To Speed Delivery, Amazon Will Lease 12 New Cargo Aircraft, Open New Regional Air Hubs

Rhian Hunt, The Motley Fool
To Speed Delivery, Amazon Will Lease 12 New Cargo Aircraft, Open New Regional Air Hubs

Powerfully rising demand is hampering Amazon's ability to fulfill orders rapidly, leading the company to throttle back availability of faster delivery methods and adopt other measures to try to ease the pressure on its supply chain. Out of the dozen cargo jets newly leased from Air Transport Services Group (NASDAQ: ATSG) one is already in Amazon's hands and in use. Amazon Global Air VP Sarah Rhoads remarked about the leases, "During a time when so many of our customers rely on us to get what they need without leaving their homes, expanding our dedicated air network ensures we have the capacity to deliver what our customers want: great selection, low prices and fast shipping speeds."