Wednesday, September 26, 2018

Air freight making inroads into India's e-commerce market

Road dominates India’s e-commerce market, but air freight is making inroads as Air India Cargo considers reintroducing full freighters for the first time since 2012.
Speaking to The Loadstar at Fiata’s World Congress in Delhi, the flag-carrier’s assistant manager of cargo sales, Nitin Kumar, confirmed it was reassessing its use of freighters.
“We are considering plans to launch domestic freighter services before looking to expand these operations to further destinations,” said Mr Kumar.
“These would likely be European destinations, but before any decision is confirmed we’d assess the demand.”
It is as yet unclear how they would be paid for, given Air India’s current financial situation. The government is considering a bailout for the carrier which has amassed debt of INR300bn ($4.15bn). It owes some $690m to fuel companies, according to the Economic Times.
While the airline is reportedly nearing the sale of its former headquarters in Mumbai, it is also looking at divesting some subsidiaries such as Alliance Air.
26/09/18 Alexander Whiteman/Loadstar

0 Comments: