Rebound in passenger flights and returns from freighter leasing saw Nasdaq-listed Air Transport Services Group, Inc. (ATSG) report a 29 percent increase in revenue to $486 million and 18 percent increase in earnings to $50 million for the first quarter ended March 31, 2022.
"The businesses of ATSG are all operating at pre-pandemic levels with year-over-year gains in revenues and earnings from our airlines, led by Omni Air's passenger flying for military and commercial customers," says Rich Corrado, president and chief executive officer, ATSG
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