Amazon Prime taking over the skies $AMZN @AMZN #thematicinvesting
Amazon sits right in the cross-hairs of several of our themes: Connected Society (online shopping), Cashstrapped Consumer (cheap online shopping + Prime free shipping) and even Content is King with the Amazon original series. Nothing represents the impact Amazon Prime is having than this story detailing the expansion of the online giants’ fleet of planes used to deliver products throughout the country.
While Amazon’s drone program remains in testing, the e-commerce giant is turning to cargo planes to keep up with package delivery demands.At Seattle’s Seafair’s Air Show on Friday, Amazon will display what could be the first of many Amazon-branded cargo planes dedicated to the firm’s Prime delivery service. The plane, dubbed Amazon One, is a Boeing 767-300 operated by Atlas Air, the airline which provides air cargo services to Amazon.