Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Instagram Outage Disrupts Thousands of U.S. Users 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Amazon Inc. announces the launch of its air cargo service in India as its online sales increase. The e-commerce firm started its full-time air cargo service, which it officially named Amazon Air, on Monday, Jan. 23.
Amazon Air is said to be an expansion of the company’s delivery services in India, where it was launched in four major cities across the country. It was noted that even if Jeff Bezos’ company has been trying its best to cut costs, it has invested in opening its own air cargo. Then again, the exact amount of investment for this venture was not disclosed.
One of the goals for the introduction of Amazon Air is to bolster its delivery capabilities and output in the region considered one of the largest markets in the world. This will also speed up deliveries across the country, and faster transportation could be its advantage over its rivals, such as the Walmart-woned Flipkart.
The new air cargo service will be solely operated by Quickjet Cargo Airline Private Ltd., a third-party Indian cargo carrier, as per Reuters. Amazon’s cargo fleet is expected to transport various products across four of the biggest Indian cities.
The company will use two Boeing 737-800 aircraft, which will be flown by Quikjet. The packages are set to be shipped to Delhi, Hyderabad, Mumbai, and Bengaluru. For its ground deliveries in the region, Amazon has partnered with Blue Dart Express Ltd. and Deutsche Post DHL Group.
Amazon on Monday announced it’s bringing its air cargo operations to India, marking fresh growth for the company’s logistics arm even as it looks to cut costs in other divisions.
“We are thrilled to launch Amazon Air in India to ensure we can provide our growing customer base with great selection, low prices, and faster deliveries,” Amazon Global Air’s vice president, Sarah Rhoads, said in a statement. “This announcement reaffirms Amazon’s commitment to invest in India’s logistical infrastructure, create more jobs in the local economy, and introduce newer capabilities to power our delivery network.”
