Air Transport Services Group, Inc. (NASDAQ:ATSG) today said that U.S. District Court Judge Timothy S. Black today issued an order granting ABX Air’s motion to convert a temporary restraining order into a preliminary injunction prohibiting work stoppages and other service interruptions of ATSG’s cargo airline subsidiary ABX Air, Inc. by ABX Air’s pilot employees represented by the Airline Professionals Association of the International Brotherhood of Teamsters, Local 1224 (IBT).
On November 23, 2016, Judge Black determined that disagreements between ABX Air and its pilots over work scheduling issues constitute a “minor dispute” and must be resolved under terms of the labor agreement between ABX Air and the union. The preliminary injunction effectively extends that order pending an as-yet unscheduled adjudication on a permanent injunction.
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
