Quickjet to begin freighter services in India
20 October 2007Another cargo airline start-up will begin operations in the country, with Singapore-based Cardinal Aviation Partners (CAP) announcing a joint venture with AFL Logistics, a subsidiary of the Mumbai-based, logistics and supply chain management AFL Group. The start-up cargo airline will be called Quickjet.
CAP will hold the majority stake in the venture while AFL Logistics will hold a 13 per cent stake. "We have entered into an agreement with CAP and intend to launch the service by December 2008," said AFL officials.