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 Appeals for FBA Sellers: What Not to Do (Part 2)
Don’t send multiple letters after submitting the first appeal Once the first appeal has been submitted, it is best to wait up to a week before submitting any additional letters. The days of “12-24 hour” response times are long gone due to the volume of appeals that...
US-China trade war
Deal agreed to suspend new trade tariffs US President Donald Trump and his Chinese counterpart Xi Jinping have agreed to halt new trade tariffs for 90 days to allow for talks, reports BBC. At a post-G20 summit meeting in Buenos Aires, Mr Trump agreed not to boost...
Amazon tops the list of the most innovative companies
The most innovative company in 2018 Amazon spent nearly $23 billion on research and development in 2018 Amazon topped the list of 1,000 major global companies in terms of spending on research and development (R&D) over the past one year, with a spending of $22.6...
