Tuesday, October 24, 2006

Indian Airlines to hive off cargo arm

New Delhi: The proposed cargo operations of state-run Indian Airlines will be hived off into a separate company after the merger between Indian Airlines and Air-India.
The cargo operations, which are being finalised, will operate as a division of Indian Airlines in the interim.
The government had approved in principle Indian Airlines’ plans to set up the cargo operations.
As a start, Indian Airlines will convert five Boeing 737 aircraft into freighter aircraft. The five aircraft are now flown by Indian Airlines’ subsidiary, Alliance Air. Indian Airlines executives said the process of converting the passenger aircraft into freighters would start soon and it had floated an international tender for this.
It has also been decided that Air-India will operate dedicated freighters on key cargo routes to Europe, the US, Japan, Singapore and China.
24/10/06 Bipin Chandran/Business Standard