Online Retailer Amazon Enters the Air Freight Market
Amazon signed agreements with Atlas Air Worldwide Holdings, parent company of Atlas Air and Air Transport Services Group, under which those companies will each operate 20 767s for Amazon. Amazon will be operating under the name Prime Air. Amazon got its first branded 767-300 ER Freighter the company calls “Amazon One”. The aircraft, registration N1997A, flew on August 5th during the Boeing Seafair show.
Aircraft N1997A was manufactured in 1994 and is powered by General Electric CF6 turbofans, according to Flight Fleets Analyzer. The aircraft N1997A had accumulated 90,000 hrs and completed 17,400 cycles as of November 2015 according to Analyzer.
Atlas expects to have the 20 aircraft flying for Amazon by the end of 2018. As part of the deal, Atlas gave Amazon the right to purchase up to 20% of Atlas stock over five years, and the possibility to purchase another 10% of shares.
That deal followed an announcement in March that Air Transport Services Group had reached an agreement to operate 20 767s for Amazon. The Air Transport Services deal gave Amazon the right to purchase 19.9% of Air Transport Services shares.
Source : Flightglobal/Photo Amazon