DALLAS, April 1, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Air Transport Services Group Inc. (Nasdaq:ATSG). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: http://www.stockpreacher.com/n/ATSG
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Air Transport Services Group Inc. (ATSG) is a holding company whose principal subsidiaries include three independently United States-certificated airlines and an aircraft leasing company. The three airlines, ABX Air, Inc. (ABX), Capital Cargo International Airlines, Inc. (CCIA), and Air Transport International, LLC (ATI), primarily transport cargo within the United States and include operations in Europe, Central America, South America, and Asia. ATSG's leasing subsidiary, Cargo Aircraft Management, Inc. (CAM), leases aircraft to ATSG's airlines and to external customers. During the year ended December 31, 2008, the Company operated three segments: DHL, ACMI Services and CAM. The Company's other business operations include aircraft maintenance and modification services, aircraft part sales, equipment leasing and maintenance, mail handling for the United States Postal Service (USPS), specialized services for aircraft fuel management and freight logistics.
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In the report, the analyst notes:
"ATSG's fourth-quarter revenues from continuing operations were $250.5 million in 2009, compared with $257.0 million in 2008. Revenues from continuing operations for the full year 2009 were $823.5 million, compared with $941.7 million in 2008.
"ATSG recently announced that its subsidiary ABX Air has signed a new five-year deal to continue providing aircraft and operating support to DHL's international logistics network in the U.S. … ATSG subsidiary Cargo Aircraft Management also signed an agreement, a seven-year lease agreements with DHL, covering 13 Boeing 767 freighter aircraft, including four aircraft on which DHL held an option to lease under an agreement struck in June 2009."
To read the entire report visit: http://www.stockpreacher.com/n/ATSG
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