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
United Parcel Service Inc Share Performance
+18.25%
One Year
United Parcel Service Inc
Profile
United Parcel Service Inc (UPS) operates as a global logistics company primarily focused on package delivery and supply chain management, leveraging a hub and spoke distribution model for efficiency. The company provides a diverse array of services, including freight forwarding, specialized transportation, and technology-driven logistics solutions tailored to meet the needs of businesses across various industries. Through a vast network of facilities and transportation assets, UPS enhances the movement of goods domestically and internationally, ensuring timely and reliable deliveries.
FedEx Corporations business model focuses on global courier and delivery services, providing transportation, e-commerce, and business solutions through a robust logistics network. The company emphasizes efficiency and timely package delivery to meet the needs of individuals and businesses worldwide.
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.
Forward Air Corporation operates as a transportation and logistics company that provides expedited less-than-truckload (LTL) services, including final mile, truckload, intermodal drayage, and pool distribution. They specialize in time-definite services primarily to the North American air cargo and freight forwarding industries.
Pitney Bowes Inc's business model centers around providing a range of services and solutions related to shipping, mailing, and ecommerce. They offer technology platforms, software, and logistic services to help businesses manage their mailing and shipping needs efficiently.
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.
For your research, we’ve provided 10 tables on Air Transport Services Group Inc versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
