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 […]
  • Charles Kauffman and Jeff Lee
  • June 18, 2019

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 […]
  • Caryn Livingston
  • May 29, 2019

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 […]
  • Frederic Horst
  • May 24, 2019

Atran’s new Cainiao cross-border flight one piece to carrier’s 737-800BCF puzzle

Russia-based Atran will operate a weekly scheduled flight between Hangzhou (HGH) and Riga (RIX) via Moscow Vnukovo (VKO) and other intermediate airports for Alibaba’s logistics-arm, Cainiao. The flight will utilize the carrier’s sole 737-800BCF, which Atran added to its fleet in January (32616, ex-NOK air) on lease from GECAS [FAT 004768]. Although the new route […]
  • Charles Kauffman
  • May 20, 2019

ATSG adds UPS as new dry lease customer, reports strong 1Q19

Air Transport Services Group (ATSG) today released its first-quarter results for the period ending 31 March, reporting customer revenues up 71% y-o-y for the quarter to $348.2 million on increased ACMI flying. Net earnings, meanwhile, were up a solid 35% to $22.7 million. Robust demand from existing customers such as Amazon and DHL, as well […]
  • Charles Kauffman
  • May 9, 2019

How important is Amazon to the US domestic air freight and express business?

Amazon is big. In 2018, the company’s share of US e-commerce sales reached around 50%. E-commerce itself accounts for about 15% of total US retail spending. But how big is Amazon for the domestic air freight and express business? And has Amazon’s growth come at the detriment for FedEx and UPS? To be clear, Amazon […]
  • Frederic Horst
  • May 8, 2019

Southern Air begins flying 737-800Fs for Amazon

Atlas Air Worldwide’s subsidiary carrier Southern Air today put two 737-800BCFs into service on a CMI basis for Amazon Air. The two aircraft (32882 and 32611) are among at least five 737-800BCFs that Southern Air will begin flying for Amazon in 2019. Breaking away from a pattern of what appear to be test flights between […]
  • Charles Kauffman
  • May 2, 2019

Atlas says Southern to begin flying 2 Amazon 737-800Fs this month

Atlas Air Worldwide’s Southern Air subsidiary will begin flying two 737-800Fs on a CMI basis for Amazon Air this month, Atlas President and CEO Bill Flynn said today during the company’s first quarter 2019 earnings call. Those two aircraft are among five that Southern Air will begin flying for Amazon this year, and potentially among […]
  • Caryn Livingston
  • May 1, 2019
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