ATSG subsidiary to lease three B767s to Northern Aviation Services


Air Transport Services Group (ATSG) subsidiary Cargo Aircraft Management (CAM) is to lease three Boeing 767-300 Freighters to Northern Aviation Services to be operated by Northern Air Cargo.

CAM will lease three 767-300s to Northern Aviation Services for seven-year terms beginning with the first lease in October 2017, with the potential for additional 767-300s in 2018.

The aircraft will be used by brands Aloha Air Cargo based in Hawaii, Florida-based StratAir, and Alaska-based Northern Air Cargo.

Some of the leased 767-300s will replace CAM-owned 767-200/300s operating on an ACMI basis under ATSG’s Wet-2-Dry program, which allows carriers to prove their business case for 767s under ACMI arrangements, then transition to long-term dry lease agreements.

ATSG president and chief executive officer (CEO), Joe Hete says: “We are pleased that NAS has come to appreciate the advantages of our midsize Boeing 767s and the benefits they can provide to regional air cargo networks like the one that NAS is developing.”

Northern Aviation Services president and CEO, David Karp says: “We look forward to continued mutually beneficial collaboration with ATSG, CAM, and their family of companies. We have already commenced hiring and training of pilots to accommodate this expansion and our operating companies are excited about providing expanded services to our valued customers.”