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About
Air Transport Services Group, Inc. engages in the provision of airline operations, aircraft leases, aircraft maintenance and other support services primarily to the cargo transportation and package delivery industries. It operates through two segments: ACMI Services and CAM . The ACMI Services segment includes the cargo transportation operations of its three airlines. The CAM segment consists of the company's aircraft leasing operations and its segment earnings includes an allocation of interest expense based on aircraft values. Its other business operations, which primarily provide support services to the transportation industry include aircraft maintenance; aircraft part sales, ground equipment leasing and mail handling services. The company was founded on April 16, 1980 and is headquartered in Wilmington, OH. | |||
Description
Air Transport Services Group, Inc., through its subsidiaries, provides aircraft leasing, airline operations, and aircraft maintenance and other support services to the air cargo transportation and package delivery industries in the United States and internationally. The company owns and leases cargo aircraft, such as Boeing 767, 757, and 737 aircraft to airlines and other customers. It also provides airline operations to delivery companies, airlines, freight forwarders, and the U.S. Military, as well as operates charter agreements. In addition, the company offers support services comprising flight crew training, flight simulator rental, and aircraft line maintenance services; aircraft maintenance, repair, and overhaul, as well as insurance services; resale and brokerage of aircraft parts; material handling and ground equipment maintenance, and ground equipment rentals for aircraft support; and aircraft dispatch and flight tracking services, as well as operates mail and package sorting facilities. As of December 31, 2016, the company owned and operated a fleet of 59 cargo aircraft, including 35 Boeing 767-200 aircraft, 16 Boeing 767-300 aircraft, 4 Boeing 757-200 aircraft, and 4 Boeing 757 combi aircraft. The company was formerly known as ABX Holdings, Inc. The company was founded in 1980 and is headquartered in Wilmington, Ohio. |