Earnings Highlights and Financial Performance
Air Transport Services Group (ATSG), a major player in the aircraft leasing and air cargo sector, has announced impressive growth results for the second quarter of 2024. In an earnings call, CEO Mike Berger shared positive updates, particularly regarding their expanded partnership with Amazon, marking a promising trajectory for the year's financial health. ATSG plans to add an additional 10 aircraft to Amazon's fleet by the peak season, bolstering their total to 51 Boeing 767s. This step highlights their commitment to meeting the rising demands of e-commerce logistics.
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