Air Transport International

Pilots flying Amazon cargo say employer stalling contract talks

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MEMPHIS, Tenn. — The chair of the pilots’ union at Air Transport International, the largest air...

https://www.freightwaves.com/news/pilots-flying-amazon-cargo-say-employer-stalling-contract-talks

Labor 2023: A lot of noise but few strikes

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For all the hand-wringing about the potential for labor disturbances across multiple modes, the year...

https://www.freightwaves.com/news/labor-2023-a-lot-of-noise-but-few-strikes

ATI pilots seek federal mediation on stalled contract

Pilots at cargo airline Air Transport International, a large transport provider for Amazon Air, and parent company Air Transport Services Group last week asked the National Mediation Board to help broker stalled contract talks. The request comes nearly a month after union leadership representing FedEx pilots empowered itself to request a strike authorization vote from members. 

Richer pilot contracts could limit cargo airlines’ near-term profit margins, but wage increases will be phased in and...

https://www.freightwaves.com/news/ati-pilots-seek-federal-mediation-on-stalled-contract

Amazon investment strengthens partnership with cargo airline ATSG

A white Amazon Air jet with blue tail, side view on runway.

Amazon.com (NASDAQ: AMZN) has taken a minority stake in cargo airline Air Transport Services Group (NASDAQ: ATSG), strengthening a strategic partnership in its fast-growing private air network that supports e-commerce fulfillment.

ATSG said in an SEC filing Monday that Amazon for the first time exercised warrants it held, paying $131 million to take a 19.5% share in the Wilmington, Ohio-based aircraft leasing and aviation services company. 

Amazon is purchasing about 14.4 million shares in two...

https://www.freightwaves.com/news/amazon-investment-strengthens-partnership-with-cargo-airline-atsg

US hires cargo airline for international transport of vaccine supplies

A large white plane with red tail touches down on runway. ATI is lettering.

Air Transport International, the contract air cargo carrier that operates aircraft for customers such as Amazon Air and DHL Express, has received a $7.7 million order for transportation services in support of the national vaccine campaign known as Operation Warp Speed.

ATI will transport kitting materials — alcohol swabs, syringes, needles, saline solution, personal protective equipment — to multiple destinations through early March, Defense officials said in response to FreightWaves’ queries.

The...

https://www.freightwaves.com/news/us-hires-cargo-airline-for-international-transport-of-vaccine-supplies

E-commerce, pandemic charters boost ATSG’s Q2 revenues

A white jet parked on sunny day. Air Transport International released its earnings Wednesday.

Air Transport Services Group’s (NASDAQ: ATSG) adjusted pre-tax earnings increased 20% in the second quarter to $125.6 million, beating analyst estimates of $113 million, on the strength of expanded aircraft leasing and flying commitments related to e-commerce.

Adjusted earnings rose 74% to $32.5 million, or 47 cents per share, versus 27 cents per share in the 2019 period, according to the company’s financial results released after Wednesday’s market close. The adjusted per-share earnings beat...

https://s29755.pcdn.co/news/e-commerce-pandemic-charters-boost-atsgs-q2-revenues

The flying flexible people freighter: Meet the FlexCombi

A white Boeing 737 with blue tail sitting on tarmac on bright sunny day with big cargo door open. Pemco is converting these planes into freighters.

The combi-aircraft is the centaur of aviation. Like the mythological figure it’s a rare find, but it still serves a purpose in certain parts of the world.

Now Pemco Conversions, a subsidiary of aircraft leasing and cargo transport provider Air Transport Services Group (NASDAQ: ATSG), is taking the half-passenger, half-cargo concept to the next level.

The dual-use plane is called a FlexCombi — the ultimate in flexibility. 

It’s a Boeing 737-700 passenger plane converted to a cargo configuration,...

https://s29755.pcdn.co/news/the-flying-flexible-people-freighter-meet-the-flexcombi

US approves new Asia-Pacific route for DHL contract airline

A big white jet touches down on the runway, with smoke coming from wheels.

Air Transport International has begun flying a Boeing 767-300 converted freighter for DHL Express from Hong Kong to Sydney via Guam to support delivery of general express freight and relief supplies for the COVID-19 response in Australia.

Separately, sister airline ABX Air deployed a 767 cargo plane to support DHL’s air network between Chicago O’Hare International Airport to Cologne Bonn Airport in Germany via DHL’s U.K. hub at East Midlands Airport, parent company Air Transport Services Group...

https://s29755.pcdn.co/news/us-approves-new-asia-pacific-route-for-dhl-contract-airline

Airlines fight to exit ‘intensive care’

A white United Airlines plane in storage on tarmac.

Despite signs of modest improvement in passenger traffic and the lifting of many coronavirus restrictions, airlines aren’t relaxing efforts to shore up balance sheets and restructure in hopes of remaining solvent until demand returns in a meaningful way years from now.

Since Friday, several U.S. and international airlines have announced they are receiving more government assistance to stay afloat, implementing reorganization plans and laying off workers. Still, some airline executives are...

https://s29755.pcdn.co/news/airlines-fight-to-exit-intensive-care

Amid COVID outbreak, freighter demand boosts ATSG in Q1

Big white jet with wheels down for landing.

It’s much better to be a cargo than a passenger airline these days. The former has seen demand shoot through the roof; the latter’s business has fallen off a cliff.

Air Transport Services Group (NASDAQ: ATSG) delivered first-quarter operating profit of $133.7 million, or $2.27 per share, versus $22.6 million in the year-ago period on the strength of combined revenue growth of 12% for its aircraft leasing and air transport segments. That’s a good three months compared to passenger carriers that...

https://s29755.pcdn.co/news/amid-covid-outbreak-freighter-demand-boosts-atsg-in-q1

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