AAI Cargo may invest in overseas markets

The AAI Cargo Logistics and Allied Services Company, a subsidiary of AAI, may decide to invest in facilities outside India. “We will invest in other airports and facilities worldwide,” Keku Bomi Gazder, CEO, AAI Cargo Logistics and Allied Services Company, has been quoted in a recent report published in a leading national daily.

“A five-year vision document with details of our verticals, a blueprint on how and where the company will go forward along with the quantum of investment and timeline is being worked on,” Gazder added. Meanwhile, Gazder divulged that the company is getting ready to launch international courier handling units at Tiruchi and Thiruvananthapuram airports before March. The company is also working on plans to put in place international cargo operations at five airports, including Madurai, Jaipur, Imphal and Vishakapatnam, in the medium term.

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