ATSG is bullish about its growth strategy after a series of changes that culminated with Chief Executive Mike Berger’s appointment June 4.
As part of
the leadership change, Jeffrey Dominick became ATSG’s president June 4 after more than seven years as a board member, bringing his Wall Street background to the role.
Dominick’s goal for 2024 is to help continue to position ATSG to evolve further, whether on the asset, customer or capital side, he told Cargo Facts during a visit this week to ATSG’s headquarters in Wilmington, Ohio (ILN).
“I’ve watched [the organization’s] growth evolve, and so in stepping into it right now, I’m excited for the opportunities when we move forward,” Dominick says in this week’s episode of “Cargo Facts Connect.”
“I think we all know how the company has grown with its different asset mix. It’s leasing as well as three airlines underneath. And as I step into it today, if I look at say, the rest of the year, we’re growing with our customers globally.”
ATSG’s leasing arm, CAM, is the largest freighter lessor and is headed by Todd France, who became president of CAM in April 2022 and was previously in other positions within the group.
CAM saw demand for its 767 freighters dip in 2023 and returns from some customers because of the softer market, but the lessor has also found
new customers for its 767-300s, and demand for the -200s has “absolutely increased in the past twelve months,” France says.
“We’re placing multiple airplanes at multiple customers in multiple areas across the world,” France says. “So we continue to, in my mind, do a very good job at identifying that growth potential.”
Meanwhile, ATSG will soon place
its first A330P2Fs and deliver more A321PCFs on lease, Dominick and France say.
Tune in to this week’s “Cargo Facts Connect” to hear more on ATSG and CAM as Dominick and France speak with Cargo Facts Editor Jeff Lee at ILN.
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