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Jet Airways drops plan to start dedicated freighter services

A total of 2.3 million tonnes of cargo was ferried by air domestically and internationally, according to the Airports Authority of India website.

, ET Bureau|
Updated: Jun 09, 2015, 11.06 AM IST
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A total of 2.3 million tonnes of cargo was ferried by air domestically and internationally, according to the Airports Authority of India website. 
A total of 2.3 million tonnes of cargo was ferried by air domestically and internationally, according to the Airports Authority of India website. 
MUMBAI: Jet Airways has dropped plans indefinitely to start dedicated freighter services, as it doesn't find market conditions conducive, said two people in the know. India's second-biggest airline by market share had in February applied to the country's aviation regulator for approval. It currently flies cargo in the belly hold of its passenger aircraft.

“The launch of dedicated freighter operations by Jet Airways has been deferred indefinitely due to commercial and operational reasons," said a spokesman at Jet. “Internal processes and framework are in place at Jet Airways and our strategic partner Etihad Airways to allow the initiative to progress at a later date," he added.

Jet had plans to wet lease an Airbus A330200 F freighter plane from its strategic partner Etihad Airways. The Abu Dhabi based airline owns 24% in Jet. Sources said the airline had plans to fly freighter planes to neighbouring countries.

A total of 2.3 million tonnes of cargo was ferried by air domestically and internationally, according to the Airports Authority of India website. Industry experts have said more 75% of that is carried by passenger carriers in their belly hold cargo while the rest is carried by dedicated cargo flights operated by companies such as Blue Dart.

National carrier Air India had started dedicated cargo services in India but stopped. GR Gopinath, the former owner of low-fare carrier Air Deccan, too had started an airline called Deccan 360 also known as Deccan Cargo and Express Logistics. That too folded within two years.

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