Malaysian cargo airline Raya leases ATSG’s 1st Airbus freighters

Capt. John

Air Transport Services Group, a diversified lessor and operator of cargo aircraft, has rented out its first Airbus freighters to an airline in Malaysia and is raising debt to help fund more aircraft investment and buy back shares from Amazon even as it slows capital expenditures to please investors.

The Ohio-based company on Monday announced that it delivered a record six converted freighters under lease in one month to customers around the world in July, including its first two Airbus A321...

https://www.freightwaves.com/news/malaysian-cargo-airline-raya-leases-atsgs-1st-airbus-freighters

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