FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
AMAZON COM INC
  2. Issuer Name and Ticker or Trading Symbol
Air Transport Services Group, Inc. [ATSG] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
410 TERRY AVENUE NORTH		 3. Date of Earliest Transaction (Month/Day/Year)
05/06/2024
(Street)

SEATTLE, WA 98109		 4. If Amendment, Date Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) 		7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5) 		6. Date Exercisable and Expiration Date
(Month/Day/Year) 		7. Title and Amount of Underlying Securities
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4) 		10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4) 		11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant (Right to Purchase Common Stock) $ 20.4 05/06/2024   J(1)     7,014,804   (2) 12/20/2025 Common Stock 7,014,804 (1) 0 D  
Warrant (Right to Purchase Common Stock) $ 20.4 05/06/2024   J(1)   7,014,804     (2) 12/20/2029 Common Stock 7,014,804 (1) 7,014,804 D  
Warrant (Right to Purchase Common Stock) $ 21.5265 05/06/2024   J(1)     14,801,360 (4)   (2) 12/20/2025 Common Stock 14,801,360 (4) (1) 0 D  
Warrant (Right to Purchase Common Stock) $ 21.5265 05/06/2024   J(1)   14,801,360 (4)     (2) 12/20/2029 Common Stock 14,801,360 (4) (1) 14,801,360 D  
Warrant (Right to Purchase Common Stock) $ 12.9658 05/06/2024   J(3)   2,915,000     (3) 05/06/2031 Common Stock 2,915,000 (3) 2,915,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
AMAZON COM INC
410 TERRY AVENUE NORTH
SEATTLE, WA 98109		     X    

Signatures

 /s/ Mark F. Hoffman, Vice President and Secretary   05/08/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On May 6, 2024, the expiration date of the Warrant was extended from December 20, 2025 to December 20, 2029. The extension of an existing warrant's expiration date is deemed to be a cancellation and re-issuance.
(2) Shares of Common Stock subject to the Warrant, which was issued in connection with the execution of a commercial agreement, have vested and are exercisable subject to certain regulatory approvals and the terms and conditions outlined in the Warrant.
(3) Shares of Common Stock subject to the Warrant, which was issued in connection with the execution of a commercial agreement, vest upon the following schedule and satisfaction of certain commercial milestones: 728,750 shares on each of May 6, 2024, May 6, 2025, May 6, 2026 and May 6, 2027. Shares of Common Stock subject to the Warrant are exercisable subject to certain regulatory approvals and the terms and conditions outlined in the Warrant.
(4) This reflects the actual number of shares of Common Stock for which the Warrant can be exercised.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.