Robert Coretz - Air Transport Director

ATSG Stock  MXN 225.53  0.00  0.00%   

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
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 0.0552 % which means that it generated a profit of $0.0552 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.15 %, meaning that it generated $0.15 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 company has accumulated 1.3 B in total debt with debt to equity ratio (D/E) of 372.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Air Transport Services has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become 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.

Similar Executives

Showing other executives

DIRECTOR Age

Frederic DupeyronGrupo Aeroportuario Del
N/A
Guadalupe MargainGrupo Aeroportuario Del
48
Carlos CollGrupo Aeroportuario Del
55
Andre LormainGrupo Aeroportuario Del
47
Rodrigo RuizGrupo Aeroportuario Del
51
Alberto AlonsoGrupo Aeroportuario Del
58
Jose BoschGrupo Aeroportuario Del
49
Aurelio AlonsoGrupo Aeroportuario Del
47
Paloma KuriGrupo Aeroportuario Del
43
Alonso KawageGrupo Aeroportuario Del
40
Jose AntonGrupo Aeroportuario Del
46
Carlos OcejoGrupo Aeroportuario Del
69
Jacques FollainGrupo Aeroportuario Del
60
Elsa BojorgesGrupo Aeroportuario Del
49
Roberto ChavezGrupo Aeroportuario Del
52
Carlos BofillGrupo Aeroportuario Del
53
Eduardo ArmellaGrupo Aeroportuario Del
58
Juan ThurlowGrupo Aeroportuario Del
71
Luis AizpuruGrupo Aeroportuario Del
45
Rasmus ChristiansenGrupo Aeroportuario Del
67
Juan AguilarGrupo Aeroportuario Del
62
Air Transport Services Group, Inc., through its subsidiaries, operates in the airfreight and logistics industry. The company, formerly known as ABX Holdings, Inc., was founded in 1980 and is headquartered in Wilmington, Ohio. AIR TRANSPORT operates under Airports Air Services classification in Mexico and is traded on Mexico Stock Exchange. It employs 3830 people. Air Transport Services (ATSG) is traded on Mexican Exchange in Mexico and employs 5,280 people.

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, President CEO, Director; 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; President of Cargo Aircraft Management, Inc
Quint Turner, CFO of the Company and ABX Air, Inc.
Paul Chase, Chief Officer
Joseph Payne, Senior Vice President Corporate General Counsel, 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, VP Devel
Deborah Loveless, VP Capital

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.
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.

Moving together with Air Stock

  0.7GAPB Grupo Aeroportuario DelPairCorr
  0.61OMAB Grupo Aeroportuario DelPairCorr
  0.69SMSNN Samsung ElectronicsPairCorr

Moving against Air Stock

  0.84JPM JPMorgan ChasePairCorr
  0.7TSMN Taiwan SemiconductorPairCorr
  0.63TMN Toyota MotorPairCorr
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 board of governors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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.
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Transaction History
View history of all your transactions and understand their impact on performance
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.