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Amazon Flights Getting Bumpy -- Market Talk
BY Dow Jones & Company, Inc.
— 10:32 AM ET 11/04/2016

10:32 ET - Labor disputes are challenging the big air-cargo ramp by Amazon ( AMZN) , with Air Transport (ATSG) and Atlas Air (AAWW) both battling strife in their pilot ranks while frantically hiring to keep up. ATSG officials say their 3Q conference call that some pilots have stopped volunteering for extra work, just as the peak season looms--forcing it to pay premium rates to maintain service levels. It's also taken the Teamsters to court, alleging it violated labor agreements by advising pilots not to work extra flights, a charge the union contests. ATSG will have 3 more Boeing (BA) 767s flying for AMZN during the peak season. Amid its noted revenue beat, ATSG rises 3.2% to $13.38, turning positive for the week. ([email protected]; @dougcameron)