Joseph Hete - Air Transport CEO and President Director and CEO of Abx Air Inc
| ATSG Stock | USD 12.70 0.13 1.01% |
CEO
Mr. Joseph C. Hete is the President, Chief Executive Officer, Director of Air Transport Services Group, Inc., and Chief Executive Officer of ABX Air, Inc., Mr. Hete was President and Chief Executive Officer of ATSG since October 2007 and Chief Executive Officer of its subsidiary, ABX Air, Inc. since August 2003. He was the President of ABX Air, Inc. from January 2000 to February 2008 and the Chief Operating Officer of ABX Air, Inc. from January 2000 to August 2003. From 1997 until January 2000, he held the position of Senior Vice President and Chief Operating Officer of ABX Air, Inc. Mr. Hete served as Senior Vice President, Administration, of ABX Air, Inc. from 1991 to 1997, and Vice President, Administration, of ABX Air, Inc. from 1986 to 1991. He joined ABX Air, Inc. in 1980. Among other qualifications, Mr. Hete brings to the Board a deep and extensive knowledge of the air cargo industry and the daytoday operations of the Company through his years in various senior business leadership roles with the Company, including as Chief Executive Officer. He is able to keep the Board of Directors informed on the current state of the Company by serving as a director. since 2007.
| Age | 69 |
| Tenure | 17 years |
| Address | 145 Hunter Drive, Wilmington, OH, United States, 45177 |
| Phone | 937 382 5591 |
| Web | https://www.atsginc.com |
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.Similar Executives
| Showing other executives | CEO Age | ||
| Robin Hayes | JetBlue Airways Corp | 57 | |
| William Walsh | International Consolidated Airl | N/A | |
| Andrew Crawley | International Consolidated Airl | N/A | |
| Stephen Kavanagh | International Consolidated Airl | N/A | |
| Eduardo Lombana | Copa Holdings SA | 62 | |
| Alejandro Llano | International Consolidated Airl | N/A | |
| Lynne Embleton | International Consolidated Airl | N/A | |
| Mark Dunkerley | Hawaiian Holdings | 52 | |
| Pedro Heilbron | Copa Holdings SA | 66 | |
| Steve Gunning | International Consolidated Airl | N/A | |
| Edward III | Spirit Airlines | 53 | |
| Barry Biffle | Frontier Group Holdings | 52 | |
| Robert Fornaro | Spirit Airlines | 65 | |
| Russell Childs | SkyWest | 56 | |
| Edward Christie | Spirit Airlines | 50 | |
| John Redmond | Allegiant Travel | 65 | |
Management Performance
| Return On Equity | 0.043 | ||||
| Return On Asset | 0.0272 |
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.
| Return On Equity | 0.043 | ||||
| Return On Asset | 0.0272 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 2.61 B | ||||
| Shares Outstanding | 65.68 M | ||||
| Shares Owned By Insiders | 22.02 % | ||||
| Shares Owned By Institutions | 83.67 % | ||||
| Number Of Shares Shorted | 4.17 M | ||||
| Price To Earning | 11.64 X |
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 together with Air Stock
| 0.63 | HA | Hawaiian Holdings | PairCorr |
| 0.69 | VLRS | Volaris Trending | PairCorr |
| 0.69 | WERN | Werner Enterprises Earnings Call This Week | PairCorr |
Moving against Air Stock
| 0.82 | CP | Canadian Pacific Railway Earnings Call Today | PairCorr |
| 0.75 | ULH | Universal Logistics Earnings Call This Week | PairCorr |
| 0.73 | CNI | Canadian National Railway Financial Report 23rd of July 2024 | PairCorr |
| 0.7 | DAL | Delta Air Lines Financial Report 11th of July 2024 | PairCorr |
| 0.64 | CPA | Copa Holdings SA Financial Report 8th of May 2024 | PairCorr |
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.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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Air Stock analysis
When running Air Transport's price analysis, check to measure Air Transport's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Transport is operating at the current time. Most of Air Transport's value examination focuses on studying past and present price action to predict the probability of Air Transport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Transport's price. Additionally, you may evaluate how the addition of Air Transport to your portfolios can decrease your overall portfolio volatility.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |
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.