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Amazon's Prime Air Plane Crashes in Miami, Killing Five

Guavy AI Editorial Team
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AMZN BA
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Amazon's Prime Air Boeing 767, operated by a contractor, overran a Miami runway on Sunday, striking ground vehicles and leaving at least five people dead and five injured. The incident is being investigated by the National Transportation Safety Board.

The disruption caused by the crash rippled through Miami International Airport, with more than 160 flights canceled and nearly 325 delayed. Amazon's air network operates over 250 daily flights using partner-flown aircraft.

Despite the severity of the incident, Amazon's shares have not taken a significant hit, trading at $258.51, which is only 4.32% above its GF Value estimate of $247.80.

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