Air Transport Services Group, Inc. (NASDAQ:ATSG) said that pilot employees of its Air Transport International, Inc. subsidiary have ratified an amendment to the collective bargaining agreement between ATI and the Air Line Pilots Association, the company said.
The amended agreement extends for four years from the date of ratification. Terms of the amended agreement were not disclosed by ATI.
ATSG is a provider of aircraft leasing and air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements.
Through its principal subsidiaries, including two airlines with separate and distinct US 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.; and Airborne Maintenance and Engineering Services, Inc. including its division, PEMCO World Air Services, Inc.