Online retailer Amazon has formed an air cargo alliance with Patel Integrated Logistics to ensure next day delivery for wider range of customers in India. Amazon is in the process of extending its vendor base and identifying logistics providers in India, reports The Economic Times. Patel Logistics is securing exclusive tie-ups with airlines such as IndiGo, Jet Airways and SpiceJet to cope up with delivery of bulk Amazon goods, as online retail sales are expected to increase during … [Read more...] about Amazon forms cargo alliance with Patel in India
IndiGo
IndiGo Iinks US$2.6B aircraft finance deal
Indian low-cost airline IndiGo has signed a US$2.6 billion deal with Industrial and Commercial Bank of China Ltd (ICBC) for the lender to finance more than 30 new aircraft. The announcement comes on the day Chinese President Xi Jinping arrived in India, where the two countries are expected to sign trade and investment deals worth billions of dollars. Through this deal, ICBC will provide IndiGo with financing for the aircraft through either a sale and leaseback, financial lease or … [Read more...] about IndiGo Iinks US$2.6B aircraft finance deal
