ATSG to Host Third Quarter 2023 Investor Conference Call

Air Transport Services Group, Inc. (NASDAQ:ATSG) today announced that it will host an investor conference call to review its third quarter 2023 financial results on Tuesday, November 7, 2023, at 10:00 a.m. Eastern Time. The company will release its results after close of market on Monday, November 6, 2023.

Conference call participants must register in advance via a link in the Events & Presentations section of ATSG's website, www.atsginc.com. Slides that accompany management's discussion may be accessed from the site shortly before the start of the call.

Listen-only access to a webcast of the call, including slides, will be available via a separate link on ATSG's website. A replay of the webcast will be made available at the same link after the conclusion of the call.

During the call, management may reference information that was presented during the company's recent Investor Day webcast on September 27, 2023. A replay of the webcast, along with presentation slides shown during the event, are available via links in the Events & Presentations section of ATSG's website, www.atsginc.com.

About Air Transport Services Group

ATSG is a leading provider of aircraft leasing and cargo and passenger air transportation and related services to domestic and foreign air carriers and other companies that outsource their cargo and passenger airlift requirements. 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, passenger ACMI and charter services, aircraft maintenance services and airport ground services. ATSG's subsidiaries include ABX Air, Inc.; Airborne Global Solutions, Inc.; Airborne Maintenance and Engineering Services, Inc., including its subsidiary, Pemco World Air Services, Inc.; Air Transport International, Inc.; Cargo Aircraft Management, Inc.; and Omni Air International, LLC. For more information, please see www.atsginc.com.

Except for historical information contained therein, the matters disclosed during the Investor Day webcast, including in the accompanying written presentation materials, contain forward-looking statements that involve risks and uncertainties. A number of important factors could cause Air Transport Services Group, Inc.'s ("ATSG's") actual results to differ materially from those indicated by such forward-looking statements. Such factors include, but are not limited to: (i) unplanned changes in the market demand for our assets and services, including the loss of customers or a reduction in the level of services we perform for customers; (ii) our operating airlines' ability to maintain on-time service and control costs; (iii) the cost and timing with respect to which we are able to purchase and modify aircraft to a cargo configuration; (iv) fluctuations in ATSG's traded share price and in interest rates, which may result in mark-to-market charges on certain financial instruments; (v) the number, timing, and scheduled routes of our aircraft deployments to customers; (vi) our ability to remain in compliance with key agreements with customers, lenders and government agencies; (vii) the impact of current supply chain constraints both within and outside the United States, which may be more severe or persist longer than we currently expect; (viii) the impact of a competitive labor market, which could restrict our ability to fill key positions; (ix) changes in general economic and/or industry-specific conditions, including inflation; (x) the impact of geographical events or health epidemics such as the COVID-19 pandemic. and (xi) other factors that are contained from time to time in ATSG's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 10-K and quarterly reports on Form 10-Q.

Readers should carefully review the Investor Day webcast and related written presentation materials and should not place undue reliance on ATSG's forward-looking statements. These forward-looking statements were based on information, plans and estimates as of the date of the Investor Day webcast. Except as may be required by applicable law, ATSG undertakes no obligation to update any forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events or other changes.

ATSG makes use of non-GAAP measures during the Investor Day webcast and in the related written presentation materials, including adjusted EBITDA and Free Cash Flow. Management believes these metrics are useful to investors in assessing ATSG's financial position and results. Non-GAAP measures are not meant to be a substitute for ATSG's GAAP financials. Please refer to the reconciliations to the GAAP measures in the accompanying appendix to the written presentation materials.