News in Brief Podcast | Week 18 | Transpac chaos and Q1 earnings
In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone ...
The high cost of landing the Amazon Prime Air contract did not stunt ATSG’s growth in the first half, as it recorded a near-doubling of revenues and increased EBITDA of 17%.
Revenues for the six months to June were up $137.2m (or 38.7%) year-on-year, to $491.1m, while EBITDA reached $121m compared with $103.8m in 2016.
However, charges totalling $67.8m for the warrants granted last year relating to operating and lease agreements with Amazon, led to a net earnings loss of $43.7m.
But steep trajectory ...
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