Page 27 - ITLN March - April 2022 issue

We've been giving them a lot of business. We are focusing on large companies looking at collaborating and setting up
The Tatas will have almost 30 percent like JioMart, to help them move goods, our own cargo airline in the next four to
share in the total Indian aviation market where they have the B2B businesses. six months. Our plans have been pushed
because of all their products in Vistara We don't focus on any B2C, it's only forward because there's a new variant.
and Air Asia. That’s a huge thing. B2B. For example, we have an exclusive The biggest routes for us would be the
They will lead the market going deal with a company called Fraazo, US, Europe, UK, UAE some points in the
forward and that is very good for us where we are doing the logistics of Far East, China, Hong Kong, and Africa.
because we need capacity. We got supplying them with two and three-
so much cargo but we don't have the wheeler electric bikes. What are the types of aircraft that you
capacity today. would like to have?
With Akasa Air, the aircraft types Give me an idea if there is a change We are looking at Boeing 777s and 747s
are going to be small. So the capacity in the mix of the cargo categories you
for cargo will be limited. But we use handle after Covid-19? How about your financials.
smaller aircraft of SpiceJet, Indigo even I wouldn't say the mix changed, but the The company has grown by 30 percent
today. So for us, it's only going to be location changed. Mumbai used to send year on year, and profitability is almost
more capacity. a lot of agri products before but because doubling. And we see even a similar thing
Internationally, these airlines are the prices in Mumbai went up, a lot of it happening by the end of March 31, 2022.
mainly going to the East and US, and moved to Ahmedabad, Lucknow, Kerala, Our aim is to see that we at least do 30
Europe. For example, recently Air and even Bangalore. percent growth year on year. Because of
India started a twice-a-week flight to The government of India is trying very us coming in the mainboard, there are a
Frankfurt from Mumbai. So, they are hard to see that a lot of new products few JVs that we are working on, that will
increasing the number of aircraft and are exported and as a result, we are help us increase to almost 50 percent
the number of routes. They have big seeing a lot of new products. Like growth year on year, if not more.
plans for the US because we have a something I never did maybe five or four
very small share of that market and the years back was mobile phones. Now
market is huge. If you have passengers we're doing a huge amount of mobile
travelling, not only into main places like phones out of India by air. Garments
New York but even smaller places like exports have also increased. I'm pretty
Washington, we will be moving cargo to positive that even more products
those smaller places more often. coming in as time goes by.

Are you looking into the US as a Where these agri produce from India
market where you can expand your are going?
business? UAE is one of the biggest markets for
Yes, I was in New York last week of agri produce. A huge volume of agri
November and early December of 2021 goes from India to the entire Gulf,
and my plan was to set up an office there Middle East countries. The highest
because our business with the US has volume goes wherever there's an
increased. We are going to have our own Indian population out of India. So UK,
office in the next couple of months. We Singapore, US, Europe.
have already done all the groundwork
and homework. The office will be on the Can we expect any big
East Coast either near JFK Airport or announcement from Jet
EWR Airport or New Jersey. Freight this year?
We have now got our
How big is Jet Freight? own cargo airline
Before Covid, we used to handle 200 license. So we are
tonnes of air freight every day. Now, we
are close to 100-120 tonnes every day,
but that's a very large volume. We are
present in all the major airports within
India, wherever international flights are
landing. We have big plans for every
new upcoming airport with international
loads potential.

What do you want to do in the Indian
domestic logistics market?

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