Air India To Separate Freight Operations By April

By April the airfreight arm of Air India will be run as a separate entity. Shipping cargo represented around 8% of Air India’s turnover last year but the company recently suspended its freight services to Europe and Japan as it found them unprofitable. Other carriers filled the gap but Air India believes that an aggressive cargo only campaign can regain the markets and say they will operate services again this year.
Air India has been subject of much speculation as to its future. The Government has long felt it could not allow the airline to fail and appointed the State Bank of India to review the carrier’s future in July last year. This separation of services is likely to be a direct result of the Banks Capital Markets division investigation and recommendations.
02/02/10 Handy Shipping Guide

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Categories: Cargo Feb 2010, NACIL Feb 2010