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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 AP7LNlXe+VayLQ3wMNHfxCRkCAA4rBFc5RSitHIesrbXef1WC4o55AB3RgZPYfn3
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<SEC-DOCUMENT>0001181431-10-015938.txt : 20100312
<SEC-HEADER>0001181431-10-015938.hdr.sgml : 20100312
<ACCEPTANCE-DATETIME>20100312140824
ACCESSION NUMBER:		0001181431-10-015938
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100310
FILED AS OF DATE:		20100312
DATE AS OF CHANGE:		20100312

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PAYNE W JOSEPH
		CENTRAL INDEX KEY:			0001275365

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50368
		FILM NUMBER:		10677078

	MAIL ADDRESS:	
		STREET 1:		ABX AIR INC
		STREET 2:		145 HUNTER DRIVE
		CITY:			WILMINGTON
		STATE:			OH
		ZIP:			45177

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Air Transport Services Group, Inc.
		CENTRAL INDEX KEY:			0000894081
		STANDARD INDUSTRIAL CLASSIFICATION:	AIR COURIER SERVICES [4513]
		IRS NUMBER:				261631624
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		145 HUNTER DR
		CITY:			WILMINGTON
		STATE:			OH
		ZIP:			45177
		BUSINESS PHONE:		937-382-5591

	MAIL ADDRESS:	
		STREET 1:		145 HUNTER DR
		CITY:			WILMINGTON
		STATE:			OH
		ZIP:			45177

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ABX Holdings, Inc.
		DATE OF NAME CHANGE:	20080102

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ABX AIR INC
		DATE OF NAME CHANGE:	19950728
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd269796.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-03-10</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000894081</issuerCik>
        <issuerName>Air Transport Services Group, Inc.</issuerName>
        <issuerTradingSymbol>ATSG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001275365</rptOwnerCik>
            <rptOwnerName>PAYNE W JOSEPH</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O AIR TRANSPORT SERVICES GROUP, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>145 HUNTER DRIVE</rptOwnerStreet2>
            <rptOwnerCity>WILMINGTON</rptOwnerCity>
            <rptOwnerState>OH</rptOwnerState>
            <rptOwnerZipCode>45177</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Sr. VP, General Counsel &amp; Sec.</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2010-03-10</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1450</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.74</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>106132</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Represents the vesting of market-based stock units under the Company's 2005 Long-Term Incentive Compensation Plan.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>W. Joseph Payne</signatureName>
        <signatureDate>2010-03-12</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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