ATSG looks ahead

In a presentation delivered at the Stifel, Nicolaus & Co Transportation & Logistics Conference, Air Transport Services Group (ATSG) Chief Executive Officer Joe Hete and Chief Commercial Officer Rich Corrado painted a picture of where the company is now, and also provided some information about near-term plans and a glimpse of some future possibilities. ATSG […]
  • David Harris
  • February 16, 2017

A new all-cargo carrier in China, another to follow

The Civil Aviation Administration of China (CAAC) said it would grant an air operator’s certificate (AOC) to Guangzhou-based China Air Cargo Corporation, unless there was a credible objection by 18 November. In early December of last year, we reported that the CAAC had granted initial approval to the establishment of the new all-cargo carrier, a […]
  • David Harris
  • November 7, 2016

China’s freighter fleet grows – and the pace is accelerating

Two themes that have featured heavily in the air logistics media recently are the lack of growth in air freight demand, and the shift of what volume remains from freighters to the bellies of the current generation of widebody passenger aircraft. Moving from air cargo news to worldwide political and economic news, the current big […]
  • David Harris
  • January 27, 2016

Full speed ahead for ATSG

Air Transport Services Group (ATSG) reported its third-quarter results, but the real news is what is coming next. The company reported third-quarter net income down 33.8% to $6.5 million, as net revenue from customers rose 2.8% to $142 million. At first glance, a one-third drop in net income might seem like either a poor performance, […]
  • David Harris
  • November 9, 2015

A new express operator in China

A new challenger is entering the ring in the battle for express air freight in Asia, as ATSG and Okay Airways join forces with three other players to create United Star Express Airlines. Last week we published an extensive analysis of Alibaba’s planned expansion from Chinese online shopping business to worldwide e-commerce giant, and the […]
  • David Harris
  • September 24, 2015