Air Transport Services Group has entered into a definitive agreement to be acquired by Stonepeak in an all-cash transaction with an enterprise valuation of approximately $3.1 billion. read more
NOV 5, 2024 - 5:54 am
Air Transport Services Group subsidiary Cargo Aircraft Management has leased a Boeing 767-300 converted freighter to New York-based SLG Worldwide, which will sublease the aircraft to Euroavia Airlines, a cargo airline headquartered in Larnaca, Cyprus. read more
AUG 9, 2024 - 6:17 am
Air Transport Services Group (ATSG), through its leasing subsidiary, Cargo Aircraft Management (CAM), recently delivered two Boeing 767-300 aircraft to Georgian Airways of Tbilisi, Georgia under multi-year leases. read more
JUL 31, 2024 - 6:12 am
Air Transport Services Group’s subsidiary, Airborne Global Leasing, has signed leased agreements for two additional Boeing 767-300 converted freighter aircraft to My Freighter Cargo Airlines of Tashkent, Uzbekistan. read more
JUL 3, 2024 - 6:16 am
The board of directors of Air Transport Services Group, a provider of medium wide-body freighter aircraft leasing, air operations and support services, elected Mike Berger president of the company. Berger was previously the firm’s chief strategy officer. read more
OCT 3, 2023 - 6:58 am
Air Transport Services Group (ATSG) named Paul Chase, an experienced air cargo industry executive, to succeed Mike Berger as chief commercial officer. Berger will transition to chief strategy officer, effective Dec. 5. Chase will report to Rich Corrado, president and CEO of ATSG. read more
NOV 22, 2022 - 7:20 am
Cargo Aircraft Management, the leasing subsidiary of Air Transport Services Group, placed a second order with Boeing for the conversion of four Cargo Aircraft Management-owned 767-300 aircraft into Boeing Converted Freighters, with an option for four additional conversions. read more
MAR 21, 2022 - 6:07 am
Air Transport Services Group’s leasing subsidiary, Cargo Aircraft Management, began its first Airbus A321 aircraft passenger-to-freighter conversion. PEMCO Conversions, another subsidiary of Air Transport Services Group, inducted the aircraft for conversion on March 8. read more
MAR 10, 2022 - 6:45 am
Air Transport Services Group executed agreements with DHL Network Operations under which ATSG’s Cargo Aircraft Management and ABX Air subsidiaries will continue to lease aircraft to DHL and operate those aircraft within DHL’s global network. read more
FEB 10, 2022 - 6:28 am
Air Transport Services Group’s Cargo Aircraft Management leasing business committed to purchase its first two Airbus A321-200 passenger aircraft, one this year and a second in Q1/22. Both aircraft will undergo passenger-to-freighter conversion. read more
JUN 30, 2021 - 6:19 am
Air Transport Services Group’s leasing subsidiary, Cargo Aircraft Management, committed to provide four additional Boeing 767-300 converted freighters to DHL Express under the terms of standalone dry lease agreements. read more
MAY 26, 2021 - 6:07 am
Air Transport Services Group’s Cargo Aircraft Management subsidiary delivered a Boeing 767-200 converted freighter to Raya Airways of Malaysia under a five-year lease. This is the third Boeing 767-200 freighter Cargo Aircraft Management has leased to Raya Airways. read more
APR 9, 2021 - 6:23 am
Air Transport Services Group’s Cargo Aircraft Management subsidiary agreed to purchase two Boeing 767-300ER aircraft from Air Canada of Montreal, convert them from passenger to freighter configuration and lease them back to Air Canada. read more
JAN 15, 2021 - 7:05 am
Cargo Aircraft Management, Air Transport Services Group’s leasing subsidiary, delivered a converted Boeing 767-300ER freighter to Cargojet Airways of Mississauga, Canada, under the terms of a seven-year lease agreement. read more
NOV 12, 2020 - 7:19 am
Air Transport Services Group’s Cargo Aircraft Management subsidiary delivered a Boeing 767-200 converted freighter to Astral Aviation of Kenya under a five-year lease. This is the first aircraft ATSG has leased to Astral as well as the first Boeing 767 that Astral has put into service. read more
OCT 30, 2020 - 8:07 am