ATSG Announces New President of Airline Subsidiary ATI

Rhea-AI Summary

Air Transport Services Group, Inc. (ATSG) announced the retirement of President James O'Grady and the appointment of Mike Betson as his replacement. O'Grady, who served as President of Air Transport International, Inc. since 2016, retired after a 40-year career in aviation. Betson, who has been the Chief Operating Officer of ATI since 2021, previously held a leadership position at United Parcel Service. Joe Hete, chairman and CEO of ATSG, praised O'Grady's dedication and welcomed Betson's leadership. The transition is expected to ensure ATI's continued success.

WILMINGTON, Ohio--(BUSINESS WIRE)-- Air Transport Services Group, Inc., (Nasdaq: ATSG) today announced the retirement of James O'Grady, President of Air Transport International, Inc., an airline subsidiary of ATSG, and the appointment of his replacement, Mike Betson.

James O'Grady has retired after a 40-year career in aviation. (Photo: Business Wire)

O'Grady served as President of ATI since January 2016. Prior to that he had been Chief Operating Officer since September 2014. Before joining the airline, he held management positions in other ATSG subsidiaries, including serving as Managing Director of Global Flight Source, a subsidiary of ATSG subsidiary Airborne Global Solutions. O'Grady began his career with the company at ATSG subsidiary ABX Air in 1983.

"Jim's unwavering dedication to the corporation's success has been nothing short of extraordinary," said Joe Hete, chairman and chief executive officer of ATSG. "Throughout four decades of service, Jim consistently demonstrated an exceptional level of commitment, vision, and passion for executing ATSG's strategic mission. We wish him the very best for the future."

"As we go forward," continued Hete, "ATI will be in good hands with Mike, whose leadership has already proven decisive in continuing the airline's record of success."

Betson has overseen the day-to-day operations of the airline as Chief Operating Officer since 2021. Prior to joining ATI, he was Vice President of Industrial Engineering for United Parcel Service, where he was responsible for global planning, execution, and service results for over 17,000 employees including airline pilots, mechanics, package handlers and vendors. Betson holds a bachelor’s degree in organizational management from Cabrini University.

About Air Transport International, Inc.

Air Transport International, Inc. (ATI) is an experienced U.S. FAA Part 121 passenger and cargo airline headquartered in Wilmington, Ohio. With four decades and thousands of hours of cargo and "combi" passenger aircraft operations experience, ATI has the expertise to respond to emergency one-time charters as well as long-term scheduled programs anywhere in the world. ATI is a wholly owned subsidiary of ATSG. Visit airtransport.cc to learn more.

About Air Transport Services Group, Inc.

ATSG is a leading provider of aircraft leasing and cargo and passenger air transportation and related services to domestic and foreign air carriers and other companies that outsource their cargo and passenger airlift requirements. ATSG, through its leasing and airline subsidiaries, is the world's largest owner and operator of converted Boeing 767 freighter aircraft. 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 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.; and Omni Air International, LLC. For more information, please see www.atsginc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240125089942/en/

Quint O. Turner

ATSG Inc. Chief Financial Officer

937-382-5591

Source: Air Transport Services Group, Inc.

FAQ

Who is retiring from Air Transport Services Group, Inc.?

James O'Grady is retiring from ATSG.

Who is replacing James O'Grady as President of Air Transport International, Inc.?

Mike Betson is replacing James O'Grady as President of ATI.

How long did James O'Grady serve as President of ATI?

James O'Grady served as President of ATI since January 2016.

What position did Mike Betson hold at United Parcel Service?

Mike Betson was Vice President of Industrial Engineering at United Parcel Service.

What is the educational background of Mike Betson?

Mike Betson holds a bachelor’s degree in organizational management from Cabrini University.