ATSG now expects to redeliver six 767-300BDSFs to Amazon, four to UPS in 2019

Today, along with its 2Q19 earnings, Ohio-based Air Transport Services Group (ATSG) revealed plans to accelerate placements of freighter-converted 767-300BDSFs with Amazon from five to six before year-end 2019. ATSG also said it is on track to deliver four freighter-converted 767-300BDSFs to UPS by the end of the year, with the first aircraft to be […]

ATSG expands credit facility to grow 767 freighter fleet

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 […]

Amazon growing last-mile strength, planning to go toe-to-toe with integrators?

Major integrators FedEx and UPS have been adamant that they aren’t worried by Amazon’s growing freighter fleet and last-mile delivery network. However, after yesterday’s release of fourth-quarter and full-year 2018 results from US-based 3PL and major Amazon service provider XPO Logistics, perhaps integrators and other logistics providers in major markets served by Amazon should be […]

Freighter aircraft transactions through December

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 […]

ATSG nabs portfolio of 20 ex-American 767s for conversion

Cargo Aircraft Management (CAM), the leasing affiliate of Air Transport Services Group (ATSG), has agreed to acquire from Jetran twenty 767-300ERs slated to come out of passenger service with American Airlines over the next three years. As ATSG continues to secure conversion feedstock, the company is well positioned to supply the express industry’s seemingly incessant […]

ATSG reports improved income in 3Q, looks to add more 767s

During an earnings call to discuss its third quarter financial results today, Ohio-based Air Transport Services Group reported that unexpected delays in deploying three 767 freighters through its leasing arm led to lower-than-expected revenue during the quarter. However, those aircraft are on track for deployment by the end of this year, and ATSG is on […]

Freighter aircraft transactions through the end of July

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 […]
Page 1 of 612345 » ...Last »
CF_9_18_cover