With around 40% of annual global air cargo typically transported in the belly hold of passenger aircraft, the grounding of planes during the pandemic, created a huge gap between demand and supply. Innovations such as loading the cabins with cargo also fell short to fill up the gap and cater to the needs adequately, creating a need and market for all cargo aeroplanes. Looking at the decline of international passenger traffic and scarcity of belly-hold space, India’s freight-forwarding specialist Jet Freight Logistics sees an opportunity and needs to establish its in-house cargo airline.
In addition to this, the Incentivization of the aviation industry by the government of India with plans like GatiShakti, and the push towards agri exports has further supported the freight forwarding companies’ ambition of its all-cargo airline.
Jet Freight is handling the highest volume of export Agri produced by air in the country today and expects a drastic increase in terms of cargo export volume by air especially Agri export, creating the market for cargo airlines in the coming future.
With its Indian all-cargo airline Jet freight aims to help ramp up capacity in the Indian international freight market.