Amazon Buys Aircraft for the First Time

By Sheridan Fifer

While Amazon has leased aircraft for years, a recent deal with Delta and WestJet marks a first for the online retailer: it now owns its own jets. With many airlines reducing the number of planes in their fleets in the wake of the coronavirus pandemic, now is an opportune time to buy.

Amazon has made no secret of its delivery ambitions, which it hopes to further with the eleven used jets it acquired from Delta and WestJet. With a mix of leased and company-owned aircraft, the online retailer will exert more control over its operations. 

According to a year-old analysis, Amazon delivers more than half of all of its packages in the US as it accelerates its push to own the entire logistics chain and end its relationship with companies like FedEx and UPS.

Read the full story at The Verge.