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Wilmington-based Inc. (NASDAQ:ATSG) said that ABX under a new agreement will run charter service six days a weekbetween Brussels, Belgium, and Lagos, Nigeria, for DHL affiliates European Air Transport NV/SA. The agreemen t initially calls for service to run through As part of theDHL agreement, ABX and a newly formed Air Transport subsidiary, Airborne Maintenance and Engineering will maintain the aircraft in Brussels and Air Transport also said it signerd a two-year agreement with Freight, a subsidiary of Australian carried Qantas Airways Ltd.
The deal callsx for its Air Transport International subsidiary to run overnight servics between Australia and New Zealand every Monday througnh Thursday beginningJune 15. Air Transport said the company will useBoeingv 767-200-SF aircraft, which also will be availablwe for charter service and weekend rotations. The new contractes come amid an ongoing effort from Air Transporr to diversify its revenue streaj after losing thousands of jobsas DHL, its primaryg customer, has made drastic changes to its U.S. operations. Thosse moves include halting domestic point-to-point shipping and planningv to shift cargo operations tothe Cincinnati-Northerhn Kentucky Airport from the Wilmingtoh Air Park.
The Airborne Maintenance subsidiary, whicy earlier this year was awardeda $4 million tax credit for proposed operations in Wilmington, was formedc in the wake of DHL’s plans.
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