News / Amazon spreads its wings in the air cargo sector as it buys into Atlas and ATSG

Nathan Coats

Amazon’s hold on the air cargo industry is set to double, as it gets set to take up to 40% of the shares of both ATSG and Atlas Air, providers of Amazon Air operations. 

And in SEC filings submitted at the end of last week, both aircraft operators detailed the e-commerce platform’s plans to add both 737-800 and 767 freighters to the fleet.  

ATSG subsidiary CAM will lease 10 extra 767-300Fs to Amazon, five this year and five next, while the leases on ...