Thursday, July 18, 2024

Intrepid acquires a 747-8F and leases to ABC

Intrepid Aviation acquired a new Boeing 747-8 Freighter from the Boeing Company on 15 September, which has been placed on long-term lease with AirBridgeCargo Airlines (ABC). This is the second of two new 747-8F aircraft that the privately owned commercial aircraft lessor acquired from Boeing and leased to ABC this year. Intrepid says the delivery is in […]

ATSG posts revenues rise of 36% in Q3

Air Transport Services Group’s (ATSG) revenues increased year-on-year (YOY) by 36 per cent in the third quarter (Q3) ending 30 September to $193.3 million. The lessor says excluding revenues from reimbursements, revenues increased 25 per cent, or $34.3 million and all of ATSG’s principal businesses recorded significant growth for the quarter. ATSG president and chief executive […]

ATSG posts revenues rise of 21% in Q1

Air Transport Services Group (ATSG) has seen revenues increase by 21 per cent in first quarter (Q1) of 2016 to $177.4 million. The aircraft lessor says results are up to 31 March, 2016 and excluding revenues from reimbursed expenses, revenues rose 18 per cent. This increase included contributions from five more dry leases of Boeing 767 cargo aircraft […]