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Eliran Assa

The net retailer introduced it can lease an extra 15 cargo planes from GE Capital Aviation Providers. The deal was introduced Tuesday on the Paris Air Present.
Amazon has been stepping up efforts to deal with extra packages absolutely by itself. The corporate is shopping for vans so extra deliveries to clients’ doorways may be made by impartial contractors moderately than suppliers such because the US Postal Service, United Parcel Service (UPS) and FedEx (FDX). Earlier this month FedEx introduced it would not renew its US contract with Amazon to move packages on FedEx Categorical.
This lease, together with 5 different jet leases introduced earlier this 12 months, means Amazo (AMZN)can have 70 freighters in its fleet by 2021, in response to the corporate. The plane will fly out of 20 completely different US airports as a part of Amazon Air, the corporate’s air cargo operation.
These planes are an authentic mannequin of the 737 passenger jet being transformed to cargo use — they aren’t the 737 Max jet that has been grounded as a consequence of security considerations. GECAS introduced a take care of Boeing Monday to transform extra planes from passenger to cargo use.
Amazon began leasing cargo jets in 2016. It is usually within the means of constructing a important air hub on 210 acres on the Cincinnati/Northern Kentucky Worldwide Airport. That hub is ready open in 2021.
Earlier this 12 months a cargo jet operated for Amazon by Atlas Air crashed close to the airport in Houston, killing all three crew members aboard. The reason for that crash remains to be beneath investigation.

Eliran Assa