DAVID BUCHER HIRED AS CHIEF OPERATING OFFICER FOR CARGO AIRCRAFT MANAGEMENT

WILMINGTON, OH – May 16, 2014 – Cargo Aircraft Management, Inc. (CAM), the aircraft leasing arm of Air Transport Services Group, Inc. (NASDAQ:ATSG), announced today that it has hired industry veteran W. David Bucher to lead its operations as Chief Operating Officer. Bucher will replace William Tarpley, who is leaving to pursue other opportunities.

Bucher has over 30 years of experience in the commercial aviation industry. Prior to joining CAM, he was Vice President of Technical Operations for Air Transport International, Inc., an airline subsidiary of ATSG. Bucher also has held significant roles with Cumberland River Aviation, Airborne Express, Emery Worldwide and Federal Express. He holds a Bachelor of Business Administration from Belmont University and an MBA from Indiana We

sleyan University.

"I am pleased that Dave will be contributing his talents to our team," said CAM President Rich Corrado. "His deep industry knowledge and no-nonsense leadership style will be invaluable as we continue to provide customers around the world with tailored leases to match their unique needs."

In addition to his leadership experience, Bucher has hands-on experience as an active aircraft pilot and mechanic with FAA certificates of Commercial Pilot, Airframe and Powerplant Mechanic with Inspection Authorization, and Turbojet Flight Engineer.

About Cargo Aircraft Management, Inc. (CAM)
Cargo Aircraft Management provides aircraft leasing programs tailored to the individual needs of its customers, drawing from its growing fleet of cost-efficient Boeing 767-200/300 and 757-200 freighter aircraft. Additional services include dry/wet leasing, passenger-to-cargo aircraft conversion management services, route and aircraft operations analysis, sale leaseback transactions, aircraft ownership joint ventures, and ongoing aircraft management services. For more information, please see www.cargoleasing.com.

About Air Transport Services Group, Inc. (ATSG)