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Air Transport Services Group, Inc. (ATSG)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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26.93+0.01 (+0.04%)
As of 10:33AM EST. Market open.
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  • B
    Bob
    Debt seems to be issue. But airplanes and conversion expensive. Yet assets are not idle. Almost all leased as soon as converted
  • G
    GERRY
    LOL, Go ahead take that money. I'm waiting for $30.00.
  • G
    GERRY
    Good report, should have a nice jump tomorrow. CC @ 10:00,Friday.
    I hate the way they have the CC the following day, it bites.
  • R
    Robert
    wow. AAWW knocked out of park
  • B
    Brian
    No followers of ATSG. I am surprised. I have held assorted amounts for many years. I used to post under humvee5000 handle. Any people still around from then? Presently I believe ATSG will continue to grow its top line and earnings each quarter. We have the possibility of them being completely bought out by Amazon but that in my humble opinion is far from assured. Their conversion of passenger planes into freighters is pure gold but the financial gain is partially hidden because they lease out the converted planes so the gains are spread out over the life of the leases.
  • G
    GERRY
    I love this, my broker info page has these 2 articles listed:
    Air Transport Services 4Q Loss $4.33M
    ATSG Reports Strong Fourth Quarter, 2018 Results
    Whats a guy to believe. ATSG is growing and I'm holding ... just saying.
  • G
    GERRY
    I missed the sale price of $24.65 the other day. I'm so mad.
  • W
    William Binckes
    Cargo Facts reporting that West Atlantic Group accepted what amounts to a takeover offer from Spain-based LUSAT Air S.L., the holding company that owns Aviation Leasing Spain, Cygnus Air, and Swiftair. ATSG owns 25% of Atlantic West. Might the takeover amount to an expansion of ATSG's footprint in the regions served by Atlantic West and LUSAT?
  • G
    GERRY
    Strong 2nd quarter earnings. Looking to add some more shares. Go ATSG.
  • D
    Dustin
    I've been looking into this company and trying to materialize in my mind how it's going to be an epic growth stock and I'm not convinced yet. Its an interesting model but I don't see this company invading all international regions. I'll look into it further though ...maybe I'm missing something.
  • N
    Nort from Hudson
    Revenues and earnings up big, why no extended hours trading?
  • N
    Nort from Hudson
    A finish above $25 today would be nice.
  • W
    William Binckes
    ATSG affiliate ATI will be flying two Atlas 767 freighters for AMZN. AMZN will continue to lease the freighters from Atlas - but AMZN wants ATI to fly them. This is proof that the major labor issues that the financial press sites regarding AMZN are chiefly with Atlas because Atlas has taken a very confrontational approach to its pilots. ATSG has a better relationship with the union that flies for AMZN than Atlas has with its pilots who fly for AMZN, Concerns about pilots at ATI have been overblown.
  • W
    William Binckes
    From what I gather there are about 240 ABX pilots. They are represented by Teamster Local 1224. 250 Local 1224 pilots were working for Omni Air around the time of the acquisition by ATSG.. The Omni pilots are the highest paid commercial pilots in the industry. Omni was very profitable. I don't see why some posters think that the ABX stalled labor contract talks are significant to the company's bottom line - especially since the vast number of leased freights are dry leased.

    ATSG needs to have a first in class stable pool of pilots to maintain its status as the first in class all-services provider for the mature and maturing carriers in the industry.
  • J
    JeffreyT
    Decline of share price seems excessive. Company still very profitable and continued trade bottlenecks likely to keep demand robust for the foreseeable future. Looks like a great opportunity, but the street has never taken a liking to ATSG..
  • r
    randy
    ATSG is part of the stay at home service economy that is doing well during the 2020 pandemic scare. Expect good solid earnings and continued business gains to be reported this quarter. Freight and government customer business is booming.
  • Y
    Yahoo Finance Insights
    Air Transport Services is up 5.02% to 25.93
  • W
    William Binckes
    It is not surprising that the junior analysts who cover ATSG don't see the current and near term future value of ATSG. Many of those junior analysts don't know that ATSG is not a competitor of FedEx or UPS. ATSG is in a different business. Many junior analysts, and some self proclaimed investment gurus, lack a fundamental understanding of what ATSG does. Many of the same junior analysts and self proclaimed investment gurus are less then diligent in their analysis of year-over-year performance as well.

    A first glaring miss on the part of many in the analyst community is that ATSG changed its accounting practices commencing with the Q1 of 2018. The company stopped including reimbursed costs as from the carriers that lease their planes and, in some cases, utilize their flight crews, as revenue beginning in Q1. Ergo, "revenues" appear to have declined while they have actually increased significantly when apples are compared with apples by comparing revenues for 2017 and 2018 without the revenue reimbursement of costs that were included as revenue through the end of 2017.
    Both Ex (Bob) and Eagledragon correctly point out that analysts have yet to include the Omni acquisition in projections. Maybe the analysts are behind the curve because the deal only recently closed. Maybe they haven't read the press release from the company that projects 40% increases in 2019 in earnings.
  • r
    randy
    Excellent earnings report - company in great shape and continued growth. Target price should be well north of 30 on this one.
    Bullish
  • Y
    Yahoo Finance Insights
    ATSG is up 4.93% to 25.13
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