All ATSG articles
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NewsATSG sees Q2 revenues and profits decline as 767Fs are returned
Freighter lessor and operator ATSG saw both profits and revenues decline in the second quarter of the year as a result of returned freighter aircraft.The company saw second-quarter revenues fall 7.7% year on year to $488.4m, earnings from continuing operations before income taxes were down 78.4% to $10.7m and net ...
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ATSG subsidiary delivers B767-300 freighter to Georgian Airways
Air Transport Services Group, Inc’s (ATSG) leasing subsidiary Cargo Aircraft Management (CAM) has delivered a Boeing 767-300 freighter aircraft to Georgian Airways.Georgian Airways offers scheduled, charter and regular flights across Europe, the Baltic region, the Caucasus, the Black Sea Region, the Middle East, eastern and southern Asia.The 767-300 is a ...
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NewsATSG leases more 767Fs to My Freighter
Photo: Business WireUzbekistan-based airline My Freighter will lease two more Boeing 767-300 passenger to freighter (P2F) aircraft from Air Transport Services Group's (ATSG) subsidiary, Airborne Global Leasing.The addition of these two aircraft will expand the Tashkent-hubbed airline's ATSG-leased fleet to five 767-300P2Fs as part of efforts to connect trading hubs ...
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Senior management changes at ATSG
Freighter operator Air Transport Services Group (ATSG) has announced a series of senior management changes.The changes will see Joe Hete, who currently serves as chairman of the board of directors and chief executive, appointed executive chairman.Mike Berger, who currently serves as president, will become chief executive and a member of ...
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ATSG expands Amazon flying after a difficult Q1
ATSG yesterday announced it will operate an additional 10 Boeing 767 freighters on behalf of Amazon Air but also reported lower revenues and profits after a difficult first quarter of the year.The Amazon deal will see ATSG operate the additional 10 767 freighters over a five-year period, with the option ...
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NewsMy Freighter adds third ATSG 767-300P2F
Photo: Parkdolly/ ShutterstockUzbekistan-based carrier My Freighter has taken delivery of its third newly converted Boeing 767-300 passenger to freighter (P2F) aircraft from US lessor Air Transport Services Group (ATSG).ATSG's subsidiary, Airborne Global Leasing, carried out the delivery in alignment with ATSG's Lease+Plus strategy.“Our expanding relationship with My Freighter exemplifies the ...
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DHL looks to growth with 767F lease
DHL is growing its Boeing 767 freighter operations through a new lease agreement with Air Transport Services Group (ATSG).ATSG said it has commenced a new lease agreement with DHL Network Operations (USA), Inc. under which ATSG’s Cargo Aircraft Management (CAM) has leased a 767-300 freighter aircraft to DHL to operate ...
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Lower leasing demand takes the shine off ATSG earnings
Reduced demand for aircraft leasing, passenger operations and flying for the US military combined to pull down revenue at ATSG (Air Transport Services Group), said the company in its fourth quarter 2023 results.Wilmington, Ohio-based ATSG, which is the world’s largest owner and operator of converted Boeing 767 freighter aircraft, said ...
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NewsEFW partner Turkish Technic hits A330P2F milestone
Elbe Flugzeugwerke's (EFW) MRO partner Turkish Technic has carried out the Upper Frame Shell (UFS) cut-out for its very first A330 passenger to freighter (P2F) conversion.This milestone was achieved at Turkish Technic's Istanbul facilities.The aircraft is scheduled to be redelivered in the middle of the year to EFW's customer Air ...
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NewsATI president O'Grady retires
O'Grady (L) and Betson (R). Source: ATSG via Business WireAir Transport Services Group (ATSG) airline subsidiary Air Transport International (ATI) has appointed a new president following the retirement of James O'Grady from the role.O'Grady has served as president of ATI since January 2016 and prior to that had been chief ...
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My Freighter adds 767 freighter
Tashkent, Uzbekistan-located My Freighter has taken delivery of a Boeing 767-300 converted freighter.The airline said in a Linkedin post today: "We are delighted to announce a significant milestone for My Freighter! Our Airline proudly welcomes one more Boeing 767F, to our fleet."This remarkable aircraft, with Uzbek registration UK67015, completed a ...
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NewsIAI strikes MRO deal with ATSG
MRO signing ceremony between IAI and ATSG Photo IAIIsrael Aerospace Industries (IAI) Aviation Group has signed a long-term contract under which it will maintain and service Pratt & Whitney PW4000 engines for Air Transport Services Group’s (ATSG) leasing company, Cargo Aircraft Management (CAM).The PW4000 engine maintenance will be carried out ...
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ATSG delivers 767-300F to My Freighter
Air Transport Services Group (ATSG) subsidiary Airborne Global Leasing has delivered a newly converted Boeing 767-300 freighter to new customer My Freighter.There is a multi-year lease on the aircraft, said lessor ATSG.Tashkent, Uzbekistan-located My Freighter has provided charter air cargo services in Uzbekistan and Central Asia since 2019.My Freighter took ...
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NewsATSG scales back 767-300 freighter conversions for 2024
Joe Hete, chief executive, ATSG. Photo: ATSGAir Transport Services Group (ATSG) is halting any additional 767-300 freighter conversions next year due to the soft air cargo demand seen this year.In the lessor's third quarter results conference call on November 7, chief executive Joe Hete said: "We are introducing no additional ...
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NewsMixed picture for ATSG
Image Source: Air Transport Services Group, Inc (ATSG)Air Transport Services Group, Inc (ATSG), the US-based provider of medium widebody aircraft leasing, contracted air transportation and related services, has reported consolidated financial results for the third quarter of this year (the period ending September 30).ATSG made revenue of $523m, up 1 ...
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NewsFreightor lessor ATSG appoints Berger as president
Mike Berger. Source: Business WireFreightor lessor ATSG's board of directors has elected Mike Berger, currently chief strategy officer, as its new president.Berger took over the role on October 1 and in the new role will lead "ATSG's transformational growth".He will be responsible for aligning the business operations with the company's ...
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NewsATI union leaders approve strike authorisation
Source: ATSGUnion leaders representing the pilots of Wilmington-based cargo airline Air Transport International (ATI) have approved strike authorisation as talks over a new working agreement continue.The vote would give the union chair the authority to call for industrial action.There are no current plans to strike and there are additional steps ...
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GlobalX continues to grow A321F fleet
Global Crossing Airlines Group (GlobalX) will lease an A321 passenger to freighter (P2F) aircraft from Cargo Aircraft Management (CAM), a subsidiary of Air Transport Services Group (ATSG).The aircraft is due for delivery in October this year. Air Cargo News (ACN) has requested confirmation from GlobalX of how the freighter will ...
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Flurry of freighter deliveries for ATSG
Air Transport Services Group’s (ATSG) Cargo Aircraft Management (CAM) subsidiary has delivered a record six converted freighters under lease in one month to customers globally.This brings ATSG’s total deliveries this year to nine.Converted freighter deliveries by the company in the past month, each of which are under lease for a ...
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Freighter leases help ATSG cash in
Air Transport Services Group's (ATSG) Cargo Aircraft Management (CAM) division looked healthy in the second quarter ended June 30, thanks to sustained freighter leases.Aircraft leasing and related revenues from external customers in the second quarter were up 4% for CAM, year on year.This was "driven by higher average lease rates ...