Air Transport Services Group has signed an agreement with Jetran to acquire twenty Boeing 767-300 extended-range passenger aircraft from Jetran over the next three years.
The aircraft covered by this agreement are currently operated by American Airlines. They were manufactured between 1993 and 2003, and are powered by General Electric CF6-series engines. ATSG currently expects to begin freighter modification of six of the twenty 767-300s during 2019, up to nine during 2020, and no fewer than five in 2021.
Based on that anticipated schedule, and apart from any other transactions involving 767-300s, ATSG projects that it would own at least fifty-nine 767-300 freighter aircraft by the end of 2021, compared with thirty-nine at the end of 2018. ATSG also owns six other passenger 767-300s, all currently operated by its recently acquired passenger airline subsidiary, Omni Air International, and owns other Boeing 737, 757, 767 and 777 aircraft.