ATSG Board of Directors Appoints Joe Hete as Chief Executive Officer - Seite 2

Rademacher continued, “On behalf of the entire Board, I thank Rich for his contributions and for leading the Company through an incredibly dynamic time in our industry. We wish him the best in his future endeavors.”

Third Quarter 2023 Financial Results

In a separate press release today, ATSG will report its third quarter 2023 financial results. The Company will host an investor conference call tomorrow at 10:00 a.m. Eastern Time.

Hete will be joined by Quint Turner, Chief Financial Officer, and Mike Berger, President, to discuss the quarterly results.

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.

About ATSG

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.

Forward-Looking Statements

This press release contains “forward-looking statements” as that term is used in the Private Securities Litigation Reform Act of 1995. A reader can identify forward-looking statements because they are not limited to historical fact, they address future events, developments or results, or they are preceded by, followed by or include words such as (and without limitation) “believe,” “anticipate,“ plan,” “expect,” “opportunities,” “continue” or “look forward,” and similar expressions. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements, including without limitation statements concerning our plans and expectations in connection with the transition of CEO leadership, future performance and results, and other plans and expectations.