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Amazon recently announced it has signed a deal to lease 20 aircraft to handle its deliveries in the USA. The lease is set to last 5-7 years, the lessor being Air Transport Services Group Inc. In 2014, the company spent$8.7 billion on shipping alone while relying on carriers like UPS and FedEx to deliver most of its packages. Although Amazon claims this leasing deal poses little threat to the leading delivery companies, RBC Capital Markets analyst John Barnes, expressed in a client note that this development is “an incremental negative for FDX and UPS as it will likely remove some higher yielding express freight and parcel volume from each of the respective networks.” According to an Amazon spokeswoman, the leased planes will start to operate on April 1st.