‘Asian markets record stable cargo volumes growth’

Air cargo is witnessing growth but at relatively slow pace. The growth is expected to continue. Even today major shipping lines are investing heavily in aircraft which is a proof that the Air cargo industry is progressing,” said M Afzal Malbarwala, Founder, Galaxy Freight and President, Air Cargo Agents Association of India (ACAAI). There is a perception of a market down trending in Americas & Europe. We however see stable volumes month on month out of India and we believe the Asian markets are still strong inspite of the tremendous focus on China and associated challenges therein. Making space available at competitive rates, ability to deliver to fixed schedules still remain as base growth drivers. Complementing these would be the continued focus on infrastructure build up, accepting innovative methodologies while retaining the fixed touch on the customer’s pulse. The agenda should be to make the air freight operations process more pleasant and acceptable to all industry sectors,” he added.