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Old 05-27-2018, 01:53 PM   #21  
Gets Weekends Off
Joined APC: Apr 2007
Posts: 1,143

Originally Posted by woog315 View Post
You are 100% correct, but also Amazon doesn't own any of ATSG anyways- they have the right to purchase 19.9% at a set price, but have not exercised that right. Amazon has no current equity interest in ATSG. ATSG carries the value of those warrants on the books, which is what led to the 'fake loss' last Q when they revalued them to current market price (and also led to the filing that confused basically everyone- )

that filing DOES NOT mean Amazon owns shares.
Even if Amazon excersized the options...none of it matters anyway. I think the rumor is BS and Amazon will most likely divest themselves of any connection to ATSG when their Airline operation is up and running. All contract rumors.
nitefr8dog is offline