Amazon has announced it is expanding its partnership with Air Transport Services Group (ATSG) and will lease an additional 10 aircraft from the company. Launched in 2016, Amazon Air initially leased 40 Boeing 767 freighter aircraft, with 20 from ATSG. The 10 additional cargo planes...
March 08, 2021
Amazon has taken a minority stake in Air Transport Services Group (ATSG), the air freight partner working with most of its aviation logistics unit, according to CNBC. The eCommerce giant exercised warrants in ATSG that will let it acquire around 13.5 million shares in the cargo airline at around $9.73 per share. That comes out to around $131.9 million, according […]
December 26, 2018
Amazon has announced it is expanding its partnership with Air Transport Services Group (ATSG) and will lease an additional 10 aircraft from the company. Launched in 2016, Amazon Air initially...
