We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Amazon Gets Own Air-Freight Arm

March 9, 2016: 12:00 AM EST
Online retailer Amazon is leasing 20 Boeing 767 freighter planes, according to Air Transport Services Group. Part of Amazon’s efforts to gain more control of the delivery process, expand delivery capacities during peak season, and lower its freight costs, the deal comes with lease durations of 5–7 years for the planes. Also, the deal includes Amazon buying a 19.9 percent stake in ATSG.
Leena Rao, "Amazon Is Leasing 20 Boeing Planes to Create an Air Cargo Network", Fortune, March 09, 2016, © Time Inc.
Domains
RETAIL BUSINESS
Online
Operations
Strategy
Geographies
Worldwide
North America
United States of America
Categories
Companies, Organizations
Developed by Yuri Ingultsov Software Lab.