Air Transport Services Group, Inc. (NASDAQ:ATSG) today issued the following statement, which may be attributed to Quint Turner, Chief Financial Officer of ATSG:
“We have received notice that Teamsters Local 1224, an organization representing the pilot employees of our subsidiary ABX Air, Inc., has filed a request with the U.S. National Mediation Board for it to consider whether our two airline subsidiaries should be treated as one airline for purposes of collective bargaining. ATSG owns and operates two airlines with separate and distinct U.S. FAA Part 121 Air Carrier certificates, ABX Air and Air Transport International, Inc. ATSG believes that it is in the best interest of its airlines’ customers, including the United States military, our shareholders and our employees to continue to operate ABX and ATI as separate certificated carriers.”
About ATSG
ATSG is a leading provider of aircraft leasing and air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements. ATSG, through its leasing and airline subsidiaries, is the world's largest owner and operator of converted Boeing 767 freighter aircraft. Through its principal subsidiaries, including two airlines with separate and distinct U.S. FAA Part 121 Air Carrier certificates, ATSG provides aircraft leasing, air cargo lift, aircraft maintenance services and airport ground services. ATSG's subsidiaries include ABX Air, Inc.; Airborne Global Solutions, Inc.; Air Transport International, Inc.; Cargo Aircraft Management, Inc.; and Airborne Maintenance and Engineering Services, Inc. For more information, please see www.atsginc.com.
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Contacts:
Quint Turner, 937-366-2303
Chief Financial Officer
