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Q1 2019 Air Transport Services Group Inc Earnings Call Transcript
Welcome to the Q1 2019 Air Transport Services Group Inc. Earnings Conference Call. My name is John, and I'll be your operator for today's call. (Operator Instructions) Please note the conference is being recorded.
And I will now turn the call over to Joe Hete, President and CEO. Mr. Hete, you may begin.
Thank you, John. Good morning, and welcome to our First Quarter 2019 Earnings Conference Call. With me today are Quint Turner, our Chief Financial Officer; and Rich Corrado, our Chief Operating Officer. We issued our earnings release yesterday after the market closed. It's on our website, atsginc.com. We'll file our Form 10-Q later this week.
I'm very pleased to report that 2019 has begun on a fast pace. The highlights are that revenues were up 71%, our adjusted EPS increased $0.07 to $0.37 per share, and adjusted EBITDA rose 58% to $114 million.
Our airline operations have started particularly strong. Our services for the Department of Defense increased
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