ABX Air

TEAMSTERS PILOTS AT OMNI AIR VOTE OVERWHELMINGLY TO AUTHORIZE A STRIKE

Retrieved on: 
Thursday, February 8, 2024

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 ATI

Retrieved on: 
Thursday, January 25, 2024

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.

Key Points: 
  • 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.
  • (Photo: Business Wire)
    O'Grady served as President of ATI since January 2016.
  • Before joining the airline, he held management positions in other ATSG subsidiaries, including serving as Managing Director of Global Flight Source, a subsidiary of ATSG subsidiary Airborne Global Solutions.
  • O'Grady began his career with the company at ATSG subsidiary ABX Air in 1983.

ATSG Board of Directors Appoints Joe Hete as Chief Executive Officer

Retrieved on: 
Monday, November 6, 2023

Air Transport Services Group, Inc. (NASDAQ: ATSG), the global leader in medium wide-body freighter aircraft leasing, air operations, and support services, today announced that its Board of Directors has appointed Joe Hete, current Chairman of the Board and the Company’s former longtime Chief Executive Officer, as ATSG’s CEO, effective immediately.

Key Points: 
  • Air Transport Services Group, Inc. (NASDAQ: ATSG), the global leader in medium wide-body freighter aircraft leasing, air operations, and support services, today announced that its Board of Directors has appointed Joe Hete, current Chairman of the Board and the Company’s former longtime Chief Executive Officer, as ATSG’s CEO, effective immediately.
  • Hete is a well-known, highly respected pioneer in the global air freight industry and brings approximately 40 years of leadership experience in the space.
  • He previously served as CEO of ATSG from 2003 to 2020, and has been a member of ATSG’s Board since 2003.
  • Hete will be joined by Quint Turner, Chief Financial Officer, and Mike Berger, President, to discuss the quarterly results.

ATSG Directors Approve New $150 Million Share Repurchase Authorization

Retrieved on: 
Monday, November 28, 2022

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

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

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 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.

Baltimore/Washington International Thurgood Marshall Airport Selects Telos to Process Background Checks for Aviation Workers

Retrieved on: 
Tuesday, October 25, 2022

The DAC service enables submissions of workers biographic and biometric data to conduct background checks for individuals working in secure areas of U.S. commercial airports.

Key Points: 
  • The DAC service enables submissions of workers biographic and biometric data to conduct background checks for individuals working in secure areas of U.S. commercial airports.
  • We have streamlined the TSA-required aviation worker background check process, while upholding the high security and customer service standards at BWI.
  • Telos applies this TSA-accredited software-as-a-service platform to enable airports, air carriers, cargo carriers, and general aviation to perform identity and biometric-based background checks that mitigate insider threats to our nations aviation transportation infrastructure.
  • Airport (MSF), Phoenix Sky Harbor International Airport (PHX), Salt Lake City International Airport (SLC), Santa Barbara Airport (SBA), St. Pete-Clearwater Intl.

ATSG to Host Third Quarter 2022 Investor Conference Call

Retrieved on: 
Thursday, October 20, 2022

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.

ATSG Elects Jeffrey Dominick to Board of Directors

Retrieved on: 
Tuesday, September 27, 2022

Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that its Board of Directors has elected Jeffrey A. Dominick to the Board, effective September 26, 2022.

Key Points: 
  • Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that its Board of Directors has elected Jeffrey A. Dominick to the Board, effective September 26, 2022.
  • View the full release here: https://www.businesswire.com/news/home/20220927006063/en/
    Air Transport Services Group, Inc. today announced that its Board of Directors has elected Jeffrey A. Dominick to the Board.
  • He stepped down from the Board when he accepted a position as a Managing Director at Blackrock Inc., a stockholder of ATSG.
  • Joe Hete, board chairman of ATSG, said Dominicks return will restore his significant expertise in aircraft acquisition and freighter conversions to the Board.