Amazon will probably have its own airline soon
Amazon’s aircraft fleet is going to double in size in the coming months, potentially expanding into an airline and hauling third-party shipments.
Amazon’s air cargo fleet is a critical part of the company’s strategy to meet its increasingly ambitious one- and two-day delivery targets. By the end of 2022, Amazon will have a fleet of 85 planes, reports CNBC.
Analysts believe Amazon’s growth trajectory could set it on a collision course with major shippers, including Fedex and UPS. Morgan Stanley has recently predicted that Amazon will launch a third-party delivery service in the U.S. once the pandemic eases.
But even as it awaits its moment to level up in the cargo industry, Amazon appears to already have its eyes on an even bigger prize, writes Gizmodo. Joseph Schwieterman, director of the Chaddick Institute, told CNBC that the company’s recent decision to cut ties with outside contractors and bring its air cargo operations entirely in-house could signal an eventual ambition to significantly expand Amazon Air into something resembling an airline.
More Amazon news
Amazon is coming to Israel
Amazon to Launch in Israel in September Amazon has set its launch in Israel for September. Israeli Amazon retailers received notice of the planned launch earlier this week. Amazon is set to release a large campaign to increase awareness among Israelis,...
Amazon updates suspension policy for third-party sellers
New seller terms worldwide after German antitrust action Amazon made sweeping changes to its suspension policy for third-party sellers this week, following an intervention by Germany’s Federal Cartel Office. As part of a settlement it reached with German...
Amazon satellite project is a ”$100 billion opportunity”
Amazon plans to launch thousands of Internet satellites Amazon is looking to expand its empire and Morgan Stanley believes Jeff Bezos’ ambitious satellite internet plan may become one of its most lucrative businesses. Called Project Kuiper, Amazon aims to...
