Robert Coretz - Air Transport Director

ATSG Stock  USD 13.19  0.42  3.29%   

Director

Mr. Robert K. Coretz is Director of the Company. He is a principal and founder of 10 Tanker Air Carrier, which engineers and modifies DC10 aircraft for aerial firefighting and suppression purposes, since 2003. He was also the former Chairman of the Board of Directors of Omni Air International, LLC, a U.S. based passenger airline that the Company acquired in November 2018. Mr. Coretz founded Omni Air International, LLC in 1993 and was also the principal and founder of Omni Aviation Leasing, LLC and T7 Aviation Leasing, LLC, both of which are aircraft leasing companies that were also acquired by the Company in 2018. He holds a BS degree in electrical engineering from the University of Arizona. He was a director of the Company since February 2019 and does not serve on any of the standing committees of the Board since 2019.
Age 54
Tenure 5 years
Address 145 Hunter Drive, Wilmington, OH, United States, 45177
Phone937 382 5591
Webhttps://www.atsginc.com
Coretz possesses a deep understanding of global airline operations and aircraft leasing, as well as the technology of aircraft conversions, which makes him an important asset to the Board in overseeing the work of management as the Company continues to grow its airline operations and converted freighter leasing business.

Air Transport Management Efficiency

The company has return on total asset (ROA) of 0.0272 % which means that it generated a profit of $0.0272 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.043 %, meaning that it created $0.043 on every $100 dollars invested by stockholders. Air Transport's management efficiency ratios could be used to measure how well Air Transport manages its routine affairs as well as how well it operates its assets and liabilities. The Air Transport's current Return On Tangible Assets is estimated to increase to 0.02. The Air Transport's current Return On Capital Employed is estimated to increase to 0.06. At this time, Air Transport's Other Assets are most likely to decrease significantly in the upcoming years. The Air Transport's current Non Current Assets Total is estimated to increase to about 3.8 B, while Total Current Assets are projected to decrease to roughly 215.1 M.
The company currently holds 1.82 B in liabilities with Debt to Equity (D/E) ratio of 0.98, which is about average as compared to similar companies. Air Transport Services has a current ratio of 1.2, suggesting that it is in a questionable position to pay out its financial obligations when due. Debt can assist Air Transport until it has trouble settling it off, either with new capital or with free cash flow. So, Air Transport's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Air Transport Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Air to invest in growth at high rates of return. When we think about Air Transport's use of debt, we should always consider it together with cash and equity.

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Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing and air cargo transportation and related services in the United States and internationally. Air Transport Services Group, Inc. was founded in 1980 and is based in Wilmington, Ohio. Air Transport operates under Airlines classification in the United States and is traded on NASDAQ Exchange. It employs 5280 people. Air Transport Services (ATSG) is traded on NASDAQ Exchange in USA. It is located in 145 Hunter Drive, Wilmington, OH, United States, 45177 and employs 5,095 people. Air Transport is listed under Air Freight & Logistics category by Fama And French industry classification.

Management Performance

Air Transport Services Leadership Team

Elected by the shareholders, the Air Transport's board of directors comprises two types of representatives: Air Transport inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Air. The board's role is to monitor Air Transport's management team and ensure that shareholders' interests are well served. Air Transport's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Air Transport's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joseph Hete, CEO and President Director and CEO of Abx Air Inc
Arthur Lichte, Director
Jeffrey Vorholt, Independent Director
Richard Baudouin, Independent Director
John Teets, Independent Director
Laura Peterson, Director
Raymond Johns, Director
Mike Berger, Chief Commercial Officer
Randy Rademacher, Independent Director
Edward III, Chief Officer
Richard Corrado, Chief Commercial Officer and President of Cargo Aircraft Management Inc and President of Airborne Global Solutions Inc
Quint Turner, Chief Officer
Paul Chase, Chief Officer
Joseph Payne, Sr. VP, Corporate General Counsel and Corporate Secretary
Michael Berger, Chief Commercial Officer
William Payne, Senior Vice President Corporate General Counsel, Secretary and Chief Legal Officer
Matthew Fedders, VP Controller
Robert Coretz, Director
Edward Smethwick, Vice Development
Deborah Loveless, Vice Capital
James OGrady, President Inc

Air Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Air Transport a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Air Transport

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Air Transport position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Air Transport will appreciate offsetting losses from the drop in the long position's value.

Moving against Air Stock

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The ability to find closely correlated positions to Air Transport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Transport when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Air Transport - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Air Transport Services to buy it.
The correlation of Air Transport is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Air Transport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Transport Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Air Transport can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Air Transport Services is a strong investment it is important to analyze Air Transport's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Transport's future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Transport Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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Is Air Transport's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Transport. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Transport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.58)
Earnings Share
0.82
Revenue Per Share
30.166
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0272
The market value of Air Transport Services is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Transport's value that differs from its market value or its book value, called intrinsic value, which is Air Transport's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Transport's market value can be influenced by many factors that don't directly affect Air Transport's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Transport's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.