1st Carrier Update 02/07/2023

<ol><li>Is this just a sign of the times that volumes are down?</li><li>Amazon and DHL have reduced cargo flights in the US - is this just a US problem or is it larger than that?</li><li>How about other carriers - are they looking to pull back as well - such as Sun Country?</li><li>How has this impacted Air Transport Services Group?</li><li>How does this compare to ATSG’s leasing business?</li></ol>

Is this just a sign of the times that volumes are down?Amazon and DHL have reduced cargo flights in the US - is this just a US problem or is it larger than that?How about other carriers - are they looking to pull back as well - such as Sun Country?How has this impacted Air Transport Services Group?How does this compare to ATSG’s leasing business?

<ol><li>Is this just a sign of the times that volumes are down?</li><li>Amazon and DHL have reduced cargo flights in the US - is this just a US problem or is it larger than that?</li><li>How about other carriers - are they looking to pull back as well - such as Sun Country?</li><li>How has this impacted Air Transport Services Group?</li><li>How does this compare to ATSG’s leasing business?</li></ol>

Parcel Volumes are down in Air Cargo

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