CAM continues to expand
Air Transport Services Group (ATSG), a provider of aircraft leasing and air cargo transportation, reported that each of its principal business segments, aircraft leasing and air transport, generated higher revenues for the second quarter of 2019.
The most important segment, Cargo Aircraft Management (CAM), increased its revenues by 27%. In Q2/2019, revenues benefited from five more converted B767-300 freighters in service on 30 June 2019.
ATSG's in-service fleet included seventy-six cargo and eleven passenger aircraft. Fifty-six cargo aircraft were leased to external customers, two more than in the prior year. Eleven 767s were awaiting or undergoing conversion to freighters. Just a few days ago, CAM acquired three B767F from ANA Cargo. (ah)