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MasAir expands with B767 freighter lease

Devender Grover by Devender Grover
July 31, 2020
in Airlines
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MasAir expands with B767 freighter lease
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MasAir has taken delivery of an ATSG-owned B767-300 converted freighter as it looks to expand its ACMI services.

The Mexican freighter firm will dry lease the aircraft from ATSG subsidiary Cargo Aircraft Management (CAM) as part of a five-year deal.

Luis Sierra, chief executive of MasAir, said: “We are truly excited to receive this first aircraft from CAM that marks the start of a program to expand our ACMI services for our customers while continuing to provide excellent service and performance, initially in the Americas, setting our eyes on new horizons around the world.”

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MasAir provides scheduled ACMI charter air cargo services on more than 20 routes in Latin America and the US.

“We are excited to support CAM’s first dry-lease customer in Mexico,” said Mike Berger, chief commercial officer of ATSG. “As the world’s largest lessor of 767 converted freighters, CAM provides dry leasing customers the opportunity to cost-effectively grow capacity to meet market demands.”

As a leading scheduled and charter operator, MasAir is now growing its new ACMI division.

In December 2018, the LATAM Group finalised the sale of its share in the airline to existing shareholders, with Mexico-based private equity firm Discovery Americas as a major shareholder. At the time, MasAir operated a single B767.

Devender Grover

Devender Grover

Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.

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