ATSG Stock Forecast, Price & News (Air Transport Services Group)
Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing and air cargo transportation and related services in the United States and abroad. The Company offers aircraft, flight crew, aircraft maintenance, aircraft hull and liability and aviation fuel insurance; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services and aircraft line maintenance. It also provides equipment maintenance services; load transfer and parcel sorting services; crew training services; and air express carrier operations, line and heavy maintenance and ground handling services. The company’s ground handling services include labor and management for transferring and sorting cargo loads; design, installation and maintenance of handling equipment; rental and maintenance of ground support equipment; and general maintenance of facilities. In addition, it offers equipment installation and maintenance, vehicle maintenance and repair, jet fuel and de-icing services. In addition, the Company operates freight and passenger transportation businesses; resells and trades aircraft parts; and performs passenger-cargo and passenger-combi conversions of aircraft. It provides its services to delivery companies, freight forwarders, airlines, air transport, e-commerce, package delivery and logistics industries, as well as government clients. As of December 31, 2021, the company’s in-service aircraft fleet consisted of 107 owned aircraft and ten leased aircraft. The company was formerly known as ABX Holdings, Inc. Air Transport Services Group, Inc. was founded in 1980 and is based in Wilmington, Ohio.