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            november 14, 2019

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CIBE 2019

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Emirates SkyCargo sees flat India volumes despite much growth potential


Emirates SkyCargo, the cargo division of Dubai's Emirates airline, is forecasting a challenging 2012 for cargo traffic from India despite an increase in outbound cargo traffic increase representing 11.7 per cent of its total throughput at 1.8 million tonnes.
The freight arm's senior vice-president Pradeep Kumar said "growth is going to be flat or even lesser" but expects improvement in the second half of the year. India contributes up to 30 per cent of Emirates SkyCargo's perishable goods, 20 per cent pharmaceutical products and 11 per cent automotive parts.
India's civil aviation minister Ajit Singh said at the sidelines of the India Aviation Show that it hopes its formulation of an Air Cargo Promotion Policy will bring in international investment through better practices as in Celebi, Cargo Service Centre and Menzies.
Mr Singh is confident of continued strength in annual growth rate, CAGR clocking up 10.9 per cent in the last five years, according to the Shipping Gazette.

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