Tag Archives: Air Transport International
ATI keeps the Cargo Cargo livery alive in a modified version
ATI-Air Transport International (Little Rock) has apparently decided to keep the Capital Cargo International Airlines (Orlando) 2011 livery alive. Like the United Airlines-Continental Airlines merger, the surviving airline has adopted the color scheme of the airline that was closed down. The airline has not yet announced this decision.
Capital Cargo was merged into ATI-Air Transport International on March 11, 2013. Founded in 1995, Capital Cargo International Airlines (CCIA) was a FAA 121 Supplemental Air Carrier. The airline operated five Boeing 727-200 and three 757-200 freighters.
In April 2013 the pictured Boeing 757-2G5 (F) converted freighter was rolled out of the paint shop at Wilmington, Ohio in the Capital Cargo brand but now with ATI-Air Transport International Airlines titles.
The ATI version now includes red and dark blue stripes below the window line (above). The Capital Cargo version had a single red stripe (below).
Top Copyright Photo: Tony Storck/AirlinersGallery.com. This former National Airlines (5th) aircraft was previously operated as N151GX and never was operated on the Capital Cargo certificate. It was delivered to ATI on March 14, 2013.
ATI-Air Transport International:
Capital Cargo International Airlines:
Bottom Copyright Photo: TMK Photography. Former United Airlines Boeing 757-222 (F) N531UA (msn 25042) was the only 757 to wear the new 2011 color scheme with Capital Cargo. Notice the differences with the cheatlines. N531UA is pictured operating to Memphis.
This entry was posted in ATI-Air Transport International, Capital Cargo International Airlines and tagged 24451, 757, 757200, 757200F, 7572G5, Air Transport International, ATI, aviation, Baltimore/Washington, Boeing, Boeing 727-200, Boeing 757, Boeing 757200, Boeing 757200F, BWI, N752CX on July 9, 2013 by Bruce Drum.
ATSG reports 1Q net earnings of $8.5 million
Air Transport Services Group, Inc. (ATSG) (Wilmington, OH), the parent of ABX Air (Wilmington, OH) and ATI-Air Transport International (Little Rock and Wilmington, OH) reported consolidated financial results for the quarter ended March 31, 2013.
"We made a major investment in our combi business with the U.S. military, placed more of our Boeing 767 and 757 freighters with DHL, and completed the merger of two of our airlines during the first quarter," said Joe Hete, President and Chief Executive Officer of ATSG. "The results were significant increases in our net income and in our Adjusted EBITDA, compared with the year-earlier quarter. Our baseline business remains solid, and we are moving quickly to capture the rest of the $5 to $6 million in merger synergies we projected a few months ago."
For the first quarter of 2013, compared with first quarter 2012:
Revenues were $143.3 million, a decrease of 1.5%.
Total operating expenses were $126.9 million, down 3.7%, including a $3.8 million reduction in salaries, wages and benefits expense due in large part to reductions in airline related costs prior to the merger of Air Transport International and Capital Cargo International Airlines in March 2013.
Pre-tax income was $13.6 million, an increase of 26.5%.
Net earnings from continuing operations increased 27.6% to $8.5 million, or $0.13 per fully diluted share. Net earnings include a non-cash federal income tax provision. The company does not expect to pay significant federal income taxes until 2015.
First-quarter Adjusted EBITDA was $37.3 million, a 9.5% increase from $34.1 million in the same period of the prior year. This non-GAAP financial measure is defined and reconciled to comparable GAAP results in a table at the end of this release.
Capital expenditures totaled $59.4 million for the quarter, including the purchase of two 757-200 combi aircraft.
CAM (Aircraft Leasing)
CAM First Quarter
($ in thousands) 2013 2012 % Chg.
Revenues $ 38,969 $ 37,851 3.0
Pre-Tax Earnings 16,873 16,818 0.3
Fleet Developments:
On March 31, 2013, ATSG owned 47 aircraft in serviceable condition – 20 leased to external customers and 27 leased to ATSG affiliate airlines.
The in-service fleet consisted of forty-one 767 freighters, three 757 freighters and three DC-8 combis. A table reflecting aircraft in service is included at the end of this release.
On March 31, 2012, CAM owned 51 in-service aircraft, including thirty-nine 767s, three 757s, six DC-8s (two freighters, four combis) and three 727 freighters. All of the 727 and DC-8 freighters, one DC-8 combi and one 767 passenger aircraft have since been removed from service.
Three other aircraft – two 767-300s and one 757-200 – were undergoing passenger-to-freighter conversion as of March 31, 2013.
Four 757-200 combi aircraft, including one modified in 2012, one purchased in December 2012 and two purchased in January 2013, are completing certification requirements. They will enter service for the U.S. military as replacements for the three remaining DC-8 combis starting later this quarter.
ACMI Services
ACMI Services First Quarter
Airline services $ 94,892 $ 96,342 (1.5)
Reimbursables 18,159 16,853 7.7
Total ACMI Services Revenues 113,051 113,195 (0.1)
Pre-Tax Loss (5,404 ) (8,215 ) 34.2
Significant Developments:
Signed agreements with DHL in January for four additional freighters, including one 757 and three 767s, to replace the 727 freighters the company operated in DHL's U.S. domestic network.
Extended agreements for three 767s operating in DHL's network in the Mideast.
Airline-related headcount in the first quarter decreased approximately 26% compared with the beginning of 2012, principally as a result of combining ATI and CCIA operations prior to their merger in March.
Four 767 freighters leased from CAM were underutilized during the quarter.
Other Activities First Quarter
Revenues $ 26,254 $ 28,421 (7.6 )
Pre-Tax Earnings 2,181 2,001 9.0
Improved first quarter pre-tax earnings were driven by greater efficiencies and higher volumes at the U.S. Postal Service facilities we operate.
Copyright Photo: Tony Storck. The three remaining McDonnell Douglas DC-8s in service have been delayed in their retirements until later this year as newer aircraft come on line. A fine study of DC-8-62 (F) N41CX (msn 46129) arriving at Baltimore/Washington.
ABX Air:
ATI:
This entry was posted in ABX Air, Air Transport Services Group, ATI-Air Transport International and tagged 46129, ABX Air, Air Transport International, ATI, ATI-Air Transport International, Baltimore/Washington, Boeing 767, BWI, DC8, DC862, McDonnell Douglas, McDonnell Douglas DC8, McDonnell Douglas DC862, N41CX on May 9, 2013 by Bruce Drum.
The end of Capital Cargo International Airlines
Capital Cargo International Airlines (Orlando) is no more. The cargo airline was merged into ATI-Air Transport International (Little Rock) yesterday (March 11). Founded in 1995, Capital Cargo International Airlines (CCIA) was an FAA 121 Supplemental Air Carrier. The airline operated five Boeing 727-200 and three 757-200 freighters.
Parent Air Transport Services Group issued the following statement:
Air Transport Services Group, Inc. announced on March 11, 2013 the completion of the merger of two of its airline subsidiaries, Air Transport International, Inc. (ATI) and Capital Cargo International Airlines, Inc. (CCIA).
The merger creates a single airline, ATI, with its headquarters in Little Rock, Arkansas, its operations center in Wilmington, Ohio, and its management team led by ATI President ATSG President and CEO Dennis Manibusan. ATI currently operates 13 aircraft, including seven Boeing 767 freighters (five 767-200s and two 767-300s), three Boeing 757 freighters, and three DC-8 combi (combination passenger and main-deck cargo) aircraft. The three DC-8 combis are to be replaced soon with four Boeing 757 combis.
The Air Carrier Certificate for CCIA has been surrendered to the Federal Aviation Administration (FAA), and its aircraft leases and other assets transferred to ATI, following that agency's review and approval of the technical aspects of ATI's airline merger plan. Further, the economic authority for CCIA has been surrendered to the U.S. Department of Transportation (DOT) for cancellation.
ATSG President and CEO Joe Hete, President and CEO of ATSG, said completing the merger is an important milestone in an overall effort to make ATSG more profitable, and to better serve its customers.
"This merger is the most significant of a number of steps we are taking throughout ATSG to better fit our airline overhead and operating cost structures to the airline operations we have today, and expect to add in the future," Hete said. "Dennis Manibusan and his teams in each company have worked hard to complete this process, and I applaud their efforts. The larger scale and strength of the new combined ATI they have created will be better prepared to support ATI's customers, including DHL and the U.S. military, and attract new business in the months to come."
Top Copyright Photo: Dave Campbell. Boeing 727-223 (F) N708AA (msn 22465) approaches runway 9L at Fort Lauderdale-Hollywood International Airport. The freighter is painted in the final 2011 livery.
Bottom Copyright Photo: Capital Cargo International Airlines. Boeing 757-222 (F) N531UA (msn 25042) was the only 757 to wear the new color scheme.
This entry was posted in ATI-Air Transport International, Capital Cargo International Airlines and tagged 22465, Air Transport International, ATI-Air Transport International, aviation, Boeing, Boeing 727, Boeing 727200, Boeing 727200F, Capital Cargo, Capital Cargo International Airlines, FLL, Fort Lauderdale/Hollywood, N708AA, transportation on March 12, 2013 by Bruce Drum.
Air Transport International (ATI) to retire the last McDonnell Douglas DC-8 in early 2013
ATI-Air Transport International (Little Rock and Toledo) is planning to retire its last McDonnell Douglas DC-8 from its operations in early 2013. Parent Air Transport Services Group is acquiring three Boeing 757-200 combi aircraft to replace the remaining four ATI DC-8s in early 2013 via Cargo Aircraft Management (CAM). ATSG issued this statement:
Air Transport Services Group, Inc. said its aircraft leasing subsidiary has reached agreement with National Air Cargo Group, Inc., for the purchase of three Boeing 757-200 aircraft that have been modified for combi (combined passenger and main-deck cargo) service.
ATSG said it anticipates that its subsidiary, Cargo Aircraft Management (CAM), will take delivery of one of the three 757 combi aircraft in December 2012, and the other two in early 2013.
Joe Hete, President and CEO of ATSG, said, "The purchase of these three 757 combis from National, plus the one 757 combi we already own, will complete our commitment to replace our four McDonnell-Douglas DC-8 combis with more modern fuel-efficient aircraft that better meet the requirements of our principal combi customer, the U.S. Military's United States Transportation Command (USTRANSCOM). We look forward to providing USTRANSCOM with the improved operating performance and lower costs of the 757, as well as its greater passenger capacity. We are proud to be USTRANSCOM's sole combi operator, serving primarily remote installations around the world that rely on the combi's unique cargo and passenger transport capabilities."
The 757 combis have a 34 percent lower fuel burn, ten more passenger seats and the same number of cargo pallet positions as the DC-8 combis they will replace. The combis will be owned by CAM and leased to and operated by ATSG's airline subsidiary Air Transport International (ATI), under ATI's contract with USTRANSCOM. Along with the three aircraft, CAM is also purchasing a spare 757-200 engine and some ancillary aircraft equipment from National.
As part of its fleet modernization program, prior to ATI's latest combi contract award from USTRANSCOM that took effect in October 2012, CAM purchased a Boeing 757-200 for combi conversion. That aircraft is undergoing certification testing for the Federal Aviation Administration, and is due to complete that process and begin USTRANSCOM service early next year. All three of the National combis were designed and modified to meet or exceed the same FAA and USTRANSCOM requirements, including ETOPS (Extended-range Twin-engine Operational Performance Standards) certification essential for service to USTRANSCOM's combi destinations.
Upon the retirements of the four DC-8 combis, ATSG's fleet will consist entirely of 757-200, 767-200 and 767-300 aircraft, all of which require only two crew members, and which share a common pilot type rating.
ATSG noted that, as a result of its decision to acquire one of the 757 combis in 2012, it has adjusted its previously disclosed guidance for aircraft-related capital expenditures in 2012 and 2013 to approximately $170 million and $95 million, respectively.
ATSG, through its leasing and airline subsidiaries, is the world's largest owner and operator of converted Boeing 767 freighter aircraft. Through its principal subsidiaries, including three airlines with separate and distinct U.S. FAA Part 121 Air Carrier certificates, ATSG provides aircraft leasing, air cargo lift, aircraft maintenance services and airport ground services. ATSG's subsidiaries include ABX Air, Inc.; Airborne Global Solutions, Inc.; Air Transport International, Inc.; Cargo Aircraft Management, Inc.; Capital Cargo International Airlines, Inc.; and Airborne Maintenance and Engineering Services, Inc.
ATI Fleet Overview: CLICK HERE
Copyright Photo: Antony J. Best. McDonnell Douglas DC-8-73 (F) N602AL (msn 45991) arrives at Stansted Airport north of London.
This entry was posted in ATI-Air Transport International and tagged 45991, Air Transport International, ATI, ATI-Air Transport International, aviation, boeing 757 200 aircraft, Boeing 757-200, DC8, DC873, London, McDonnell Douglas, McDonnell Douglas DC8, McDonnell Douglas DC873, N602AL, Stansted, STN, transportation on December 19, 2012 by Bruce Drum.