ATSG

Erickson Group acquires 321 Precision Conversions Shutterstock

Erickson Group acquires 321 Precision Conversions

321 Precision Conversions, a provider of Airbus A321-200PCF freighter conversions, has announced that Erickson Group (Erickson), a global and diversified aviation and aerospace business, has acquired full ownership of the company through its wholly owned subsidiary, Precision Aircraft Solutions. Under the terms of the transaction, Erickson has increased its existing majority holding in 321 Precision […]

Erickson Group acquires 321 Precision Conversions Read More »

Greg Mays ATSG

Air Transport Services Group names Greg Mays as President

Air Transport Services Group (ATSG), has announced the appointment of Greg Mays as President for the company’s commercial and operations teams. Mays is a seasoned aviation executive with a track record of delivering growth and operational excellence. As Executive Vice President and Chief Operating Officer at Sun Country Airlines, he led the carrier through periods

Air Transport Services Group names Greg Mays as President Read More »

© ULS Airlines Cargo

ATSG delivers second A330 Freighter to ULS Airlines Cargo

Air Transport Services Group, Inc. (ATSG), a prominent provider of cargo aircraft leasing, air cargo transport, and related services, has delivered its second Airbus A330 passenger-to-freighter conversion to ULS Airlines Cargo, based in Istanbul, Türkiye. The A330-300P2F is a wide-body freighter capable of carrying approximately 62 tonnes of gross payload with a cargo volume exceeding

ATSG delivers second A330 Freighter to ULS Airlines Cargo Read More »

TXT Group has completed the acquisition of SmartRoutes® from Nexteon Technologies

ATSG stockholders approve merger with Stonepeak

Air Transport Services Group (ATSG), a global powerhouse in medium wide-body freighter aircraft leasing, air transport operations, and support services, has announced that its stockholders have voted to approve the proposed merger with Stonepeak, an alternative investment firm specialising in infrastructure and real assets. The approval was confirmed at a special meeting of ATSG’s stockholders.

ATSG stockholders approve merger with Stonepeak Read More »

Airborne Global Leasing has delivered a Boeing 767-300 converted freighter to Tbilisi-based CAMEX Airlines © Business Wire

ATSG delivers Boeing 767 freighter to CAMEX Airlines

Air Transport Services Group (ATSG) has announced that its subsidiary, Airborne Global Leasing, has delivered a Boeing 767-300 converted freighter to Tbilisi-based CAMEX Airlines under a long-term lease agreement. A second Boeing 767-300 is scheduled for delivery to CAMEX in 2025 under a separate lease arrangement. Founded in 2022, CAMEX Airlines provides a range of

ATSG delivers Boeing 767 freighter to CAMEX Airlines Read More »

Investment firm Stonepeak will acquire ATSG in a US$3.1 billion deal

ATSG to go private in US$3.1 billion acquisition by Stonepeak

Air Transport Services Group (ATSG), a major player in leasing medium wide-body freighter aircraft and air transport operations, announced it will be acquired by Stonepeak, an investment firm specialising in infrastructure, for approximately US$3.1 billion. This all-cash acquisition at US$22.50 per share represents a 29.3% premium over ATSG’s recent share price, benefiting shareholders with substantial

ATSG to go private in US$3.1 billion acquisition by Stonepeak Read More »

EuroaviaAirlines has leased one Boeing 767-300 converted freighter © Boeing

Euroavia Airlines leases one Boeing 767 Freighter from CAM

Euroavia Airlines, a cargo carrier headquartered in Larnaca, Cyprus, has leased a Boeing 767-300 converted freighter from Cargo Aircraft Management (CAM), a subsidiary of Air Transport Services Group. The aircraft was secured through a sublease arrangement with New York-based SLG Worldwide. Mike Berger, the Chief Executive Officer of ATSG, highlighted the significance of this arrangement,

Euroavia Airlines leases one Boeing 767 Freighter from CAM Read More »