ATSG Surpasses $980,000 in Charitable Giving in 2023

Rhea-AI Summary

Air Transport Services Group, Inc. (ATSG) reported a significant increase in charitable giving in 2023, reaching over $980,000, a fifteen percent rise from the previous year. The company's philanthropic efforts included employee giving campaigns, charity golf outings, and corporate donations to various causes aligned with its values. ATSG's commitment to corporate social responsibility and community support was highlighted through contributions to organizations such as the United Way, Habitat for Humanity, and Dolly Parton's Imagination Library.

WILMINGTON, Ohio--(BUSINESS WIRE)-- Air Transport Services Group, Inc. (Nasdaq: ATSG) today announced that its charitable giving in 2023 topped $980,000, a fifteen percent increase over the prior year total. This record-breaking sum reflects the company’s commitment to supporting the communities it serves and its belief in the power of corporate social responsibility.

The company’s charitable giving in 2023 included:

• Over $308,000 raised through employee giving campaigns. Employees throughout the corporation gave generously through payroll deduction programs and fundraising events that exceeded annual campaign goals.
• Over $318,000 raised through three charity golf outings that brought together employees, customers, and partners to enjoy camaraderie on the course while supporting the ATSG Charitable Foundation, which invests in STEM education, community wellness, and Veterans programs in communities where ATSG companies operate.
• Over $354,000 in corporate giving to selected causes aligned with the company's values and areas of focus, including education, youth development, veterans support, food security, and homelessness.

Among the organizations benefiting are the United Way, Habitat for Humanity, Dolly Parton’s Imagination Library, American Cancer Society, American Heart Association, American Red Cross, ATSG Cares, 4H Youth Programming, Harvest of Gold Reading Program, Wounded Warrior Project, Folds of Honor, Operation Cherry Bend Veterans Hunt, as well as the most recent addition to the company's charity recipients, Hot Hoops, which provides positive educational recreation opportunities to youth in Clinton County, Ohio.

“At ATSG, we believe that giving back is an essential part of being a responsible corporate citizen,” said ATSG Chairman and CEO Joe Hete. “We are incredibly proud of our employees’ generosity in 2023 and their willingness to make a positive impact in the lives of many.”

In addition to financial contributions, employees of ATSG companies also volunteered many hours in service to communities across their network, such as a diaper drive for local families, a book drive to support at risk youth, a toy drive for the U.S. Marine Corps Toys for Tots program, and several blood drives throughout the year.

“I am continually impressed by the dedication and compassion of our employees,” said Hete. “Their enthusiasm for giving back is truly inspiring, and it is a testament to the strong culture of philanthropy that we have built at ATSG.”

About Air Transport Services Group, Inc. (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 air lift requirements. ATSG, through its leasing and airline subsidiaries, is the world's largest lessor of freighter aircraft as well as the largest owner and operator of converted Boeing 767 freighters. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240306950241/en/

Kym Parks, Director of Marketing

Air Transport Services Group, Inc.

kym.parks@atsginc.com

Source: Air Transport Services Group, Inc.

FAQ

What was the total charitable giving amount by ATSG in 2023?

ATSG's charitable giving in 2023 exceeded $980,000, marking a fifteen percent increase from the previous year.

What were the main components of ATSG's charitable giving in 2023?

ATSG's charitable giving in 2023 included employee giving campaigns, charity golf outings, and corporate donations to causes like education, youth development, veterans support, food security, and homelessness.

Which organizations benefited from ATSG's charitable giving in 2023?

Organizations such as the United Way, Habitat for Humanity, Dolly Parton's Imagination Library, and various others received contributions from ATSG's charitable giving in 2023.

What is the focus of ATSG's charitable foundation?

ATSG's charitable foundation invests in STEM education, community wellness, and Veterans programs in communities where ATSG companies operate.

Who is the Chairman and CEO of ATSG?

Joe Hete serves as the Chairman and CEO of ATSG.