Amazon plans more than 200 daily flights from new cargo hub
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SAN FRANCISCO] Amazon.com Inc plans to schedule more than 200 flight departures and landings per day at a US$1.49 billion cargo hub it is building near Cincinnati, the airport's chief said in an interview on Wednesday, in a sign of the soaring ambitions of the online retailer.
Amazon announced the airport project on Tuesday but gave few details.
The flight estimate offers new insight into Amazon's plan to handle shipping in-house, cut costs and speed packages to shoppers faster.
It is written in the lease term sheet that Amazon and the airport expect to sign, said Candace McGraw, chief executive of Cincinnati/Northern Kentucky International Airport.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
