Thread: Atsg ati/abx
View Single Post
Old 11-07-2017, 08:05 PM
  #10  
wjcandee
Gets Weekends Off
 
Joined APC: Aug 2016
Posts: 493
Default

For what it's worth, the agreements actually work this way. Amazon dry leased the CAM 767-200s for 5 years. They dry leased the CAM 767-300s for seven years. Whatever the lease rates are on those airplanes, they are paid directly by AFS to CAM. Separately, Amazon and the ATSG carriers entered into a CMI agreement for 5 years, terminable at Amazon's convenience on 180 days notice. With respect to Atlas, the 767-300s are dry leased by Amazon from Atlas leasing subsidiaries Titan and Andromeda for 10 years, with the AFS/Atlas Air CMI agreement being for 7 years, with a similar termination for convenience provision. All of the Amazon Prime Air aircraft are controlled by Amazon; they can't be used by the carriers for anything else, and on 180 days notice, Amazon can place any of them with any carrier they wish. 1709A, 255CM and 395CM are aircraft that are dry leased by each of Atlas and ATI from their respective leasing companies, and are used by those carriers for whatever purpose they wish, including as backups if necessary for their Amazon contracts.
wjcandee is offline