Tuesday, May 09, 2006

Airlines plan to take off with cargo

Mumbai: Following the rapid growth of air cargo business, airlines including Jet Airways, Kingfisher Airlines and GoAir are planning to launch dedicated freighter planes while national carriers Air-India and Indian Airlines are in the process of ramping up their cargo operations in a phased manner.
Indian Airlines is planning to convert five of their Boeing 737s into freighter aircraft. The airline would use Nagpur airport as hub to offer express and retail courier services.
Air-India is also planning to expand its cargo operations in a phased manner over the next two years.
Jet Airways has already initiated a detailed market study for launching a cargo airline and is in talks with leading players for the proposed venture.
GoAir MD Jeh Wadia said that currently the carrier is focussing on ferrying more cargo in its aircraft and that the airline would launch a dedicated cargo airline wing with a partner.
Vijay Mallya-promoted Kingfisher Airlines is also exploring the possibilities of starting a dedicated cargo wing, KingCargo.
09/05/06 P R Sanjai/Business Standard