The Business Times
SUBSCRIBERS

Amazon could take as much as 30% stake in Atlas Air

Published Fri, May 6, 2016 · 09:50 PM

New York

AMAZON.COM Inc could take as much as a 30 per cent stake in a large cargo airline, its second such deal this year as the e-commerce giant steps up efforts to take control of its own delivery logistics.

As part of the agreement, Atlas Air Worldwide Holdings Inc will operate 20 Boeing…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here