Air Transport Services Group

History

ABX Holdings, Inc. was created on 31 December 2007 when ABX Air purchased Cargo Holdings International. On 16 May 2008, the company changed its name to Air Transport Services Group.

ATSG announced that they had agreed to acquire a 25 percent equity interest in West Atlantic of Gothenburg, Sweden on December 9, 2013.

In March 2016, ATSG announced an agreement to operate an air cargo network to serve Amazon.com customers in the United States including the leasing of 20 Boeing 767 freighter aircraft by ATSG subsidiary Cargo Aircraft Management; the operation of the aircraft by ATSG airline, Air Transport International; and gateway and logistics services provided by LGSTX Services. The 20 leases will be for five to seven years and operations agreements are for five years. ATSG will also grant Amazon warrants to soon buy 9.99% and up to 19.9% over a five-year period of ATSG common shares. May 2021, Amazon.com exercised ATSG warrants it holds to acquire 19.5% of their common shares, including a cash equity investment of $132 million.

In January 2017, ATSG announced it had acquired Tampa, Florida-based PEMCO World Air Services, a commercial aircraft maintenance, repair & overhaul provider and Boeing 737 passenger-to-freighter conversion house.

On October 2, 2018, ATSG announced that it had agreed to acquire Omni Air International LLC (Omni Air) based in Tulsa, Oklahoma. Omni Air is a passenger ACMI and charter services provider with significant experience serving U.S. and allied foreign governments plus commercial customers. They are a leading provider of passenger airlift services to the U.S. Department of Defense (DoD) via the Civil Reserve Air Fleet (CRAF) program, and a worldwide provider of full-service passenger charter and ACMI services. Omni Air also carries passengers worldwide for a variety of private sector customers and government services firms. Omni Air, founded in 1993, is an FAR Part 121 certificated and IATA Operational Safety Audit registered airline.