JD Logistics to buy fleet of air cargo planes

China’s JD Logistics has become the latest major player in the country to get into air cargo as it announced plans to buy no fewer than 100 aircraft by 2030.

Up until now the logistics firm has been chartering aircraft on an as-needed basis. It already has Chinese authorities’ clearance to move into air cargo as a fleet owner. One of the major pressures to do this has been the log jams at seaports all over the world that has caused delays in moving its goods.

“Covid-19 has heavily impacted supply chain-related industries globally. We’ve seen the shortage of shipping resources and air freight resources,” Yu Ri, CEO of JD Logistics said.

Thanks in part due to the pandemic there has been strong growth in global e-commerce and this has created new opportunities, according to the CEO.

JD Logistics isn’t the first major logistics company to turn this way in recent months, with Alibaba’s Cainiao Smart Logistics recently announcing it would take a similar route around the snarl ups at seaports. Amazon is also rumoured to be looking at buying a fleet of used, long distance aircraft for moving parcels between China and the West.

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