ATSG subsidiary delivers converted B767 for dry lease operations

Cargo Aircraft Management (CAM), a subsidiary of Air Transport Services Group, has delivered a converted Boeing 767-200 to Malaysian carrier Raya Airways to be leased under a five-year contract.

The aircraft is the second Boeing 767-200 freighter that Raya Airways has leased from CAM and put into service.

ATSG said that though dry leasing, it provides its customers with the opportunity to cost-effectively grow capacity to meet market demands.

The Boeing 767 meanwhile is, according to ATSG, a leader in converted dry leasing.

• Amazon expands fleet with 12 leased freighters from ATSG

• ATSG reports record revenues but profits slide

Raya Airways carries out airfreight operations in 10 locations in the Asia-Pacific region.

Mohamad Najib Bin Ishak, managing director of Raya Airways, commented: “We are proud to take acceptance of this airplane from ATSG.

“It represents a significant step forward for our business and continued growth of our airline. It was awesome to see this plane arrive to such a warm welcome.”

Mike Berger, chief commercial officer of ATSG, added: “Personally I couldn’t be happier that ATSG was able to deliver this aircraft and increase Raya Airways’ capacity. This is the next step in our valued relationship as their service to the Asia-Pacific market continues to grow.”