Air Transport Services Group (ATSG), a provider of aircraft leasing, air transportation and aviation support solutions, entered into an agreement to sell Omni Air International, a provider of passenger ACMI and charter services, to OAI, a private company whose management team brings deep expertise in aviation. Financial terms of the transaction were not disclosed.
OAI intends to build on Omni’s established position in the passenger ACMI and charter markets while supporting the company’s next chapter and long-term development. Upon closing, ATSG’s portfolio will be centered on air cargo transportation, aircraft leasing and related maintenance and logistics services.
“This agreement marks an important step for ATSG as it reflects the advancement of our long-term strategy of investing in and building out our core air cargo and related aviation services businesses,” Greg Mays, president and CEO of ATSG, said. “We have been assessing strategic options for Omni for some time given the significant opportunities in air cargo. This transaction allows us to focus our resources more fully on serving that market and related customers. We look forward to continuing to execute on our strategic vision and are confident that OAI is the right next owner for Omni and their customers as they will benefit from OAI’s decades of proven aviation experience.”
OAI’s acquisition of Omni is not subject to any financing contingency, and closing of the transaction is subject only to limited customary closing conditions, including regulatory approval typical of transactions of this type. Pending receipt of regulatory approval, the transaction is expected to close in Q4/26 or early 2027.
Goldman Sachs is serving as financial advisor and Simpson Thacher & Bartlett and Hogan Lovells Cadwalader US are serving as legal counsel to ATSG. BDT & MSD Partners is serving as financial advisor and Spencer Fane is serving as legal advisor to OAI.
