ATSG to lease twelve additional 767 freighters to Amazon

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Air Transport Services Group (ATSG), a provider of medium wide-body aircraft leasing, air transportation and related services, has signed an agreement to lease twelve additional Boeing 767-300 converted freighter aircraft to Amazon. One of the twelve aircraft was delivered on May 29, 2020 and the remaining eleven will be delivered in 2021. All twelve will be leased to Amazon for ten years, with options for Amazon to extend the leases for three additional years.

Cargo Aircraft Management (CAM), ATSG’s aircraft leasing subsidiary, currently leases twenty-seven Boeing 767 aircraft to Amazon, including six leased during 2019. In December 2018, Amazon committed to lease those six plus an additional four 767s from CAM by the end of 2020. This latest agreement increases the projected number of 767s CAM will have leased to Amazon to 31 by the end of 2020 and to 42 by the end of 2021.

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