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AMES and CCPA to Build Two-Bay Hangar Facility

  AMES and CCPA to Build Two-Bay Hangar Facility

       New Facility to bring 259 Additional Jobs to Wilmington Air Park

Business Wire

WILMINGTON, Ohio -- December 27, 2012

Airborne Maintenance and Engineering Services, Inc. (AMES) and the Clinton
County Port Authority have completed the necessary arrangements to proceed
with the financing and construction of a new hangar facility at the Wilmington
Air Park.

After nearly two years of careful planning, construction of the facility is
scheduled to begin in January and will take approximately 12-14 months to
complete. Preparation of the construction site is already underway. When
finished, the 100,000-sq-ft facility will be capable of housing multiple
aircraft as large as a Boeing 747-400 or Boeing 777-300ER. The hangar will be
owned by the Port Authority and occupied by AMES.

“This is a complex project that required extensive coordination between state
and local entities, both public and private,” said AMES President Brady
Templeton.

The project, negotiated with JobsOhio, Air Transport Services Group, Inc.
(ATSG), AMES and the Port Authority, represents not only the development of a
new $15.5 million hangar at the Wilmington Air Park, but the creation of 259
new jobs. In addition to the State of Ohio financing package of over $14
million that was negotiated, the Port Authority agreed to additional financial
incentives and other donations amounting to just over $3 million, from its own
resources. Local grants from the City of Wilmington, Clinton County and the
Wilmington Community Improvement Corporation for this project amounted to
$525,000.

Port Authority Chairman David Hockaday said, “In the spirit of cooperation we
have been able to negotiate this complex deal with the Company and the State
of Ohio. We are especially grateful to the City, the County, the Wilmington
CIC and the Wilmington City School District for their contributions to this
project. The creation of 259 new jobs by AMES will provide a much needed boost
to our local economy.”

The project represents an expansion in hangar capacity of almost 50 percent
for AMES, and will result in the eventual creation of hundreds of new jobs.
“We are already recruiting additional personnel,” noted AMES Director of Human
Resources Debbie Loveless, “and we will continue to ramp up employment through
the construction phase.” At the end of a three-year period, it is anticipated
that AMES employment at the Wilmington Air Park will exceed 640 individuals.

JobsOhio – in collaboration with local county, city, and school entities –
formulated a nearly $14.6 million financing package to assist the Port
Authority in construction. The financing will be repaid though a long-term
lease of the facility. AMES’ parent company, ATSG, has agreed to guarantee
this lease.

The new hangar will be located in the center of the Air Park, adjacent to the
existing hangar complex which is currently being utilized by AMES. The
location was chosen because of its close proximity to the existing hangars,
the availability of utilities and the ability to utilize existing ramp space
at the Air Park.

About the Clinton County Port Authority

The Port Authority is a special purpose government body, under Ohio law,
formed by the Clinton County Commissioners in 2004 to lead economic
development in Clinton County, Ohio. A primary function of the Clinton County
Port Authority is the creation and retention of jobs in Wilmington and Clinton
County. The Port Authority also owns and manages the Wilmington Air Park, a
1,900 acre facility with two parallel, commercial runways and nearly 3 million
sq. ft. of building space. The Port Authority works with regulatory agencies,
development agencies and the community to bring economic growth to the county.
Learn more at www.wilmingtonairpark.com.

About Airborne Maintenance and Engineering Services, Inc.

AMES is a one-stop aircraft maintenance, repair, and overhaul (MRO) provider
with an exceptional record of supplying timely, reliable, and cost-effective
services in Heavy Maintenance, Line Maintenance, Engineering and
Manufacturing, Component Repair and Overhaul, and Material Sales. AMES is a
wholly owned subsidiary of Air Transport Services Group (NASDAQ:ATSG). Visit
AMES on the web at www.airbornemx.com.

About Air Transport Services Group, Inc.

ATSG is a leading 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. ATSG, through its leasing
and airline subsidiaries, is the World's largest owner and operator of
converted Boeing 767 freighter aircraft. Through its principal subsidiaries,
including three airlines with separate and distinct U.S. FAA Part 121 Air
Carrier certificates, ATSG provides aircraft leasing, air cargo lift, aircraft
maintenance services and airport ground services. ATSG's subsidiaries include
ABX Air, Inc.; Airborne Global Solutions, Inc.; Air Transport International,
Inc.; Cargo Aircraft Management, Inc.; Capital Cargo International Airlines,
Inc.; and Airborne Maintenance and Engineering Services, Inc. Learn more at
www.atsginc.com.

Contact:

Airborne Maintenance and Engineering Services
Arlen Frogge, Manager, Maintenance and Engineering Sales,937-366-2616
arlen.frogge@airbornemx.com
or
Clinton County Port Authority
Beth Huber, Associate Director, 937-536-1776
bhuber@ccportauthority.com
 
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