Page 33 - ITLN November - December 2023 for the magzter

News

Vaayu to buy stake in AerCap delivers its first
A321P2F aircraft to IndiGo
Pradhaan Air Express

as Al Khaimah-based show at the Dubai Airshow.
RVaayu Group has signed an Pradhaan leased this aircraft
agreement to be a strategic from Vaayu last year, and has
investor in New Delhi-based been in commercial service
Pradhaan Air Express. since October 2022."
The agreement was Emad Al Monayea, chairman
announced on the sidelines and president, Vaayu Group YSE-listed AerCap Holdings delivered
of the Dubai Airshow 2023. It says: “Vaayu’s vision is to Nits first Airbus A321 Passenger-to-
not only opens up business become a significant player Freighter (P2F) aircraft to IndiGo.
opportunities in the Middle in the air cargo space in the The aircraft conversion was completed
East for Pradhaan Air Express, years to come. This move with by Elbe Flugzeugwerke (EFW) before being
but the agreement has also Pradhaan is quite strategic delivered to IndiGo at ST Engineering
revealed Vaayu’s commitment considering the opportunities Aerospace in Singapore, says a release
in reinforcing the business. it presents between the two from AerCap.
"The world’s first A320P2F regions. We are quite hopeful "We are delighted to celebrate the
aircraft, which is operated by that we are flying in the delivery of AerCap's first A321 Passenger-
Pradhaan Air Express, is on right direction.” to-Freighter aircraft with our long standing
customer IndiGo," says Rich Greener,
head, AerCap Cargo.
"The A321P2F is a best-in-class
narrowbody freighter solution, offering
superior economics in terms of fuel-
efficiency and flexibility to meet the growing
demand of cargo operators. We wish IndiGo
every success as they expand their fleet
to meet their customers' freighter needs,
and we thank the EFW and ST Engineering
Aerospace teams for their support with this
conversion programme."

GMR Hyd Air Cargo inaugurates

courier terminal for import shipments

MR Hyderabad Air Cargo courier import consignments, says
G(GHAC) announced the an official release.
launch of an import courier “We drive our business with an
terminal to facilitate faster unwavering commitment to growth
processing and import clearance and excellence," says Pradeep
of courier import cargo. Spread Panicker, CEO, GHIAL. "This new
across 300 sq.m, the 24x7 import facility is a testament to our belief
handling facility is located at in providing world-class logistic
GHAC terminal premises. solutions to our customers. It will
The facility is well equipped with not only accelerate and improve
world-class security screening and our services but will drive our
state-of-the-art cargo handling cargo business forward with
systems, and has dedicated custom a competitive edge in the
officers to ensure a seamless industry and enhance air cargo
process and quicker turnaround of services globally.”
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