ATSG Delivers Boeing 767-300 Freighter to Euroavia Airlines
August 08 2024 - 3:07PM
Business Wire
Air Transport Services Group, Inc. (NASDAQ: ATSG) announced
today that its subsidiary, Cargo Aircraft Management (CAM), has
leased a Boeing 767-300 converted freighter to New York-based SLG
Worldwide, who will sublease the aircraft to Euroavia Airlines, a
cargo airline headquartered in Larnaca, Cyprus.
“SLG Worldwide is an experienced provider of logistics and
aviation services around the world,” said Mike Berger, chief
executive officer of ATSG. “Our leasing arrangement with SLG
Worldwide in support of a new cargo airline exemplifies the
attractiveness of our Lease+Plus package. We can support a new
carrier with access to multiple services, including maintenance,
ensuring timely delivery of additional capacity to the Eurasia
markets.”
"We are thrilled to partner with ATSG to expand capacity with
this Boeing 767-300 freighter," stated Martin Zhu, chairman of
Euroavia Airlines. "This addition will significantly enhance our
ability to serve the growing demand in the Eurasia & Middle
East region, providing reliable and efficient cargo services."
“ATSG continues to develop and evolve global freighter capacity
around the globe,” added Berger. “Our focus is on markets poised
for growth where the economic data supports and validates our
investment and is supported through partnerships with customers who
are committed to delivering reliability and capacity to these
regions.”
About Air Transport Services Group
Air Transport Services Group (ATSG) is a premier provider of
aircraft leasing and cargo and passenger air transportation
solutions for both domestic and international air carriers, as well
as companies seeking outsourced airlift services. ATSG is the
global leader in freighter aircraft leasing with a fleet that
includes Boeing 767, Airbus A321, and Airbus A330 converted
freighters. ATSG's unique Lease+Plus aircraft leasing opportunity
draws upon a diverse portfolio of subsidiaries including three
airlines holding separate and distinct U.S. FAA Part 121 Air
Carrier certificates to provide air cargo lift, passenger ACMI and
charter services. Complementary services from ATSG's other
subsidiaries allow the integration of aircraft maintenance, airport
ground services, and material handling equipment engineering and
service. ATSG subsidiaries comprise 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.;
LGSTX Services, Inc.; and Omni Air International, LLC. For further
details, please visit www.atsginc.com.
About Euroavia Airlines
Euroavia Airlines is a cargo airline based in Larnaca, Cyprus,
providing a range of aviation services with a focus on cargo
transport across Eurasia and Mid-East. The company aims to enhance
connectivity and support the growing demand in the region.
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version on businesswire.com: https://www.businesswire.com/news/home/20240808299980/en/
Kym Parks, Director, Marketing Air Transport Services Group,
Inc. 937-470-5348 Kym.Parks@atsginc.com Martin Zhu Euroavia
Airlines/SLG Worldwide 516-666-1878 Martin.zhu@slgworldwide.com
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