Air Transport Services Group

ATSG Flies High in Q4 with Seven 767 Deliveries

Strong Demand Continues for Long-Term Dry-Leased 767 Freighters

WILMINGTON, OH – December 6, 2018 – Air Transport Services Group, Inc. (NASDAQ:ATSG) announced the delivery of seven leased freighters by its Cargo Aircraft Management and ATSG West Leasing subsidiaries during the fourth quarter of 2018, pointing to continued strong demand for its converted Boeing 767 freighter aircraft.

• Amerijet International Airlines of Miami, Florida, took delivery of a Boeing 767-300 converted freighter. CAM now leases seven 767 freighters to Amerijet.

• Cargojet Airways of Mississauga, Canada, took delivery of two more Boeing 767-300 converted freighters, bringing the total number of aircraft leased to CargoJet to four.

• SkyTaxi of Wroclaw, Poland, took delivery of its first Boeing 767-200 converted freighter, with an option to lease a second freighter in 2019.

• West Atlantic AB of Gothenburg, Sweden, took delivery of a Boeing 767-200 converted freighter. This is West Atlantic's sixth aircraft leased from ATSG.

• Also, two Boeing 767-300 freighters were delivered internally to ATSG subsidiary airline Air Transport International, to be operated for external customers under ACMI agreements that extend well into 2019.

Additionally, a DHL-leased 767-200 freighter was transferred to Bahrain from DHL’s US air cargo network. DHL now has six ATSG 767-200s in the Middle East.

Mike Berger, Chief Commercial Officer of ATSG, said: "This fourth quarter has been our best ever in terms of aircraft deliveries and meeting the needs of our customers with efficient, timely service. It is especially satisfying because we are providing a platform of growth for existing customers, adding new customers to our portfolio worldwide, and meeting our commitment to deliver ten newly converted 767-300s in 2018."

ATSG's in-service fleet now comprises ninety-one aircraft, including thirteen from its recent acquisition of Omni Air International. ATSG’s global expansion in 2018 has been significant, accomplishing eight 2018 deliveries outside of the United States to Europe, the Middle East, Asia and Canada.

About Air Transport Services Group, Inc. (ATSG)
ATSG is a leading provider of aircraft leasing and air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements. ATSG, through its leasing and airline subsidiaries, is the world's largest owner and operator of converted Boeing 767 freighter aircraft. Through its principal subsidiaries, including three airlines with separate and distinct U.S. FAA Part 121 Air Carrier certificates, ATSG provides aircraft leasing, air cargo lift, passenger ACMI and charter services, aircraft maintenance and conversion services, and airport ground services. ATSG's subsidiaries include ABX Air, Inc.; Airborne Global Solutions, Inc.; Airborne Maintenance and Engineering Services, Inc. including its subsidiary, Pemco World Air Services, Inc.; Air Transport International, Inc.; ATSG West Leasing; Cargo Aircraft Management, Inc.; and Omni Air International, LLC.