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Jet Airways eyeing 8-9% revenue from cargo biz over next 2 yrs

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Press Trust of India Mumbai

With some of its leased-out aircraft to return over the next two-years, Jet Airways is targeting an average 8-9 per cent revenue from its cargo business by using these additional aircraft, a senior Jet Airways official said.

"Currently, we have a 12 per cent revenue from our international carriage and four per cent from domestic. We expect this to go up to 14-15 per cent and 5-6 per cent, respectively, over the next 24-months," Jet Airways' Vice-President, Jay Shelat, told reporters here today.

On an average, the company was looking at an 8-9 per cent revenue contribution from cargo carriage.

 

Cargo business growth would come on the back of an increased demand, both domestically and internationally, Shelat said.

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First Published: Feb 02 2010 | 4:16 PM IST

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