News / Record 2019 results from bullish ATSG as it eyes an expanded 767 fleet

An A321 being converted

A confident ATSG has reported record results, and is anticipating another strong year as it increases its 767 fleet.

However, it was at pains to stress to investors it was not a normal airline company and unlikely to be significantly affected by the impact of coronavirus.

It said that its adjusted ebitda will increase to a range of between $487m and $492m this year, from $452m in 2019 (up 45% from 2018).

Last year saw ATSG increase revenues by 62.7%, to $1.4bn, with ...