Air Transport Services Group (ATSG) has officially completed its acquisition by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. The deal, structured as an all-cash transaction, assigns ATSG an enterprise valuation of approximately US$3.1 billion, signaling a major move within the logistics and air transport sectors.
Cargo Aircraft Management, a subsidiary of Air Transport Services Group (ATSG), has announced its intention to fully redeem all $700 million in aggregate principal amount of its outstanding 2028 Notes. This financial maneuver is scheduled for April 11, 2025, and is subject to the successful completion of the merger between ATSG and Stonepeak Nile MergerCo.
Air Transport Services Group (ATSG) (US) has taken redelivery of its first Airbus A330-300P2F, serial 356, marking a milestone in the company’s expanding freighter fleet. The aircraft is set to be leased through ATSG’s subsidiary, Cargo Aircraft Management (CAM), which specializes in freighter leasing solutions.
Air Transport Services Group (US) (ATSG) has announced plans to increase its Airbus freighter leasing portfolio in 2025, preparing to introduce up to four A330-300P2Fs (Passenger-to-Freighter conversions) and five A321-200PCFs into its leasing program. This move underscores ATSG’s commitment to expanding its cargo aircraft offerings amid growing demand for converted narrowbody and widebody freighters.
Air Transport Services Group (ATSG) has reported its 2024 financial results, posting total revenue of $2.0 billionand a net income of $27.4 million. The company also recorded $517 million in revenue for Q4 2024, with a quarterly net income of $14.7 million. The results highlight ATSG’s stable financial position in the air cargo and leasing industry.
Air Transport Services Group (ATSG), a prominent U.S.-based provider of air cargo and leasing services, has entered into a definitive agreement to be acquired by investment firm Stonepeak in an all-cash transaction valued at approximately $3.1 billion. The deal, which is expected to close in the first half of 2025, will result in ATSG transitioning…
Air Transport Services Group (ATSG), a prominent provider of air cargo and aircraft leasing services in the U.S., is set to be acquired by Stonepeak, a leading investment firm, in a transaction valued at approximately $3.1 billion, including debt. This acquisition marks a significant expansion of Stonepeak’s presence in the aviation sector, particularly in cargo…
