Gemini carriers cut back loading allocations on challenging southern India trade
Southern India’s ocean trade continues to be a challenging market for both Maersk and Hapag-Lloyd, ...
Photo: IndiGo
IndiGo, India’s largest private airline, ended the just-concluded fiscal year 2023-24 on a strong note for its CarGo unit’s performance.
Combined revenue from bellyhold and freighter capacity for the fiscal year was up 7% year on year, with tonnage logging a double-digit-percentage increase of 17%, CarGo International CCO Mark Sutch told The Loadstar.
Mr Sutch believes the airline has an opportunity to expand its cargo market share as network capacity and trade volumes build.
“At present, we are aiming for a tonnage growth ...
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