Amazon buys its first planes to expand air network

Publishedduration1 hour agoshareSharenocloseShare pagelinkCopy linkAbout sharingimage copyrightAmazonimage captionAmazon Air – previously called Prime Air – has leased planes since 2016

Amazon has bought its first fleet of planes, as it expands its growing air freight network.

The additional 11 Boeing 767-300 planes would "support Amazon's growing customer base", it said.

Amazon's first air operation launched in 2016, but previous planes have been leased.

Experts say buying its own aircraft will allow Amazon become a credible competitor in logistics.

"It is significant that Amazon has purchased the aircraft, as opposed to leasing carriers, as it should lead to lower overall lifetime costs, greater control over the speed, reliability and quality of service, and accelerate its aim of cementing the brand as a genuine player in the competitive world of air freight," said Michelle Mooney, a reporter at Logistics Manager.

Amazon boss Jeff Bezos – estimated to be the richest man in the world – is "using logistics as a secret weapon", said Gonzalo de la Mata, of specialist Amazon consultancy Molzi.

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