ATSG

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

About ATSG

ATSG is a Transportation, Automotive & Logistics company based in Wilmington (United States) founded in 1980, and was acquired by Stonepeak in November 2024. A leading provider of aircraft leasing and air cargo transportation. It operates on a Managed Services and Direct-to-Consumer (D2C) model. The company has 5,333 employees. ATSG has completed 1 acquisition, including Omni Air International. Its website atsginc.com draws about 26 thousand monthly visits. ATSG offers products and services including Cargo Aircraft Management, Airborne Global Solutions, ABX Air, Air Transport International, and Omni Air International. Its focus areas include Transportation, Air Freight & Logistics and Air Cargo Services. Its legal entity is Air Transport Services Group, Inc. Its competitors include Air T and Masterpiece International.

Company details

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.

  • Headquarters Wilmington, United States
  • Employees 5,333
  • Stage Acquired
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website atsginc.com
  • Social LinkedIn X Facebook
  • Acquired by Stonepeak (Nov 2024)
  • Legal Name Air Transport Services Group, Inc.
Key Metrics
  • Annual Revenue
    $277.09 M (USD)
    1583
    as on Dec 31, 2024
  • Net Profit
    $27.43 M (USD)
    -55
    as on Dec 31, 2024
  • EBITDA
    $102.97 M (USD)
    -63
    as on Dec 31, 2024
  • Latest Funding Round
    $131.9M (USD), Post-IPO

    Mar 2021

  • Investors
    Amazon

    & 3 more

  • Employee Count
    5,333
  • Investments & Acquisitions
  • Acquired by
    Stonepeak

    (Nov 2024)

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.

Cargo Aircraft Management
Aircraft Leasing

Largest global lessor of Boeing 767 Freighters offered.

Airborne Global Solutions
Operating and Leasing Solutions

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

ABX Air
Air Cargo Transportation

Air cargo network capacity solutions are delivered efficiently.

Air Transport International
Charter Airline Services

Global charter airline services are provided on-demand.

Omni Air International
Charter Airline Services

Reliable charter airline services are offered anytime globally.

Funding Insights of ATSG

  • Total Rounds 6
  • Last Round Post-IPO β€” $131.9M
  • Investors Count 3

All 6 funding rounds of ATSG with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2021$131.9MPost-IPO––
May 2019$645MDebt – Conventional––
Oct 2017$258.75MPost-IPO––
–
May 2016$850MDebt – Conventional––
–
Mar 2016Post-IPO––
Aug 2012Post-IPO––
Valuation history

4 investors in total: 4 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment banking solutions are offered by Red Mountain Capital Advisors.
redmtncap.comLos Angeles, United States
Commercial banking services are offered to individuals and businesses.
1891suntrust.comAtlanta, United States
Multi-category products are offered through an online marketplace.
1994amazon.comSeattle, United States
A leading alternative investment firm specializing in infrastructure and real assets
2011stonepeak.comNew York, United States
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Investor details for ATSG

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People of ATSG

40 people are tracked at ATSG (19 in leadership, 6 in board & advisors, 15 in team); the tracked headcount is 5,333.

NameRoleGroup
Quint O. Turner
Chief Financial OfficerLeadership
Matt Fedders
Vice President, Corporate ControllerLeadership
Richard F. Corrado
CEO and PresidentLeadership
Aleksandr Bychkovsky
Director Of Continuous Improvement And Operational AnalysisLeadership
Edward J. Koharik III
Chief Operating OfficerLeadership
Kymberlee Parks
Marketing DirectorLeadership
Trisha Frank
Vice President, Government ProgramsLeadership
Cheryl Webb Cscp
Director Of SourcingLeadership
Peter V. Hilton
Director, Program Management OfficeLeadership
Paul Chase
Chief Commercial OfficerLeadership
Jisenia Black
Director Of AccountingLeadership
Lynn Blake
Tax DirectorLeadership
McGillivary David
Director Of TaxLeadership
Vicki Ertel
Executive Assistant To Chief Executive OfficerLeadership
Kym Parks
Marketing DirectorLeadership
Alex Thurmond
Director, Training And SafetyLeadership
Stu Weinroth
Vice President Commercial Operations & AcquisitionsLeadership
Shawn Bauman
Director Of Talent Acquisition & PlanningLeadership
Ernie Hayes
Vice President, Human CapitalLeadership
Raymond E. Johns Jr.
DirectorBoard & advisors

20 more people are available in the full profile.

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Investments & Acquisitions by ATSG

ATSG has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Omni Air International.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Charter, aircraft management, and airline startup services are provided.
oai.aeroTulsa, United States1993Oct 2018$845M
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Complete acquisition details for ATSG

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  • Exports

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Timeline of ATSG

6 dated milestones of ATSG across 44 years, from founding to its latest funding, stage changes and deals.

  1. Founded ATSG is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round.
  4. Acquisition Acquires Omni Air International.
  5. Funding Latest funding round, Post-IPO, of $131.9M.
  6. Exit Acquired by Stonepeak.

Competitors of ATSG

ATSG has 2 listed competitors in our database. They include Air T and Masterpiece International.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
airt.net1977Maiden, United States375
Air cargo transportation and aviation support services are provided.
masterpieceintl.com1989New York, United States201
Freight forwarding and logistics services are provided internationally.
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Detailed competitors of ATSG

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of ATSG

The website of ATSG (atsginc.com) receives about 25.6K visits a month.

  • Monthly visits
    25.6K

    ▲ 20% vs previous month

Similar websites

Websites whose visitors overlap most with ATSG. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
news.stocktradersdaily.com
news.stocktradersdaily.com
100%
#474,824–
google.com
50%
85.8B#1View details

Top companies in Freight Forwarders

3 companies that operate in the same segment as ATSG (Freight Forwarders) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Global online marketplace for freight and vehicle shipping is facilitated.
2003Austin, Texas, United StatesUSD 51.81 M
SaaS-based marketplace providing multi-modal freight transportation services
2012Miami Beach, Florida, United StatesUSD 92.71 MUSD 60.7 M243
Transportation and logistics services are provided by PAM.
1980Tontitown, Arkansas, United StatesUSD 598.06 M2,300
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Related news about Atsg

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Frequently Asked Questions about ATSG

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

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

ATSG has 5,333 employees.

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

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.

ATSG's top competitors include Air T and Masterpiece International.

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

ATSG has made 1 acquisition, including Omni Air International.

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

ATSG operates through Air Transport Services Group, Inc..

Yes. ATSG was acquired by Stonepeak in November 2024.

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