)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Air Transport Services Group
Air Transport Services Group (ATSG) investor relations material
Air Transport Services Group has been acquired
Air Transport Services Group Q4 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2024 earnings summary3 Mar, 2025
Executive summary
Fourth quarter 2024 revenue was $517 million, flat year-over-year, with GAAP EPS of $0.21 versus a loss of $0.24 in Q4 2023.
Adjusted EBITDA for Q4 rose to $162.2 million from $129.9 million, and free cash flow improved to $34.7 million from negative $65.5 million.
Full year 2024 revenue was $2.0 billion, down from $2.1 billion, with GAAP EPS of $0.40 compared to $0.82 in 2023.
Adjusted full-year EPS was $0.87, down from $1.46, and adjusted EBITDA was $549.4 million versus $561.6 million.
ATSG is being acquired by Stonepeak, with stockholder approval received and regulatory approval pending.
Financial highlights
Q4 adjusted pretax earnings were $39.8 million, up from $19.8 million; full year adjusted pretax earnings were $83.0 million, down from $146.7 million.
Q4 operating income was $41.8 million, up from $36.6 million; full year operating income was $127.8 million, down from $199.8 million.
Q4 net earnings from continuing operations were $14.7 million, compared to a loss of $15.6 million in Q4 2023.
Free cash flow for 2024 was $228.1 million, a significant turnaround from negative $111.8 million in 2023.
Segment performance
CAM leasing revenues fell 12% in Q4 and 6% for the year, with pretax earnings down 44% in Q4 and 46% for the year due to aircraft returns and lower maintenance revenue.
ACMI Services Q4 pretax earnings were $26 million, up from a $2 million loss, driven by additional customer-provided aircraft and higher rates; full year pretax earnings dropped to $1 million from $32 million due to reduced flying and higher costs.
CAM added nine 767-300 freighters in 2024, all placed with external customers; 14 CAM-owned aircraft were in or awaiting conversion at year-end.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Air Transport Services Group
Air Transport Services Group
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Air Transport Services Group Inc provides aircraft leasing, air cargo transportation, and related services to domestic and international clients. The company offers fleet services, including maintenance, repair, and charter operations for cargo and passenger aircraft. Air Transport Services Group serves logistics companies, airlines, and government agencies. The company is headquartered in Wilmington, Ohio, and its shares are listed on the NASDAQ.