ABX Air, a subsidiary of Air Transport Services Group (ATSG), has received termination notices from DHL affecting four DHL-owned Boeing 767-200 freighter aircrafts that ABX Air leases and operates within the US. DHL sought bids to operate the aircraft from other vendors earlier this year. The notices are effective in late December 2014 for two aircraft, and in January 2015 for the two remaining aircraft. This reduction in CMI operations for DHL will likely reduce ATSG’s earnings from … [Read more...] about ABX Air to return four DHL-owned freighters
ATSG
ABX parent may expand fleet
Wilmington, US-based Air Transport Services Group Inc. (ATSG) has said it may expand its fleet by acquiring three B767-300 aircraft. ATSG is the parent corporation for ABX Air whose biggest customer was DHL Express before the German express and logistics company decided to pull out of domestic operations after years of losses. ATSG President and CEO Joe Hete said he is excited about the potential fleet expansion. ATSG’s aircraft leasing business recently executed a letter of intent … [Read more...] about ABX parent may expand fleet
