1. Air India Ltd., India’s biggest overseas carrier, will start dedicated cargo flights from June with Airbus SAS A310 planes as demand for transporting freight gains in the world's second-fastest growing major economy.
2. It will convert all eight A310 passenger planes it owns into freighters in the next three years. Each conversion will cost about $6 million, he said. The carrier's 11 other A310 planes are leased.
3. It will start dedicated freighter services to the Gulf, Europe and the Far East with these aircraft. In future it will start freighter services to the U.S. after it gets more aircraft.''
4. Last year it ordered 50 planes for itself and 18 for low-fare unit Air India Express a $7 billion order.
Rising exports of leather, fruits and flowers and growing imports of technology equipment are increasing demand for air cargo capacity in Asia's fourth-biggest economy.
What if export volumes are larger than imports ... or vice versa?
Will it be prepared to face or overcome predominantly one way hauls?
Or will its operation be too small to encounter such troubles?
[Click here for full story at: BLOOMBERG.COM]
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