INDIA: Indian air cargo market picking up steam

India’s recovery from the global economic slowdown is rapidly picking up pace, with domestic air freight growing in double digits year-on-year since May, compared with a contraction between October last year and March, according to data released by the Airports Authority of India (AAI). Overseas freight has also started growing marginally since August. The AAI […]


India’s recovery from the global economic slowdown is rapidly picking up pace, with domestic air freight growing in double digits year-on-year since May, compared with a contraction between October last year and March, according to data released by the Airports Authority of India (AAI). Overseas freight has also started growing marginally since August. The AAI expects local cargo movement to grow by 5 per cent in the year to March and overseas cargo by two per cent.

The buoyant Indian air cargo market will see at least one carrier taking off within the next six months and another expanding its operations.

Aryan Cargo Express Pvt. Ltd is likely to start flying early next year in time for the February/March peak season for air cargo in India.

Aryan Cargo will initially fly to Bangkok and Sharjah from New Delhi and expand from the next fiscal year starting 1 April. The carrier has applied to lease two more A310 aircraft from the National Aviation Co. of India Ltd-run Air India, according to Indian media reports.

Currently, Air India operates four Airbus A310 freighters and six Boeing 737s from its cargo hub at Nagpur. The state-owned carrier had in September pulled its lone international cargo service connecting Chennai and Mumbai to Frankfurt.