Richard F Corrado elected chief operating officer of aircraft lessor ATSG

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September 12, 2017: Cargo aircraft leasing and services company Air Transport Services Group has elected Richard F Corrado as its chief operating officer.

Corrado has served since 2010 as chief commercial officer of ATSG, and president of its Cargo Aircraft Management (CAM) and Airborne Global Solutions (AGS) subsidiaries. As COO, he assumes responsibility for the operating units of ATSG, including its cargo airlines and aircraft maintenance businesses. He will continue to report to ATSG president & CEO Joe Hete in his new role while maintaining his AGS responsibilities on an interim basis.

Hete credited Corrado with leading the way in presenting ATSG’s unmatched capabilities in midsize freighter leasing and operating services as unique solutions for rapidly growing regional express networks around the world. That includes the Amazon Prime Air network that ATSG pioneered in 2015 and supports today with twenty leased Boeing 767 freighters, crews, and maintenance and logistics services.

“During his more than seven years with ATSG, our externally leased portfolio of Boeing 767 freighters has more than tripled to forty-seven today, including the 767s we now lease to, and operate for, Amazon and DHL in the US,” Hete said.

Randy Rademacher, board chairman of ATSG, said Corrado’s broad industry experience and success in building CAM into one of the world’s largest freighter aircraft lessors have contributed to substantial rewards for ATSG shareholders and increased opportunities for its employees.

Prior to joining ATSG, Corrado was chief operating officer of AFMS Logistics Management, and president of Transform Consulting Group. He also held other key senior marketing leadership positions in the air express industry, serving as executive vice president of air services for DHL Express, and senior vice president of marketing for Airborne Express. He holds a bachelor’s degree in economics from Harvard College, and an MBA from Boston College.

Corrado expressed his strong interest in guiding ATSG’s businesses toward even stronger performance and customer service, while further developing its next generation of leaders.

"ATSG today is the pre-eminent growth story in the air cargo industry, with the right set of assets, people, and capabilities that represent comprehensive solutions for airlines, integrators and e-commerce marketers competing to reach their customers faster than ever before,” he said. 

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