Get Instant Loan up to ₹10 Lakh!
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
Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.