Mumbai: Blue Dart Express, the courier and package distribution company, which claims market leadership in the air cargo business with over 40 per cent share, has set its sights on leadership in the ground cargo business in India by 2015.
The organised air cargo segment in the country was estimated at Rs 1,481 crore in 2009. The ground cargo business in the same period was Rs 1,727 crore, of which Blue Dart claims a share of 8.5 per cent.
Cumulatively, the organised air and ground cargo and air freight businesses are estimated to have touched Rs 3,800 crore in 2010.
Blue Dart Express closed the year-ended December 2010 with revenues of Rs 1,148 crore, with around 95 per cent of its revenues coming from its B2B business.
The company, which operated with seven hubs for cargo handling in 2007, had grown to have 16 hubs at the end of 2010. By end-2011, it will have 20 such hubs in place. The hubs range between 30,000 and 1,00,000 sq. ft., with one in Bangalore being the largest at 2,50,000 sq. ft.
The company operates a fleet of seven freighters — three Boeing 737s and four Boeing 757s. Its flights take off and land at seven airports currently. The number is set to increase.
15/04/11 Gokul Krishnamurthy/Business Line
To Read the News in full at Source, Click the Headline
0 comments:
Post a Comment