Air Transport Services Group (ATSG) has completed the sale of passenger ACMI and charter operator Omni Air International to OAI Holdings, a transaction that removes the passenger carrier from the US group’s portfolio as it concentrates on air cargo and associated services.
The deal, completed on 13 November 2026, had previously been announced. ATSG and OAI Holdings have not disclosed the financial terms. OAI Holdings is a private investor group that includes Omni founder Rob Coretz and Jude Bricker, the former president and chief executive of Sun Country Airlines.
ATSG returns to its cargo core
ATSG said the disposal would allow it to direct investment towards its remaining activities in cargo transportation, aircraft leasing, maintenance, ground handling and logistics. The company had been reviewing strategic options for Omni before agreeing the sale.
“We are pleased to have completed this transaction after having explored strategic options for Omni for some time. We are confident Omni has a bright future ahead as it continues to serve its customers under OAI.”
That statement was made by Greg Mays, ATSG’s president and chief executive. He said the transaction would help the group accelerate investment in its core markets and respond to changing customer requirements, without providing further financial detail on the divestment.
Omni remains focused on passenger flying
Omni is headquartered at Tulsa International Airport in Oklahoma and operates Boeing 767 and 777 aircraft. Its business includes passenger ACMI and charter flying for US and allied governments, scheduled airlines and other customers.
| Transaction | Seller | Buyer | Financial terms |
|---|---|---|---|
| Sale of Omni Air International | Air Transport Services Group | OAI Holdings | Not disclosed |
The change in ownership separates Omni’s passenger operation from ATSG’s freighter and aviation-services platform. The buyer’s investor group includes Omni’s founder, while its other named participant, Jude Bricker, brings former airline chief executive experience to the new ownership structure.
Remaining cargo and services businesses
ATSG’s continuing airline interests include ABX Air and Air Transport International. The group also retains Cargo Aircraft Management and Airborne Maintenance & Engineering Services, giving it activities spanning freighter ownership and leasing, airline operations and technical support.
- Omni Air International has been transferred to OAI Holdings.
- ATSG will concentrate on cargo airlines, aircraft leasing and aviation services.
- The sale price has not been disclosed.
Goldman Sachs advised ATSG on the transaction. BDT & MSD Partners acted as financial adviser to OAI Holdings. The completed sale marks the end of ATSG’s period of assessing alternatives for Omni and leaves the group’s stated growth focus centred on its cargo-related businesses.
