Global e-commerce giant Amazon is buying 11 Boeing aircraft from US airline Delta and Canada's WestJet to expand its cargo fleet.
The company said the 767-300 passenger planes will be converted into cargo units and join its Amazon Air network this year and next.
“Our goal is to continue delivering for customers across the US in the way that they expect from Amazon, and purchasing our own aircraft is a natural next step toward that goal,” said Sarah Rhoads, vice president of Amazon Global Air.
“Having a mix of both leased and owned aircraft in our growing fleet allows us to better manage our operations, which, in turn, helps us to keep pace with meeting our customer promises.”
The turmoil caused in the aviation industry by Covid-19 has also restricted cargo capacity, as there are fewer passenger planes carrying cargo within the belly of planes. Global capacity was 22.6 per cent lower year-on-year in October, the International Air Transport Association said last month, which was almost four times as large as the contraction in cargo demand.
Amazon said the planes it is adding to its network are aimed at "transporting items across longer distances in shorter time frames".
It is buying four planes from WestJet, which will join its network this year. The seven planes it is buying from Delta will enter service next year, the company said, adding that the fleet additions will ensure there is added capacity "for years to come".
The company said it would also continue to rely on third party carriers to operate its aircraft.
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UAE currency: the story behind the money in your pockets
'How To Build A Boat'
Jonathan Gornall, Simon & Schuster
UAE currency: the story behind the money in your pockets
If you go…
Emirates launched a new daily service to Mexico City this week, flying via Barcelona from Dh3,995.
Emirati citizens are among 67 nationalities who do not require a visa to Mexico. Entry is granted on arrival for stays of up to 180 days.
Day 1 results:
Open Men (bonus points in brackets)
New Zealand 125 (1) beat UAE 111 (3)
India 111 (4) beat Singapore 75 (0)
South Africa 66 (2) beat Sri Lanka 57 (2)
Australia 126 (4) beat Malaysia -16 (0)
Open Women
New Zealand 64 (2) beat South Africa 57 (2)
England 69 (3) beat UAE 63 (1)
Australia 124 (4) beat UAE 23 (0)
New Zealand 74 (2) beat England 55 (2)
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Company profile
Name: Tharb
Started: December 2016
Founder: Eisa Alsubousi
Based: Abu Dhabi
Sector: Luxury leather goods
Initial investment: Dh150,000 from personal savings