ATSG set to be acquired by Stonepeak
ATSG could follow in the footsteps of rival Atlas Air and delist, following news that ...
ZIM: SURGING ON TAKEOVER TALKEXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATETSLA: POWERING THE UKUPS: DRIVER DEAL EXTENSIONMAERSK: BEARS UPPING TARGETSCHRW: NEW HIGHS AND PAYOUT CONFIRMEDBA: GREEN LIGHTMAERSK: ONE UPGRADE AFTER ANOTHER FDX: STEADY YIELDCAT: DOWNSIDE RISKMAERSK: SOARINGMAERSK: CONGESTION RISK MAERSK: 'ACCELERATION OF GLOBALISATION'
ZIM: SURGING ON TAKEOVER TALKEXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATETSLA: POWERING THE UKUPS: DRIVER DEAL EXTENSIONMAERSK: BEARS UPPING TARGETSCHRW: NEW HIGHS AND PAYOUT CONFIRMEDBA: GREEN LIGHTMAERSK: ONE UPGRADE AFTER ANOTHER FDX: STEADY YIELDCAT: DOWNSIDE RISKMAERSK: SOARINGMAERSK: CONGESTION RISK MAERSK: 'ACCELERATION OF GLOBALISATION'
It comes as no surprise, but of the 20 aircraft ATSG is acquiring, 10 are indeed destined for Amazon, writes GeekWire. ATSG will now operate 30 aircraft for the e-tailer, out of Amazon Air’s now 50-strong fleet. Will Atlas Air also step up, and find more 767s to tempt the giant with? Presumably there a quite a few companies that would like a share of the staggering $21.7bn that Amazon spends on shipping…
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