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CINCINNATI, OHIO, U.S. - The American e-commerce giant adds 12 Boeing 767-300F Freighter jets to the fleet of its Air Cargo division Prime Air. 

To this end, the company has expanded its existing air transportation services agreement with Cargo Aircraft Management, a subsidiary of Air Transport Services Group.

The first Boeing 767-300F registered  N443AZ was delivered on May 29 and is already operating on behalf of by ATSG's subsidiary ATI - Air Transport International. The remaining eleven jets will join the Prime Air's fleet by the end of 2021.

The new agreement comes on top of a December 2018 agreement which foresees deliveries of a further four Boeing 767 dedicated freighters by the end of 2020. As a result of the two transactions, ATSG now expects that the number of B767 converted freighters it charters to will increase to 31 by the end of 2020 and 42 by the end of 2020.

ATSG currently operates 27 Boeing 767 freighters on behalf of Amazon, including seven Boeing 767-200F and 20 -300Fs.

ATSG and Atlas Air Holdings are the two main operators of's fleet of dedicated freighters in the United States, although the e-commerce giant also charters aircraft from Sun Country Airlines.

ATSG announced that as a part of the expanded agreement, it issued Amazon a warrant to purchase 7,014,804 shares of the common stock exercisable at USD20.40 per share. The warrants will vest in increments of 584,567 common shares per every aircraft delivered to Amazon.
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