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Amazon’s $1.5 bn worth airport to house 100 cargo jets

Amazon's $1.5 bn worth airport to house 100 cargo jets
San Francisco, May 15 (IANS) In a bid to expand its airborne ambitions, e-commerce giant Amazon is investing $1.5 billion in building a three million square-foot Prime Air airport outside Cincinnati in Kentucky as a parking garage for a 100 cargo jets.

"We're investing $1.5 billion in our new air hub to get you your packages faster. Three million square feet, and it's going to create 2,000 jobs. And if you're guessing that driving a front loader was fun, you're right! #amazon #prime," Bezos tweeted on Tuesday.

Even as Amazon looks to add new regional Prime Air hubs in Texas and Ohio this year, it is clear the tech giant still has a lot of ground to make, TechCrunch reported.

As of now, the company does not even have that many jets, but the hub is intended to house the company's future grand logistics ambitions.

 

Amazon has a few dozen planes flying several hundred flights per week while UPS and Fedex have hundreds of planes flying thousands of flights, the report added.

With this announcement, Amazon seems to have launched a head-on competition with the likes of logistic majors like Fedex and UPS in the US.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Amazon's $1.5 bn worth airport to house 100 cargo jets

About Gopi Adusumilli

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc. He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources. When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any. He can be reached at gopi@socialnews.xyz

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