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ATSG Delivers Boeing 767-300 Freighter to CAMEX Airlines

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Air Transport Services Group (ATSG) has delivered a Boeing 767-300 converted freighter to Tbilisi-based CAMEX Airlines through its subsidiary Airborne Global Leasing under a long-term lease agreement. A second Boeing 767-300 is expected to be delivered to CAMEX in 2025. CAMEX Airlines, founded in 2022, operates from hubs in Slovenia and Georgia with three Boeing 737-800BCF freighters. This delivery brings ATSG's total externally leased aircraft worldwide to 90, showcasing the success of their Lease+Plus package which offers complementary services alongside aircraft leasing.

Air Transport Services Group (ATSG) ha consegnato un Boeing 767-300 convertito in cargo alla compagnia CAMEX Airlines con sede a Tbilisi attraverso la sua controllata Airborne Global Leasing, nell'ambito di un contratto di leasing a lungo termine. Si prevede che un secondo Boeing 767-300 venga consegnato a CAMEX nel 2025. CAMEX Airlines, fondata nel 2022, opera da hub in Slovenia e Georgia con tre cargo Boeing 737-800BCF. Questa consegna porta a 90 il numero totale di aeromobili in leasing esterno di ATSG in tutto il mondo, dimostrando il successo del loro pacchetto Lease+Plus, che offre servizi complementari insieme al leasing di aeromobili.

Air Transport Services Group (ATSG) ha entregado un Boeing 767-300 convertido en carguero a CAMEX Airlines, con sede en Tbilisi, a través de su filial Airborne Global Leasing bajo un contrato de arrendamiento a largo plazo. Se espera que un segundo Boeing 767-300 sea entregado a CAMEX en 2025. CAMEX Airlines, fundada en 2022, opera desde centros en Eslovenia y Georgia con tres cargueros Boeing 737-800BCF. Esta entrega eleva el total de aeronaves arrendadas externamente por ATSG en todo el mundo a 90, lo que demuestra el éxito de su paquete Lease+Plus, que ofrece servicios complementarios junto al arrendamiento de aeronaves.

항공 운송 서비스 그룹 (ATSG)티빌리시에 본사를 둔 CAMEX Airlines볼보 767-300 화물기로 개조된 비행기를 장기 임대 계약을 통해 그 자회사인 Airborne Global Leasing을 통해 인도했습니다. 두 대의 볼보 767-300은 2025년 CAMEX에 인도될 예정입니다. 2022년에 설립된 CAMEX Airlines는 슬로베니아와 조지아에 허브를 두고 있으며, 세 대의 볼보 737-800BCF 화물기를 운영하고 있습니다. 이번 인도로 ATSG의 전 세계 임대 항공기 총 수는 90대로 증가하였으며, 이는 항공기 임대와 함께 보조 서비스를 제공하는 Lease+Plus 패키지의 성공을 보여줍니다.

Air Transport Services Group (ATSG) a livré un Boeing 767-300 converti en freighter à CAMEX Airlines, basée à Tbilisi, par l'intermédiaire de sa filiale Airborne Global Leasing dans le cadre d'un contrat de location à long terme. Un second Boeing 767-300 devrait être livré à CAMEX en 2025. CAMEX Airlines, fondée en 2022, opère à partir de hubs en Slovénie et en Géorgie avec trois Boeing 737-800BCF freighters. Cette livraison porte à 90 le nombre total d'aéronefs loués à l'extérieur par ATSG dans le monde, illustrant le succès de leur package Lease+Plus, qui offre des services complémentaires en plus de la location d'aéronefs.

Air Transport Services Group (ATSG) hat einen konvertierten Boeing 767-300 Frachter an die in Tiflis ansässige CAMEX Airlines durch ihre Tochtergesellschaft Airborne Global Leasing im Rahmen eines langfristigen Leasingvertrags geliefert. Eine zweite Boeing 767-300 wird voraussichtlich 2025 an CAMEX geliefert. Die 2022 gegründete CAMEX Airlines operiert von Drehkreuzen in Slowenien und Georgien aus mit drei Boeing 737-800BCF Frachtern. Diese Lieferung erhöht die Gesamtzahl der von ATSG weltweit extern geleasten Flugzeuge auf 90 und zeigt den Erfolg ihres Lease+Plus-Pakets, das ergänzende Dienstleistungen neben dem Flugzeugleasing anbietet.

Positive
  • Expansion of leasing business with new customer CAMEX Airlines
  • Secured future delivery agreement for second Boeing 767-300 in 2025
  • Reached milestone of 90 externally leased aircraft worldwide
Negative
  • None.

Insights

This aircraft delivery marks a significant expansion for ATSG's leasing business, bringing their external lease portfolio to 90 aircraft. The deal with CAMEX Airlines represents strategic growth in the Eastern European market, where air cargo demand has been resilient. The Boeing 767-300 freighter is a proven mid-size cargo aircraft with strong economics and reliability, making it an attractive option for regional carriers.

The commitment for a second aircraft delivery in 2025 indicates confidence in market growth and CAMEX's business model. For ATSG, this deal strengthens their market position and diversifies their customer base geographically. The Lease+Plus package offering demonstrates ATSG's ability to generate additional revenue streams beyond basic leasing through complementary services.

WILMINGTON, Ohio--(BUSINESS WIRE)-- 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.

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.

Kym Parks, Director, Marketing

Air Transport Services Group, Inc.

937-470-5348

Kym.Parks@atsginc.com

Source: Air Transport Services Group, Inc.

FAQ

When will ATSG deliver the second Boeing 767-300 to CAMEX Airlines?

ATSG expects to deliver the second Boeing 767-300 to CAMEX Airlines in 2025 under a separate lease agreement.

How many aircraft does ATSG currently have on external lease globally?

ATSG currently has 90 aircraft on external lease around the world.

What type of aircraft does CAMEX Airlines currently operate in its fleet?

CAMEX Airlines operates three Boeing 737-800BCF freighters, and now one Boeing 767-300 converted freighter.

Where are CAMEX Airlines' main operational hubs located?

CAMEX Airlines operates from two main hubs, one in Slovenia and the other in Georgia.

Air Transport Services Group, Inc.

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