Air Transport Services Group, Inc. (NASDAQ: ATSG) announced the delivery by its Cargo Aircraft Management (CAM) subsidiary of a Boeing 767-200 converted freighter to Raya Airways of Malaysia under a five-year lease. This will be the second Boeing 767-200 freighter that Raya Airways has leased from CAM and put into service.
As the global leader in 767 converted freighter dry leasing, ATSG provides dry leasing customers the opportunity to cost effectively grow capacity to meet market demands.
Raya Airways provides air cargo service to more than 10 locations across the Asia-Pacific region and have been renowned for their safety and professional standards for more than 25 years.
“We are proud to take acceptance of this airplane from ATSG,” said Mohamad Najib Bin Ishak, managing director of Raya Airways. “It represents a significant step forward for our business and continued growth of our airline. It was awesome to see this plane arrive to such a warm welcome.”
Mike Berger, chief commercial officer of ATSG, said: “Personally I couldn’t be happier that ATSG was able to deliver this aircraft and increase Raya Airways’ capacity. This is the next step in our valued relationship as their service to the Asia-Pacific market continues to grow.”
