Tuesday, June 06, 2006

A-I to fly with Falcon for cargo

Mumbai:Air-India is planning to ink a deal with West Asian freight forwarding company Falcon Group for carrying cargo to destinations in the Gulf and Europe.
This is the first-of-its-kind arrangement between the national carrier and a freight forwarding agency.
‘Cargo movement in the country is growing. However, we have not been able to take benefit of this growing demand due to lack of capacity. In order to offset this, we are in talks with a freight-forwarding company to buy space for 75 tonnes cargo/week on the India-Gulf route and 100 tonnes of cargo/week on the India-Germany route,’’ a senior Air-India official said here today.
The tie-up between Air-India and Falcon Freight Group is likely to be signed in a month’s time.
05/06/06 Zeeshan Shaikh/Indian Express