Air Transport International closing doors?
05-06-2014, 05:07 PM
#121
Line Holder
Joined APC: Sep 2012
Posts: 52
ATSG first quarter report just published. The big news is ATSG announced deals to dry lease two additional 767 -200s to CargoJet AND two additional 767-300s to Amerijet. I think we know where those planes are coming from.
ATSG also announced other similar deals are in the works and will be consumated soon.
It looks like Hete has decided he prefers to be in the dry leasing business instead of the CMI business.
Oh, also, Hammer is a D-bag.
ATSG also announced other similar deals are in the works and will be consumated soon.
It looks like Hete has decided he prefers to be in the dry leasing business instead of the CMI business.
Oh, also, Hammer is a D-bag.
05-06-2014, 05:11 PM
#122
Gets Weekends Off
Joined APC: Aug 2012
Posts: 175
Originally Posted by wetpish
I heard the union and management are working together to make improvements including some changes in "administration."
It would be a huge improvement if ATSG would fire J.V., E.W. and C.H.
What ATI needs right now is real leadership and a marketing department that can find work for these 767's.
I've never seen "management" destroy two good airlines as quickly as these guys have.
05-07-2014, 02:49 PM
#124
Line Holder
Joined APC: Sep 2012
Posts: 84
Ijust listened to the conference call. Here are some of the highlights:
two 767-300 dry lease to Amerijet
two 767-200 dry lease to Cargo Jet.
One 767-200 dry lease to West Atlantic.
More similar deals are in the works.
Stated positive news, reduction of airline staff by 10% since last year.
Airlines continue to struggle with losses. Includes losses for ABX AND ATI.
Sounds like Hete is moving away from CMI and going more toward the dry lease business.
I think he might be positioning ATSG for a reduction in CMI business through DHL after this year. Once the CMI business drops below a certain level, the overhead of running an airline(s) might not be able to support the shrinking aspect of the business.
two 767-300 dry lease to Amerijet
two 767-200 dry lease to Cargo Jet.
One 767-200 dry lease to West Atlantic.
More similar deals are in the works.
Stated positive news, reduction of airline staff by 10% since last year.
Airlines continue to struggle with losses. Includes losses for ABX AND ATI.
Sounds like Hete is moving away from CMI and going more toward the dry lease business.
I think he might be positioning ATSG for a reduction in CMI business through DHL after this year. Once the CMI business drops below a certain level, the overhead of running an airline(s) might not be able to support the shrinking aspect of the business.
05-07-2014, 06:15 PM
#125
Gets Weekends Off
Joined APC: Mar 2011
Posts: 597
Where is the second 767-300 coming from? CAM? I assume one is 319CM but 316CM seems to be flying steady for the time being at least. As much as they want to continue to gut ATI, keeping at least one 767-300 at ATI makes sense.
05-15-2014, 10:28 AM
#128
Gets Weekends Off
Joined APC: Mar 2011
Posts: 597
Just found a link to the Cargojet deal. It was posted about a week ago but wanted to share it in this forum.
More 767 freighters for Cargojet
More 767 freighters for Cargojet
05-15-2014, 06:57 PM
#129
Gets Weekends Off
Joined APC: Aug 2012
Posts: 175
Heard that Amerijet is planning to open a freight operation at Rickenbacker using 727's, 767's and also ground shipping. I know some of their 767's are from CAM, and they are supposed to get more of ATI's 767's.
Also poses the question, if Amerijet is able to put 767's to work and are leasing more, why can't ATI do the same. It's like they aren't even trying.
727 scheduled freight airlines (supplementals) definitely have a life to them. (Kitty Hawk, Capital Cargo, Ryan, Express One, Custom Air, Astar, etc) Hope they can make it work in Rickenbacker.
Also poses the question, if Amerijet is able to put 767's to work and are leasing more, why can't ATI do the same. It's like they aren't even trying.
727 scheduled freight airlines (supplementals) definitely have a life to them. (Kitty Hawk, Capital Cargo, Ryan, Express One, Custom Air, Astar, etc) Hope they can make it work in Rickenbacker.
05-16-2014, 04:54 AM
#130
Gets Weekends Off
Joined APC: Jun 2006
Position: Frm. DHLAirways. Blue & White Boeing's Now. YEA!!
Posts: 610
Originally Posted by 727CA
Heard that Amerijet is planning to open a freight operation at Rickenbacker using 727's, 767's and also ground shipping. I know some of their 767's are from CAM, and they are supposed to get more of ATI's 767's.
Also poses the question, if Amerijet is able to put 767's to work and are leasing more, why can't ATI do the same. It's like they aren't even trying.
Also poses the question, if Amerijet is able to put 767's to work and are leasing more, why can't ATI do the same. It's like they aren't even trying.
^This^
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