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Amazon Expands Air Fleet to Win One-Day Delivery Race

Mayur Sontakke, CFA, FRM
Amazon Expands Air Fleet to Win One-Day Delivery Race

Yesterday, Amazon (AMZN) announced that it's partnering with GE Capital Aviation Services (GE) to expand its fleet of domestic air cargo planes. The company will add 15 more converted Boeing (BA) 737-800 planes to its current fleet of five. The fleet expansion will give Amazon a chance to add more cities to its network.