Amazon plans to have 70 planes in use by 2021, as it continues to expand its fleet. Today, Amazon has 39 aircraft in use as it continues to push the boundaries in delivery speed. By comparison, as of recent estimates UPS has 251 aircraft in their fleet and FedEx maintains 671.
Earlier this month, FedEx announced they would not be renewing their air cargo relationship with Amazon. In December of 2018, on the prospect of the Amazon threat to FedEx, Chief Executive Frederick Smith stated “I think the prospects that this company is going to be disrupted which just occurs over and over again, to quote a previous statement, is fantastical.”
Chris Walton is an accomplished Senior Executive with nearly 20 years of success within the retail and retail technology industries. He is well-versed in merchandising, store operations, inventory management, product design, forecasting, e-commerce, pricing and promotions, and tech product development.
Chris was most recently a Vice President with Target, where he led the retailer’s Store of the Future project and also ran the Target’s home furnishing division for e-commerce. He previously worked for GAP, Inc., as a Distribution Analyst and Manager.
Chris holds a BA in Economics and History from Stanford University, and a MBA from Harvard Business School.
He likes to dress as Darth Vader for Halloween, and his wife also frequently asks him to ask Alexa, "to turn off the music."