Monday, June 02, 2008

Speed Post services to improve; India Post to acquire 4 aircraft

New Delhi: Faced with stiff and growing competition from private courier services, India Post plans to induct four freighter aircraft by the year-end for faster delivery of Speed Post services to major cities across the country.
Top officials of India Post told UNI that they are negotiating with Air India the lease of four aircraft in the Boeing series.
The service will benefit all agencies and sectors associated with mail, express, parcels and logistics. The Department is seeking the comments and approval of various Ministries before the proposal goes before the Cabinet.
These include the Finance Ministry and External Affairs Ministry as well as the Planning Commission. Air India offers seven Boeing aircraft for purposes of lease.
The sources said if for some reason or other the deal with Air India does not come through, then it will knock the doors of other leasing agencies.
The officials were hopeful that the entire process will be completed by December-end. The cities where the new aircraft service will be deployed include Delhi, Mumbai, Kolkata, Chennai, Hyderabad and Bangalore.
02/06/08 UNI/Deccan Herald
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