Category: Adjusted
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Brent crude closes at the lowest since 2021. Where is it adjusted for inflation?
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WTI crude is still holding support but the picture is looking increasingly bleak for Brent crude. The global benchmark closed today at its lowest level since December 2021. We have seen a series of daily declines around these levels and there have been worse daily declines since 2021 but this…
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Air Transport Services reports mixed Q2 results; raises FY24 Adjusted EBITDA outlook
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2024 Predictions: Taking into account the four aircraft leases that have commenced since the end of June, ATSG expects adjusted EBITDA of approximately $526 million in 2024. ATSG expects 2024 capital spending to be $390 million, down from the $410 million estimated in May 2024 and $400 million lower than…