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ATSG Delivers Second A330 Freighter to ULS Airlines Cargo

ATSG Delivers Second A330 Freighter to ULS Airlines Cargo
Air Transport Services Group, Inc. (ATSG), a prominent provider of cargo aircraft leasing and air cargo transport services, has completed the delivery of its second Airbus A330 passenger-to-freighter (P2F) conversion to ULS Airlines Cargo, based in Istanbul, Türkiye. The newly converted A330-300P2F, capable of carrying approximately 62 tonnes of gross payload and offering over 526 cubic metres of cargo volume, was transformed from a passenger aircraft by Turkish Technic in Istanbul. This conversion was carried out in partnership with Elbe Flugzeugwerke GmbH (EFW), a joint venture between Airbus and ST Engineering responsible for certifying the A330P2F programme.
Expanding Capacity Amid Market Competition
This delivery represents a key milestone in ATSG’s strategy to provide modern, fuel-efficient freighters that address the growing global demand for air cargo services. ULS Airlines Cargo, which operates scheduled and charter flights across Europe, the Middle East, and Asia, is expanding its fleet to enhance capacity for high-volume and long-haul routes. The addition of a second A330P2F is expected to improve the airline’s operational efficiency, service reliability, and responsiveness to evolving customer requirements.
However, ATSG and ULS Airlines Cargo are entering an increasingly competitive environment. Several carriers are simultaneously expanding their freighter fleets with similar widebody aircraft, raising concerns about potential market saturation. Competitors such as Air France Cargo, which is introducing the new A350F, and Vietnam Airlines, deploying the A321 freighter, are intensifying competition within the sector. This surge in capacity may lead to heightened rivalry for cargo contracts and the possibility of price pressures as airlines compete for market share.
Industry analysts are closely monitoring how the influx of modern freighters will affect operational efficiency and cost structures across the sector. The growing availability of fuel-efficient aircraft is expected to prompt scrutiny over airlines’ ability to sustain profitability amid rising capacity and shifting market dynamics.
Strategic Implications for ULS Airlines Cargo
Despite these challenges, the integration of an additional A330P2F into ULS Airlines Cargo’s fleet strengthens the airline’s competitive position in international air freight. The aircraft’s combination of payload capacity, range, and fuel efficiency aligns with ULS’s strategic growth objectives and enhances its flexibility in adapting to changing market demands. Furthermore, the collaboration between ATSG and ULS highlights the increasing significance of freighter conversions in advancing sustainability goals, as repurposing passenger aircraft extends the operational lifespan of existing airframes while providing cost-effective freight solutions.
This delivery not only reinforces the partnership between ATSG and ULS Airlines Cargo but also underscores their shared commitment to expanding capacity and maintaining resilience in a rapidly evolving global cargo market.

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