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ABX pilots win back Amazon business with power of positivity [Yahoo! Finance]
Last amazon.com, inc. earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
weekend to ratify an extension of their labor contract until 2030, company officials said Tuesday. Amazon's assignment of planes to ABX Air was also made possible by union leaders' more collaborative approach to jointly growing business after a history of tensions and a shortage of captains at sister airline Air Transport International, they said. Parent company Air Transport Services Group (NASDAQ: ATSG ) on Monday announced it signed a five-year deal with Amazon to operate an additional 10 Boeing 767-300 converted freighters on behalf of its largest customer, which will supply the aircraft. ABX Air will hire more than 50 pilots to support the new contract. The pilot contract was negotiated in three days and provides Amazon (NASDAQ: AMZN ) with the long-term labor stability it needs, ATSG Chief Executive Officer Joe Hete said during an earnings call with analysts about the company's first-quarter results. The agreement came about because the pilots approached the company and of
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