Air Deccan to offer low cost cargo service

Air Deccan has announced plans to replicate its ‘no-frills' air travel concept with a low cost cargo service.
Hoping to take advantage of its growing domestic network, Air Deccan has already approved a new subsidiary that would run the cargo service.
"We are actively strategising to begin low cost cargo operations with the conviction that transporting apples from Kashmir to Chennai at a lowest possible cost will give a much needed boost to our primary economy," according to an Air Deccan company statement.
Jude Fonsecus, formerly of FedEx, has been announced as CEO of the cargo venture, and is currently finalising the business plan and investment. The move comes on the back of encouragement from India's Civil Aviation Ministry towards the cargo business sector, having increased the foreign direct investment from 26% to 74%. The ministry has also estimated the country will need 500 dedicated cargo planes in ten year's time.
01/05/07 Alex Hawkes/ArabianBusiness.com, United Arab Emirates

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Categories: Air Deccan May 2007, Cargo May 2007, New May 2007