Amazon buys 11 aircraft to make deliveries faster

Reuters

Published Jan 05, 2021 09:21AM ET

Updated Jan 05, 2021 10:10AM ET

(Reuters) -Amazon.com Inc said on Tuesday it bought 11 Boeing (NYSE:BA) 767-300 aircraft, as it looks to boost its delivery capabilities to cater to a surge in online orders.

The aircraft, including seven from Delta Air Lines (NYSE:DAL) and four from WestJet Airlines, will join Amazon (NASDAQ:AMZN)'s air cargo network by 2022, the online retailer said in a statement https://www.aboutamazon.com/news/transportation/amazon-purchases-11-aircraft-from-delta-and-westjet-to-join-amazon-airs-network.

In June, Amazon had leased 12 Boeing 767-300 converted cargo aircraft from Air Transport Services (NASDAQ:ATSG) Group Inc, bringing its total fleet to more than 80. (https://reut.rs/2MCkYHl)

"Having a mix of both leased and owned aircraft in our growing fleet allows us to better manage our operations," said Sarah Rhoads, vice president of Amazon Global Air.