft.Operating agreement extended to May 2029, with the option to extend for an additional five years.