Why a Big 767 Air Cargo Operator Now Likes the Airbus A330

Tuesday, August 10, 2021 at 08:39 PM ET

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The interior layout of the A330 shows the air transport's large cargo door. Airbus

Key Takeaways:

Air Transport Services Group (ATSG), primarily a Boeing 767 freighter operator, is strategically shifting its fleet modernization towards the Airbus A330 for its aircraft leasing business.
This move is driven by the A330's superior cargo capacity (volume and weight) as a newer generation aircraft, combined with a recent 25% drop in its market value, making its total cost of ownership comparable to the aging 767.
ATSG plans to acquire and convert 20 used A330s into freighters for lease, anticipating strong customer demand and leveraging benefits like common cockpit design with the A321 for crew efficiency.
The company's leasing model is fortified by the current robust air cargo market, enabling ATSG to secure favorable lease terms, early extensions, and long-term, consistent cash flow.

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Editor’s Note: This article originally appeared on FreightWaves.com.

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