New unit for cargo by AAI
Airports Authority of India has decided to start a different company to handle cargo. It has engaged RITES to help in the business model for smaller airports.
The Airports Authority of India (AAI) is planning to set up a company to handle cargo. AAI is betting on the growth of the air cargo movement, as India embarks on improving regional connectivity using smaller planes. It has engaged RITES, a state-run infrastructure consultant, to help with a business model for the new entity.
R K Srivastava, Chairman, AAI said, “The cargo business has not been attended to in the last 60-70 years. There are more opportunities in this business. RITES will submit the proposal and then we will decide upon the business model.”
AAI estimates passenger traffic to double to 380 million in seven years. This might also lead to an increase in cargo movement in smaller towns. The government plans to upgrade the 400-odd unused airstrips built in the early 20th century, during World War II, for regional connectivity.
The draft civil aviation policy identifies air cargo as a potential employment generator for semiskilled workers.
It constituted an Air Cargo Logistics Promotion Board (ACPLB) to promote air cargo by cost reduction, improved efficiency and better coordination between ministries such as Customs and Excise. The aim is to cut the time taken to move cargo from an airplane to truck by 2017.
“AAI would have to reorganise internally and upgrade manpower skills to meet the growth estimates once the new policy was implemented. The new policy was expected to be in place by April 2016,” adds Srivastava. award functions were held to honour and thank the stalwarts of the cargo industry for their excellent support to Cathay Pacific and Dragonair Cargo for 2014. Charlie StewartCox, General Manager - South Asia, Middle East & Africa, Anand Yedery, Regional Cargo Manager - added new destinations, improved our products and upgraded our fleet. This has put us in a stronger position in this ultra-competitive environment. Our trade partners have supported us wholeheartedly with various initiatives that we introduced such as the cutover to E-AWB.”