Sunday, February 12, 2012

New National Air Cargo Policy on the anvil

New Delhi: With air freight traffic in India projected to grow over five times in the next two decades, the government is giving shape to a new national air cargo policy on the basis of a roadmap which is being prepared by the Airports Authority of India to meet the situation.
Disclosing this, Civil Aviation Secretary Nasim Zaidi said a working group on air cargo, set up by the Civil Aviation Economic Advisory Council, was close to completing its report and a framework to address all the issues, taking into account the realities of the air cargo industry.
"That will form the basis of the national air cargo policy," he said recently.
While air cargo traffic in and out of India projected to grow over five times in 20 years, domestic traffic was projected to grow six times in this period. While Mumbai airport leads in air cargo operations, it is followed by Delhi and Chennai respectively.
Air cargo accounts for over 30 per cent of the merchandise trade in and out of the country, official estimates show.
12/02/12 ZeeNews
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