Originally Posted by
wjcandee
On another front, ATI got a nice award today for 767-200 military cargo flying, and a separate award for the Combi flying. These took the form of "task orders" and so are specific commitments by the military. Indeed, the ATI task order for the 757 combi flying was about $10 million higher than the total award to Omni for all military flying, which seemed odd. I was trying to see what Omni's total military flying was last year in dollar volume for comparison.
Most recent stockholders annual report showed Omni with $63M in direct revenue and another 10 yr averaged $14M intangibles customer revenue for 2018. That included programs other than DoD as well as ad-hoc . Based on a roughly 50% increase in pilot staffing and adding 3 more 767’s I’d say they’re growing.
I’m no expert at deciphering 10k’s or detailed annual reports so it’s possible I’m misreading it. It’s on page 59
https://www.atsginc.com/docs/investor/2018/10k2018.pdf