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Jet Airways shutdown impacted sentiments of air cargo movements: Manoj Singh, MIAL

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Indian Transport & Logistics News
Jet Airways shutdown impacted sentiments of air cargo movements: Manoj Singh, MIAL

December 10, 2019: Mumbai International Airport Limited (MIAL) is one of the most important air cargo hubs for India which has a cargo capacity of one and a half million tonnes for a single calendar year.

Manoj Singh, senior vice president and head cargo, MIAL talks about Indian air cargo market and how MIAL has positioned itself in the highly competitive market in an email interview.

The Indian air cargo constituted a cargo volume of 3.56 million tons of cargo in FY 2019 with a growth rate of 6 percent over the previous year, adding significant momentum to global growth.

With the introduction of blockchain and artificial intelligence, this has facilitated several options from shippers to receivers for physical tracking movements of cargo, flight times, wait times, holdovers, etc.this has enhanced the overall customer service.

As per research reports, demand for domestic air freight is expected to grow at 7-9 percent CAGR propelled by rapid demand in line with the e-commerce industry as well as from small and medium B2B segments.

Besides, technology has enabled stakeholders access to mobile applications that offer real-time tracking of shipment that helps in delivering customized handling solutions for its clientele.

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