As Spicejet, an Indian low-cost carrier, begins to gear up for 737 freighter operations, India has come under scrutiny by the air cargo market.
IATA released figures yesterday showing that last year cargo volumes from India hit the million-tonne mark last year, year-on-year growth of nearly 17%.
India’s top air freight trading market is the UAE, which has a 30% share, followed by Qatar at 11%.
The highest rate of growth was to and from Ethiopia, which saw more than double the tonnage in 2017, year-on-year. Some 35 flights a week are permitted between the two countries, and Ethiopian Airlines last month announced its intention to expand its seven-year codeshare with Air India.
Mumbai and Chennai were among the world’s top 10 fastest-growing airports in freight terms, with 18.1% and 17.2% growth respectively, while Delhi and Mumbai are among the top 50 biggest freight airports.
India has, however, traditionally struggled with its own freighter operations. But, with its strength in two key air cargo markets – pharmaceuticals and e-commerce, combined with a greater ease of doing business in the country, the talk of freighters has re-surfaced.
With DHL’s Blue Dart currently the only domestic freighter operator (despite several near-approaches by Jet Airways), SpiceJet plans to enter the market within the next few weeks, according to local media.
05/09/18 Loadstar
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IATA released figures yesterday showing that last year cargo volumes from India hit the million-tonne mark last year, year-on-year growth of nearly 17%.
India’s top air freight trading market is the UAE, which has a 30% share, followed by Qatar at 11%.
The highest rate of growth was to and from Ethiopia, which saw more than double the tonnage in 2017, year-on-year. Some 35 flights a week are permitted between the two countries, and Ethiopian Airlines last month announced its intention to expand its seven-year codeshare with Air India.
Mumbai and Chennai were among the world’s top 10 fastest-growing airports in freight terms, with 18.1% and 17.2% growth respectively, while Delhi and Mumbai are among the top 50 biggest freight airports.
India has, however, traditionally struggled with its own freighter operations. But, with its strength in two key air cargo markets – pharmaceuticals and e-commerce, combined with a greater ease of doing business in the country, the talk of freighters has re-surfaced.
With DHL’s Blue Dart currently the only domestic freighter operator (despite several near-approaches by Jet Airways), SpiceJet plans to enter the market within the next few weeks, according to local media.
05/09/18 Loadstar
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