Investment Firm Stonepeak Reaches Deal To Buy ATSG

ATSG Executive Chairman Joe Hete

ATSG Executive Chairman Joe Hete.

Credit: ATSG
Air Transport Services Group (ATSG) is slated to become a private company now that investment firm Stonepeak has agreed to acquire the multi-faceted air cargo conglomerate in an all-cash transaction valued at $3.1 billion. Terms of the definitive agreement, approved by ATSG’s board of directors...
Lori Ranson

Lori covers North American and Latin airlines for Aviation Week and is also a Senior Analyst for CAPA - Centre for Aviation.

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