Investment Case
Strong sustainable cash flows through economic cycles. More than 90% of EBITDA is derived from long-term aircraft leases, revenues from governmental sources not subject to trade disruption or cyclical GDP, and multi-year contracts for our airline operating services from customers who offer their own express and e-commerce-driven regional air networks.
Investment Highlights
- Unmatched mix of service for cargo and passenger markets
- Increased Revenue diversification with blue-chip customers
- Solid balance sheet and cash flows back value accretive capital allocation options
- Strong sustainable cash flow from aircraft lease portfolio and DoD contracts.
- Established feedstock supply and diversity of aircraft to support operations
Revenue By Segment
Revenue By customer
1â.Segment revenue before elimination of internal revenues and revenue by customer percentages are calculated based on 9M2019 results.
2đ.ATSG adopted Topic 606 revenue recognition rules on 1/1/2018. Revenues for 2015-2017 show revenues that would have been excluded if Topic 606 rule were in effect.