Opportunity Sri Lanka | » Sri Lanka’s FitsAir to commence dedicated freighter service to cater post-COVID air cargo demand
Sri Lanka’s FitsAir to commence dedicated freighter service to cater post-COVID air cargo demand

Sri Lanka’s FitsAir to commence dedicated freighter service to cater post-COVID air cargo demand

A privately-owned carrier in Sri Lanka, FitsAir, has reportedly planned a dedicated freighter service to cater to the post-COVID air cargo demand.

Local media reports state that in order to serve this purpose, FitsAir had recently added a P2C A321 and converted it into a freighter and has concluded cargo flights to the Maldives and Dubai. The P2C A321 converted freighter aircraft can carry 20 tons within a five-hour range.
The airline expects to commence scheduled cargo flights to the several other Middle East and Indian subcontinent markets on demand, the Daily FT has reported.
FitsAir has also expressed its unwavering support to the export community to reach its markets in the post-COVID era, while also strengthening the transhipment volumes via Colombo.

The airline has further stated that high payload characteristics of its A321F would definitely supplement its existing capacity on its ATR 72, which can carry up to 6.5 tons.
Formerly known as ExpoAir, FitsAir was the first and sole privately operated airline to be licensed for International Cargo Operations by Civil Aviation Authority Sri Lanka (CAASL) in the country and also obtained ‘Designated Cargo Carrier’ status from CAASL, enabling the airline to secure traffic rights into Indian and Chinese airports effortlessly. 
Similarly, it was also the first air carrier to be certified under the International Civil Aviation (ICAO) annex requirements, and also the first domestic airline to be certified by the Department of Civil Aviation to recommence flights to Jaffna in 2002.
In a ground-breaking feat, FitsAir was the first private airline to have been granted approval to hold its own ground-handling operations at Sri Lanka’s Bandaranaike International Airport, Daily FT has added. 

OSL take:

Given Sri Lanka’s geographical positioning in the Indian Ocean and the many trade agreements as well as trade concessions enjoyed by the country have created many business opportunities in the country’s freight/cargo handling in both aviation as well as shipping sectors. Even amidst external and internal challenges posed by the global Covid 19 pandemic, the country’s freight/cargo handling has continued showing growth potential as well. Foreign businesses/investors could explore business/investment opportunities in Sri Lanka’s freight/cargo handling business.  

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Article Code : VBS/AT/17112020/Z_3

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