Cargo Aircraft Management (CAM), a subsidiary of aircraft lessor Air Transport Services Group (ATSG), has delivered a converted Boeing 767-300ER freighter to Cargojet Airways in Canada.
CAM said the aircraft will be operated under the terms of a seven-year lease agreement.
Cargojet is a provider of time-sensitive overnight air cargo services in the North America region and it transports more than 1m lb of cargo each week.
Mike Berger, chief commercial officer of ATSG, commented: “It has been exciting to watch what Ajay and his team have been able to do over the past few years.”
“The growth trajectory is remarkable, and we are happy to play a part in their success. Our ability to purchase Boeing 767s and convert them into freighters continues to provide a path and platform for our customers to succeed.”
Ajay Virmani, president and chief executive officer of Cargojet, added: “Our business continues to grow, which is allowing us to further expand our partnership with ATSG.
“The Boeing 767 aircraft allows us to meet the capacity demands of our customers, while maintaining excellent reliability on the service front.”
Last month, ATSG reported an increase in revenues and profits in the third quarter of this year, partly due to deploying Boeing 767 freighters to its leasing customers.
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