ATSG Delivers Two Boeing 767s to Georgian Airways
Air Transport Services Group (NASDAQ: ATSG) has announced that its leasing subsidiary, Cargo Aircraft Management (CAM), has delivered two Boeing 767-300 aircraft to Georgian Airways under multi-year leases. One is a passenger aircraft delivered in June, while the other is a newly converted freighter delivered in July. This move aligns with ATSG's Lease+Plus strategy, providing comprehensive leasing solutions for global customers.
David Gaiashvili, general director of Georgian Airways, expressed satisfaction with the partnership, highlighting the airline's three-decade history and commitment to safety. Mike Berger, CEO of ATSG, noted that these leases reflect the growing demand for global air capacity and emphasized the suitability of medium widebody freighters like the Boeing 767 and Airbus A330 for cargo airlines in Eastern Europe and Western Asia.
Air Transport Services Group (NASDAQ: ATSG) ha annunciato che la sua sussidiaria di leasing, Cargo Aircraft Management (CAM), ha consegnato due Boeing 767-300 a Georgian Airways con contratti di leasing pluriannuali. Uno è un aereo passeggeri consegnato a giugno, mentre l'altro è un cargo recentemente convertito consegnato a luglio. Questa mossa è in linea con la strategia Lease+Plus di ATSG, che offre soluzioni di leasing complete per i clienti a livello globale.
David Gaiashvili, direttore generale di Georgian Airways, ha espresso soddisfazione per la partnership, evidenziando i trent'anni di storia della compagnia aerea e il suo impegno per la sicurezza. Mike Berger, CEO di ATSG, ha fatto notare che questi contratti di leasing riflettono la crescente domanda di capacità aerea globale e ha sottolineato l'idoneità dei cargo a fusoliera larga di medie dimensioni come il Boeing 767 e l'Airbus A330 per le compagnie aeree cargo in Europa orientale e Asia occidentale.
Air Transport Services Group (NASDAQ: ATSG) ha anunciado que su filial de arrendamiento, Cargo Aircraft Management (CAM), ha entregado dos aviones Boeing 767-300 a Georgian Airways bajo contratos de arrendamiento por varios años. Uno es un avión de pasajeros entregado en junio, mientras que el otro es un carguero recién convertido que se entregó en julio. Este movimiento se alinea con la estrategia Lease+Plus de ATSG, que ofrece soluciones de arrendamiento integrales para clientes globales.
David Gaiashvili, director general de Georgian Airways, expresó su satisfacción por la asociación, destacando los treinta años de historia de la aerolínea y su compromiso con la seguridad. Mike Berger, CEO de ATSG, señaló que estos arrendamientos reflejan la creciente demanda de capacidad aérea global y enfatizó la idoneidad de los cargueros de fuselaje ancho de tamaño medio, como el Boeing 767 y el Airbus A330, para las aerolíneas de carga en Europa del Este y Asia Occidental.
항공운송서비스그룹(NASDAQ: ATSG)은 자회사의 카고 항공기 관리(Cargo Aircraft Management, CAM)가 조지아 항공(Georgian Airways)에게 두 대의 Boeing 767-300 항공기를 여러 해의 임대 계약 하에 인도했다고 발표했습니다. 하나는 6월에 인도된 여객기이고, 다른 하나는 7월에 인도된 새로 개조된 화물기입니다. 이 조치는 ATSG의 Lease+Plus 전략과 일치하며, 전 세계 고객을 위한 종합적인 임대 솔루션을 제공합니다.
조지아 항공의 일반 이사인 다비드 가이아쉬빌리(David Gaiashvili)는 파트너십에 대한 만족감을 표명하며, 항공사의 30년 역사와 안전에 대한 약속을 강조했습니다. ATSG의 CEO인 마이크 버거(Mike Berger)는 이러한 임대가 글로벌 항공 용량에 대한 증가하는 수요를 반영하고 있으며, 보잉 767 및 에어버스 A330과 같은 중형 광동체 화물기가 동유럽 및 서아시아의 화물 항공사에 적합하다는 점을 강조했습니다.
Air Transport Services Group (NASDAQ: ATSG) a annoncé que sa filiale de leasing, Cargo Aircraft Management (CAM), a livré deux avions Boeing 767-300 à Georgian Airways dans le cadre de baux pluriannuels. L'un est un avion de passagers livré en juin, tandis que l'autre est un cargo récemment converti livré en juillet. Ce mouvement s'inscrit dans la stratégie Lease+Plus d'ATSG, qui propose des solutions de leasing complètes pour les clients mondiaux.
David Gaiashvili, directeur général de Georgian Airways, a exprimé sa satisfaction quant au partenariat, soulignant les trente ans d'histoire de la compagnie aérienne et son engagement en matière de sécurité. Mike Berger, PDG d'ATSG, a noté que ces baux reflètent la demande croissante de capacité aérienne mondiale et a souligné l'adéquation des cargos à fuselage large de taille moyenne, comme le Boeing 767 et l'Airbus A330, pour les compagnies aériennes de fret en Europe de l'Est et en Asie de l'Ouest.
Air Transport Services Group (NASDAQ: ATSG) hat bekannt gegeben, dass ihre Leasing-Tochtergesellschaft Cargo Aircraft Management (CAM) zwei Boeing 767-300 Flugzeuge an Georgian Airways im Rahmen von mehrjährigen Leasingverträgen geliefert hat. Eines ist ein Passagierflugzeug, das im Juni geliefert wurde, während das andere ein neu umgebautes Frachtflugzeug ist, das im Juli geliefert wurde. Dieser Schritt entspricht der Lease+Plus-Strategie von ATSG, die umfassende Leasinglösungen für globale Kunden bereitstellt.
David Gaiashvili, Generaldirektor von Georgian Airways, äußerte seine Zufriedenheit mit der Partnerschaft und hob die 30-jährige Geschichte der Fluggesellschaft und ihr Engagement für Sicherheit hervor. Mike Berger, CEO von ATSG, stellte fest, dass diese Leasingverträge die steigende Nachfrage nach globaler Luftfrachtkapazität widerspiegeln und betonte die Eignung von mittelgroßen Frachtflugzeugen wie der Boeing 767 und der Airbus A330 für Frachtfluggesellschaften in Osteuropa und Westasien.
- Delivery of two Boeing 767-300 aircraft to Georgian Airways under multi-year leases
- Expansion of ATSG's customer base in Eastern Europe
- Demonstration of growing demand for global air capacity
- Validation of ATSG's Lease+Plus strategy
- None.
ATSG's recent delivery of two Boeing 767-300 aircraft to Georgian Airways marks a significant expansion of their leasing portfolio and reinforces their Lease+Plus strategy. This move demonstrates ATSG's ability to capitalize on the growing demand for global air capacity, particularly in emerging markets.
The deal's structure, involving both a passenger and a newly converted freighter aircraft, showcases ATSG's versatility in meeting diverse client needs. This diversification strategy could potentially lead to increased revenue streams and improved risk management for ATSG.
From a financial perspective, multi-year leases provide stable, predictable cash flows, which are highly valued by investors. The expansion into Eastern Europe and Western Asia markets could also open up new growth opportunities for ATSG, potentially leading to increased market share and improved geographical diversification of their revenue sources.
However, investors should be mindful of potential risks, such as geopolitical instability in the region and the cyclical nature of the aviation industry. It's important to monitor how this deal impacts ATSG's balance sheet and overall financial performance in the coming quarters.
The delivery of these two Boeing 767-300 aircraft to Georgian Airways is a strategic move that aligns with current industry trends. The medium widebody freighter market, particularly for Boeing 767 and Airbus A330 aircraft, is experiencing robust demand, especially in Eastern Europe and Western Asia.
Tbilisi's geographic location presents a significant advantage for Georgian Airways, positioning it as a potential hub for cargo flows between China, Europe, Southeast Asia and the Middle East. This strategic positioning could lead to increased utilization rates for the leased aircraft, potentially benefiting both Georgian Airways and ATSG.
The inclusion of a passenger aircraft in the deal is noteworthy, suggesting a balanced approach to fleet expansion by Georgian Airways. This dual-purpose fleet strategy allows for flexibility in responding to market demands, whether in passenger travel or cargo transportation.
The conversion of one Boeing 767-300 into a freighter aligns with the global trend of increased demand for air cargo capacity, partly driven by the e-commerce boom. This trend is likely to continue, potentially leading to more conversion opportunities for ATSG and sustained demand for their leasing services.
Overall, this deal reflects the aviation industry's ongoing adaptation to changing market dynamics and the growing importance of strategic partnerships in navigating these shifts.
One of the two Boeing 767-300s is a passenger aircraft delivered in June, while the other is a newly converted freighter delivered in July.
"We are pleased to deepen our partnership with ATSG with these two aircraft," said David Gaiashvili, general director of Georgian Airways. "Founded over three decades ago, Georgian Airways has established itself as a trusted leader in the aviation industry with a steadfast commitment to safety and a relentless pursuit of excellence. We are looking forward to growing with ATSG following its great experience and expertise in the industry."
Georgian Airways offers scheduled, charter and regular flights across
"These leases reflect the growing demand for global air capacity and reinforce our Lease+Plus strategy, providing comprehensive, reliable, and flexible leasing solutions for our global customers," said Mike Berger, chief executive officer of ATSG. "We are excited to grow capacity with our existing customers, as it validates the value ATSG brings to the leasing market. Medium widebody freighters like the Boeing 767 and Airbus A330 are ideal for cargo airlines based in
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 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
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Quint Turner, Chief Financial Officer
Air Transport Services Group, Inc.
937-366-2303
Source: Air Transport Services Group, Inc.
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