ir Transport Services Group, Inc. (NASDAQ: ATSG) announced a significant milestone with its subsidiary, Airborne Global Leasing, delivering a Boeing 767-300 converted freighter to CAMEX Airlines. This delivery marks the beginning of a long-term lease agreement between the two companies and is set to strengthen CAMEX Airlines’ cargo capabilities. Furthermore, a second Boeing 767-300 freighter is scheduled for delivery in 2025 under a separate lease agreement, reinforcing the collaboration’s long-term outlook.
Partnership Strengthens Regional Cargo Solutions
CAMEX Airlines, a Tbilisi-based cargo carrier founded in 2022, operates from two key hubs in Georgia and Slovenia. The airline has built a reputation for providing flexible and efficient chartered air freight services, catering to a diverse clientele across the region. With the addition of the Boeing 767-300 to its fleet, CAMEX is poised to expand its service offerings significantly. Currently, the airline operates three Boeing 737-800BCF freighters, and the introduction of the larger 767-300 represents a substantial boost in its cargo capacity.
Ketevan Sabashvili, head of administration at CAMEX Airlines, expressed optimism about the partnership, stating, “Our collaboration with ATSG, the leader in freighter aircraft leasing, significantly enhances our capabilities and reach. We are proud to offer expanded air freight solutions to our customers throughout the region with the addition of the Boeing 767-300 platform.” The integration of the larger aircraft into their operations demonstrates CAMEX’s commitment to addressing increasing demand for air cargo services in the regions it serves.
ATSG’s Expanding Global Leasing Operations
ATSG, a leading provider of aircraft leasing services, has played a critical role in supporting the growth of cargo carriers worldwide. The company’s leasing portfolio now includes a total of 90 externally leased aircraft globally, underscoring its position as a key player in the air cargo industry. The partnership with CAMEX Airlines highlights ATSG’s ability to deliver tailored leasing solutions through its Lease+Plus package, which combines aircraft leasing with complementary services such as maintenance, operational support, and crew training.
Todd France, ATSG’s chief commercial officer, emphasized the importance of this collaboration, saying, “ATSG is pleased to partner with CAMEX to expand air cargo options in the markets it serves. The delivery of this freighter brings our total number of externally leased aircraft around the world to 90 and further demonstrates the attractiveness of our Lease+Plus package, through which we can supply our customers with access to multiple services that complement the lease.”
The Lease+Plus package has been a cornerstone of ATSG’s success, offering clients a comprehensive solution that goes beyond traditional aircraft leasing. By integrating services essential for operating and maintaining freighter aircraft, ATSG has been able to build long-lasting relationships with clients while fostering growth in the air cargo sector.
The Boeing 767-300: A Strategic Asset for Cargo Operations
The Boeing 767-300 freighter is a versatile aircraft that is well-suited for regional and international cargo operations. Its large payload capacity and fuel efficiency make it an attractive option for carriers looking to expand their service capabilities. For CAMEX Airlines, the introduction of this aircraft aligns with its strategic goals of increasing operational efficiency and meeting the growing demands of its customer base.
By incorporating the Boeing 767-300 into its fleet, CAMEX Airlines can enhance its ability to serve key markets in Europe and beyond, offering improved connectivity and faster transit times. This move not only benefits the airline’s existing clients but also positions it as a competitive player in the rapidly evolving air cargo industry.
Future Prospects for CAMEX and ATSG
The partnership between ATSG and CAMEX Airlines reflects broader trends in the air cargo industry, where demand for efficient, large-capacity freighters continues to grow. As e-commerce and global trade drive the need for reliable air freight solutions, collaborations like this one are critical to meeting market demands.
For CAMEX, the addition of advanced freighters and support from a leading lessor like ATSG lays the foundation for sustained growth. Meanwhile, ATSG’s ability to deliver high-quality leasing solutions ensures its continued prominence in the global air cargo market.
In conclusion, the delivery of the Boeing 767-300 freighter to CAMEX Airlines marks a strategic milestone for both companies. CAMEX is set to expand its reach and capabilities, while ATSG further solidifies its leadership in freighter leasing. With a second aircraft scheduled for delivery in 2025, the partnership is expected to drive significant growth and innovation in air cargo operations across the region.