Active Stocks
Tue May 28 2024 15:59:27
  1. Tata Steel share price
  2. 174.85 -0.37%
  1. HDFC Bank share price
  2. 1,530.50 0.17%
  1. ITC share price
  2. 428.90 -0.60%
  1. State Bank Of India share price
  2. 830.90 -0.38%
  1. Infosys share price
  2. 1,466.20 -0.37%
Business News/ News / India/  Amazon begins air freight services in India, first outside US and Europe
BackBack

Amazon begins air freight services in India, first outside US and Europe

Amazon will use cargo capacity in a Boeing 737-800 aircraft operated by partner Quikjet Cargo Airlines Pvt to begin shipments in Hyderabad, Bangalore, New Delhi and Mumbai,

Amazon is trying to sell unused space in its cargo jets, as it adjusts to a post-pandemic slowdown that has forced it to cut 12,000 employees, or about 6% of its workforce. Premium
Amazon is trying to sell unused space in its cargo jets, as it adjusts to a post-pandemic slowdown that has forced it to cut 12,000 employees, or about 6% of its workforce.

Amazon.com Inc. is beginning air freight services in India, expanding in Asia even as global online sales growth stalls following a pandemic-era boom.

The e-commerce retail giant will use cargo capacity in a Boeing 737-800 aircraft operated by partner Quikjet Cargo Airlines Pvt to begin shipments in Hyderabad, Bangalore, New Delhi and Mumbai, said Akhil Saxena, a vice president of customer fulfillment.

India is the third market, after the United States and Europe, where the company has launched Amazon Air. The Seattle-headquartered firm, which started the service in 2016 in the U.S., operates a network of over 110 jets that fly to over 70 locations worldwide

Amazon is trying to sell unused space in its cargo jets, as it adjusts to a post-pandemic slowdown that has forced it to cut 12,000 employees, or about 6% of its workforce.

Amazon has tied up with Quikjet Cargo Airline Private Ltd, a Bengaluru-based freight carrier, which will use a lone Boeing 737-800 jet to fly shipments, the company said in a statement.

Quikjet will transport Amazon customer shipments to Hyderabad, Bengaluru, Delhi, and Mumbai, Amazon said in a press release.

Amazon began its air cargo service in 2016, in what was soon seen as a challenge to United Parcel Service Inc. and FedEx Corp. Amazon Air operates out of small regional airports close to its warehouses, helping the company meet orders for one- and two-day delivery.

*With agency inputs

 

You are on Mint! India's #1 news destination (Source: Press Gazette). To learn more about our business coverage and market insights Click Here!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 23 Jan 2023, 12:51 PM IST
Next Story footLogo
Recommended For You