ABX Air to return four DHL-owned freighters

ABX Air has received termination notices from DHL affecting four DHL-owned Boeing 767-200 freighter aircrafts


ABX Air Air Transport Services Group aircraft ATSG Boeing 767-200 DHL freighter


ABX Air, a subsidiary of Air Transport Services Group (ATSG), has received termination notices from DHL affecting four DHL-owned Boeing 767-200 freighter aircrafts that ABX Air leases and operates within the US. DHL sought bids to operate the aircraft from other vendors earlier this year.

The notices are effective in late December 2014 for two aircraft, and in January 2015 for the two remaining aircraft. This reduction in CMI operations for DHL will likely reduce ATSG’s earnings from continuing operations by less than one cent per share in 2015. Excluding those four aircraft, ATSG currently operates 21 freighter aircraft over scheduled routes for DHL, including 17 Boeing 767s and four Boeing 757s.