Tuesday, March 21, 2006

Cathay Pacific plans logistics JV

Mumbai: The Hong Kong-based airlines Cathay Pacific will soon form a joint venture with an Indian logistics major to set up a trucking network here.
The proposed arrangement will connect Cathay Pacific’s existing cargo hubs, Mumbai and Delhi. Rupert Bray, Cathay Pacific country manager (India, Nepal & Bangladesh), confirmed that the airlines is in talks with a leading logistics company and will make a formal announcement soon. However, Bray declined to divulge further details of the deal.
“The objective behind launching a trucking network is to connect all other key destinations to Mumbai and Delhi, where we operate our dedicated freighters,” Bray said.
21/03/06 P R Sanjai/Business Standard
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