What: the online giant buys its own air fleet to deal with deliveries

Why it is important: in a time where many sectors, including retail and travels, have been severely hit by the crisis, online retailers are soaring

Amazon is buying 11 used Boeing 767-300 jets to support its rapidly expanding air cargo operation. This is the first time the pure player is buying planes, instead of leasing them. It is a response to the major demand for cargo carriers and fast deliveries that increased during the pandemic.

Amazon had already been growing its air cargo fleet through leases in order to support fast delivery, especially Prime services. Such services became even more popular during the pandemic.

Amazon will be buying jets from Delta and WestJet, which have also suffered the lack of travels this past year and are trying to cut costs.

Amazon Buys First Aircraft From Delta And WestJet In Bid To Speed Up Deliveries