Air Cargo Carrier
INDUSTRY FACTSHEET :-Passenger airlines in the country, till recently, did not look at the cargo business seriously. The cargo division contributes only 5-10 per cent of their revenues. Most cargoes are transported in the belly of aircraft.
However, companies are now focusing more on the air cargo space, according to industry experts, as they are realising it has good margins.
“Though the passenger traffic has started picking up and the yields are improving, the reality still remains that Indian airline companies are sitting on huge losses. They need additional means to boost their revenues and that is the reason they are now looking at ground handling, cargo and maintenance.”
What India needs is “an integrated logistics approach that covers the first mile and last mile connectivity.” In terms of capacity, experts say there is enough in the country.
There is sufficient aircraft belly capacity which, if utilised efficiently, can make good business opportunity for the airlines.The Indian air cargo industry is still in a gestation period.
Other efforts to develop air cargo market include the increase of foreign direct investment in cargo and non-scheduled airlines to 74 per cent.
Plans are also on for developing Nagpur as a cargo hub through large-scale investments into MIHAN (Multimodal International Hub Airport) project.
According to E&Y, investments of more than Rs 900 crore have been planned for development and upgrade of cargo terminal facilities at the Mumbai and Delhi international airports.
Similar investments would be required for the facilities at Chennai, Kolkata, Hyderabad, Bangalore and other airports, the consultants says.
Keeping the above fact sheet in mind IndianAirCharters.com is uniting the various cargo operators under one roof to increase the connectivity between VARIOUS destinations and hence improve the Air Cargo business in India. Kindly provide us the following details so that we can get in touch with you whenever we get a deal throughout India.