Shares of Atlas Air fall Monday after an Atlas Air plane carrying packages for Amazon crashed Saturday into Texas Bay, killing all three people on board. Shares of Atlas Air Worldwide Holdings (AAWW) - Get Report were down 5.76% to $55.51 on Monday after an Atlas Air plane carrying packages for Amazon.com Inc. (AMZN) - Get Report crashed Saturday into Texas Bay, killing all three people on board. At around 12:45 p.m. ET on Saturday, Feb. 23, the Federal Aviation Administration said the jetliner from Miami went down about 40 miles southeast of Houston's George Bush International Airport, according to Robert Sumwalt, investigator for the National Transportation Safety Board. Emergency response planes and a specialist team were sent to the crash site. But on Monday, the black boxes had not yet been recovered. Atlas Air confirmed Sunday that three crew members died when the Boeing 767 crashed just minutes from arriving at George Bush Intercontinental Airport. Amazon is a holding in Jim Cramer's Action Alerts PLUS member club. Want to be alerted before Jim Cramer buys or sells AMZN? Learn more now.<doc-sep>On 23 February shortly before 12:45, an Atlas Air Inc. Boeing 767-300ERF cargo (N1217A) crashed into Trinity Bay near Anahuac, Texas. The aircraft operated flight 5Y3591 between Miami and Houston. The Federal Aviation Administration (FAA) indicated three people were on board. The Boeing 767 appeared to be flying for Amazon Prime Air, the company’s cargo airline, according to Flightradar24. The flight lost radar and radio contact about 30 miles southeast of its destination, Houston’s George Bush Intercontinental Airport. The National Transportation Safety Board (NTSB) said it was sending a team to investigate at the scene. Boeing issued a statement on Twitter saying it was aware of the crash and “gathering more information.” The aircraft involved was MSN 25865. It was delivered new to Canadian Airlines in 1992 as C-GCAW and flew for several other airlines (China Southern Airlines, LAN Chile, LAN Argentina) before joining Atlas Air’s fleet in 2016. Boeing is aware of media reports of a 767 freighter accident in Texas and is gathering more information. — Boeing Airplanes (@BoeingAirplanes) 23 février 2019 NEWS Atlas Air Flight #5Y3591 (N1217A) Boeing 767-375(ER)(BDSF) cargo plane crashed in the Trinity Bay on approach to George Bush Intercontinental Airport, Texas. Killing all 3 on board. (23-FEB-2019). pic.twitter.com/1kDOHaYnCH — Air Disasters (@AirCrashMayday) February 23, 2019<doc-sep>A twin engine Boeing 767 Atlas Air cargo jet violently crashed into Trinity Bay near Anahuac, Texas, shortly before 12.45pm on Saturday afternoon. There were three people on board Atlas Air Flight 3591 that was carrying Amazon Prime Air cargo, the Federal Aviation Administration said citing initial reports. There are no survivors in the deadly crash, according to the Chambers County Sheriff's Office. The flight had departed from Miami and was bound for George Bush Intercontinental Airport in Houston, Texas when it nosedived and plunged into the bay, which is just about five feet deep and is mostly mud marsh. It made a steep descent from 6,525 feet to 3,025 feet in 30 seconds, according to tracking data from FlightAware.com Officers and rescue teams have flocked to the scene where broken detritus of the plane was visible in the water along with bits of floating cargo such as women's clothing and cardboard boxes. Sheriff Brian C. Hawthorne described the crash during a press conference Saturday afternoon as 'total devastation'. He later told the Houston Chronicle that police had found human remains at the site. Scroll down for video Atlas Air Flight 3591, which was carrying cargo for Amazon Prime Air, was on route to Houston's George Bush International Airport from Miami when it suddenly crashed into Trinity Bay near Anahuac, Texas on Saturday afternoon Sheriff Brian C. Hawthorne described the crash during a press conference Saturday afternoon as 'total devastation'. Parts of the plane can be seen above in the water Emergency personnel work at the scene of a plane crash site in Trinity Bay in Anahuac, Texas on Saturday He said multiple witnesses reported the plane crash seeing it nose dive and hearing what sounded like 'lightning'. 'The first thing I saw when I got out there was just floating debris. From bed sheets to women's clothing to cardboard boxes to a lot of fiberglass. As we got closer we started seeing plane debris,' he said. He did not verify the name of the shipping company that is believed to be operating for Amazon Prime Air, according to Flight Global. Air traffic controllers in Houston tried at least twice to contact the plane but received no response. According to FlightRadar the jet had departed Miami at 11.33 local time and was scheduled to arrive at Houston Intercontinental at 12.53 local time. A helicopter flies overhead as emergency personnel work the scene of a plane crash site in Trinity Bay in Anahuac Law enforcement officers man a road block leading to a staging area during the investigation of a plane crash in Trinity Bay in Anahuac Rescue teams pictured above at the bay searching for the plane after it plunged into the bay at 12.45pm on Saturday After hours of searching, rescue teams were able to locate the submerged jet in Jack's Pocket at the north end of Trinity Bay The last transmission sent to the aircraft warned of heavy rain near the airport After losing contact, then they asked a United Airlines pilot if he had seen 'ground contact' - wreckage - to his right or behind him. 'That's a negative,' he said. They also asked a Mesa Airlines pilot: 'See if you can make ground contact. We are looking for a lost aircraft ... it's a heavy Boeing 767,' meaning it's a big, two-aisle plane. 'No ground contact from here,' the Mesa pilot said. According to FlightRadar the jet had departed Miami at 11.33 local time and was scheduled to arrive at Houston Intercontinental at 12.53 local time. Atlas Air Flight 3591 was on route to Houston's George Bush International Airport from Miami when it went down 'We haven't been able to find any survivors or any remains. I feel like it's probably a crash that nobody would have survived,' Sheriff Brian C. Hawthorne said at a press conference after the accident Multiple law enforcement agencies reported to the scene to help with the search and rescue. After scouring for hours the jet was finally located in Jack's Pocket at the north end of Trinity Bay. Sheriff Hawthorne said they'll likely be out there for weeks clearing the seen and determine what made the plane go down. FAA investigators are the site and the National Transportation Safety Board has been notified. The NTSB will be taking charge of the investigation. The FAA released a statement on the afternoon crash An Amazon.com Inc. Prime Air cargo jet sits parked in an airport (File Photo). 767 cargo jets are large airliners with seating capacity for 181 to 375 people The FBI are also on the scene to help locate the jet's black boxes. The Houston Police Department said they're sending its marine officers to the seen and the Harris County Sheriff's Office is sending personnel to assist in the crash. The NTSB will be taking charge of the investigation. According to Atlas Air Inc.'s website the company transports 'precious perishables or heavy construction equipment to arranging passenger charters for celebrities or dignitaries.' The jet had flown for Prime Air since April 2017, as per Flight Global.<doc-sep>
An Atlas cargo plane flying on behalf of Amazon Air — Amazon’s own freight delivery service that competes with FedEx and UPS, among others — has crashed outside Houston, Texas, killing three people on board. Amazon and Atlas both confirmed the accident with short statements. Neither provided any details on the nature of the accident. “Our thoughts and prayers are with the flight crew, their families and friends along with the entire team at Atlas Air during this terrible tragedy. We appreciate the first responders who worked urgently to provide support,” said Dave Clark, SVP of worldwide operations at Amazon. “This is to confirm that an Atlas Air 767 cargo aircraft Flight No. 3591 operating from Miami to Houston has been involved in an accident this afternoon,” reads a statement from Atlas. “We understand the aircraft went down near the city of Anahuac, Texas, in the Trinity Bay. We can confirm there were three people on board the aircraft. Those people and their family members are our top priority at this time. Atlas Air is cooperating fully with the FAA and NTSB. We will update as additional information becomes available.” The Boeing 767 cargo jetliner lost contact on radio and radar around 12:45pm local time after crashing into Trinity Bay close to Anahuac, a small city about 30 miles from Houston. Local news reported officials on the ground saying there is unlikely to be survivors. The aircraft, Atlas Air Flight 3591, was flying from Miami on behalf of Amazon, according to flight tracking site Flightradar24. Many are reporting the crash as a “Prime Air” incident, but this isn’t completely accurate. Originally, Amazon Air was branded “Prime Air”, and this appears to be the logo that still runs on many of these planes — but Amazon rebranded the service in December 2017. Amazon Prime Air now refers to the company’s efforts to build a drone delivery network. As we have noted, it is not yet clear what caused the crash. The Federal Aviation Administration confirmed the accident in a statement, deferring the investigation to the National Transportation Safety Board, which said in a tweet that it has dispatched investigators to the crash site. Counting today’s plane, Amazon has 40 aircraft operating under the Amazon Air brand, serving some 23 airports in the U.S. One looming question is how and if today’s incident will impact Amazon’s bigger strategy with freight delivery. The company has been building its own network of cargo planes since 2015, a strategy that serves a couple of purposes. It gives Amazon more control (both in terms of scheduling and costs) over air-based logistics for the transport of goods that it sells; and it gives Amazon a shot at taking on some of the air shipping business that FedEx and UPS provide for other companies. Amazon Air has quietly but steadily grown over the years. Amazon currently has plans to add another 10 aircraft during 2019 and 2020, leasing them from Air Transport Services Group, an Atlas competitor. Notably, Amazon has stakes in both Atlas and ATSG as part of this bigger bet on taking on other larger cargo carriers with its own freight delivery service.