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Air Transport Services Group Inc (ATSG.OQ)

ATSG.OQ on NASDAQ Stock Exchange Global Select Market

21.97USD
24 May 2019
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Latest Key Developments (Source: Significant Developments)

ATSG Subsidiary LGSTX Services Acquires Trifactor Distribution Solutions
Tuesday, 5 Feb 2019 

Feb 4 (Reuters) - Air Transport Services Group Inc ::ATSG SUBSIDIARY LGSTX SERVICES ACQUIRES TRIFACTOR DISTRIBUTION SOLUTIONS.AIR TRANSPORT SERVICES GROUP INC - TRIFACTOR ACQUISITION IS EXPECTED TO BE ACCRETIVE TO ATSG'S EARNINGS STARTING IN 2019.  Full Article

Air Transport Services - Entered Amended & Restated Air Transportation Services Agreement With Amazon.Com Services
Friday, 21 Dec 2018 

Dec 21 (Reuters) - Air Transport Services Group Inc ::AIR TRANSPORT SERVICES GROUP - ON DEC 20, CO THROUGH UNIT ENTERED AMENDED & RESTATED AIR TRANSPORTATION SERVICES AGREEMENT WITH AMAZON.COM SERVICES.AIR TRANSPORT SERVICES - CO, AMAZON ENTERED INTO AN INVESTMENT AGREEMENT, AMENDED, RESTATED AGREEMENT IN CONJUNCTION WITH EXECUTION OF ATSA.AIR TRANSPORT SERVICES - ATSG, ASI TO EXTEND DURATION OF EXISTING LEASES FOR 12 BOEING 767-200 SERIES FREIGHTER AIRCRAFT FOR ADDITIONAL TERM OF 2 YRS.AIR TRANSPORT SERVICES - AGREEMENT CALLS FOR ATSG TO ISSUE ADDITIONAL WARRANTS IN MULTIPLE TRANCHES TO AMAZON.AIR TRANSPORT SERVICES GROUP INC - ATSG, THROUGH ITS UNIT, WILL LEASE 10 ADDITIONAL BOEING 767-300 SERIES FREIGHTER AIRCRAFT TO ASI.AIR TRANSPORT SERVICES - ATSG, ASI AGREED TO EXTEND DURATION OF EXISTING LEASES FOR 8 BOEING 767-300 SERIES FREIGHTER AIRCRAFT FOR ADDITIONAL 3 YRS.AIR TRANSPORT SERVICES - WARRANTS WILL GRANT AMAZON THE RIGHT TO ACQUIRE UP TO AN ADDITIONAL 20% OF ATSG’S OUTSTANDING COMMON SHARES.AIR TRANSPORT SERVICES - PREVIOUSLY ENTERED INTO AGREEMENT WITH AMAZON ON MARCH 8, 2016, PURSUANT TO WHICH ATSG AGREED TO ISSUE WARRANTS TO AMAZON.AIR TRANSPORT SERVICES - INITIAL TRANCHE OF ADDITIONAL WARRANTS GRANTS AMAZON A RIGHT TO PURCHASE APPROXIMATELY 14.80 MILLION ATSG COMMON SHARES.AIR TRANSPORT SERVICES - AMAZON ALSO HAS RIGHT TO PURCHASE 5.56 MILLION SHARES VESTING AS ATSG ENTERS INTO LEASE EXTENSIONS FOR 20 BOEING 767 AIRCRAFT.  Full Article

Air Transport Services Financing For Omni Air Deal From Cash
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Air Transport Services Group Inc ::AIR TRANSPORT SERVICES - FINANCING FOR OMNI AIR DEAL FROM CASH, AVAILABILITY UNDER REVOLVING CREDIT FACILITY,NEW SECURED TERM LOAN - SEC FILING.AIR TRANSPORT SERVICES - ON SEPT 17 ENTERED INTO DEBT COMMITMENT LETTER PURSUANT TO WHICH NEW LOAN WILL BE MADE PART OF EXISTING CREDIT AGREEMENT.AIR TRANSPORT SERVICES - EXPECTS TO AMEND CURRENT LOAN FACILITY TO INCREASE EXISTING ACCORDION BY $300 MILLION TO NEW TOTAL ACCORDION OF $400 MILLION.AIR TRANSPORT SERVICES GROUP - EXPECTS TO AMEND CURRENT LOAN FACILITY TO INCREASE ADDITIONAL DEBT BASKET TO $500 MILLION FROM $300 MILLION.  Full Article

Air Transport Services To Buy Omni Air International For $845 Mln
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Air Transport Services Group Inc ::AIR TRANSPORT SERVICES GROUP TO ACQUIRE OMNI AIR INTERNATIONAL.AIR TRANSPORT SERVICES GROUP INC - DEAL FOR $845 MILLION.AIR TRANSPORT SERVICES GROUP INC - COMPANY DID NOT ASSUME ANY DEBT IN CONNECTION WITH ACQUISITION.AIR TRANSPORT SERVICES GROUP INC - DEAL EXPECTED TO BE IMMEDIATELY ACCRETIVE TO ATSG'S ADJUSTED EARNINGS PER SHARE IN 2019.AIR TRANSPORT SERVICES GROUP - COMBINATION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO ATSG'S ADJUSTED EARNINGS PER SHARE IN 2019.AIR TRANSPORT SERVICES GROUP INC - COMBINATION WITH OMNI AIR IS ANTICIPATED TO ADD OVER $430 MILLION IN ANNUALIZED REVENUES TO ATSG.AIR TRANSPORT SERVICES GROUP - OMNI AIR WILL OPERATE AS SEPARATE SUBSIDIARY WITHIN ATSG UNDER JEFF CRIPPEN'S LEADERSHIP FROM OKLAHOMA, HEADQUARTERS.AIR TRANSPORT SERVICES GROUP INC - PLANS TO FUND ALL-CASH ACQUISITION OF OMNI AIR BY EXPANDING TERM LOAN UNDER ITS EXISTING CREDIT FACILITY.AIR TRANSPORT SERVICES GROUP - INVITATION HAS BEEN EXTENDED TO ROB CORETZ, CHAIRMAN, CO-FOUNDER, & FORMER CEO OF OMNI AIR, TO JOIN ATSG'S BOARD.  Full Article

ATI Pilots Ratify Amendment To Collective Bargaining Agreement
Wednesday, 21 Mar 2018 

March 21 (Reuters) - Air Transport Services Group Inc ::ATI PILOTS RATIFY AMENDMENT TO COLLECTIVE BARGAINING AGREEMENT.AIR TRANSPORT SERVICES GROUP INC - ‍AMENDED AGREEMENT EXTENDS FOR FOUR YEARS FROM DATE OF RATIFICATION​.AIR TRANSPORT SERVICES GROUP INC - TERMS OF AMENDED AGREEMENT WERE NOT DISCLOSED BY ATI.AIR TRANSPORT SERVICES - ‍EMPLOYEES OF UNIT RATIFIED AMENDMENT TO COLLECTIVE BARGAINING AGREEMENT BETWEEN ATI & AIR LINE PILOTS ASSOCIATION​.  Full Article

ATSG Signs New Boeing 767 Freighter Lease Agreement With Air Incheon
Thursday, 30 Nov 2017 

Nov 29 (Reuters) - Air Transport Services Group Inc ::ATSG SIGNS NEW BOEING 767 FREIGHTER LEASE AGREEMENT WITH AIR INCHEON AND DELIVERS THREE MORE DRY-LEASED 767 FREIGHTERS.AIR TRANSPORT SERVICES GROUP INC - SIGNING OF A NEW LEASE AGREEMENT WITH AIR INCHEON.  Full Article

Air Transport Services enters indenture related to issuance of notes
Saturday, 30 Sep 2017 

Sept 29 (Reuters) - Air Transport Services Group Inc :Air Transport Services Group - on Sept 29 co entered into indenture relating to issuance of notes with U.S. Bank National Association, as trustee.Air Transport Services Group says notes to bear interest at annual rate of 1.125% - SEC filing.Air Transport Services Group Inc - notes will be payable on April 15, Oct 15 of each year, beginning on April 15, 2018 & will mature on Oct 15, 2024.  Full Article

Air Transport Services Group Inc announces pricing of convertible senior notes
Tuesday, 26 Sep 2017 

Sept 25 (Reuters) - Air Transport Services Group Inc - :Air Transport Services Group, Inc announces pricing of offering of $225 million aggregate principal amount of convertible senior notes.Air Transport Services Group Inc - Priced $225 million in aggregate principal amount of 1.125% convertible senior notes due 2024 in a private offering.  Full Article

Air Transport Services Group says ‍entered into 2nd amendment to amended and restated credit agreement
Tuesday, 26 Sep 2017 

Sept 25 (Reuters) - Air Transport Services Group Inc :Air Transport Services Group Inc - ‍entered into a second amendment to amended and restated credit agreement on September 25, 2017​.Air Transport Services Group Inc - ‍amendment to indebtedness restrictions to permit an additional $150 million of general unsecured indebtedness​.  Full Article

Air Transport Services Group proposes offering of $200 mln of convertible senior notes
Monday, 25 Sep 2017 

Sept 25 (Reuters) - Air Transport Services Group Inc :Air Transport Services Group Inc Announces proposed offering of $200 million aggregate principal amount of convertible senior notes.Air Transport Services Group Inc Announces proposed offering of $200 million aggregate principal amount of convertible senior notes.Air Transport Services Group Inc - notes will bear interest semi-annually and will mature on October 15, 2024.Air Transport Services Group Inc - ‍intends to use a portion of net proceeds from offering to pay cost of convertible note hedge transactions​.Air Transport Services - intends to use remaining net proceeds from offering to repay portion of outstanding borrowings under $545 million revolving credit facility.  Full Article