Could Quikjet, SpiceJet signal real Indian cargo growth?

摘要

The Indian air cargo industry is infamous for its false starts and broken promises, but recent developments with two India-based carriers may start convincing the naysayers that the subcontinent is getting serious about building an air network. In February, all-cargo carrier Qui-kjet finally launched its long-awaited service, offering overnight flights connecting Delhi, Chennai, Bengaluru and Hyderabad with a single 737-400 freighter. Quikjet was formed as a startup in 2007, backed by various Indian investors. It got off the ground briefly in 2013, using an ATR 72P provided by Switzerland-based Farnair, which had taken a 36 percent stake in the Indian carrier. Since then, ASL has acquired Farnair, upped the Quikjet stake to 78 percent, and recently transferred one of its converted 737-400Fs to Quikjet's certificate.