Growth Opportunities Ahead For ATSG, Dahlman Rose Reports

Dahlman Rose believes that there are growth opportunities ahead at Air Transport Services Group, Inc. ATSG. “The current strategic plan is to grow revenues in the leasing division and in the ACMI division through the acquisition of aircraft, mostly the B767-300,” Dahlman Rose writes. “The B767-300 is more efficient and has a longer range than its similar B767-200. “Also, the B767-300 is an excellent regional aircraft for service to Latin and South America from the US, as well as to Europe and within Asia. Growth in this fleet should enable ATSG to drive higher revenues and earnings over the next two to three years.” Air Transport Services Group closed Tuesday at $7.87.