News / As India's air cargo market starts to fly, carriers take a fresh look at freighters

© Denys Hedrovych

As Spicejet, an Indian low-cost carrier, begins to gear up for 737 freighter operations, India has come under scrutiny by the air cargo market.

IATA released figures yesterday showing that last year cargo volumes from India hit the million-tonne mark last year, year-on-year growth of nearly 17%.

India’s top air freight trading market is the UAE, which has a 30% share, followed by Qatar at 11%.

The highest rate of growth was to and from Ethiopia, which saw more than double the tonnage in 2017, year-on-year. Some ...