EGAT takes step back from conversions

• Jeff Lee
• January 7, 2020
• Aircraft, Conversions, Equipment, Exclusive, News, Strategy, Widebody Conversions

Evergreen Aviation Technologies (EGAT) will be backing away from freighter conversions in 2020. The company confirmed to Cargo Facts that it isn’t scheduled to carry out any 767-300 passenger-to-freighter conversions at its Taipei (TPE) facility this year, as MRO capacity has been committed to maintenance and interior retrofits for its airline customers. This leaves the […]

Fifth CAM 767 destined for Amazon this year redelivered

• Jeff Lee
• August 26, 2019
• Aircraft, All Posts, Capacity & Demand, Carriers, Conversions, Features, Freighter Aircraft Transactions, News, Strategy

Cargo Aircraft Management (CAM), the leasing arm of Air Transport Services Group (ATSG), has taken redelivery of another 767-300BDSF (26913, ex-Air New Zealand) [FAT 005105]. This aircraft is the fifth 767 to be leased by CAM to Amazon in 2019 and will be operated by ATSG affiliate carrier Air Transport International (ATI) [FAT 005108 and […]

LATAM inducts third 767 for conversion into BCF

• Jeff Lee
• August 20, 2019
• Aircraft, All Posts, Carriers, Conversions, Features, Freighter Aircraft Transactions, News, Strategy

LATAM Cargo has inducted what will be its third 767-300BCF for conversion at the ST Engineering Aerospace facility in Singapore’s Paya Lebar Air Base (QPG), Boeing and LATAM both confirmed to Cargo Facts [FAT 005096]. The aircraft (34629) is the final outstanding BCF LATAM currently has on order with Boeing. Unit 34629 was delivered to […]

IAI inducts another 767 for CAM, but is it destined for Amazon?

• Charles Kauffman
• July 17, 2019
• Conversions, Features, News

Earlier this week, Cargo Aircraft Management (CAM) ferried a 767-300 (29228, ex-LATAM) to Tel Aviv (TLV) where it was inducted for conversion to freighter configuration by Israel Aerospace Industries (IAI) [FATs 005048-005049]. The induction boosts the number of CAM-owned 767-300s currently undergoing conversion in Tel Aviv to six, at least three of which are expected […]

ATSG expands credit facility to grow 767 freighter fleet

• Caryn Livingston
• May 29, 2019
• Aircraft, Carriers

Yesterday, Air Transport Services Group announced the growth of its credit facility by US$100 million to $645 million, along with a one-year extension through May 2024. Quint Turner, ATSG’s CFO, said the company will invest a majority of its $475 million capital expenditure budget this year to acquire thirteen 767-300s, most of which will be […]

ATSG adds UPS as new dry lease customer, reports strong 1Q19

• Charles Kauffman
• May 9, 2019
• Aircraft, Carriers, Earnings

Air Transport Services Group (ATSG) today released its first-quarter results for the period ending 31 March, reporting customer revenues up 71% y-o-y for the quarter to $348.2 million on increased ACMI flying. Net earnings, meanwhile, were up a solid 35% to $22.7 million. Robust demand from existing customers such as Amazon and DHL, as well […]

ATSG’s appetite for 767Fs to persist beyond 2019

• Charles Kauffman
• August 7, 2018
• Aircraft, E-Commerce, Earnings, Express, News

Concurrently with the reporting of its 2Q18 financial results, during a call with financial analysts, Air Transport Services Group (ATSG) doubled-down on its commitment to the 767 platform through 2019 and beyond, signaling that it will add between six and ten of the type in 2019, and is likely to add more in 2020 and […]

First freighter aircraft transactions of February 2018

• Charles Kauffman
• February 5, 2018
• Conversions, News

Every week in Cargo Facts Update, we include a list of recent freighter aircraft transactions, and then a comprehensive summary in the monthly issue of Cargo Facts. Each reference to a freighter aircraft transaction (FAT) in our publications contains a unique FAT code linked to the FAT database on the CargoFacts.com website. This database is […]