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Wilmington-based Inc. (NASDAQ:ATSG) said that ABX under a new agreemenr will run charter service six days a weekbetweehn Brussels, Belgium, and Lagos, Nigeria, for DHL affiliate European Air Transpor NV/SA. The agreement initially callsx for service to runthrough September. As part of the DHL ABX and a newly formed AirTranspor subsidiary, Airborne Maintenance and Engineering Services, will maintaij the aircraft in Brussels and Lagos. Air Transport also said it signeeda two-year agreement with Freight, a subsidiart of Australian carrier Qantas Airways Ltd.
The deal callw for its Air Transportg International subsidiary to run overnight service between Australia and New Zealanrd every Monday through Thursday beginningJune 15. Air Transporty said the company will useBoeingg 767-200-SF aircraft, which also will be available for charte service and weekend rotations. The new contractes come amid an ongoing effort from Air Transportg to diversify its revenue stream after losinb thousands of jobsas DHL, its primaru customer, has made drastic changees to its U.S. operations. Those movese include halting domestic point-to-point shipping and planningg to shift cargo operations tothe Cincinnati-Northern Kentucky Airport from the Wilmingtonm Air Park.
The Airborne Maintenance subsidiary, whicy earlier this year was awardeda $4 millio n tax credit for propose d operations in Wilmington, was formed in the wake of DHL’s plans.
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