In total, the ATSG companies will have a combined fleet of more than 90 aircraft in service by year-end. Eleven of the thirteen aircraft Omni Air operates are owned, with one 767-200ER and one 767-300ER leased. Omni Air’s fleet, which includes seven 767-300ER, three 767-200ER and three 777-200ER aircraft, complements ATSG’s industry leading fleet of Boeing 737, 757, and 767 aircraft, and further solidifies its position as the world’s largest source of dedicated 767 cargo aircraft to selected air-express and other operators. The strong recurring cash flows from Omni Air’s operations augment the sustainable cash flow generated by ATSG’s dry leasing business model. The transaction will further ATSG’s strategic goals by adding growth opportunities with long-time and blue-chip customers, and by positioning it to meet customers’ global cargo needs with the longer-range 777 platform. The acquisition of Omni Air will further diversify ATSG’s customer base, add significant presence in the growing government passenger charter services market, add 13 aircraft to ATSG’s fleet, and broaden the ATSG carriers’ operating capabilities to include three Boeing 777-200 extended range (ER) aircraft. The combination with Omni Air is anticipated to add over $430 million in annualized revenues to ATSG. Omni Air, founded in 1993, is an FAR Part 121 certificated and IATA Operational Safety Audit registered airline. Omni Air also carries passengers worldwide for a variety of private sector customers and government services firms. Department of Defense (DoD) via the Civil Reserve Air Fleet (CRAF) program, and a worldwide provider of full-service passenger charter and ACMI services.

Omni Air is a leading provider of passenger airlift services to the U.S.

It is a cash deal and ATSG will not assume any debt in connection with the acquisition. Air Transport Services Group Inc., based in Wilmington, Ohio said it could expand its e-commerce business more rapidly after acquiring Omni, the airline that is the Pentagon’s largest trooper carrier.

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