ATSG buys 3 B767s from Qantas
 

Quote:

"Air Transport Service Group Inc. said Monday it has committed to buy three Boeing 767-300 extended range jets from Qantas Airways Ltd, executing on a letter of intent announced in May.

The Wilmington, Ohio-based air transport services company said it expects to take delivery on the three GE-power jets, with a payload of 120,000 pounds, by this fall. ATSG didn't disclose the purchase price, but said similar 767-300 extended range freighters are valued from $28.5 to $31.5 million.

Joe Hete, ATSG president and CEO, said, "The purchase of these 767-300ERs extends our leading position in the medium wide-body freighter market, and gives us the means to transport greater cargo volumes over longer non-stop routes than our 767-200s can today."

The company said it will finance the purchase from its existing credit agreements."

Source: http://news.cincinnati.com/article/2...7s-from-Qantas

Why can't QF do this. Convert a hand full of 744 and 763 to freighters. Save them heaps on the Atlas lease.

Which three ?

Probably the stored ones, i know OGA and OGD were stored, i'm sure somebody out there may know if there is a 3rd in storage, if there isn't as Planespotters.net suggests, it would be one of the ones in service.

In regards to painting their own metal, it would be nice, being waiting for years for this to happen, i can only imagine it must be cheaper to wet lease then to operate themself, they probably get a good deal.

VH-OGA, VH-OGC and VH-OGD, all in Victorville at the moment.

Thanks Sarah.

it is always an option but you would have to think they did this for a specific reason and that is the Atlas lease (ACMI) was much more cost effective. Plus the 763 doesnt have the legs or capacity to do the 744F routes in any case

http://www.atlasair.com/holdings/atlas-air.html

i just happened to stumble across this while surfing around

http://static.planespotters.net/phot...Net_150451.jpg

hope the link works!!

Nice find Jamie. Think this is ex OGA?

On Skyliner news it has N319CM (ex OGD) ferried to Tel Aviv for conversion last Friday (11th)

Interesting look of ex QF VH-OGD, now N319CM

http://cdn-www.airliners.net/aviatio.../6/1879616.jpg