Air Transport Services Group, Inc. (NASDAQ: ATSG) announced today that its subsidiary, Cargo Aircraft Management (CAM), has leased a Boeing 767-300 converted freighter to New York-based SLG Worldwide, who will sublease the aircraft to Euroavia Airlines, a cargo airline headquartered in Larnaca, Cyprus.

“SLG Worldwide is an experienced provider of logistics and aviation services around the world,” said Mike Berger, chief executive officer of ATSG. “Our leasing arrangement with SLG Worldwide in support of a new cargo airline exemplifies the attractiveness of our Lease+Plus package. We can support a new carrier with access to multiple services, including maintenance, ensuring timely delivery of additional capacity to the Eurasia markets.”

“We are thrilled to partner with ATSG to expand capacity with this Boeing 767-300 freighter,” stated Martin Zhu, chairman of Euroavia Airlines. “This addition will significantly enhance our ability to serve the growing demand in the Eurasia & Middle East region, providing reliable and efficient cargo services.”

“ATSG continues to develop and evolve global freighter capacity around the globe,” added Berger. “Our focus is on markets poised for growth where the economic data supports and validates our investment and is supported through partnerships with customers who are committed to delivering reliability and capacity to these regions.”

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