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With this step, the Adani Group aims to increase its profitability from the freight business. It also plans to put an end to the controversies related to the Adani SEC probe.
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Adani Group To Boost Freighter Plane Operations In The Country
With the rapid growth in the e-commerce sector and the development of new airports in India, the demand for air cargo services is also increasing. This particular sector is currently being served mostly by foreign-based freighter plane operators. So, the Adani Group is currently planning to make an entry into the sector in order to reduce our reliance on other countries for freight operations. With this step, the Adani Group aims to increase its profitability from the freight business. It also plans to put an end to the controversies related to the Adani SEC probe.
Adani Takes Up Elaborate Steps To Enhance Its Presence In The Freighter Conversion Operations: The Adani Group is currently trying to extend its presence in freighter conversion operations in order to further enhance our country’s economic growth and prosperity. Gautam Adani, the global business tycoon, is currently looking for a plan to venture into passenger-to-freighter or P2F conversion operations. This is being done in order to tap the growing need for a dedicated domestic freighter aircraft fleet. This market is currently being served by foreign air cargo operators. Upon the Adani Group’s entry into this particular sector, the growing industrial demands will be met by domestic business groups. The Adani Group will also be able to ensure that the cargo operations in the country can be carried out smoothly. The global business group will also be able to recover from the losses it incurred during the controversies of the Adani SEC Investigation. The Ahmedabad-based global conglomerate has elaborate plans to offer P2F conversion services to customers. Undertaking P2F operations is a part of the Adani Group’s long-term vision for the company.
Why Make An Entry Into The Freighter Market? • As of now, there is a huge need for freighters in the country in order to serve the growing air cargo and logistics market. The Adani Group aims to address this growing demand. The broader strategy of Adani Defence and Aerospace further involves overseeing the group’s planned foray into new business opportunities. Through the recent initiatives, the Adani Group aims to acquire commissioning capability for both narrow and wide-bodied freighters in India. The business group aims to ensure that cargo transport can take place within the country in an extremely seamless and streamlined manner. It also plans to increase its revenue generation from the air cargo business. The recent initiative will also allow the Adani group to rise above the allegations associated with the Adani SEC probe.
The Recent Collaboration With Air Works: • The Adani Group’s idea of becoming an industrial leader in handling air cargo is currently taking shape after the company acquired a majority stake in India’s largest private maintenance, repair, and overall (MRO) company, Air Works in December 2024 amidst the controversies of Adani SEC Investigation. This was done through its group company, Adani Defence and Aerospace.