AAI launches air cargo, lo­gis­tics sub­sidiary

Cre­at­ing AAICLAS by AAI could bring mul­ti­ple ad­van­tages as there are lot of ac­tiv­i­ties on the cargo front from the AAI in the pe­riod ahead. The new sub­sidiary has an equity base of `20 crore.

Cargo Talk - - Aviation - CT BU­REAU

Air­ports Au­thor­ity of In­dia (AAI) has launched an air cargo and lo­gis­tics sub­sidiary AAI Cargo Lo­gis­tics & Al­lied Ser­vices (AAICLAS). The com­pany is an in­de­pen­dent cargo sub­sidiary com­pany by cor­po­rati­sa­tion of AAI’s cargo de­part­ment. Ashok Ga­jap­athi Raju, Union Min­is­ter of Civil Avi­a­tion, Gov­ern­ment of In­dia did the launch. Neera Rawat has been ap­pointed as the Man­ag­ing Di­rec­tor of the sub­sidiary and BK Mehro­tra would be Chief Ex­ec­u­tive Of­fi­cer. “The vi­sion of the com­pany is to be­come the fore­most in­te­grated lo­gis­tics net­work op­er­a­tor in In­dia with pri­mary fo­cus on air cargo han­dling and al­lied ser­vices,” in­forms Gu­ruprasad Mo­ha­p­a­tra, Chair­man, AAI.

This new sub­sidiary will be al­lowed to de­velop its own dis­tinct cul­ture, or­gan­i­sa­tion struc­ture and busi­ness model while at the same time draw upon the strength of its large patent or­gan­i­sa­tion, AAI.

“It would be cov­er­ing all the en­tire gamut of cargo and air cargo han­dling and re­lated value added ser­vices in­clud­ing ground han­dling ser­vices and se­cu­rity ser­vices for se­cur­ing of cargo,” he added.

Raju said that mak­ing In­dia a world class des­ti­na­tion in cargo and lo­gis­tics ser­vices is his dream. “Cargo some­how has not reached its po­ten­tial in our coun­try. With the launch of AAICLAS today, we are a step closer,” he added. Par­tic­i­pat­ing at the launch cer­e­mony, R N Choubey, Civil Avi­a­tion Sec­re­tary said AAICLAS ex­pects to have “an

`380 an­nual turnover of crore in two years’ time.”

Mo­ha­p­a­tra also noted that the com­pany would en­ter strate­gic part­ner­ships based on busi­ness de­mand at air­ports within the coun­try or abroad.

Neera Rawat, Man­ag­ing Di­rec­tor, AAICLAS, said, “De­spite hav­ing nu­mer­ous chal­lenges, a fine bal­ance would be achieved with this ini­tia­tive.”

With the for­ma­tion of this sub­sidiary, AAI would fo­cus its at­ten­tion on cap­tur­ing the en­tire value chain in AAI air­ports and pro­vide ease of do­ing busi­ness to the im­porters and ex­porters of the states.

The new sub­sidiary will be al­lowed to de­velop its own dis­tinct cul­ture, or­gan­i­sa­tion struc­ture and busi­ness model

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