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    ATSG Delivers Boeing 767-300 Freighter to CAMEX Airlines

    11/25/24 4:01:00 PM ET
    $ATSG
    Air Freight/Delivery Services
    Consumer Discretionary
    Get the next $ATSG alert in real time by email

    Air Transport Services Group, Inc. (NASDAQ:ATSG) announced today that its subsidiary Airborne Global Leasing has delivered a Boeing 767-300 converted freighter under a long-term lease agreement with Tbilisi-based CAMEX Airlines. The company expects to deliver a second Boeing 767-300 to CAMEX in 2025 under a separate lease agreement.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241125340699/en/

    ATSG announced that its subsidiary Airborne Global Leasing has delivered a Boeing 767-300 converted freighter to Tbilisi-based CAMEX Airlines. (Photo: Business Wire)

    ATSG announced that its subsidiary Airborne Global Leasing has delivered a Boeing 767-300 converted freighter to Tbilisi-based CAMEX Airlines. (Photo: Business Wire)

    "Our partnership with ATSG, the leader in freighter aircraft leasing, significantly enhances our capabilities and reach," said Ketevan Sabashvili, head of administration at CAMEX. "We are proud to offer expanded air freight solutions to our customers throughout the region with the addition of the Boeing 767-300 platform."

    Founded in 2022, CAMEX Airlines provides a variety of chartered air freight services from two main hubs, one in Slovenia and the other in Georgia. CAMEX Airlines' fleet also includes three Boeing 737-800BCF freighters.

    "ATSG is pleased to partner with CAMEX to expand air cargo options in the markets it serves," said Todd France, chief commercial officer of ATSG. "The delivery of this freighter brings our total number of externally leased aircraft around the world to 90 and further demonstrates the attractiveness of our Lease+Plus package, through which we can supply our customers with access to multiple services that complement the lease."

    About CAMEX Airlines

    CAMEX Airlines offers transcontinental air freight solutions that connect Asia, Europe, Africa and Middle East using its fleet of three Boeing 737-800BCF freighters operating out of Slovenia and Georgia. CAMEX Airlines was established in 2022 by parent company CAMEX International, a regional leader in freight-forwarding services. Learn more at camex.aero.

    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 soon, 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, and 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.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241125340699/en/

    Get the next $ATSG alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Q&A

    New
    • What recent announcement did ATSG make regarding CAMEX Airlines?

      Air Transport Services Group, Inc. (ATSG) announced the delivery of a Boeing 767-300 freighter to CAMEX Airlines under a long-term lease agreement.

    • When is ATSG expected to deliver the second Boeing 767-300 to CAMEX Airlines?

      ATSG plans to deliver a second Boeing 767-300 freighter to CAMEX in 2025 under a separate lease agreement.

    • What services does CAMEX Airlines provide and where are its hubs located?

      CAMEX Airlines, founded in 2022, offers chartered air freight services from Slovenia and Georgia using a fleet that includes Boeing 737-800BCF freighters.

    • How many externally leased aircraft does ATSG have in operation after the delivery to CAMEX?

      ATSG currently has a total of 90 externally leased aircraft around the world, with the addition of the Boeing 767-300 to CAMEX.

    • What did CAMEX Airlines' administration say about the partnership with ATSG?

      Ketevan Sabashvili, head of administration at CAMEX, stated that their partnership with ATSG enhances their capabilities and expands air freight solutions in the region.

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