ATSG will start flying for Amazon 767Fs previously operated by Atlas

Amazon is shifting 767-300Fs from Atlas Air to ATSG affiliate carrier Air Transport International (ATI) for CMI flying, Cargo Facts has learned. Although Atlas’ leasing affiliate, Titan Aviation Holdings, will continue to lease nineteen freighter-converted 767-300Fs to Amazon, CMI operations for at least two aircraft will be “assigned by Amazon to another provider,” Atlas confirmed […]

Cargojet issues warrants to Amazon incentivizing airfreight use in Canada

Canada-based Cargojet and Amazon.com NV Investment Holdings, an affiliate of Amazon.com.ca, entered into a strategic partnership under which Cargojet will issue two tranches of warrants equal to a 14.9% stake in the company. The warrants vest over 7.5 years as certain commercial requirements are met. At first glance, the option to purchase a stake in […]

Amazon aims to grow cargo drone team in the UK [VIDEO]

Amazon is aiming to add more than 2,000 technology workers to its United Kingdom team, the company announced in a 3 July press release. While the statement noted roles include “engineers, software developers, data scientists and cloud and machine learning experts,” Bloomberg reported that Amazon’s Prime Air cargo drone service is among the technology areas new […]

Amazon commits to 15 more 737-800BCFs, GECAS confirms role as lessor

Amazon confirmed plans to lease fifteen additional 737-800BCFs from GECAS, to be delivered by 2021, in an agreement announced today at the Paris Air Show [FATs 004971-4985]. These fifteen units are in addition to the five 737-800BCFs Amazon has already secured, and has contracted Atlas-affiliate Southern Air to operate on a CMI basis by year-end […]

ATSG expands credit facility to grow 767 freighter fleet

Yesterday, Air Transport Services Group announced the growth of its credit facility by US$100 million to $645 million, along with a one-year extension through May 2024. Quint Turner, ATSG’s CFO, said the company will invest a majority of its $475 million capital expenditure budget this year to acquire thirteen 767-300s, most of which will be […]

Does Amazon really matter to intra-European express, postal, courier and ground transport?

A Google News search today of the term “Amazon” yields 566,000 hits. Indeed, the online retailing behemoth is seemingly everywhere, dominating discussions in the airfreight market, but just how important is Amazon to the intra-European freight market? The answer will surprise you. Recently, we took a brief look at the importance of Amazon for the […]
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