Amazon reaches agreement with Atlas
#1
Line Holder
Thread Starter
Joined APC: Feb 2014
Posts: 85
Amazon reaches agreement with Atlas
#2
Banned
Joined APC: Jul 2010
Position: 737 NG CAPT.
Posts: 216
Looks like Amazon just rained on ATSGs parade. Welcome to the ACMI world where you are one contract away from unemployment. A wise decision by Amazon to spread around the risk using multiple carriers patterned after the DHL model. In the end I can see the FAA mandating Amazon have their own Operating certificate as was forced upon UPS.
#3
Gets Weekends Off
Joined APC: May 2013
Posts: 198
Amazon can avoid having to acquire their own certificate by buying portions of each company. I think that is what the stock warrants are for in Atlas and ATSG.
Amazon has the warrants to buy significant portions of each company.
Amazon has the warrants to buy significant portions of each company.
#5
Gets Weekends Off
Joined APC: Nov 2012
Posts: 264
#7
Atlas Air Worldwide Holdings
Big day for Atlas. Finding additional revenue streams is always a good thing.
Big day for Atlas. Finding additional revenue streams is always a good thing.
#9
Line Holder
Thread Starter
Joined APC: Feb 2014
Posts: 85
Looks like Amazon just rained on ATSGs parade. Welcome to the ACMI world where you are one contract away from unemployment. A wise decision by Amazon to spread around the risk using multiple carriers patterned after the DHL model. In the end I can see the FAA mandating Amazon have their own Operating certificate as was forced upon UPS.
I don't see it as 'raining on ATSG's parade' at all- ATSG is sitting on the vacant DHL sort facility which Atlas doesn't have. Amazon bought a seat on ATSG's board for cryin out loud. With the amount of volume that Amazon carries, there will be plenty to go around between ABX/ATI/Atlas. If anything, this move will enable Amazon to control its own logistics sooner, which will be a positive thing for both ATSG and Atlas over the long run.
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