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Wilmington-based Inc. (NASDAQ:ATSG) said that ABX undetr a new agreement will run charter service six days a weekbetween Brussels, and Lagos, Nigeria, for DHL affiliate Europeanm Air Transport NV/SA. The agreement initially calls for servicre to runthrough September. As part of the DHL ABX and a newly formed AirTransportf subsidiary, Airborne Maintenance and Engineering will maintain the aircraft in Brussels and Air Transport also said it signed a two-yeatr agreement with Freight, a subsidiaruy of Australian carrier Qantas Airwaysx Ltd.
The deal calls for its Air Transport Internationaol subsidiary to run overnight service betweeb Australia and New Zealand every Mondayh through Thursday beginningJune 15. Air Transport said the companyu will useBoeing 767-200-SF aircraft, which also will be available for charter service and weekend rotations. The new contracts come amid an ongoinv effort from Air Transport to diversify its revenue stream aftee losing thousands of jobsas DHL, its primarh customer, has made drastic changes to its U.S. operations. Those moves includd halting domestic point-to-point shipping and plannint to shift cargo operations tothe Cincinnati-Northern Kentucky Airporg from the Wilmington Air Park.
The Airborne Maintenanc e subsidiary, which earlier this year was awarde da $4 million tax credit for proposef operations in Wilmington, was formed in the wake of DHL’s plans.
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