Amazon may market excess air cargo space as demand eases - report
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Amazon (NASDAQ:AMZN) is looking to sell extra space on its cargo plans as the growth of ecommerce slows from the hyper-growth seen earlier in the pandemic, The Economic Times
reported, citing people familiar with the matter.
The ecommerce giant has in recent months hired executives with experience in marketing cargo space for airlines, the people said. The company (AMZN), which owns ~100 planes in the U.S. and Europe, hasn't changed its long-term plan for Amazon Air.

The push to optimize its capacity comes as consumers ease up on their online spending and fears of a recession rise with the Federal Reserve's aggressive rate-hiking campaign.
Air cargo demand slipped this year and is expected to drop again in 2023. Airline trade group IATA projects the sector will generate $149.4B of sales in 2023, about $52B less than this year, but $48.6B more than in 2019, The Economic Times said.
Earlier, Amazon (AMZN) Prime Air drone deliveries began in time for Christmas.