Air Transport Services Group says its leasing business is insulating it from a market downturn that is impacting its cargo airlines.
Leasing companies are going bonkers converting used aircraft for cargo. As demand for air cargo cools, there could be a glut that lowers shipping rates.
Boeing 737-800 passenger-to-freighter conversions are selling like hotcakes. A Japanese-owned leasing company snapped up six more slots.
Sanctions have put two of Volga-Dnepr’s three cargo airlines out of action. The Russian airline is grasping for lifelines.
Air Transport Services Group seems to have immunized itself from air cargo volatility by leasing aircraft to e-commerce shippers and U.S. government personnel.
DHL is renewing every aircraft lease it can because air cargo demand is robust.
ATSG is hitting on all cylinders with its aircraft leasing and cargo airline units, as third quarter results demonstrate.
Aircraft leasing and management firm BBAM showed its confidence in the new Airbus A321 freighter design by placing a large order with an aftermarket shop to overhaul passenger planes to carry cargo.
Air Transport Services Group is like a Swiss Army knife. It flies cargo and passenger planes for other airlines, leases aircraft, does aircraft maintenance and freighter conversions, and provides ground handling. It’s all clicking for the bottom line.
Leasing companies are investing in pre-owned passenger planes that can be converted into freighters, and production companies are stepping up to meet their need.
A creative sale-leaseback deal gives Alaska Airlines more Boeing 737 MAX aircraft while reducing operating and leasing costs, plus debt.
Air Transport Services Group’s freighter leases offset financial losses from its grounded passenger planes.
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