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WILMINGTON, OH: October 2, 2018. The Air Transport Services Group (ATSG) is to acquire US charter airline and ACMI operator Omni Air International for US$845 million.

The agreement, which will see ATSG operate over 90 airplanes by year-end, is expected to close during the fourth quarter of 2018 subject to regulatory approvals.

Omni Air International B767Founded in 1993 and based in Tulsa, Oklahoma, Omni Air is a major supplier of passenger services to the US Department of Defense and provides charter and ACMI services worldwide with a fleet of seven B767-300ER, three B767-200ER and three B777-200ER aircraft.

ATSG says the purchase is expected to add over US$430 million in annual revenue, diversify its customer base and solidify its position as the largest source of B767 cargo aircraft to selected air-express and other operators, including Amazon Prime Air.

"Combining ATSG and Omni Air’s operating expertise and array of aircraft options fulfills several of our principal goals,” declared ATSG president and CEO Joe Hete. “Broaden ATSG’s ACMI capabilities; grow and diversify our revenue streams with government and commercial customers; and reach new global markets with our full range of leasing, operating, and aircraft maintenance capabilities.”

Jeff Crippen, Omni Air president and CEO Jeff Crippen added: "Combining Omni Air and ATSG’s experience and skillsets unquestionably makes for a stronger company that can better serve its customers worldwide."

ATSG's subsidiaries include ABX Air; Airborne Global Solutions; Air Transport International; Cargo Aircraft Management; and Airborne Maintenance and Engineering Services that includes subsidiary Pemco World Air Services.

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