Page 27 - ITLN March - April 2022 issue
P. 27

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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        www.itln.in                                                                                 March - April 2022
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