Amazon could take a 30% stake in a large cargo airline
Amazon.com could take as much as a 30% stake in a large cargo carrier, its second such deal this year as the e-commerce giant seeks to control more of the delivery process, from factories where goods are made to the doorsteps of customers. As part of the agreement, Atlas Air Worldwide Holdings will acquire and operate 20 Boeing Co. 767-300 freighters for Amazon, according to a statement from the airline Thursday. The deal mirrors a March transaction with Air Transport Services Group Inc. and would double Amazon’s cargo-hauling fleet to 40 Boeing 767 freighters.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-05-06/general/amazon-could-take-a-30-stake-in-a-large-cargo-airline
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Amazon could take a 30% stake in a large cargo airline
Amazon.com could take as much as a 30% stake in a large cargo carrier, its second such deal this year as the e-commerce giant seeks to control more of the delivery process, from factories where goods are made to the doorsteps of customers. As part of the agreement, Atlas Air Worldwide Holdings will acquire and operate 20 Boeing Co. 767-300 freighters for Amazon, according to a statement from the airline Thursday. The deal mirrors a March transaction with Air Transport Services Group Inc. and would double Amazon’s cargo-hauling fleet to 40 Boeing 767 freighters.<br/>