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 […]
  • Charles Kauffman
  • August 23, 2019

Aviastar-TU plans to add more 757Fs

Russia-based Aviastar-TU will “most probably” expand its fleet with more 757Fs in 2020, the carrier confirmed to Cargo Facts. Aviastar-TU currently operates three 757-200Fs and four TU-204-100Cs. The carrier joined the ranks of those who operate the freighter version of the 757 when it took delivery of its first 757-200PCF (25731, ex-American Airlines) in August […]
  • Jeff Lee
  • July 22, 2019

Freighter aircraft leasing part I: E-commerce behind growing leasing market

Today we begin our annual analysis of the increasingly complex world of freighter aircraft leasing. In this two-part series, we begin with an overview of how the freighter fleet belonging to lessors has evolved since our analysis a year ago. In part II, we will consider the leased fleet by carrier, and how year-over-year shifts […]
  • Jeff Lee
  • July 11, 2019

E-commerce and freighters part II: Partnering on Asia-Pacific fulfillment

Yesterday, in part I of our feature on e-commerce and freighters, we explored the rise of the own-operated network for e-commerce fulfillment in the United States. In part II today, we consider how e-tailers in the Asia-Pacific region are utilizing partner capacity to fulfill growing e-commerce demand in the region.  Across the Pacific Ocean, Chinese e-tail […]
  • Caryn Livingston
  • June 27, 2019

E-commerce and freighters part I: In balance or imbalance?

In part I of our feature on e-commerce and freighters, we explore the rise of the own-operated network for e-commerce fulfillment in the United States. Check back later this week for part II, where we consider how e-tailers in the Asia-Pacific region are utilizing partner capacity to fulfill growing e-commerce demand in the region. If […]
  • Caryn Livingston
  • June 26, 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

Amazon’s $100 million Lakeland Airport project approved

On 20 May, city officials in the Florida city of Lakeland approved a proposal between Lakeland Linder International Airport (LAL) and Amazon, submitted the week before. The $100 million investment from Amazon.com Services, Inc., that will go towards the construction of a 225,000 square foot air cargo facility and a seven-jet cargo hangar at LAL. […]
  • Chelsea Toczauer
  • May 24, 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
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