Tuesday, August 21, 2007

Air India set to ramp up cargo operations worldwide

Mumbai: Post its merger with Indian Airlines, Air India, the merged entity, is keen to expand its cargo operations worldwide.
Currently, it has a cargo network in 13 domestic destinations and after recently launching a cargo service to Europe, the airline aims to expand its wings to more promising markets.
The airline is estimated to generate a revenue of nearly Rs 700 crore in the 2007-08 fiscal from cargo operations alone.
Says V Thulasidas, CMD, Air India, “My team is studying various markets like China and Japan for enhancing our cargo network.”
However, at present, an Airbus 310 has been converted into a freighter aircraft, which makes four trips a week via Bangalore and Chennai to Frankfurt and Paris.
Currently, the cargo division contributes 8-10% of the total revenues of Air India and by enhancing its network to other destinations in the Middle-East and the UK, the contribution of the cargo division will account for nearly 50% of the total revenues.
20/07/08 Shaheen Mansuri/Financial Express
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