Air Transport Services Group (ATSG) is an American aviation

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

which provides air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements. ATSG, is the world's largest lessor of converted Boeing 767 freighter aircraft through its leasing division, Cargo Aircraft Management. 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 Cargo Aircraft Management;

ABX Air ABX Air, Inc., formerly Airborne Express, is a cargo airline headquartered at Wilmington Air Park near the City of Wilmington, Ohio, Wilmington, Ohio, USA. ABX Air operates scheduled, ad hoc charter and Aircraft lease, ACMI (Aircraft, Crew, Mai ...

;

Air Transport International Air Transport International, Inc. is an airline based in Wilmington, Ohio, United States. It operates worldwide cargo charters and combi charters for the express package industry and freight forwarders, as well as for the United States Department ...

; Omni Air International, Airborne Global Solutions; Airborne Maintenance & Engineering Services, including its subsidiary, Pemco Conversions dba Pemco World Air Services; and LGSTX Services. ATSG owns a 25 percent equity interest in

West Atlantic West Atlantic is a holding company for two European cargo airlines, West Air Sweden and West Atlantic UK, with its head office in Malmö, Sweden. West Atlantic employ some 650 staff and operate a fleet of 22 aircraft. The airline specializes in ...

. In March 2016, ATSG announced an agreement to operate an air cargo network to serve

Amazon.com Amazon.com, Inc. ( ) is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It has been referred to as "one of the most influential econo ...

customers in the United States including: the leasing of 20 Boeing 767 freighter aircraft by ATSG subsidiary

Cargo Aircraft Management Cargo consists of bulk goods conveyed by water, air, or land. In economics, freight is cargo that is transported at a freight rate for commercial gain. ''Cargo'' was originally a shipload but now covers all types of freight, including trans ...

; the operation of the aircraft by ATSG airline,

; and gateway and logistics services provided by LGSTX Services. The 20 leases will be for five to seven years and operations agreements are for five years. ATSG will also grant Amazon warrants to soon buy 9.99% and up to 19.9% over a five-year period of ATSG common shares. May 2021, Amazon.com exercised ATSG warrants it holds to acquire 19.5% of their common shares, including a cash equity investment of $132 million. In January 2017, ATSG announced it had acquired Tampa, Florida-based

PEMCO World Air Services PEMCO Insurance is a personal-lines mutual insurance company based in Seattle, Washington that serves only Washington and Oregon residents. History In 1936, Seattle school teacher Robert J. Handy took advantage of the newly legalized “credit ...

, a commercial aircraft maintenance, repair & overhaul provider and Boeing 737 passenger-to-freighter conversion house. On October 2, 2018, ATSG announced that it had agreed to acquire Omni Air International LLC (Omni Air) based in Tulsa, Oklahoma. Omni Air is a passenger ACMI and charter services provider with significant experience serving U.S. and allied foreign governments plus commercial customers. They are a leading provider of passenger airlift services to the U.S. Department of Defense (DoD) via the Civil Reserve Air Fleet (CRAF) program, and a worldwide provider of full-service passenger charter and ACMI services. Omni Air also carries passengers worldwide for a variety of private sector customers and government services firms. Omni Air, founded in 1993, is an FAR Part 121 certificated and IATA Operational Safety Audit registered airline. In December 2018 it was announced that additional agreements to lease and operated ten additional Boeing 767s for

Services, Inc., to extend leases for twenty 767 aircraft ATSG provides to Amazon and extend the operating agreement through which ATSG's airline operate those aircraft in the Amazon Network. On February 24, 2020, CEO Joe Hete announced his retirement effective on May 7, 2020 after 40 years of service to ATSG and its subsidiary companies. On May 7, 2020, Joe Hete was elected as Chairman of the Board for ATSG and Rich Corrado was elected CEO and President of ATSG. In June, 2020, Air Transport Services Group, Inc. has deployed a Boeing 767-300 converted freighter in June in support of the DHL Express network in Asia under the terms of a stand-alone ACMI agreement with DHL-Bahrain. December 2020, ATSG is named to the Forbes Best Small Companies List for 2020. May 2021, ATSG and GA Telesis announced a joint venture that will establish an engine hospital facility in the United States.

Subsidiaries

– aircraft and engine leasing division *

Airborne Global Solutions Airborne or Airborn may refer to: Arts, entertainment, and media Films * ''Airborne'' (1962 film), a 1962 American film directed by James Landis * ''Airborne'' (1993 film), a comedy–drama film * ''Airborne'' (1998 film), an action film sta ...

– Cargo and Passenger airline *

– Cargo airline * Omni Air International – Passenger ACMI & Charter Airline * Airborne Maintenance & Engineering Services – Maintenance, Repair & Overhaul (MRO) *PEMCO Conversions – Boeing 737 and Airbus A321 Passenger to Freighter Conversion * LGSTX Services – Airport Support Services Company * TriFactor Distribution Solutions – Material Handling Design, Engineering, and Installation

References

External links

Corporate site
{{Aircraft leasing companies Airlines for America members Companies based in Ohio Clinton County, Ohio Cargo airlines of the United States Aircraft leasing companies Boeing 767 Companies listed on the Nasdaq