ATSG Q4 2024 Earnings Report
Key Takeaways
ATSG reported strong fourth quarter results, driven by continued momentum in CAM leasing and improved profitability in ACMI Services. The company placed its ninth converted 767-300 freighter and saw improved profitability in ACMI Services, operating all ten additional aircraft recently provided by Amazon. ATSG generated $228 million in free cash flow for the year and is on track to be acquired by Stonepeak in the first half of 2025.
Continued momentum in CAM leasing, placing ninth converted 767-300 freighter with external customer in November.
Improved profitability in ACMI Services, operating all ten additional aircraft recently provided by Amazon.
Sequential quarter improvements in both passenger and freighter hours flown.
Generated significant free cash flow, with a total of $228 million for the year.
ATSG
ATSG
Forward Guidance
ATSG will not hold an earnings conference call or provide forward-looking guidance this quarter due to the pending acquisition by Stonepeak. The company is working to complete the transaction in the first half of 2025 and continues to make progress toward completing all conditions to closing.