A321-200

ATSG Reports Fourth Quarter and Full-Year 2023 Results

Retrieved on: 
Monday, February 26, 2024
Transport, Air, Aircraft, Regulation S-K, Depreciation, Regulation, Item, A321-200, Tax, PIN, ATSG, Investment, Airbus, Form 10-K, Air Transport Services Group, Crew, Boeing 767, Table, ACMI, Projection, Vâlcele, Covasna, CMI, Earnings, GAAP, Boeing, Public expenditure, EPS, Airline

Flying for the U.S. military decreased throughout the quarter, and fewer leased Boeing 767-200 freighters in service continued to affect results at our leasing segment.

Key Points: 
  • Flying for the U.S. military decreased throughout the quarter, and fewer leased Boeing 767-200 freighters in service continued to affect results at our leasing segment.
  • For the fourth quarter and full year, interest expense increased by $6 million and $17 million, respectively.
  • Revenue block hours for ATSG's airlines decreased 4% for the fourth quarter and 1% for 2023 over 2022.
  • ATSG will host an investor conference call on Tuesday, February 27, 2023, at 10 a.m. Eastern Time to review its financial results for fourth quarter and full year 2023, and its outlook for 2024.

ATSG Reports Third Quarter 2023 Results

Retrieved on: 
Monday, November 6, 2023
Transport, Air, Aircraft, Omni, Airbus, Adjustment, Continuous operation, Air Transport Services Group, DHL, Earnings, EBITDA, GAAP, Boeing 767, A321, PBC, Earnings before interest, taxes, depreciation and amortization, Tax, EPS, ATSG, A330, COVID-19, Depreciation, A321-200, Travel, Boeing, Airline, Bookkeeping, 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 third quarter ended September 30, 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 third quarter ended September 30, 2023.
  • However, both macro and operational pressures throughout the latter part of the quarter materially affected our results.
  • Pre-tax earnings were $12 million in the third quarter, down 51% versus the prior-year quarter.
  • ATSG is updating its full-year 2023 guidance as follows:

AerCap Delivers its First Airbus A321 Passenger-to-Freighter Converted Aircraft to IndiGo

Retrieved on: 
Tuesday, October 31, 2023
AER, Engineering, NYSE, Economics, A321, Fuel, AerCap, EFW, A321-200, ST, Airline, Airbus, IndiGo

DUBLIN, Oct. 31, 2023 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced it has delivered its first Airbus A321 Passenger-to-Freighter ("P2F") aircraft to IndiGo.

Key Points: 
  • DUBLIN, Oct. 31, 2023 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced it has delivered its first Airbus A321 Passenger-to-Freighter ("P2F") aircraft to IndiGo.
  • The aircraft conversion was completed by Elbe Flugzeugwerke GmbH ("EFW") before being delivered to IndiGo at ST Engineering Aerospace in Singapore.
  • "We are delighted to celebrate the delivery of AerCap's first A321 Passenger-to-Freighter aircraft with our longstanding customer, IndiGo.
  • "We are pleased that our customer, AerCap, the world's largest aviation lessor, has taken delivery of their very first Airbus freighter for its customer IndiGo," said Jordi Boto, CEO of EFW.

ATSG Completes Record Month of Freighter Deployments

Retrieved on: 
Monday, August 14, 2023
Transportation, Travel, Public Transport, Logistics, Supply Chain Management, Air, Aerospace, Transport, Manufacturing, Aircraft, SkyTaxi (airline), Boeing 767, Boeing, A321, A321-200, A330, ATSG, Raya Airways, Air Transport Services Group, Airbus, Cargojet, Airline

Converted freighter deliveries by the company in the past month, each of which are under lease for a term of seven years, include:

Key Points: 
  • Converted freighter deliveries by the company in the past month, each of which are under lease for a term of seven years, include:
    Two Airbus A321-200 delivered to Raya Airways of Malaysia, which also currently operates three Boeing 767-200 aircraft leased from CAM.
  • A Boeing 767-300 leased to Cargojet Airways of Mississauga, Canada, bringing the total number of their CAM-leased Boeing 767 freighters to four.
  • "We delivered six aircraft to operators in five countries in one month, demonstrating the success of our globalization strategy," said Paul Chase, chief commercial officer of ATSG.
  • "The global demand for our medium-widebody converted freighter aircraft has remained strong due to the continued expansion of global express and e-commerce markets.

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 Provides Outlook for Fleet Transitions in 2023 and Beyond

Retrieved on: 
Monday, February 6, 2023
Air, Transport, Logistics, Supply Chain Management, Aircraft, Public expenditure, A330, EASA, Boeing 767, DHL, Airbus, Tax, European Union Aviation Safety Agency, Boeing, CAM, Adjustment, Growth, Interest, Air Transport Services Group, Conference, ATSG, Depreciation, Stifel, A321-200, Airline, Amazon

Air Transport Services Group, Inc. (Nasdaq: ATSG) today provided outlook guidance for changes in its operating fleet of cargo aircraft.

Key Points: 
  • Air Transport Services Group, Inc. (Nasdaq: ATSG) today provided outlook guidance for changes in its operating fleet of cargo aircraft.
  • At the conference, ATSG will maintain guidance provided on November 3, 2022, for full-year 2022 Adjusted Earnings Before Interest, Taxes and Depreciation.
  • ATSG anticipates EASA approvals for the A321-200 design it developed via a joint venture before mid-year 2023.
  • I look forward to sharing our outlook for 2023 in more detail when we report our fourth-quarter 2022 earnings results in late February.”

Air Lease Corporation Announces Lease Placement of Five New Airbus A321-200 XLR Aircraft with LATAM Airlines

Retrieved on: 
Thursday, October 13, 2022
Air, Transport, Aerospace, Manufacturing, Airbus A350, U.S. Securities and Exchange Commission, XLR, Aircraft, Efficiency, ADR, A321-200, NYSE, A321, Security (finance), Dow Jones, Santiago Stock Exchange, Technology, Private Securities Litigation Reform Act, LATAM Airlines Group, LATAM, Economics, 787, OTC, Airbus A320neo family, Air Lease Corporation, ALC, AL, Boeing, Solution, Airbus, Airline, A319

Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for five new long-range Airbus A321-200 XLR aircraft with LATAM Airlines.

Key Points: 
  • Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for five new long-range Airbus A321-200 XLR aircraft with LATAM Airlines.
  • The aircraft are scheduled to deliver to LATAM starting in fall 2025 through 2026 from ALCs order book with Airbus.
  • We are pleased to announce this lease placement for five new long-range Airbus A321-200 XLRs with our airline customer based in Chile, LATAM Airlines, and be the first to introduce the XLR to the airline, said Steven Udvar-Hzy, Executive Chairman of Air Lease Corporation.
  • About Air Lease Corporation (NYSE: AL)
    Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.

Wings Announces Aircraft Acquisitions

Retrieved on: 
Wednesday, March 30, 2022
Other Transport, Other Manufacturing, Automotive, Air, Transport, Aerospace, Manufacturing, Logistics, Supply Chain Management, Fleet Management, Aircraft, A321-200, SMBC Aviation Capital, Boeing 737 MAX, International Society of Transport Aircraft Trading, GATS, Boeing, Senior, CrossHarbor Capital Partners, Wing, MAX, Partner, Aviation, Airbus, Acquisition, Partnership, Airline

Wings Capital Partners LLC (Wings) announced today the purchase of two narrowbody commercial aircraft, adding one Boeing 737-8 MAX aircraft and one Airbus A321-200 aircraft to its portfolio.

Key Points: 
  • Wings Capital Partners LLC (Wings) announced today the purchase of two narrowbody commercial aircraft, adding one Boeing 737-8 MAX aircraft and one Airbus A321-200 aircraft to its portfolio.
  • This transaction, coupled with other recent acquisitions, has added seven narrowbody aircraft to the Wings portfolio over the last two quarters.
  • Growing the Wings portfolio with high quality, young aircraft is a core tenet of our long term strategy, said Nicolas P. Stable, Senior Vice President, Head of Aircraft Transactions.
  • Wings Capital Partners LLC (Wings) is a private, full-service aircraft leasing platform primarily investing in single-aisle, in-production commercial jet aircraft on lease to airlines around the world.

Sine Draco Aviation Development Announces the Induction of the Prototype A321-200 SDF at Ascent Aviation Services for Passenger to Freighter Conversion

Retrieved on: 
Wednesday, October 13, 2021
Title 21 CFR Part 11, A321-200, FAA, Aviation, MRO, Engineering, Multimedia, Program, Industry, SDF, Technology, Certification, A321, CFR, Maintenance, CEO, View, Sine, Airline

NANCHANG, China and BELLEVUE, Wash., Oct. 13, 2021 /PRNewswire/ -- Sine Draco Aviation Development Ltd. ("Sine Draco") today announced the induction of the prototype A321-200 airplane at Ascent Aviation Services in Tucson, Arizona, for conversion from passenger to cargo configuration.

Key Points: 
  • NANCHANG, China and BELLEVUE, Wash., Oct. 13, 2021 /PRNewswire/ -- Sine Draco Aviation Development Ltd. ("Sine Draco") today announced the induction of the prototype A321-200 airplane at Ascent Aviation Services in Tucson, Arizona, for conversion from passenger to cargo configuration.
  • The Sine Draco A321-200 SDF passenger to freighter conversion offers the optimal economic solution for the next generation narrow body freighter.
  • "Induction of the Sine Draco prototype A321-200 SDF for conversion is a significant milestone for our program," says Sine Draco's Chief Executive Officer, Alex Deriugin.
  • Sine Draco provides a wide range of management, certification, technical, design and engineering services for the international commercial aviation industry.