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Airlines M&A image Airlines M&A » By The Online Investor Staff, updated Fri., Mar. 29, 10:38 AM Recent mergers and acquisitions in the Airlines M&A category.

Slide #13. Air Transport Services Group, Inc. Equity Interest in West Atlantic AB

Acquirer: Air Transport Services Group, Inc. (NASDAQ:ATSG)
Acquiree: Equity Interest in West Atlantic AB
Details: Air Transport Services Group, Inc. (NASDAQ:ATSG), today announced that it has agreed to acquire a 25 percent equity interest in West Atlantic AB of Gothenburg, Sweden.

Air Transport Services Group is a holding company. Through its subsidiaries, Co. provides aircraft leasing and contracted airline operations as well as other support services mainly to the air transportation, e-commerce and package delivery industries. Co. has two reportable segments: Cargo Aircraft Management Inc., which includes the leasing of aircraft and aircraft engines, and ACMI Services, which includes the cargo and passenger aircraft flight operations of its three airlines. Co. also provides a range of air transportation related services to its customers including aircraft maintenance and modification, ground support and crew training.

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Company Name:  Air Transport Services Group, Inc.
Stock buyback:  ATSG buyback
Website:  www.atsginc.com
Sector:  Airlines
Number of ETFs Holding ATSG:  30
Total Market Value Held by ETFs:  $116.56M
Total Market Capitalization:  $906.00M
% of Market Cap. Held by ETFs:  12.87%
 

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March 29, 2024    10:38 AM Eastern
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Buy (3.33 out of 4)
49th percentile
(ranked lower than approx. 51% of all stocks covered)

Analysts' Target Price:
ATSG Stock Forecast

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