Dublin-based airline group ASL Aviation is expanding its fleet with a new order for five cargo aircraft.
The deal follows on the heels of an agreement ASL signed with Boeing last month to buy up to 20 converted cargo planes as the Irish company capitalizes on continued growth in online sales traffic.
ASL operates freight services for clients such as Amazon and FedEx.
The Irish company has signed a deal with Nasdaq-listed Air Transport Services Group (ATSG) to lease two Airbus A321-200 freighters from the second half of this year, while a third will be delivered to ASL next year.
ASL will also receive two A330 widebody freighters in 2024.
“Demand for express parcel air assets remains very strong,” ATSG chief executive Rich Corrado said when the company reported first-quarter results last week.
ATG operates cargo services on behalf of customers and also has a cargo aircraft leasing division.
It also owns Omni Air, the charter airline that frequents Shannon Airport as it transfers US military personnel across the Atlantic.
“We have customer orders for all 30 newly converted freighters that we will lease this year and next, and already customer orders for the first 20 of 29 Airbus A330s that we will acquire and convert next year, with leases starting in 2024 through 2026,” added Mr. Corrado.
“We are pleased to count ASL Aviation Holdings, a key source of freight elevators across integrated global networks, as one of our prospective Airbus freighter lessees.
“ASL has ordered the first two of our A321 Freighters in the second half of this year, a third in 2023 and two A330 Freighters in 2024,” he said.
He added that all of ATSG’s businesses are operating at pre-pandemic levels, with the group’s revenue and earnings increases being led by Omni Air.
ATSG will continue to acquire passenger aircraft to fill the more than 80 passenger-to-cargo conversion slots it controls.
ASL, of which Dave Andrew is CEO, operates about a dozen unbranded aircraft on behalf of Amazon’s Prime Air. It also operates about six Boeing 737s in Prime Air livery.
It has a fleet of 130 aircraft ranging from turboprops to jets.
https://www.independent.ie/business/irish/dublin-based-asl-aviation-to-add-five-more-air-freighters-to-fleet-as-online-sales-traffic-booms-41628593.html Dublin-based ASL Aviation is adding five more air cargo aircraft to its fleet as online sales traffic booms