Air Transport Services Group, Inc. (NASDAQ: ATSG) today announced that it has commenced a new lease agreement with DHL Network Operations (USA), Inc. under which ATSG’s Cargo Aircraft Management (CAM) has leased a 767-300 freighter aircraft to DHL to operate within DHL’s global network.

“As one of our longest leasing relationships, we take pride in identifying opportunities to enhance capacity within the DHL network,” said Paul Chase, chief commercial officer of ATSG. “The Boeing 767 remains unrivaled in the medium-widebody freighter market, serving as the backbone for lessees by offering payload capacity and range capabilities to optimize express delivery operations.”

The agreement will increase the total CAM-leased 767 fleet at DHL to fourteen.

“Leasing customers recognize our Lease+Plus strategy as an opportunity to increase capacity and meet market demand,” stated Chase. “No other company in the world can compete with our bundle of services for midsize freighters, including leasing, air express operations, heavy maintenance, freighter conversions, and logistics services.”