Afcom has partnered with Air India SATS Airport Services for freight operations at the upcoming Noida International Airport.
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Afcom Holdings has announced a partnership with Air India SATS Airport Services (AISATS), a major cargo and gateway handling operator, for freighter operations at the upcoming Noida International Airport. AISATS will execute the partnership through a wholly-owned special purpose vehicle, AISATS Noida Cargo Terminal Private Limited (ANCTPL). The goal is to establish Noida International Airport as North India's leading cargo gateway, complementing existing major hubs like Delhi and Mumbai. Delhi currently handles the highest air cargo tonnage in India for both exports and imports, and this partnership positions Afcom to enter India's largest air cargo market. The collaboration combines AISATS' infrastructure expertise with Afcom's growing international freighter network.
This is a positive strategic development for Afcom shareholders, as it opens up a high-growth cargo corridor in North India through a partnership with a well-established industry player. The association with Noida International Airport and AISATS could enhance long-term revenue potential and strengthen the company's standing in India's cargo logistics space.