Amazon just bought a bunch of used commercial jets for the first time

Amazon announced it purchased 11 used Boeing 767-300 jets from Delta and WestJet, a first for the e-commerce giant. The company has been steadily building up its air cargo capacity over the years through leasing agreements, but this is the first time Amazon has ever owned its own aircraft.

The deal comes as airplane prices have dropped due to the coronavirus pandemic. Airlines have been rushing to shrink their fleets as passenger demand plummets amid lockdown orders across the globe. The purchases include seven aircraft from Delta and four aircraft from WestJet, which will join Amazon’s network by 2022, the company says.

“Our goal is to continue delivering for customers across the U.S. in the way that they expect from Amazon, and...

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