Air Transport Services Group, Inc. (NASDAQ: ATSG) announced the delivery by its Cargo Aircraft Management (CAM) subsidiary of a Boeing 767-200 converted freighter to Raya Airways of Malaysia under a five-year lease. This will be the second Boeing 767-200 freighter that Raya Airways has leased from CAM and put into service.
As the global leader in 767 converted freighter dry leasing, ATSG provides dry leasing customers the opportunity to cost effectively grow capacity to meet market demands.
Raya Airways provides air cargo service to more than 10 locations across the Asia-Pacific region and have been renowned for their safety and professional standards for more than 25 years.
“We are proud to take acceptance of this airplane from ATSG,” said Mohamad Najib Bin Ishak, managing director of Raya Airways. “It represents a significant step forward for our business and continued growth of our airline. It was awesome to see this plane arrive to such a warm welcome.”
Mike Berger, chief commercial officer of ATSG, said: “Personally I couldn’t be happier that ATSG was able to deliver this aircraft and increase Raya Airways' capacity. This is the next step in our valued relationship as their service to the Asia-Pacific market continues to grow.”
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, passenger ACMI and charter services, aircraft maintenance services and airport ground services. ATSG's subsidiaries include ABX Air, Inc.; Airborne Global Solutions, Inc.; Airborne Maintenance and Engineering Services, Inc., including its subsidiary, Pemco World Air Services, Inc.; Air Transport International, Inc.; Cargo Aircraft Management, Inc.; and Omni Air International, LLC. For more information, please see www.atsginc.com.
ATSG Inc. Chief Financial Officer