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Move aims to help reduce its shipping costs, reliance on carriers such as UPS and FedEx
An Amazon-branded Boeing 767 freighter flies over Lake Washington during the Seattle Seafair Air Show in August 2016.
Amazon.com Inc. AMZN -0.56% on Friday said it would lease another 10 freighter aircraft from Air Transport Services Group Inc., ATSG -1.42% as the online retail giant expands its air cargo operation.
The expanded deal also gives Amazon the ability to buy up to a 39.9% stake in the Wilmington, Ohio, air-cargo transportation company and includes multiyear extensions of the current aircraft leases between the companies.
This is an excerpt from The Wall Street Journal.
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Smaller, ultraefficient long-range airliners are overtaking the once celebrated giant of the sky; crammed seats and fewer perks<br>
About a year ago, a Boeing BA 0.41% 747 operated by Delta Air Lines took off from Atlanta for a three-hour flight to Pinal Airpark, a boneyard for unwanted aircraft in Arizona’s Sonoran Desert.<p>
The once celebrated giant of the sky, which had transformed international travel with its size and range, had flown its last flight for a U.S. airline.
Delta has replaced its fleet of jumbo jets with Airbus A350s, one of a new breed of smaller, ultraefficient long-range airliners. Nearly every other airline in the world is doing a version of the same thing, replacing huge jets with smaller ones.
This is an excerpt from The Wall Street Journal.
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Boeing Co. BA -is facing unusually public criticism from a major customer, Lion Air, as the two try to minimize fallout from a fatal crash.
Accident investigators are months away from determining the precise cause of the Oct. 29 crash that killed 189 people when the new Boeing 737 MAX 8 plunged into the Java Sea. Lion Air on Monday said it had reached a deal with a Dutch marine company to resume searching for the plane’s cockpit voice recorder.
Initial information pointing to potential maintenance, operation and design issues, however, has escalated a spat that exceeds typically private finger-pointing following a major airliner accident.
“I’m very disappointed with the way Boeing has behaved,” Lion Air co-founder Rusdi Kirana said in a recent interview.
This is an excerpt from The Wall Street Journal.
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LONDON—More than 100 flights at one of Europe’s busiest airports were grounded Thursday by drone operations that authorities say were a deliberate attempt to disrupt travel.
Police and military forces were involved in the response, Britain’s aviation minister Liz Sugg said. Sussex police said the drones were of an “industrial specification,” rather than a toy or amateur unmanned aircraft.
The incident, at Gatwick Airport—Britain’s busiest after London’s Heathrow—amplifies concerns about the threat to commercial flights from unmanned aircraft.
The drone flights near the airport began late Wednesday and continued into Thursday, the airport operator said. Some flights, including to the U.S., were grounded and others diverted to land at other airports, stranding, diverting or delaying tens of thousands of passengers in the run-up to the busy holiday travel period.
This is an excerpt from The Wall Street Journal.
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