LUFTHANSA CARGO and the Hinduja Group have completed the formation of a joint-venture airline, Lufthansa Cargo India.
The airline will begin operations by mid-year. Lufthansa Cargo holds 40% of the venture, with Hinduja owning the rest. The operation, based at Delhi, will operate two Boeing 727-200F freighters to start with, stepping up to five in October. The company will operate as Hinduja Cargo Services - Lufthansa Venture.
The airline will initially take over Lufthansa Cargo McDonnell Douglas DC-8 routes between Bangalore, Bombay, Calcutta, Delhi and Madras, as well as the cargo hub at Sharjah in the Gulf. It will also fly from Sharjah to Hyderabad, via Bombay.
Source: Flight International
