Amazon Reveals 'Prime Air' Cargo Jet
August 05 2016 - 3:20AM
Dow Jones News
Amazon.com Inc. on Thursday unveiled the first in a planned
fleet of new cargo jets, part of a plan by the e-commerce giant to
expand its logistics operation.
The Boeing 767-300, emblazoned with "Prime Air" on its fuselage,
is to be operated by Atlas Air Worldwide Holdings Inc. It is one of
40 that Amazon has agreed to lease as it broadens its system for
shipping and delivering goods quickly to supplement partners such
as United Parcel Service Inc. and FedEx Corp.
The plane is part of a deal announced In May to lease 20 Boeing
planes from Atlas Air, following a similar deal in March to lease
as many as 20 jets from Air Transport Services Group.
The effort stems from a broad desire at Amazon to take greater
control of its shipping and package delivery operations. In some
cases, the company is using its own trucks, drivers and a fleet of
couriers for so-called last mile delivery, the final and
most-expensive leg of an order's trip.
Notably, the Prime Air designation has been used until now for
Amazon's nascent drone delivery program.
Amazon plans to debut the plane in public on Friday at the
Boeing Seafair Air Show in its hometown of Seattle.
Write to Greg Bensinger at greg.bensinger@wsj.com
(END) Dow Jones Newswires
August 05, 2016 03:05 ET (07:05 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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