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As India’s population is poised to overtake China, the Amazon is showing signs of the rupee…
Amazon announced Monday that it will launch its air freight business, Amazon Air, in India, becoming the country’s first e-commerce company to have its own “dedicated air freight network.”
Amazon’s air freight business first started in 2016, but a former employee told Wired that its roots go back to 2014. As of December 2022, Amazon’s fleet is operating more than 200 flights per day, and the breakneck speed with which the company launched its air cargo business is typical of Amazon. summer.
India is an important market for Amazon, but Big Tech Goliath isn’t the only show in town. Its fierce e-commerce rival is his Flipkart, which historically has a large market share and happens to be backed by Walmart. Using aircraft to transport cargo across vast swaths of India gives Amazon a speed advantage.
- Amazon said it has partnered with local airline Quikjet to operate flights between cities such as Hyderabad, Bangalore, Delhi and Mumbai.
- Amazon Air already has operations in the US and Europe, with India being its third largest market.Amazon didn’t disclose how much it spent priming But given that planes are expensive and the company is currently undergoing historic cost-cutting, we bet you’re confident the bet will pay off.
Flying on Sunshine: In other aviation news, Airbus is entering the telecommunications business. A French airline hired Morgan Stanley to help spin off a program to build solar-powered drones. The idea is that the drones will fly much higher than commercial aircraft fly, acting like satellites. very in space. It’s an exciting concept, but something needs to be done by Airbus before drones can be permanently installed in our skies. The last drone crashed after 64 days of continuous flight. Heartbreakingly, the drone was just hours away from breaking the world record for flight endurance. Good luck next time, little man.