ATSG Deploys Four More Freighters in Support of DHL’s U.S. Network
WILMINGTON, Ohio -- January 24, 2013
Air Transport Services Group, Inc. (NASDAQ:ATSG) announced today that its
airline subsidiaries are deploying four additional freighter aircraft in
January to support the U.S. portion of DHL’s international network.
The additions include three Boeing 767-200 freighters operated by subsidiary
ABX Air under terms of its continuing CMI agreement with DHL, and a Boeing
757-200 freighter operated by subsidiary Air Transport International (ATI)
under a multi-year ACMI agreement, bringing ATSG's support of DHL's network up
to a total of 27 available aircraft.
Twenty-three of those 27 aircraft are owned by ATSG, and four are owned by and
leased from DHL. ATSG subsidiary Cargo Aircraft Management (CAM) provides 13
of the 23 under seven-year dry leases to DHL terminating either in 2017 or
As part of a fleet modernization strategy undertaken by ATSG and DHL, the new
implementations replace retiring Boeing 727 aircraft operated by ATI and a
third airline subsidiary, Capital Cargo International Airlines (CCIA). The
retired freighters will be offered for sale.
Rich Corrado, Chief Commercial Officer for ATSG, said, “These newer generation
aircraft provide greater capacity, higher reliability and more efficient fuel
burn, expanding and improving DHL’s service for its customers. This commitment
to service by both companies has allowed for exceptional growth, particularly
over the past two years.”
About Air Transport Services Group, Inc. (ATSG)
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. For more
information, please see www.atsginc.com.
Quint O. Turner, Chief Financial Officer, 937-382-5591
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