Amazon is set for expanding its business in the coming spring and to double in size between Might 2020 and June of this 12 months, laying the additional groundwork for Amazon Air to rival the likes of carriers FedEx and UPS, in keeping with research.
The airline currently has 10 planes registered for it that aren’t presently flying, some of which need to be converted to freighters. There are also four more slated to join the fleet soon. Amazon currently makes a total of 140 flights per day ay and is increasing its fleet, signaling a “progress spurt this spring,” mentioned the report issued Tuesday by DePaul College’s Chaddick Institute for Metropolitan Growth. “As new airplanes are added to the fleet, we anticipate the variety of flights will develop to 160+ by June 2021,” in keeping with the report. “If it reaches this milestone, Amazon Air could have roughly doubled in dimension within the 13 months between Might 2020 and June 2021.”
According to a study by DePaul Univerisity’s Chaddick Institute for Metropolitan Development, Amazon Air will see its number of flights grow to over 160 by June, which would represent a doubling since May of last year. Between early September 2020 and February 2021, Amazon Air expanded its in-service fleet of registered planes from 52 to 59, a 13.5 percent increase, and the total fleet of registered planes from 56 to 68, a 21.4 percent increase.
Amazon’s air cargo fleet is a crucial part of the corporate’s technique to fulfill its more and more two-day supply targets. The corporate quietly started testing out air cargo operations in Wilmington, Ohio, in 2015 as a part of an undertaking below the code name “Aerosmith.” Since then, Amazon Air has grown quickly, significantly in the course of the coronavirus pandemic.
When the 11 Boeing jets are in service by the top of 2022, Amazon could have a fleet of greater than 85 planes. That is a far cry from FedEx, which has 679 planes, and UPS‘ fleet of 572 owned, leased, or chartered planes. Although it’s difficult to get an accurate read on the size of Amazon Air’s fleet because of the lack of disclosures from the company, and some analysts have noted that there’s a large amount of cargo moving on planes not registered to Amazon Air, specifically with routes going outside the U.S. The company has said it had 81 planes total.
Nonetheless, analysts believe Amazon’s progress trajectory may set it on a collision course with main shippers. Morgan Stanley has predicted Amazon could potentially leverage its end-to-end logistics operations to supply companies to outdoor events as quickly as this 12 months.