ATSG Holds Annual Meeting of Shareholders

WILMINGTON, Ohio--()--Stockholders of Air Transport Services Group, Inc. (NASDAQ:ATSG) meeting here today re-elected five directors and approved items related to executive compensation.

Directors of the Company elected to one-year terms on the Board were Richard M. Baudouin, 65, Joseph C. Hete, 63, Randy D. Rademacher, 60, J. Christopher Teets, 44, and Jeffrey J. Vorholt, 64.

At the meeting, shareholders also:

• Ratified the selection of Deloitte & Touche LLP as the independent registered public accounting firm of the Company for fiscal year 2017; and

• Held an advisory vote on executive compensation and approved a management proposal to continue to hold such votes annually.

A complete report of the results of the meeting will be filed in a Form 8-K with the Securities and Exchange Commission.

About Air Transport Services Group

ATSG is a leading 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. 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 two 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.; and Airborne Maintenance and Engineering Services, Inc., including its division, PEMCO World Air Services, Inc. For more information, please see www.atsginc.com.

Contacts

Air Transport Services Group, Inc.
Quint O. Turner, Chief Financial Officer, 937-366-2303

Contacts

Air Transport Services Group, Inc.
Quint O. Turner, Chief Financial Officer, 937-366-2303