ABX Air to buy Boeing 767 aircraft

ABX Air to buy Boeing 767 aircraft
Thu Mar 22, 2007 5:46 PM ET

March 22 (Reuters) - ABX Air Inc. said it agreed to buy a Boeing 767-223 aircraft, formerly operated by American Airlines, and convert it into a freighter from passenger configuration.

The company said it expects it will cost about $20 million to buy and modify the aircraft, which will be in service by early 2008. ABX added that it expects to have forty-two 767 aircraft in service by early next year. (Reporting by Tenzin Pema in Bangalore)