William Payne - Air Transport President

ATSG Stock  USD 12.61  0.16  1.29%   

President

Mr. W. Joseph Payne is Senior Vice President, Corporationrationrate General Counsel, Secretary and Chief Legal Officer of Air W. Joseph Payne is the Chief Legal Officer and Secretary for ATSG. Payne is responsible for directing the Companys legal and regulatory affairs, as well as overseeing corporate compliance, governance and security matters. He advises the Board of Directors and senior management on a variety of legal issues, including with respect to the development and implementation of strategic initiatives, business transactions, corporate governance and compliance matters, and litigation. Payne also retains and oversees the work of outside counsel. Payne joined ABX Air as a Contract Manager in April 1995 and held positions as Assistant Corporationrationrate Secretary and Corporationrationrate SecretaryCounsel from July 1996 to January 2004. He was promoted to Vice President, General Counsel and Secretary of ABX Air in January 2004. In December 2007, ATSG was formed from the reorganization of ABX Air for the purpose of creating a holding company structure and Payne was named Senior Vice President, Corporationrationrate General Counsel and Secretary of ATSG. In May 2016, he was named Chief Legal Officer and Secretary. Prior to joining ABX Air, Payne practiced law in the greater Cincinnati area from 1992 to 1995 and worked as an accountant for HookSuperX Drugs from 1987 to 1989, prior to attending law school. Payne earned a Juris Doctor from the University of Dayton School of Law, and a Bachelor of Business Administration from the University of Cincinnati College of Business Administration, where he majored in accounting since 2016.
Age 53
Tenure 8 years
Address 145 Hunter Drive, Wilmington, OH, United States, 45177
Phone937 382 5591
Webhttps://www.atsginc.com

William Payne Latest Insider Activity

Tracking and analyzing the buying and selling activities of William Payne against Air Transport stock is an integral part of due diligence when investing in Air Transport. William Payne insider activity provides valuable insight into whether Air Transport is net buyers or sellers over its current business cycle. Note, Air Transport insiders must abide by specific rules, including filing SEC forms every time they buy or sell Air Transport'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

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.

Air Transport Investors Sentiment

The influence of Air Transport's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Air. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Air Transport's public news can be used to forecast risks associated with an investment in Air. The trend in average sentiment can be used to explain how an investor holding Air can time the market purely based on public headlines and social activities around Air Transport Services. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Air Transport's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Air Transport's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Air Transport's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Air Transport.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Air Transport in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Air Transport's short interest history, or implied volatility extrapolated from Air Transport options trading.

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.

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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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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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.
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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.