Air Transport Services Group

Air Transport Services Group Inc.
Public
Traded as NASDAQ: ATSG
Industry Airlines
Headquarters Wilmington, Ohio, United States
Key people
Website www.atsginc.com

Air Transport Services Group (ATSG) is an American aviation holding company which provides air cargo transportation and related services to air carriers and other companies that outsource their air cargo lift requirements. ATSG subsidiaries include three cargo airlines with separate and distinct U.S. FAA Part 121 Air Carrier certificates. ATSG provides air cargo lift, aircraft leasing, aircraft maintenance services, airport ground services, fuel management, specialized transportation management, and air charter brokerage services.

ATSG announced on Dec 9, 2013 that it agreed to acquire a 25 percent equity interest in West Atlantic.[1]

In 2014, ATSG’s subsidiary Air Transport International (ATI) was cited by the USDA for several violations of the Animal Welfare Act (AWA) during a December 2014 transport of monkeys destined for laboratories in the United States. According to federal inspectors, the airline failed to provide the animals with food and water for more than 24 hours and transported the animals in insecure crates. In July 2014, ATI was cited for failing to provide food and water for monkeys for more than 32 hours and for transporting the animals in unsafe cages which left to one monkey bloodied with several cuts on his face. PETA has criticized the airlines calling the transport of monkeys to laboratories a “bloody industry”.[2][3]

In March 2016, ATSG announced an agreement to operate an air cargo network to serve Amazon.com customers in the United States including: the leasing of 20 Boeing 767 freighter aircraft by ATSG subsidiary Cargo Aircraft Management; the operation of the aircraft by ATSG airlines, ABX Air and Air Transport International; and gateway and logistics services provided by LGSTX Services. The 20 leases will be for five to seven years and operations agreements are for five years. ATSG will also granted Amazon warrants to soon buy 9.99% and up to 19.9% over a five-year period of ATSG common shares.[4]

Subsidiaries

References

  1. ↑ "ATSG Acquires Equity Interest in West Atlantic AB".
  2. ↑ Huang, Shaojie. "U.S. Charter Airline Cited for Neglecting Cargo of Macaques From China". Sinosphere. New York Times. Retrieved 28 January 2015.
  3. ↑ Moore, Mary (28 July 2014). "United States Department of Agriculture Inspection Report". USDA. Retrieved 28 January 2015.
  4. ↑ "ATSG, Amazon strike deal for next five years".

External links

This article is issued from Wikipedia - version of the Saturday, April 30, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.