Love Maharashtra? Then you wil love Marathikatta!
Home Politics Religion Media Biz Society Tech Travel Books Intl. Autos Automobiles
                    Movies   Aviation   Pharma   About Us   Feedback   Links

Home Politics Religion Media Biz Society Tech Travel Books Intl. Autos Automobiles
                    Movies   Aviation   Pharma   About Us   Feedback   Links

Crescent Air Cargo to fly by April

There is a new cargo carrier on the horizon



March 24: When the domestic aviation sector hots up, can cargo carriers be far behind? The South-based Crescent Air Cargo Services Pvt Ltd, a new dedicated cargo airline company, is planning to take off by April-end. The company announced this at a press conference in Chennai on Wednesday.

Backed by three Fokker F50s, Crescent Air Cargo will operate in key domestic sectors like Chennai-Bangalore, Mumbai-Bangalore-Chennai, Chennai-Hyderabad-Chennai and Mumbai-Delhi-Mumbai sectors.

Promoted by a small team of entrepreneurs, the Rs 20-crore Crescent Air Cargo also has plans to add two more F50 planes and fly on the Chennai-Colombo and Chennai-Male sectors in May-June, said Captain Deepak Parasuraman, Crescent MD.

"We will be acquiring wide-bodied jets for the international operations within a year", he added.

In the first year of operations, Crescent Air Cargo is targeting a turnover of Rs 100 crore. "We plan to move 20,000 tonnes of cargo through 2,544 flights in the first year", he said. Crescent Air will fly courier cargo by night and high-value and perishable cargo by day.

Crescent Air Cargo is targeting Chinese and West Asian cargo markets and is operating feeder services for international carriers.

The company expects that operating a cargo service from Chennai to Colombo, the air freight for cargoes to European cities would be substantially lower than the freight charges from Mumbai. The company hopes to cash in on this.

Crescent Air Cargo has also tied up with Malaysian Airlines for providing IT assistance on a whole-time basis for flight operations and training of crew. For engineering support, the company has entered into a 'continued airworthiness support agreement', with Fokker Services Asia, Singapore.



Auto news for auto freaks!
DWS community! / Cricket blog


Latest Stories in Aviation


Virgin Atlantic Mumbai flights

Air India Express

Air One flies in May

New Air Deccan flights

Crescent Air Cargo in April

Air Arabia enters fare war

Go Air gets an expat chief

Kingfisher Airlines delayed

Airbus 380 wows the world

Jet Airways stock listing

Vijay Mallya's Kingfisher Airlines takes off in May


Latest Stories in Aviation




Latest updates    Contact Us - Feedback    About Us