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ATSG buys 2 B737-400s for conversion for China's Okay Airways
AIR Transport Services Group's (ATSG) Irish subsidiary, ATSG West Leasing, has acquired two Boeing 737-400 aircraft for freighters conversion to enter service with China's Okay Airways later this year.
PEMCO World Air Services, another wholly owned ATSG subsidiary, will convert the 737-400s to freighters this summer at its facilities at Tampa International Airport, reported Business Wire.
Said ATSG West Leasing managing director Brad Heath: "We are pleased to acquire, convert and lease these aircraft into the air express market in China. This initiative leverages the core capabilities of PEMCO, ATSG West Leasing and of our strategic partners in China."
Okay Airways will operate the aircraft in support of its express services for e-commerce and other companies in the domestic China market.
ATSG, Okay Airways, and Tianjin Dongjiang Investment holdings, a Tianjin government affiliate, are establishing a joint venture company to support the growing e-commerce market there.
PEMCO World Air Services, another wholly owned ATSG subsidiary, will convert the 737-400s to freighters this summer at its facilities at Tampa International Airport, reported Business Wire.
Said ATSG West Leasing managing director Brad Heath: "We are pleased to acquire, convert and lease these aircraft into the air express market in China. This initiative leverages the core capabilities of PEMCO, ATSG West Leasing and of our strategic partners in China."
Okay Airways will operate the aircraft in support of its express services for e-commerce and other companies in the domestic China market.
ATSG, Okay Airways, and Tianjin Dongjiang Investment holdings, a Tianjin government affiliate, are establishing a joint venture company to support the growing e-commerce market there.
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