ATSG airline subsidiaries complete merger

Air Transport Services Group reported the completion of the merger of two of its airline subsidiaries, Air Transport International and Capital Cargo International Airlines. The merger creates a single airline, ATI, with its headquarters in Little Rock, Ark., its operations center in Wilmington, Ohio, and its management team led by ATI President Dennis Manibusan. ATI currently operates 13 aircraft, including seven Boeing 767 freighters (five 767-200s and two 767-300s), three Boeing 757 freighters, and three DC-8 combi (combination passenger and main-deck cargo) aircraft. The three DC-8 combis are to be replaced soon with four Boeing 757 combis. The Air Carrier Certificate for CCIA has been surrendered to the Federal Aviation Administration, and its aircraft leases and other assets transferred to ATI, following that agency’s review and approval of the technical aspects of ATI’s airline merger plan. Further, the economic authority for CCIA has been surrendered to the U.S. Department of Transportation for cancellation.