Cujo665

64% increase in ATSG revenue this quarter over last year. None from anything Amazon related. Plus Omni is a cash cow.

not miserabex

Maybe I am missing something...

• Customer revenues were $334.6 million, up $131.0 million, or 64 percent.
Each of ATSG's principal business segments, aircraft leasing and air transport, reported higher revenues for the second quarter. Revenues from Omni Air International, which ATSG acquired in November 2018, were the largest contributor to the year-over-year revenue gain.


In December 2018, ATSG agreed to lease ten more Boeing 767-300 converted freighters to Amazon

I read that as ALL segments showed gains, including the Amazon sector (ten more planes). Also, of course Omni show the greatest increase as they only were acquired in November of 2018. They did not contribute anything to second quarter of 2018 as they had not yet become part of ATSG.
Made up numbers just to explain...
If each arm made 100 million last year and 110 million this year, the INCREASE is 20 Million. Omni was not part of ATSG last year so zero is the benchmark for Omni to ATSG for second quarter of 2018. They contributed 120 million this year so they are the largest contributor to the the INCREASE. The important statistic is NOT this year but NEXT year.
Yes, they are a money maker, much like the ATI combi's are money makers, Omni is that times 100... maybe that is why ATSG bought Omni?

Which brings up a good point... ABX is the ONLY carrier NOT allowed to carry pax. Atlas, Kalitta, ATI, Omni and even Southern can carry pax. Always nice to have a fall back if Amazon starts moving aircraft to other carriers... well, except ABX.

Yes, Amazon is a food fight. But ya' gotta' eat.
Can't we all just get along? (Rodney King)

goinaround

Kalitta can’t carry pax. Don’t believe Southern can either. Listen to Taylor.....you need to calm down. You’re being too loud.

not miserabex

Noted.
Do not see were I said anything that was not in a civil manor.
Never resorted to childish name calling when I could not reply with an intelligent answer.
Just asking questions and pointing out the obvious.
Just the same. I am open minded and will sit back and see if they ever answer my questions with something other than bag tag, and scab.
Thanks.

I stand corrected on the PAX thing. ABX is the only carrier under the ATSG umbrella that cannot carry PAX. Of the current Amazon carriers, Atlas and ATI can carry PAX. ABX and Southern do not have that option... though, from my understanding (which is probably wrong as I am not there), Southern will be rolled into Atlas at some point. I also doubt ATI will ever have a pax only aircraft. The feedstock is there but doubtful with Omni being set up to do that already. The sand box is big enough for all of us to play nicely and apart.

goinaround

Doubt it. Wait them out....they are old.

nitefr8dog

Ooooops....the scope cover the aircraft and DHL s#it. Aircraft on the ABX certificate cannot be transferred to a sister company. So doesn't look like an paint which was what you were talking about...transfering ABX aircraft to ATI. Yes all ATSG aircraft could be transferred to ATLAS or K4 or Southern etc. But not ABX to ATI or OMNI. What do you have? Also the DHL North American flying per scope in 767 is done by ABX except for one aircraft that was allowed when an ATI 757 will be down for maintenance. (which is conveniently all the time) .
Do you know anything about ABX scope or just guessing and hoping?

Lockheed

K4 can carry passengers
its in our op-specs

goinaround

Well there ya go....

not miserabex

This whole scope thing is so confusing...

So... take N714AX,
That was an ABX aircraft? A quick internet search shows that aircraft at ATI? I am confused how that happened. Does the scope not forbid that?

Ok... maybe isolated incident.
Wait... didn't CAM trade one of the 'tainted tails' for 255?

It has been explained to me, and it might be completely wrong, that scope letter has been interpreted to only include the specific tails that were at ABX on the day it was written? I think that was being argued and again, I am truly interested in the truth.


Really all ATSG has to do is swap out the tainted tails for ones that have never been at ABX. ATSG has enough that they can easily swap out all the tainted tails with other companies like Amerijet, UPS ...
Would that not make the 767 portion of the scope useless?
Now the DHL part is pretty clear and very smart on your part. Granted, you have to remember your fight is with ATSG, NOT ATI. ATI flies what ATSG gives them. Why be mad at ATI pilots when you should be venting at ATSG.

So, lets say ATI grew a set and held out for scope on all the Amazon flying. Would you applaud them for standing up and helping the cause while shutting ABX out?


Really, I am open minded here. See if you can explain this in a civil way without all the sh!t.

Convince me to side with you. I am open minded... are you?

These are serious questions. Convince me with an intelligent, civil debate.

nitefr8dog

I wish I cared if you agreed or sided with me ....but I don't. 714AX was never flown by ABX crews... on property but not flown. As far as swapped/traded/moved...it has happened 3 times I know of all with union approval and for the most part an advantage to ABX..(226 etops for 3 yrs of HNL flying was one). Others monitor this more closely than I do. Countless times (in writing) there have been requests to move aircraft...most have been denied. Also has to do with the retirement and ABX assets at the time of the stock being delisted. The aircraft are now on Cams Certicate just like ATI's and soon Omni's. But the PBGC considers the original ABX aircraft tied to the ABX retirement.