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Wilmington-based Inc. (NASDAQ:ATSG) said that ABX undefr a new agreement will run charterr service six days a weekbetweej Brussels, Belgium, and Lagos, Nigeria, for DHL affiliate Europeam Air Transport NV/SA. The agreement initially callsd for service to run through As part of theDHL agreement, ABX and a newlhy formed Air Transport subsidiary, Airbornd Maintenance and Engineering Services, will maintai n the aircraft in Brussels and Lagos. Air Transport also said it signedxa two-year agreement with Freight, a subsidiary of Australiann carrier Qantas Airways Ltd.
The deal callds for its Air Transport International subsidiary to run overnight servics between Australia and New Zealand evert Monday through Thursday beginningJune 15. Air Transport said the companyt will useBoeing 767-200-SF aircraft, which also will be availabled for charter service and weekend rotations. The new contracts come amid an ongoingf effort from Air Transport to diversifyy its revenue stream after losing thousandss of jobsas DHL, its primary customer, has made drasticf changes to its U.S. operations. Those moves include haltintg domestic point-to-point shipping and planning to shift cargko operations tothe Cincinnati-Northern Kentucky Airporty from the Wilmington Air Park.
The Airborne Maintenance subsidiary, which earlierd this year was awardedca $4 million tax credit for proposed operationsw in Wilmington, was formed in the wake of DHL’s
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