SolitAir Holding's Bold $25M Indian Expansion: Navigating Critical Trade Gateways
SolitAir Holding, a UAE-based cargo airline, plans a $25 million investment in India's domestic market in its first year. Recognizing India's crucial role in global trade, the company aims to expand its services, connecting key cities globally and investing significantly in logistics infrastructure.
- Country:
- India
Dubai's SolitAir Holding is set to inject USD 25 million into India's domestic market within its first operational year, according to founder and CEO Hamdi Osman. The cargo airline seeks to capitalize on India's strategic significance in global trade routes by expanding its service network.
Launching freighter services to Bengaluru in January, SolitAir aims to connect 50 cities within a six-hour flight radius of the UAE, focusing on strategic trade hubs in India. With plans to significantly scale investments over the next 2-3 years, the airline anticipates a substantial boost in operational capacity.
Recently appointing GAC Shipping (India) as its cargo sales agent, SolitAir is expanding its reach into Africa, the GCC, and Central Asia. The collaboration leverages GAC's local expertise to deepen SolitAir's market presence, as overnight express logistics demand rises amid burgeoning e-commerce expectations.
(With inputs from agencies.)
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- cargo
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- trade
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- UAE
- Bengaluru
- GAC Shipping
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