Air Charter Service announced a 35% increase in revenue for the first quarter.

Air Charter Service (ACS) reported a strong first quarter, with charter activity and revenue increasing over 35% year-on-year to $380 million. The company experienced record results across all divisions, with charter volumes up 19% and revenues rising 37%. Growth was particularly notable in the cargo division, which saw a 70% increase in charters and a 41% rise in revenue, partly due to supply chain disruptions from the Iran conflict and Storm Marta. Despite ongoing geopolitical challenges, ACS remains well-positioned due to its global presence and diverse operations.