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Amazon expands air cargo service to India even as company cuts costs - TL;DR CNBC

Amazon expands air cargo service to India even as company cuts costs

Publishing timestamp: 2023-01-23 19:34:36


Summary

Amazon is launching its Amazon Air cargo service in India, its first market in Asia. The service will enable faster deliveries to customers in India and is part of CEO Andy Jassy's plan to cut costs elsewhere in the company. Amazon Air has previously launched in the US and Europe, and India is its third market.


Sentiment: POSITIVE

Tickers: AMZN,  BA, 

Keywords: internet,  boeing co,  technology,  business news,  asia economy,  india,  amazon.com inc,  cargo airlines, 

Source: https://www.cnbc.com/2023/01/23/amazon-air-cargo-service-launches-in-india.html


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