Aug 5 (Reuters) - Air Transport Services Group Inc ::ATSG REPORTS STRONG SECOND QUARTER 2019 RESULTS.Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.27.Q2 LOSS PER SHARE $0.45.AIR TRANSPORT SERVICES GROUP - Q2 REVENUE $334.6 MILLION .Q2 REVENUE ESTIMATE $329 MILLION -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE ESTIMATE $0.24 -- REFINITIV IBES DATA.LOOK FORWARD TO GROWTH IN OUR OPERATIONS FOR DEPARTMENT OF DEFENSE.AIR TRANSPORT SERVICES - LOOK FORWARD TO FULFILLING SIGNED LEASE COMMITMENTS FROM AMAZON, UNITED PARCEL SERVICE IN 2019 FOR 10 CONVERTED BOEING 767 FREIGHTERS.IN 2020, WE EXPECT TO DEPLOY AT LEAST 10 MORE AIRCRAFT.CONTINUES TO PROJECT THAT ITS ADJUSTED EBITDA WILL INCREASE TO $450 MILLION IN 2019 FROM $312 MILLION IN 2018.AIR TRANSPORT SERVICES GROUP - COSTS TO PREPARE FOR HEAVIER SECOND-HALF FLIGHT SCHEDULES WILL CONTINUE TO AFFECT RESULTS FOR Q3, AS THEY DID IN SECOND.EXPECTS AIRCRAFT LEASE TRANSITIONING COSTS TO INCREASE IN Q3.MORE OF SECOND-HALF ADJUSTED EBITDA GROWTH IS EXPECTED TO OCCUR IN Q4 THAN IN Q3..CAPITAL EXPENDITURES ARE STILL PROJECTED TO BE APPROXIMATELY $475 MILLION IN 2019.CAPITAL EXPENDITURES PLAN INCLUDES PURCHASE OF SIX PASSENGER BOEING 767S IN SECOND HALF OF 2019.AIR TRANSPORT SERVICES - PROJECTS FAA APPROVAL BY MID-2020 OF CERTIFICATE APPLICATION TO PRODUCE A CONVERTED FREIGHTER VARIANT OF AIRBUS A321-200.EXPECTS TO INVEST $6 MILLION IN JOINT VENTURE WITH PRECISION AIRCRAFT SOLUTIONS IN SECOND HALF OF 2019.
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May 28 (Reuters) - Air Transport Services Group Inc ::ATSG’S BANK CREDIT FACILITY EXPANDS TO SUPPORT FLEET GROWTH.AIR TRANSPORT SERVICES - OBTAINED LENDER COMMITMENTS FOR A ONE-YEAR EXTENSION THROUGH MAY 2024 OF ITS SECURED CREDIT FACILITY.AIR TRANSPORT SERVICES - AMENDMENT INCREASES REVOLVING CREDIT PORTION OF FACILITY BY $100 MILLION TO $645 MILLION.AIR TRANSPORT SERVICES GROUP INC - EXERCISING ITS ACCESS TO ADDITIONAL CREDIT, WITH LENDER CONSENT, THROUGH AN ACCORDION FEATURE OF FACILITY.AIR TRANSPORT SERVICES GROUP INC - EXERCISE REDUCES ADDITIONAL CREDIT AVAILABLE UNDER ACCORDION FEATURE TO $300 MILLION FROM $400 MILLION..
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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