Comparing the current results to its competitors, Air Transport Services Group Inc reported Revenue decrease in the 4 quarter 2024 year on year by -0.05 %, despite the revenue increase by the most of its competitors of 2.93 %, recorded in the same quarter.
Air Transport Services Group Inc achieved net profit of $14.71 millions compared to a net loss of $-15.59 millions recorded in the same quarter a year ago.
Air Transport Services Group Inc 's Comment on Competition and Industry Peers
The company's competitive environment varies by business segment. In aircraft leasing, competition is influenced by aircraft type, availability, and lease rates, focusing on cargo airlines and delivery companies requiring medium widebody and narrow-body aircraft. Competitors in this segment include AerCap Holdings N.V., Air Lease Corporation, and Altavair Aviation Leasing. In air transportation, key competitive factors include operating costs, fuel efficiency, geographic coverage, aircraft range, reliability, and capacity. Competitors in air transportation comprise Amerijet International, Inc., Atlas Air, Inc., Kalitta Air LLC, Northern Air Cargo, LLC, National Air Cargo Group, Inc., 21 Air, LLC, and Western Global Airlines, LLC. Atlas Air, Inc., National Air Cargo Group, Inc. (operating as National Airlines), and Eastern Airlines, LLC also operate passenger aircraft. Cargo airlines face competition from passenger airlines with significant belly cargo capacity. In the aircraft maintenance industry, competition centers on cost, capabilities, and quality reputation.
Publicly Traded Peers of Air Transport Services Group Inc
Aercap Holdings n v Share Performance
+0.53%
This Year
Aercap Holdings n v
Profile
Aercap Holdings N.V. operates as an aircraft leasing company. Their business model primarily involves acquiring, leasing, and selling commercial aircraft to airlines worldwide. They generate revenue by leasing their fleet to customers, which includes major airlines, while also providing services such as technical maintenance and aircraft management.
AAR Corp's business model centers around providing aviation services and solutions to customers worldwide. This includes aircraft maintenance, repair, and overhaul (MRO) services, aircraft leasing, and supply chain management for the aviation industry.
Air T Inc is a diversified holding company that primarily operates in two segments: the overnight air cargo segment, through its subsidiary Air T Worldwide, and the ground equipment sales and service segment, through its subsidiary Global Ground Support. It focuses on providing air transportation services and selling/maintaining ground support equipment, catering to various industries including airlines, ground handling companies, and airports.
Air Lease Corporation is a global aircraft leasing company that purchases new aircraft from manufacturers and leases them to airlines worldwide. Their business model is centered around long-term leasing agreements, providing their customers with a flexible and cost-effective solution for their fleet requirements. They generate revenues through lease rentals and sales of aircraft, maintaining a diverse portfolio of modern, fuel-efficient aircraft to meet the evolving needs of the commercial aviation industry.
Sources:
Air Transport Services Group Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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