Gopinath, GMR in express cargo hubs deal

Hyderabad: Deccan Express Logistics, founded by G R Gopinath, has entered into an agreement with GMR Hyderabad International Airport Ltd and Delhi International Airport Pvt Ltd (DIAL) for developing modern express cargo hubs in Hyderabad and Delhi.
The two standalone agreements are expected to become operational by January 1, 2009.
As per the agreement signed on Wednesday, Deccan Express will initially utilise the cargo terminal operated by Hyderabad Menzies Air Cargo Pvt Ltd.
Hyderabad Menzies is a joint venture between GMR Hyderabad International Airport and Menezies Aviation Plc. The venture will offer over 300 sq m within the domestic wing of the cargo terminal for the exclusive use of Deccan Express, which will develop the express cargo facility at the airport as a hub for its business in the central and southern regions of India.
Delhi International Airport will also offer over 2,000 sq m to Deccan Express at the Delhi airport for setting up of the facility. Deccan Express will develop the express cargo facility at the Delhi Airport as a hub for its business in northern India.
14/08/08 Daily News & Analysis

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Categories: Airports Aug 2008, Cargo Aug 2008, Deccan Aug 2008, New Aug 2008