izanti

So far ATI has been awarded 4 lines of flying for DHL from CVG to LAX, MIA, JFK and PDX if memory serves me right. So far Schenker has only promised ATI these lines until the end of the year, from what Iv heared its the same for Cappy. The word is ATI has more charters than they know what to do with and they only seem to be expanding lately. Sorry to hear about the furloughs for the Cappy guys. When I heared TOL was getting shutdown I knew this wasnt good for CAP and I watched ATSG stock drop 30-40% overnight.

satpak77

what is the general sentiment regarding ATSG stock now ? Short it (believing it will go down) ? Buy it ? Stay away ?

izanti

Honestly I think the worst is over for now regarding ATSG price. If you didnt sell what you had in the last two weeks then you might as well hold onto it until the end of the year or till the end of August but for now it seems to be recovering in the last few days.

If you do own anything still I would watch it closely and if it starts heading back down or another new announcement comes out dump cargo that like you lost an engine and are overweight. I would suspect come the end of August we will see another big anouncment from ATSG regarding parking planes and once that revenue drops when Toledo shuts down the stock is going to dive again. Shortly after that it might be a good time to buy up some stock.

The rumors around the offices lately is possibly merging, I know others on here have disputed it but it might be a viable option to join the certificates of ABX, ATI and Capital. Or atleast move everyone into one building because right now all 5 companies are in different locations.

For now all we can do is hope ATSG finds new business, revokes those furlough notices, keep all the planes flying and not center an airlines business model entirly around one customer.