Corrado Elected COO of Air Transport Services Group



Air Transport Services Group’s board of directors elected Richard F. Corrado as chief operating officer of the cargo aircraft leasing and services company.

Corrado has served since 2010 as chief commercial officer of ATSG, and president of its Cargo Aircraft Management (CAM) and Airborne Global Solutions (AGS) subsidiaries. As COO, he assumes responsibility for the operating units of ATSG, including its cargo airlines and aircraft maintenance businesses. He will continue to report to ATSG President and CEO Joe Hete in his new role, while maintaining his AGS responsibilities on an interim basis.

Prior to joining ATSG, Corrado was chief operating officer of AFMS Logistics Management and president of Transform Consulting Group. He also held other key senior marketing leadership positions in the air express industry, serving as executive vice president of air services for DHL Express, and senior vice president of marketing for Airborne Express.

“During his more than seven years with ATSG, our externally leased portfolio of Boeing 767 freighters has more than tripled to 47 today, including the 767s we now lease to, and operate for, Amazon and DHL in the U.S.,” Hete said. “I am confident Rich will be just as effective in the future running our extensive collection of airline, maintenance and service businesses as I focus more on strategic opportunities and overall performance.”

“I know I speak for the board in saying that Rich Corrado has demonstrated the comprehensive skill sets needed to both build and run profitable businesses of any scale. We are confident that as chief operating officer, he will work effectively with the talented leaders throughout the company to achieve even stronger performance and greater capabilities for our customers across the full range of our operating entities,” said Randy Rademacher, board chairman of ATSG.

ATSG is a provider of aircraft leasing and air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements.


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com