Air India has announced its ambitious goal of tripling its cargo capacity through belly capacity within the next five years. The airline's plans are supported by firm orders for 34 Airbus A350-1000, six A350-900, 20 Boeing 787 Dreamliner, and 10 Boeing 777X widebody aircraft. These acquisitions are expected to increase Air India's annual cargo capacity by a remarkable 300%, reaching 2 million tonnes over the next five years.
Campbell Wilson, Chief Executive, and Managing Director of Air India expressed confidence in the air cargo industry, recognizing the Indian Government's vision to grow it to 10 million tonnes by 2030. Air India's cargo division is focused on strategic measures to foster growth and enhance market presence. The increase in passenger belly capacity will be complemented by the introduction of value-added products and services across their network.
In line with technological advancements, Air India is investing in IT infrastructure, including blockchain, AI, and drones, to optimize productivity. Short-term enhancements have already been made to their existing IT cargo system, aiming to improve efficiency in areas such as electronic data interchange, connectivity with trade partners, and real-time updates on flight and shipment status.
Furthermore, Air India is actively collaborating with its joint venture partner SATS to invest in airport and logistics infrastructure. They are also exploring opportunities to augment freighter capacity in collaboration with other partners. With the backing of Tata Group, which acquired the airline at the end of 2021, Air India is positioning itself for significant growth in the air cargo market.