CEO out as ATSG puts brakes on 767-300F conversions
Company tempered growth expectations, as Corrado is replaced
ATSG is slowing its 767-300ER conversions as it tries to cut capital expenditures and adjust its business strategy under the guidance of new Chief Executive Joe Hete. “We are introducing no additional 767-300s for conversion beyond the seven currently in process,” Hete said in today’s earnings call. ATSG forecasts $505 million in capital expenditures in […]
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