National carrier Air India plans to hive off its cargo business into a separate unit by April 1, Anita Khurana, director-cargo, told
reporters on Tuesday.
Cargo business currently constitutes 8 percent of Air India's overall revenues and Khurana expects that to increase after the spin-off.
Air India, which had stopped cargo flights to Europe and Japan last September, plans to resume these services in the first half of 2010
Source : http://economictimes.indiatimes.com/news/news-by-industry/transportation/airlines-/-aviation/Air-India-to-hive-off-cargo-business-by-April/articleshow/5526981.cms
reporters on Tuesday.
Cargo business currently constitutes 8 percent of Air India's overall revenues and Khurana expects that to increase after the spin-off.
Air India, which had stopped cargo flights to Europe and Japan last September, plans to resume these services in the first half of 2010
Source : http://economictimes.indiatimes.com/news/news-by-industry/transportation/airlines-/-aviation/Air-India-to-hive-off-cargo-business-by-April/articleshow/5526981.cms
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