JD Logistics eyes a fleet of 100 freighters

Source: JD.Com

JD Logistics, the logistics arm of Chinese e-commerce firm JD.Com, is hoping to operate a fleet of 100 freighter aircraft by 2030.

In an interview with Bloomberg, Yui Yu, chief executive of Logistics, said that the company is considering both purchasing and leasing aircraft.

The company has recently been awarded approval from the Civil Aviation Administration of China to operate its own airfreight business, he said.

“By 2030, it won’t be less than 100 planes,” Yu said.

Yu added that the current supply chain issues caused by Covid-related capacity shortages would only have a short-term impact on the market and that trade flows will return to normal.

Elsewhere, he said the company will invest in automated warehouses in Europe and the US to meet demand in China.

The company will also consider M&A in logistics companies if the right opportunity presents itself, he added.

Over the last few months, JD Logistics has expanded its air cargo charter operations, adding flights to the UK as well as to the US earlier this year.

It also launched flights to Thailand in May.

JD.Com is not the only e-commerce firm looking to expand its airfreight operations, earlier this week Air Cargo News reported that Amazon is also considering adding intercontinental flights to its network.

JD.com expands freighter operations with Heathrow flights

JD adds first China-US cargo flights

JD Logistics adds Bangkok freighter flights

New China-based cargo carrier linked to JD.com prepares for launch

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Damian Brett

Damian Brett
I have been writing about the freight and logistics industry since 2007 when I joined International Freighting Weekly to cover the shipping sector.After a stint in PR, I have gone on to work for Containerisation International and Lloyds List - where I was editor of container shipping - before joining Air Cargo News in 2015.Contact me on [email protected]