ATSG

Wilmington, United States Founded: 1980 • Age: 46 yrs Acquired By Stonepeak
A leading provider of aircraft leasing and air cargo transportation.
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About ATSG

ATSG is a company based in Wilmington (United States) founded in 1980 was acquired by Stonepeak in November 2024. It operates as a Managed Services, and Direct-to-Consumer (D2C). The company has 5,333 employees as of December 31, 2022. ATSG has completed 1 acquisition, including Omni Air International. ATSG offers products and services including Cargo Aircraft Management, Airborne Global Solutions, ABX Air, Air Transport International, and Omni Air International. ATSG operates in a competitive market with competitors including Hanjin Kal, Air T, Exolum, Kuayue Express and Masterpiece International, among others.

  • Headquarter Wilmington, United States
  • Employees 5333 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Air Transport Services Group, Inc.
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Key Metrics
  • Annual Revenue
    $277.09 M
    1583
    as on Dec 31, 2024
  • Net Profit
    $27.43 M
    -55
    as on Dec 31, 2024
  • EBITDA
    $102.97 M
    -63
    as on Dec 31, 2024
  • Latest Funding Round
    $131.9 M (USD), Post-IPO

    Mar 08, 2021

  • Investors
    Amazon

    & 3 more

  • Employee Count
    5333

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Stonepeak

    (Nov 04, 2024)

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Products & Services of ATSG

ATSG offers a comprehensive portfolio of products and services, including Cargo Aircraft Management, Airborne Global Solutions, ABX Air, Air Transport International, and Omni Air International. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Largest global lessor of Boeing 767 Freighters offered.

Cost-efficient medium wide-body freighter solutions are provided.

Air cargo network capacity solutions are delivered efficiently.

Global charter airline services are provided on-demand.

Reliable charter airline services are offered anytime globally.

People of ATSG
Headcount 50-200
Employee Profiles 34
Board Members and Advisors 6
Employee Profiles
People
Quint O. Turner
Chief Financial Officer
People
Matt Fedders
Vice President, Corporate Controller
People
Richard F. Corrado
CEO and President
People
Aleksandr Bychkovsky
Director Of Continuous Improvement And Operational Analysis

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Board Members and Advisors
people
Raymond E. Johns Jr.
Director
people
J. Christopher Teets
Director
people
Randy D. Rademacher
Director
people
Richard M. Baudouin
Director

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Funding Insights of ATSG

  • Total Funding
  • Total Rounds 6
  • Last Round Post-IPO — $131.9M
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2021 Amount Post-IPO - ATSG Valuation

investors

May, 2019 Amount Debt – Conventional - ATSG Valuation

investors

Oct, 2017 Amount Post-IPO - ATSG Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ATSG

ATSG has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Amazon, Stonepeak and SunTrust Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment banking solutions are offered by Red Mountain Capital Advisors.
Founded Year Domain Location
Commercial banking services are offered to individuals and businesses.
Founded Year Domain Location
Multi-category products are offered through an online marketplace.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ATSG

ATSG has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Omni Air International. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Charter, aircraft management, and airline startup services are provided.
1993
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ATSG

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Atsg Comparisons

Employees
+
Add Comparison
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Competitors of ATSG

ATSG operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hanjin Kal, Air T, Exolum, Kuayue Express and Masterpiece International, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Aviation services for passenger and freight transport are provided.
domain founded_year HQ Location
Air cargo transportation and aviation support services are provided.
domain founded_year HQ Location
Freight forwarding and logistics services are provided internationally.
domain founded_year HQ Location
Air freight services are provided by Kuayue Express from Shenzhen.
domain founded_year HQ Location
Freight forwarding and logistics services are provided internationally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Atsg

Frequently Asked Questions about ATSG

When was ATSG founded?

ATSG was founded in 1980 and raised its 1st funding round 32 years after it was founded.

Where is ATSG located?

ATSG is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.

How many employees does ATSG have?

As of Dec 31, 2022, the latest employee count at ATSG is 5,333.

What is the annual revenue of ATSG?

Annual revenue of ATSG is $277.09M as on Dec 31, 2024.

What does ATSG do?

Air Transport Services Group, Inc. is recognized as a leading provider of aircraft leasing and air cargo transportation. Services are offered through various subsidiaries focusing on freighter leasing, charter airline operations, maintenance, and training. The company operates in the air freight and logistics sector, managing a fleet of over 100 in-service aircraft, including Boeing and Airbus models. Solutions are provided for global cargo networks, with a specialization in Boeing 767 Freighters. Operations are supported by comprehensive maintenance and engineering services to ensure performance and quality.

Who are the top competitors of ATSG?

ATSG's top competitors include Hanjin Kal, DJ Mediaprint & Logistics and Kuayue Express.

What products or services does ATSG offer?

ATSG offers Cargo Aircraft Management, Airborne Global Solutions, ABX Air, Air Transport International, and Omni Air International.

How many acquisitions has ATSG made?

ATSG has made 1 acquisition, including Omni Air International.

Who are ATSG's investors?

ATSG has 4 investors. Key investors include Amazon, Stonepeak, SunTrust Bank, and Red Mountain Capital Advisors.

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