Wednesday, January 24, 2018

CSC wins cargo handling concession to develop facilities at CSIA airport

CSC- in a joint venture with SATS, has been recently awarded a cargo handling concession for designing, developing, operating and managing the international cargo facilities at Chhatrapati Shivaji International Airport in Mumbai.

According to reports, in the joint venture company-Mumbai Cargo Service Center Airport Private Limited, CSC holds 51 percent stake, rest 49 percent by SATS. The concession will commence in April 2018 till 2036.

CSC, which has been providing its services since 1995, is currently the country's largest air cargo facility handling services company. CSC operates and manages air cargo handling facilities in Mumbai, Delhi, Ahmedabad, Aurangabad, and Mangalore airports. Besides, it handles over six lakh tonnes of cargo every year across various airports of the country.

With this acquisition, CSC group is expected to handle over ten lakh tonnes of cargo per annum across various airports of the country. Earlier, CSC has also been awarded a concession to expand and operate the existing cold chain temperature controlled cargo terminal at CSIA Airport Mumbai till 2036.
24/01/18 Stat Trade Times