Lessor ATSG quits Airbus A321 cargo conversion joint venture

Air Transport Services Group, the world’s largest lessor of freighter aircraft and a contract cargo airline for customers such as Amazon and DHL Express, has dissolved its joint venture converting Airbus A321 passenger aircraft to all-cargo configuration because demand for A321 freighters has collapsed. Beaverton, Oregon-based Erickson Group Ltd. announced on Tuesday that it had acquired full ownership of 321 Precision Conversions from ATSG through its subsidiary Precision Aircraft Solutions, an overhaul ...