FOREIGN AIRLINES CARRY A WHOPPING 82 PER CENT OF INDIA’S AIR CARGO TRAFFIC, WHICH IS PROJECTED TO GROW AT 10-12 PER CENT RATE OVER THE NEXT FIVE YEARS.
Image : Zee News
New Delhi,India : Foreign airlines carry a whopping 82 per cent of India’s air cargo traffic, which is projected to grow at 10-12 per cent rate over the next five years.
Official figures showed foreign carriers flew out 83.1 per cent of international cargo from India in 2009-10, 83.7 per cent in 2010-11 and 82.5 per cent in 2011-12.
Indian carriers marginally increased their presence in this area raising their cargo carriage vis-a-vis their foreign competitors from 16.9 and 16.3 per cent in 2009-10 and 2010-11 to 17.5 per cent in 2011-12, the data showed.
The percentage share of domestic cargo carried by all the private carriers put together was 79.8, 81.4 and 83.8 per cent during the same period, as Air India’s share declined from 20.2, 18.6 and 16.2 per cent.
Expressing concern that almost the entire chunk of international air cargo from India were being carried by foreign carriers, official sources said while most airlines carried cargo in aircraft bellies, there was negligible presence of dedicated cargo airlines in the country.
09/09/2012 : PTI / The Hindu Business Line.
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