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Amazon Will Use Hawaiian Airlines to Operate Cargo Planes

Started by Epoch-Times-Bot, Oct 21, 2022, 11:15 PM

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Epoch-Times-Bot

Oct 21, 2022, 11:15 PM
Amazon Will Use Hawaiian Airlines to Operate Cargo Planes

HONOLULU—Hawaiian Airlines will operate 10 cargo planes for Amazon.com starting next fall under a deal that could eventually involve more planes and give Amazon a 15 percent stake in the airline.
The airline's parent company, Hawaiian Holdings Inc., said Friday that it will fly and maintain an "initial fleet" of 10 leased Airbus A330-300 jets for the retail giant. The fleet could grow "depending on Amazon's future business needs," the company said.
Hawaiian said it issued warrants that Amazon can exercise over the next nine years and acquire up to 15 percent of Hawaiian stock.
Shares of Hawaiian Holdings jumped 13% in afternoon trading on Friday....

Source: Amazon Will Use Hawaiian Airlines to Operate Cargo Planes

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