ATSG will sell Omni Air International, its passenger ACMI and charter subsidiary founded in 1993, to private buyer OAI Holdings, with the transaction expected to close in the fourth quarter of 2026 or early 2027 subject to regulatory approval.

Financial terms were not disclosed. The deal exits ATSG from passenger aviation entirely and redirects the group toward air cargo transportation, aircraft leasing, maintenance and logistics services.

What is ATSG actually selling?

Omni provides customized charter services for commercial and government customers worldwide, alongside ACMI wet leasing, airline startup support, route development and aircraft management. The subsidiary represents ATSG's only passenger-facing business line — a vertical the group has carried since 1993.

Upon closing, that vertical leaves the ATSG group entirely. Cargo operations, the Cargo Aircraft Management leasing platform, and the maintenance and logistics services will form the remaining portfolio.

Who is buying?

OAI Holdings is a private company with aviation expertise. The buyer intends to "build on Omni's established position in the passenger ACMI and charter markets" and to back the carrier's "next chapter and long-term development."

ATSG did not name OAI's principals or disclose the financial structure of the deal.

What did ATSG's CEO say?

Greg Mays, ATSG's president and chief executive, framed the divestment as a strategic milestone.

"This agreement marks an important step for ATSG as it reflects the advancement of our long-term strategy of investing in and building out our core air cargo and related aviation services businesses," Mays said.

He added: "We have been assessing strategic options for Omni for some time given the significant opportunities in air cargo. This transaction allows us to focus our resources more fully on serving that market and related customers."

On the buyer choice, Mays concluded: "We look forward to continuing to execute on our strategic vision, and are confident that OAI is the right next owner for Omni and their customers as they will benefit from OAI's decades of proven aviation experience."

What are the commercial consequences?

• For ATSG, the divestment sharpens an air-cargo-first strategy that has shaped the group's recent leadership changes. Resources previously allocated to Omni's passenger operations will redirect toward the cargo, leasing and maintenance business.
• For Omni's commercial and government charter customers, day-to-day service continues through closing. OAI has committed to retain Omni's staff, fleet and contract book.
• For the wider ACMI market, the deal transfers an established provider with three decades of operating history to a private owner backed by aviation expertise rather than a strategic airline.

What's the timeline?

Regulators must clear the change of control before the deal can close in late 2026 or early 2027. The gap between announcement and expected closing gives both sides runway to complete regulatory review and transition commercial agreements.

Once the transaction closes, ATSG's reported segments will narrow to air cargo, leasing, maintenance and logistics — a structure that aligns the group's reporting lines with its freight-focused strategy.