Managing Director, Blue Dart Aviation
The first trend that has been noticed over the years is the completely divergent growth of the passenger segment and the cargo airline segment. The passenger airlines are driven by the low fare and low cost segment and according to the Boeing current market outlook, it actually quadrupled since 2000. However, in the cargo segment whether in US, Europe or Asia-Pacific, it is driven by the premium cargo express segment rather than lower cost belly-hold capacity.
Both passenger and cargo airlines have distinct and different requirements and they need to be treated as such. Hence, airport operators must plan their infrastructure accordingly. Freighters are essential to trade to deliver speed and reliability. Around 90 per cent of world’s freighters are utilised by air express operators. If we look at the economic indicators, India is very strong and strategically positioned in a growing region. ‘Make in India’ and Ease of Doing Business mission, if driven correctly could make a difference.
The draft civil aviation policy must include a vision for air cargo. India’s domestic consumption requires a strong domestic air cargo network.