ATSG Delivers Third Boeing 767 Freighter to Raya Airways of Malaysia
Air Transport Services Group (NASDAQ: ATSG) announced the delivery of a Boeing 767-200 converted freighter to Raya Airways, a Malaysian cargo airline, under a five-year lease. This marks the third freighter leased to Raya by ATSG, reinforcing its position as a leader in 767 freighter leasing. Raya Airways, which operates a network across Southeast Asia and North Asia, expressed satisfaction with the Boeing 767's performance, noting its pivotal role in the airline's growth. ATSG plans to further develop its relationship with Raya to support the airline's expansion in the Asia-Pacific market.
- Delivery of third Boeing 767-200 freighter to Raya Airways strengthens ATSG's leasing portfolio.
- ATSG maintains its position as the global leader in 767 converted freighter dry leasing.
- None.
Air Transport Services Group, Inc. (NASDAQ: ATSG) announced the delivery by its Cargo Aircraft Management (CAM) subsidiary of a Boeing 767-200 converted freighter to Raya Airways of Malaysia under a five-year lease. This is the third Boeing 767-200 freighter CAM has leased to Raya Airways.
A Boeing 767-200 converted freighter leased from ATSG to Raya Airways receives a water salute upon arrival in Malaysia. (Photo: Business Wire)
As the global leader in 767 converted freighter dry leasing, ATSG provides dry leasing customers the opportunity to cost effectively grow capacity to meet market demands.
“The Boeing 767 converted freighter is the ideal aircraft for our network,” said Mohamad Najib Bin Ishak, managing director of Raya Airways. “We are very proud of the continued growth we have been able to achieve with it thanks to the ATSG team.”
Raya Airways, a Malaysian scheduled all-cargo airline, specializes in express freight and air freighter charters serving more than 10 locations in its domestic, Southeast Asian, and North Asian network.
“ATSG is happy to be a part of Raya’s success story,” said Mike Berger, chief commercial officer of ATSG. “We look forward to extending our relationship further as Raya expands in the Asia-Pacific market.”
About Air Transport Services Group, Inc. (ATSG)
ATSG is a leading provider of aircraft leasing and air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift 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/20210408005582/en/
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