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 within DHL’s global network.
“As one of our longest leasing relationships, we take pride in identifying opportunities to enhance capacity within the DHL network,” said Paul Chase, chief commercial officer of ATSG.
“The Boeing 767 remains unrivalLed in the medium-widebody freighter market, serving as the backbone for lessees by offering payload capacity and range capabilities to optimize express delivery operations.”
The agreement will increase the total CAM-leased 767 fleet at DHL to 14.
Early last year, ATSG said that DHL was expected to scale back US freighter operations in response to economic constraints and reduced e-commerce spending in the US, although the global e-commerce air cargo sector did see growth in 2023 and this trend has continued in 2024.
This reduction in DHL's US freighter operations followed an extension and expansion of DHL's US lease deals with ATSG in 2022, during the pandemic boom for air cargo.
US-based lessor ATSG has a fleet that includes 767, Airbus A321, and Airbus A330 converted freighters.
https://www.aircargonews.net/business/finance/dhls-airfreight-volume-decline-slows-in-q4-2023/
