Amazon Air, forging tighter ties with Air Transport Services Group (ATSG), will lease 10 more Boeing 767-300 freighters from the company. It will also extend 20 existing leases and receive incentives for leasing up to 17 more aircraft, including narrowbodies, the companies announced Dec. 21. The deal also grants Amazon additional warrants that could see it own 40% of ATSG stock. Amazon will take delivery of five aircraft in 2019 and five more in 2020, ATSG said. Each will be on 10-year ...

Subscribe to Access this Entire Article

"Amazon to lease 10 additional ATSG Boeing 767Fs" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.