Amazon runs its own race as takeover talk in T&L swirls
Meanwhile, please don’t exaggerate the UPS effect
Atlas Air’s deal with Amazon is set to go ahead after shareholders voted overwhelmingly in favour – despite a plea from pilots for greater scrutiny of the contract.
In a special meeting yesterday, a proposal to issue new shares was approved, triggering a “change of control” at the company.
Shareholders had received a letter on behalf of the airline’s 1,600 pilots outlining their concerns over the deal.
With the main risks of the Amazon operation falling onto Atlas, which needs to source and ...
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