Cargojet signs lease for two B767-200ERFs

AIR TRANSPORT SERVICES GROUP has signed an agreement to dry-lease two B767-200ER freighters to Canada-based Cargojet for up to three years.
Cargojet currently dry-leases two B767-200Fs from ATSG’s subsidiary, Cargo Aircraft Management, under long-term agreements, and has now added a further pair from CAM.
The first aircraft is expected to be delivered by the end of the second quarter 2014, with the second aircraft coming early in the third quarter of this year
ATSG president and chief executive Joe Hete says: "Cargojet will be putting these aircraft to work quickly. Our long term relationship with them, and prior experience in leasing these aircraft-types into Canada, will provide more rapid into-service capability."
Ajay Virmani, president and chief executive of Cargojet, said that the airline is in the process of a fleet renewal plan: "Leasing these two additional 767-200Fs is part of our current growth strategy."
CAM president Rich Corrado says: “We now expect 23, or over half, of our 767 freighters to be operating under long-term dry leases with external customers by the end of the third quarter this year, and the remainder being leased by ATSG subsidiary airlines."

Share this story

Related Topics

Latest airlines news

VIDEO: Schiphol’s van Hemert on challenging market conditions

By Damian Brett

The Air Cargo News video team caught up with Anne Marie van Hemert, head of aviation business development, Schiphol Airport,…

Read More

Share this story

Emirates SkyCargo and United Cargo sign cargo interline and block space MoU

By Rebecca Jeffrey

Emirates SkyCargo and United Cargo have signed a Memorandum of Understanding (MoU) to work closely on issues including expanding cargo…

Read More

Share this story

Air Canada Cargo launches B767 freighters from St. John’s to Europe

Air Canada Cargo is launching a five times a week B767 freighter service from St. John’s (YYT) to Frankfurt and Madrid. Effective…

Read More

Share this story