Omni Air International

TEAMSTERS PILOTS AT OMNI AIR VOTE OVERWHELMINGLY TO AUTHORIZE A STRIKE

Retrieved on: 
Thursday, February 8, 2024
RLA, International Brotherhood of Teamsters, Omni Air International, ATSG, Defense, ABX Air, Civil Reserve Air Fleet, Railway Labor Act, Atmosphere of Earth, Airline, ACMI, Air Transport Services Group, Aircraft, CRAF

WASHINGTON, Feb. 8, 2024 /PRNewswire/ -- Omni Air International (Omni Air) pilots who are represented by the Airline Professionals Association-Teamsters Local 1224 voted to authorize a strike, with 100 percent of participating members voting in favor of the action. Today's strike authorization allows Teamsters Local 1224's leadership to call a strike on behalf of the pilot group, if necessary and when legally permitted under the Railway Labor Act (RLA).

Key Points: 
  • WASHINGTON, Feb. 8, 2024 /PRNewswire/ -- Omni Air International (Omni Air) pilots who are represented by the Airline Professionals Association-Teamsters Local 1224 voted to authorize a strike, with 100 percent of participating members voting in favor of the action.
  • "This overwhelming vote should be a clear wake up call to Omni's management team that enough is enough," said Captain Paul Rodell, a member of the Omni Air Pilots Executive Council.
  • Omni Air pilots have been in negotiations for an amended collective bargaining agreement for nearly three years.
  • Air Transport Services Group, Inc. (NASDAQ: ATSG) acquired Omni Air in 2018 and operates two other airlines, ABX Air, Inc. and Air Transport International, Inc.
    Omni Air's 350 pilots are represented by the Airline Professionals Association, Teamsters Local 1224, which represents pilots and flight crew members from five airlines operating across the country.

ATSG Announces New President of Airline Subsidiary Omni Air International

Retrieved on: 
Tuesday, July 18, 2023
Transport, Air, Aviation, US Airways, Air Transport Services Group, Ernest K. Warburton (US Air Force), ATSG, Omni Air International, Airline Transport Pilot, Corrado, Multimedia, Airline, Whaling

"David's contributions at Omni over the past five years cannot be overstated," said Rich Corrado, president and chief executive officer of ATSG. "His operational leadership -- particularly during the pandemic -- has been crucial to the airline's success. His industry knowledge and business acumen make him the ideal leader to guide Omni into the future."

Key Points: 
  • 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.
  • View the full release here: https://www.businesswire.com/news/home/20230718130797/en/
    David Ray has been named President of Omni Air International.
  • "David's contributions at Omni over the past five years cannot be overstated," said Rich Corrado, president and chief executive officer of ATSG.
  • Ray succeeds Dan Orcutt, a 26-year veteran of the US Air Force who served as president of Omni since 2021.

Mesa Airlines Names Andrew Lotter as Vice President of Flight Operations

Retrieved on: 
Tuesday, June 6, 2023
Omni, Mesa Air Group, Operation, Knowledge, MESA, Omni Air International, Mesa Airlines, Flight operations quality assurance, Melchior Lotter, Avelo Airlines, Airline

PHOENIX, June 06, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) - Mesa Airlines Inc., a wholly-owned subsidiary of Mesa Air Group, is pleased to announce the appointment of Andrew Lotter as the new Vice President of Flight Operations.

Key Points: 
  • PHOENIX, June 06, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) - Mesa Airlines Inc., a wholly-owned subsidiary of Mesa Air Group, is pleased to announce the appointment of Andrew Lotter as the new Vice President of Flight Operations.
  • Lotter brings over 25 years of aviation industry experience and has held several executive positions in operations including Chief Operating Officer at Avelo Airlines, President of Ameriflight and most recently Vice President of Operations at Omni Air International.
  • "We are excited to welcome Andrew to Mesa," said Michael Lotz, Mesa Air Group President.
  • He is a proven leader with a wealth of operational expertise and a passion for excellence.”
    "I am honored to be a part of Mesa Airlines and look forward to leading the flight operations team,” said Lotter.

ATSG Reports First Quarter 2023 Results

Retrieved on: 
Thursday, May 4, 2023
Air, Transport, Logistics, Supply Chain Management, Other Transport, Aircraft, Omni, Tax, Maintenance, Travel, Shareholder, Boeing 767, Boeing, Omni Air International, Continuous operation, Sustainability reporting, A321, A321-200, GAAP, A330, Sale, ATSG, EBITDA, PIN, Depreciation, Annual report, Air Transport Services Group, Earnings before interest, taxes, depreciation and amortization, Airbus, Growth, EPS, Adjustment, Earnings, Corrado, Airbus A330, ACMI, Airbus A321, Airline, Textile, Bookkeeping, Video game, Amazon

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 quarter ended March 31, 2023.

Key Points: 
  • 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 quarter ended March 31, 2023.
  • Pretax earnings were a loss of $2 million in the first quarter, versus earnings of $22 million in the first quarter of 2022.
  • ATSG continues to project 2023 capital spending of $850 million, including $260 million in sustaining capex and $590 million for growth.
  • ATSG will host an investor conference call on Friday, May 5, 2023, at 10 a.m. Eastern Time to review its financial results for the first quarter of 2023, and its outlook for remainder of the year.

ATSG Reports Record 2022 Revenues

Retrieved on: 
Thursday, February 23, 2023
Air, Transport, Logistics, Supply Chain Management, Other Transport, Omni, Aircraft, EBITDA, Airbus, Government Accountability Office investigations of the Department of Defense, ATSG, CAM, Continuous operation, Growth, Airbus A330, GAAP, Share repurchase, EPS, Investment, Boeing 767, Omni Air International, A330, Air Transport Services Group, Tax, Sale, Earnings before interest, taxes, depreciation and amortization, PIN, DHL, Corrado, A321-200, CMI, Depreciation, Earnings, ACMI, Airline, Bank, Bookkeeping, Air cargo, Lease, Video game, Maintenance, Adjustment, Insurance, Boeing

Shares repurchased in 2022, all in the fourth quarter, represented nearly 3% of the 74 million shares outstanding at the beginning of 2022.

Key Points: 
  • Shares repurchased in 2022, all in the fourth quarter, represented nearly 3% of the 74 million shares outstanding at the beginning of 2022.
  • Aircraft leasing and related revenues from external customers were up 3% for the fourth quarter and 17% for the year, reflecting the 2022 benefit of a full year of revenues from fifteen Boeing 767-300 freighters leased during 2021, plus partial-year revenues from six other 767-300s leased in 2022.
  • The Adjusted EBITDA and Adjusted EPS forecasts for 2023 assume:
    Fewer operating block hours for ATSG airlines in 2023 versus 2022 for both our cargo and passenger operations.
  • ATSG will host an investor conference call on Friday, February 24, 2023, at 10 a.m. Eastern Time to review its financial results for the fourth quarter of 2022, and its outlook for 2023.

ATSG Directors Approve New $150 Million Share Repurchase Authorization

Retrieved on: 
Monday, November 28, 2022
Logistics, Supply Chain Management, Air, Transportation, Transport, Travel, Aircraft, Omni, ABX Air, Air Transport Services Group, Employment, Transport, Boeing, Omni Air International, Maintenance, Atmosphere, Share repurchase, Atmosphere of Earth, Airline, ACMI, Car rental

Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced its Board of Directors has adopted a new common-share repurchase authorization in replacement for its largely exhausted prior authorization, allowing the Company, subject to specified conditions, to repurchase up to an additional $150 million of its common shares.

Key Points: 
  • Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced its Board of Directors has adopted a new common-share repurchase authorization in replacement for its largely exhausted prior authorization, allowing the Company, subject to specified conditions, to repurchase up to an additional $150 million of its common shares.
  • ATSG President and CEO Rich Corrado said, "ATSGs Board of Directors believes that share repurchases, when used effectively as one component of a carefully considered capital allocation program, are in the best interest of all shareholders of ATSG."
  • ATSG disclosed that it had resumed share repurchases during October 2022 under a previous Board authorization, acquiring approximately 1.6 million of its shares, or approximately 2% of those outstanding as of September 30, 2022.
  • The Boards share repurchase authorization does not require the Company to repurchase a specific number of shares, and the Board may terminate the repurchase program at any time.

ATSG to Webcast Investor Presentation at the Goldman Sachs 2022 Aircraft Leasing Conference

Retrieved on: 
Wednesday, November 23, 2022
Logistics, Supply Chain Management, Air, Transportation, Transport, Travel, Aircraft, Omni, Omni Air International, Air Transport Services Group, ABX Air, Airline, ACMI, Webcast, Maintenance, Conference, Government, Boeing 767, Goldman, Amazon, Atmosphere of Earth, Goldman Sachs, Transport, Atmosphere, DHL, Boeing, U.S. Department of Defense Strategy for Operating in Cyberspace

Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the 2022 Aircraft Leasing Conference presented by Goldman Sachs & Co. LLC in New York City at noon Eastern time on Thursday, December 1, 2022.

Key Points: 
  • Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the 2022 Aircraft Leasing Conference presented by Goldman Sachs & Co. LLC in New York City at noon Eastern time on Thursday, December 1, 2022.
  • The discussion will be led by Goldman Sachs securities analysts covering the aircraft leasing, airline, and logistics sectors.
  • The webcast and an accompanying slide presentation will be available via a link on the investor portion of ATSGs website, www.atsginc.com .
  • ATSG, through its leasing and airline subsidiaries, is the world's largest owner and operator of converted Boeing 767 freighter aircraft.

ATSG Selects Paul Chase as New Chief Commercial Officer

Retrieved on: 
Monday, November 21, 2022
Logistics, Supply Chain Management, Air, Transportation, Transport, Travel, Aircraft, Omni, Omni Air International, Air Transport Services Group, Airborne Express, Investment, ABX Air, Airline, ACMI, Orientation, Airborne, Maintenance, Chase, FedEx, University, Charter Oak State College, Atmosphere of Earth, Acquisition, Corrado, Transport, Atmosphere, United States Navy, Amazon Air, DHL, Growth, MBA, Boeing, UPS, TNT, Southern Air, CCO, Berger, Management, Ameriflight

Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that Paul Chase, an experienced air cargo industry executive, will assume Mike Bergers responsibilities as Chief Commercial Officer when Berger transitions to Chief Strategy Officer, effective December 5, 2022.

Key Points: 
  • Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that Paul Chase, an experienced air cargo industry executive, will assume Mike Bergers responsibilities as Chief Commercial Officer when Berger transitions to Chief Strategy Officer, effective December 5, 2022.
  • Chase will assume responsibility for sales, marketing strategy and execution for the ATSG family of companies.
  • Berger has accepted the newly created position of Chief Strategy Officer, responsible for the analysis and development of new ventures consistent with ATSGs global business strategy.
  • ATSG, through its leasing and airline subsidiaries, is the world's largest owner and operator of converted Boeing 767 freighter aircraft.

ATSG to Webcast Investor Presentation at the 2022 Stephens Annual Investment Conference

Retrieved on: 
Tuesday, November 8, 2022
Air, Transport, Logistics, Supply Chain Management, Transportation, Travel, Other Transport, Aircraft, Omni, Atmosphere, Amazon, Central, Webcast, Transport, DHL, ABX Air, Airline, ACMI, LLC, Boeing, Maintenance, Conference, Air Transport Services Group, Nasdaq, Atmosphere of Earth, U.S. Department of Defense Strategy for Operating in Cyberspace, Omni Air International

Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the Stephens Annual Investment Conference in Nashville, Tennessee, on Tuesday, November 15, 2022, at 8 a.m. Central time, 9 a.m. Eastern.

Key Points: 
  • Air Transport Services Group, Inc. (Nasdaq:ATSG) today announced that it will make a webcast presentation at the Stephens Annual Investment Conference in Nashville, Tennessee, on Tuesday, November 15, 2022, at 8 a.m. Central time, 9 a.m. Eastern.
  • The webcast will feature a fireside chat discussion of ATSGs performance and outlook, led by Stephens transportation analyst Jack Atkins.
  • The webcast will be available via a link on the investor portion of ATSGs website, www.atsginc.com .
  • A replay of the webcast presentation will be available via the same site for 30 days.

ATSG to Host Third Quarter 2022 Investor Conference Call

Retrieved on: 
Thursday, October 20, 2022
Air, Transport, Logistics, Supply Chain Management, Transportation, Travel, Other Transport, Aircraft, Omni, Omni Air International, ACMI, Maintenance, Transport, Conference, Atmosphere of Earth, Airline, 767, LLC, NASDAQ, Air Transport Services Group, ABX Air, PIN, Conference call, Atmosphere, Boeing

Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Friday, November 4, 2022, at 10 a.m. Eastern time to review its financial results for the third quarter ended September 30, 2022.

Key Points: 
  • Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call on Friday, November 4, 2022, at 10 a.m. Eastern time to review its financial results for the third quarter ended September 30, 2022.
  • The company will issue its third quarter 2022 earnings release on Thursday, November 3, 2022, after the stock market closes.
  • Conference call participants must register via this link , which is also available at ATSGs website, www.atsginc.com under Investors and Presentations.
  • ATSG, through its leasing and airline subsidiaries, is the world's largest owner and operator of converted Boeing 767 freighter aircraft.