Hong Kong-based Cathay Cargo is eager to expand its operations in India, aiming for “coterminalisation” of its freighter planes under the open sky policy. This policy, which allows foreign cargo carriers to operate from all international airports in India, is seen as a positive move by Tom Owen, Director Cargo at Cathay Cargo.
Owen expressed the company’s interest in flying into multiple destinations within India, such as Delhi, Kolkata, and Mumbai, under the open skies framework. He emphasized Cathay Cargo’s commitment to supporting India’s economic growth by deploying capacity to meet market demands, particularly in sectors like pharmaceuticals, automobile components, electronics, and farm products.
With optimism about India’s export potential and infrastructure development, Owen highlighted the growing opportunities for air cargo transportation. He also mentioned discussions with airlines like IndiGo for utilizing aircraft belly space to enhance cargo operations. Overall, Cathay Cargo sees India as a key market for its future growth.
Published on 26 August 2024, 08:45 IST
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