Wait... What's the difference between company emails and phishing?🤣

The emails from the Nigerian Prince might be legitimate.

Even though I'm with another subsidary, I've gone into the email websever and created a rule to kill those emails before they ever get to my inbox. Can't take the repetative charm and stupidity of those 'leaders'.

Based on the ATSG 4th quarter earnings call in today, Joey Hete has no real plan for growth. Only cost cutting as a control for poor management decisions. I also hear another senior Checkairman and a retired pilot instructor have left the training department, and 4 B-777 Captains are leaving in March with NO upgrade bids being posted. A slow "death do us part" vow for those who stay, and "you were warned" to those that come into this relationship.

From the earnings call I read it sounds like OAI was the only one that, albeit "down", didn't start eyeing the drain like a hot date.

Per ATSG website:

Fourth Quarter Results
• Revenues $517 million, down 3%
• GAAP Loss per Share (basic) from Continuing Operations $0.24, down $0.82
• GAAP Pretax Loss from Continuing Operations $15.6 million, including $24.4 million non-
cash settlement expense associated with the partial termination of a pension plan
• Adjusted Pretax* Earnings $19.8 million, down 69%
• Adjusted EPS* $0.18, down $0.35
• Adjusted EBITDA* $129.9 million, down 20%

• Including $24.4 million non-cash settlement expense associated with the partial termination of a pension plan

https://www.atsginc.com/investors/ne...-presentations

Cheers

It's hard to believe that Omni hours were down last year.

Upgrade?
 

I'm guessing there will be 0 upgrade classes in 2024... and maybe longer??
8 B-777 captains have left this year already but not a single upgrade class; and I think similar numbers on the 767 fleet.

Should those of us interested in the left seat look elsewhere or hold out hope?

Its hard to say, things change so fast in this industry, it really is a rollercoaster. Today things are down, tommorow they cant fill the left seat fast enough, or they forcefully upgrade. Who knows. Check again tommorow!