ATSG issues preliminary outlook for 2016 results

WILMINGTON, OH – January 26, 2017 – Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that its Adjusted EBITDA from Continuing Operations, as defined below, is expected to be approximately $7 million lower than indicated in its prior guidance for the fourth quarter and full year 2016. This reduction in guidance is due to the revenue loss resulting from a brief work stoppage in mid-November 2016 by pilots of its subsidiary ABX Air.

ATSG now expects 2016 Adjusted EBITDA from Continuing Operations for the fourth quarter and full year 2016 to be approximately $56 million and $211 million, respectively.