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Aviation / Shipping & Logistics – NATIONALHERALDNEWS.COM https://nationalheraldnews.com Reliabe & Trusted Wed, 04 Oct 2023 10:21:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 Uganda Airline commences India Operations with the launch of its Tri Weekly Entebbe Mumbai connection https://nationalheraldnews.com/uganda-airline-commences-india-operations-with-the-launch-of-its-tri-weekly-entebbe-mumbai-connection/ https://nationalheraldnews.com/uganda-airline-commences-india-operations-with-the-launch-of-its-tri-weekly-entebbe-mumbai-connection/#respond Wed, 04 Oct 2023 10:21:23 +0000 http://nationalheraldnews.com/?p=17294  

by Prashant Kapadia/NHN

Mumbai 3rd October 2023: Uganda Airlines today announced the commencement of its India Operations with the launch of its new direct service, connecting Mumbai Chhatrapati Shivaji Maharaj International Airport and Entebbe International Airport in Uganda, with effect from October 7. This flight will be operated thrice a week between the two cities and offer a direct service on its Airbus A330-800 neo aircraft. The service will offer a Three class configuration with the Business (20 seats), Premium Economy (28 seats) and Economy (210 seats). The exciting development will be the first time in more than 50 years that India and Uganda will be connected by a non-stop air service.

The route augments Uganda Airlines service outside the African continent and joins a rapidly expanding network that offers travelers convenient connections to South, West, Central and Eastern Africa. The direct service will last approximately 5 & 1/2 hours in each direction, bringing unmatched convenience to people traveling between the two points for business, family or tourism.

“We are excited to introduce this, the latest addition to our network, which affirms Uganda Airlines expands travel options for our passengers. Besides convenience, we hope this route will add energy to the existing business and commercial relations between India and Uganda that date back more than a century.” said Mr. Adedayo Olawuyi, Chief Commercial Officer.

“Since 2017, I have relentlessly pursued the dream of a direct flight from Mumbai to Entebbe, believing it to be the catalyst for enhanced trade, commerce, and tourism between our two nations. I am elated to witness the realization of my vision.” H.E. Madhusudan Agrawal, Hon. Consul of Uganda.

The inaugural flight UR 430 from Uganda will depart Entebbe on Saturday October 7 and the return UR 431 will depart Mumbai on Sunday October 8.

Flight Schedule for Uganda Airlines:

Flight No. Departure Airport Departure Time (local) Arrival Airport Arrival Time (local) Days of Operation

UR 430 Entebbe (EBB) 20:15 Mumbai (BOM) 05:55 Mon, Wed, Sat

UR 431 Mumbai (BOM) 07:55 Entebbe (EBB) 12:25 Tue, Thu, Sun

The schedule has been designed to fit neatly into the existing network to meet needs of those passengers who might wish to continue their journeys beyond Uganda.

Bookings are open and have been made convenient through the Uganda Airlines App, which allows passengers to make reservations, pay for tickets, modify itineraries and print boarding passes. The app is available on both Google Play and Apple iStore.

Uganda Airlines currently operates flights to Dubai, Johannesburg, Bujumbura, Nairobi, Mombasa, Zanzibar, Dar es Salaam, Kilimanjaro, Juba, Kinshasa and Mogadishu. Flights to Lagos, Nigeria, are scheduled to start shortly.

About Uganda Airline :Uganda Airlines is Uganda’s flagship national passenger and cargo carrier that started in 2019. It provides scheduled air transportation services in East Africa and near-international markets. Uganda Airlines was awarded the World’s Youngest Aircraft Fleet Award, given by Ch-Aviation in 2020, 2021 and 2022.

Our Vision: To be the Airline of Choice for The Business and Leisure Traveler.

About the Company, visit:https://ugandairlines.com

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Shreeji Translogistics Ltd. Renews Contract with Singapore Airlines, Company Establishes New Branch in Bhubaneshwar https://nationalheraldnews.com/shreeji-translogistics-ltd-renews-contract-with-singapore-airlines-company-establishes-new-branch-in-bhubaneshwar/ https://nationalheraldnews.com/shreeji-translogistics-ltd-renews-contract-with-singapore-airlines-company-establishes-new-branch-in-bhubaneshwar/#respond Sat, 15 Jul 2023 14:02:22 +0000 http://nationalheraldnews.com/?p=16435 Navi Mumbai: Shreeji Translogistics Limited (STL) (BSE: 540738), an India-based surface logistics and parcel delivery service provider, has renewed its contract with Singapore Airlines. The company is delighted to announce the successful renewal of contract with Singapore Airlines, a renowned and esteemed airline company. With this renewed contract, STL will further strengthen its collaboration with Singapore Airlines, utilizing their extensive network and resources.

Commenting on the announcement, the Management team of Shreeji Translogistics Limited, stated: “We are pleased to announce the renewal of contract with “Singapore Airlines”, a prominent aviation company. This continuation of partnership showcases the trust and confidence placed in us by Singapore Airlines for delivering high quality services, maintaining compliance with international customs regulations and unwavering commitment to providing highly customer-centric and value-added services.

As we embark on this renewed contract, we are excited about the opportunities it brings for mutual growth and success. We remain dedicated to exceeding client expectations and upholding our reputation as a distinguished and leading provider of custom bonded trucking services.”

The company has also announced opening of its new branch in Bhubaneshwar, Odisha. The new branch in Bhubaneshwar represents STL’s commitment to enhance its presence in the eastern region of India. With its well-established network and expertise in the logistics industry, the company aims to cater to the increasing demand for reliable and efficient transportation and supply chain solutions in the region. This strategic expansion marks an important milestone in the company’s growth and will provide significant benefits to the business and its customers.

In FY23, the company reported revenue of operations at Rs. 200.88 Cr (FY23), a 20.58% Growth YoY. The EBITDA jumped 20.93% YoY, from Rs. 17.09 Cr (FY22) to Rs. 20.67 Cr (FY23). PAT came in at Rs. 10.86 Cr (FY23), a 19.51% growth YoY. For Q4FY23, the company reported revenues at Rs. 54.28 Cr (Q4FY23), a 19.92% growth YoY. The EBITDA was reported at Rs. 4.91 Cr (Q4FY23).

Shreeji Translogistics Limited (STL) (BSE: 540738) was incorporated in 1984, headquartered in Vashi, Navi Mumbai. The Company is engaged in freight management, logistic solutions, and warehousing services. It caters a range of logistical requirements from Over Dimensional Cargo (ODC) movement to bonded trucking movements. The Company’s platform trucks are mainly used for import-export containers and also for transportation of heavy-duty goods like automotive parts and machineries. It owns and operates a fleet of around 300 owned trucks and more than 4,500 outsourced trucks.

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Federal Bank Offers Access to Premium Airport Lounges and Travel Experiences to Cardholders through Collinson’s Priority PassTM Access India and LoungeKeyTM https://nationalheraldnews.com/federal-bank-offers-access-to-premium-airport-lounges-and-travel-experiences-to-cardholders-through-collinsons-priority-passtm-access-india-and-loungekeytm/ https://nationalheraldnews.com/federal-bank-offers-access-to-premium-airport-lounges-and-travel-experiences-to-cardholders-through-collinsons-priority-passtm-access-india-and-loungekeytm/#respond Tue, 11 Jul 2023 13:51:03 +0000 http://nationalheraldnews.com/?p=16426 by Prashantn Kapadia/NHN 
  • Through the Priority PassTM Access India programme – Collinson’s dedicated domestic airport lounge experiences programme in India – eligible Federal Bank cardholders can enjoy access to over 50 premium airport lounges and travel experiences across all major cities in India.

  • Eligible Federal Bank cardholders will also have additional access to over 1,200 international airport lounges and travel experiences through Collinson’s LoungeKeyTM programme.

MUMBAI, INDIA, 11 July 2023: Federal Bank in association with Collinson, owner and operator of Priority PassTM Access India, a dedicated airport experiences programme for India, and  LoungeKeyTM, an international digital travel experiences programme, announces a new programme that offers the Bank’s customers access to premium airport lounges and travel experiences.

This partnership will enable eligible Federal Bank cardholders (with payment cards issued across any payment network brand – Mastercard, Visa and Rupay) to enjoy complimentary access to over 50 premium airport lounges and travel experiences across all major cities in India, simply by tapping or swiping their payment card on entry. Additionally, eligible Federal Bank cardholders will also have access to over 1,200 international airport lounges and travel experiences through Collinson’s LoungeKeyTM programme. Depending on their card type, eligible cardholders will be entitled to between two and four complimentary lounge visits per annum.

With India experiencing a positive travel rebound over and above pre-COVID levels, this partnership with Federal Bank is perfectly timed to better support its cardholders during their upcoming travels.

The premium benefit is also highly relevant, with travellers having expressed that they are willing to pay more for experiences that make their journeys more comfortable, such as airport lounge access. A recent Collinson study surveying over 5,400 frequent travellers across seven Asia Pacific markets (1,063 of which were India-based respondents) found that 87% of travellers in India expect airport lounge access as a premium card benefit. 55% said they felt ‘rewarded’; while a further 52% ‘feel valued as a customer’ when they are provided with lounge access. Indian travellers also valued other travel experiences, such as dining discounts, lifestyle and wellness benefits such as sleep pods and having access to a wellbeing and fitness app, the study found.

Speaking on the partnership, Sumit Prakash, Country Director, India and South Asia at Collinson, said: “With the Indian market rapidly approaching full travel recovery in both the domestic and international segments, we are delighted to be partnering with Federal Bank to enhance their customers’ travel experience. We are looking forward to welcoming Federal Bank cardholders to enjoy both our local and international network of airport lounges and travel experiences.”

Chitrabhanu K G, Senior Vice President & Country Head- Retail Asset & Cards, Federal Bank said, At Federal Bank, we’re delighted to offer this programme to our valued cardholders that provides seamless, integrated travel experiences at the tap of a card. Through our partnership with Collinson, not only are we excited that our customers will be able to enjoy premium airport lounges and travel experiences in India and abroad; we also believe that this easy access to enhanced travel experiences, will be greatly appreciated by our customers.”

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Accuracy Shipping Ltd. Explores Growth Options https://nationalheraldnews.com/accuracy-shipping-ltd-explores-growth-options/ https://nationalheraldnews.com/accuracy-shipping-ltd-explores-growth-options/#respond Fri, 12 May 2023 09:54:11 +0000 http://nationalheraldnews.com/?p=15541 Marching Towards Debt Free regime

Accuracy Shipping Limited (NSE: ACCURACY), is a one stop solution for all Logistics requirements. The company is exploring growth options. With the help of its vast and well settled network, the company is able to provide its customers hassle free services across the board. The company is Catering to diversified industry to accelerate growth, and adding new streams of revenue through backward & forward integration to strengthen our bouquet of logistical services. It has strived to become an “End-to-End Logistics Player”, and looks to benefit from large scale presence across value chain by offering logistical solutions under single roof i.e. from Point of Origin to Point of Destination

This business model, supported by a constant vigil for new opportunities, soon saw ASL grow and evolve into a logistic service partner with all possible logistics solutions under its belt and more importantly who delivered results. On time. Every time. The passage of time, brought with it a plethora of opportunities. Global markets and even the Indian markets saw businesses thrive. With opportunity came growth and ASL was prepared to take full advantage.

With a portfolio that has evolved to provide total logistical solutions covering customs clearance, freight forwarding, shipping, air freight, consolidation, sea-air, inland haulage (transportation), warehousing, & cross trades, overseas warehousing and a whole range of custom- made solutions to suit the unique requirements of each of its customers, ASL has transformed into a logistic solution powerhouse, providing unparalleled quality service blended with a focus on total customer satisfaction.

The company has a pan India presence with a global network. It has a presence across India with 14 offices and more than 60 agency agreements across the globe to cater to the growing logistical needs for cross border transactions. As a leading logistic solution provider, it offers all its customers the benefits of solid expertise and in-depth experience, guaranteeing a complete and highly competitive range of services that added value to every single link in the supply chain.

The company aims to be one of the market leaders across the nation focused on customer happiness, redefining logistics solutions through its dedicated and motivated team. It is committed to being a responsible corporate citizen and building trust.

Sales Revenue reported in  2020-21  was Rs.365.23 cr. 2021-22 and jumped to Rs. 818.09 cr. in 2022-23 .The company is repaying its debts on a fast pace and may soon  to become debt free.

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Standard Chartered and Akasa Air close operating lease of Boeing aircraft    https://nationalheraldnews.com/standard-chartered-and-akasa-air-close-operating-lease-of-boeing-aircraft/ https://nationalheraldnews.com/standard-chartered-and-akasa-air-close-operating-lease-of-boeing-aircraft/#respond Tue, 04 Apr 2023 07:10:57 +0000 http://nationalheraldnews.com/?p=15191 by Prashant Kapadia/NHN

April 2023, Dublin, Ireland – Standard Chartered has successfully closed an operating lease of five new Boeing 737 MAX 8 aircraft with Akasa Air, India’s newest airline. The deal was structured, financed and arranged exclusively by Standard Chartered Aviation Finance. The first four aircraft (MAX 8) were delivered between December 2022 and March 2023 and the fifth aircraft is scheduled for delivery in second quarter of 2023.

Being a single-aisle, narrow-body aircraft, the Boeing 737 MAX has greater fuel efficiency, helps reduce CO₂ emissions, produces less noise and increases passenger capacity. This demonstrates Standard Chartered’s commitment to help clients transition fleets to newer technology types and the industry to deliver on its net zero transition commitments.

Whilst the bank already provides Akasa Air with corporate banking solutions and services, this is the first aviation finance transaction with the airline.

Kieran Corr, Global Head of Aviation Finance and CEO of IrelandStandard Chartered, added: “We are proud to further strengthen our relationship with Akasa Air and support its growth with these new additions to its fleet. This Sale and Leaseback deal shows our commitment to the Indian aviation market and to support our clients’ transition to the most fuel-efficient aircraft.”

Bhavin Joshi, Co-Founder and SVP Leasing & Procurement, Akasa Air said: “We are delighted to expand our working relationship with Standard Chartered as we continue building one of the fastest growing airlines in the history of global aviation. This agreement is a mark of confidence and further endorses Akasa Air’s robust growth and sustainable expansion plans”.

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JNPA records highest throughput of 6.05 Million TEUs https://nationalheraldnews.com/jnpa-records-highest-throughput-of-6-05-million-teus/ https://nationalheraldnews.com/jnpa-records-highest-throughput-of-6-05-million-teus/#respond Mon, 03 Apr 2023 09:22:31 +0000 http://nationalheraldnews.com/?p=15179 JNPA records highest throughput of 6.05 Million TEUs

Total traffic handled during FY 2022-23 is 83.86 MMT

by Prashant Kapadia/NHN

Navi Mumbai, April 3, 2023: Jawaharlal Nehru Port Authority (JNPA), that handles India’s largest container port, created the history when it registered its highest ever throughput of 6.05 MTEUs in 2022-23. The Port had crossed 6 MTEUs on March 30, 2023. During the corresponding period last year, JNPA handled 5.68 Million TEUs, which was also a record then. It accounts for an increase of 6.4% in the total throughput.

The total traffic handled at JNPA during April, 2022 to March, 2023 is 83.86 MMT, which is 10.35% higher as against 76 MMT traffic handled for the same period of last year. In terms of container traffic, 6,050,928 TEUs were handled at JNPA during the Apr-2022 to Mar-2023 which is 6.44% higher as against 5,684,559 TEUs handled during corresponding period in previous financial year.

Out of this, 1,714,246 TEUs were handled at BMCT, 1,096,954 TEUs at NSICT, 1,846,920 TEUs at APMT, 1,137,034 TEUs at NSIGT, 205,907 TEUs at JNPCT and 49,707 TEUs at NSFT.

During Mar-2023, JNPA handled 560 container rakes and 90,043 TEUs as compared to 566 rakes and 91,448 TEUs in Mar-2022.

During April-2022 to Mar-2023, JNPA handled 6,504 container rakes and 1,022,951 TEUs as compared to 6,278 rakes and 1,008,079 TEUs during corresponding period in previous financial year.

Expressing happiness over the achievement, Shri Sanjay Sethi, IAS, Chairman, JNPA said, “We are very proud of sharing this news. This is an exemplary achievement that will go in our record books. This proves our commitment towards making the Port a perfect gateway for EXIM trade. It is a token of port’s consistent efforts and commitment to providing best services to our clients. I thank all our partners and stakeholders for trusting us. JNPA is committed to its role in maintaining the nation’s economic growth trajectory.”

About JNPA:The Jawaharlal Nehru Port Authority (JNPA) is one of the premier container handling ports in India. Since its inception on May 26, 1989, JNPA has transformed from a bulk-cargo terminal to become the premier container port in the country. Currently JNPA operates five container terminals — NSFT, NSICT, NSIGT, BMCT and APMT. The Port also has a Shallow Water Berth for general cargo and another Liquid Cargo Terminal which is managed by BPCL-IOCL consortium and the newly-constructed coastal berth.

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Mahindra Logistics on-boards women e-bike riders for its last-mile deliveries https://nationalheraldnews.com/mahindra-logistics-on-boards-women-e-bike-riders-for-its-last-mile-deliveries/ https://nationalheraldnews.com/mahindra-logistics-on-boards-women-e-bike-riders-for-its-last-mile-deliveries/#respond Sat, 14 Jan 2023 10:57:57 +0000 http://nationalheraldnews.com/?p=14592 by Prashant Kapadia/NHN

Mumbai, January , 2023: Mahindra Logistics Ltd. (MLL), one of India’s leading providers of integrated logistics and mobility solutions, is committed to DEI (Diversity, Equity, and Inclusion) in its workforce. MLL announced today that it has partnered with women e-bike riders for its last-mile deliveries in an effort to achieve true equality. The initiative aims to bring about a significant change in the logistics industry by empowering women and ensuring their inclusion across all functions. MLL intends to make an impact in the logistics industry by providing women with equal opportunities, even in non-traditional logistics roles, allowing them to become self-reliant.

With this objective, MLL has appointed a total of 11 women riders for last-mile delivery across Mumbai, Bangalore and Nagpur in the first phase of this initiative. To make the process more efficient, Mahindra Logistics is working actively towards a robust execution of this initiative. Furthermore, the company is providing comprehensive training to the women candidates for safely riding e-bikes, operating last-mile delivery, and soft skills.

The organization stands by safety of its women drivers by deploying vehicles integrated with GPS tracking which enables MLL to trouble-shoot any concerns of prolonged stoppage or diversion from the designated route.

Commenting on the announcement, Mr. Rampraveen Swaminathan, MD & CEO, Mahindra Logistics, said: “We are delighted to be leading the way in hiring women e-bike drivers for last-mile delivery, as part of our commitment to promoting gender diversity in the workforce. We believe that equal opportunities create a more productive and successful workplace, and we are proud to be at the forefront of progressive initiatives that are enabling the logistics industry to transform. As a part of our expansion plans, on-boarding more women drivers, fleet owners and other transporters will be a major focus for us at MLL. We remain committed to our larger RISE purpose, by actively working towards creating an environment where women can thrive and contribute their unique skills and perspectives to our organization and the society as a whole.”  

About Mahindra Logistics ; Mahindra Logistics Limited (MLL) is an integrated third-party logistics (3PL) service provider, specializing in supply chain management and enterprise mobility. MLL serves over 400+ corporate customers across various industries like Automobile, Engineering, Consumer Goods and E-commerce. The Company pursues an “asset-light” business model, providing customised and technology enabled solutions that span across the supply chain and people mobility services.

For more information, visit http://www.mahindralogistics.com

About Mahindra; Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.

The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.

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MOVIN expands its network to 28 cities, adds a new strategic hub in Mumbai https://nationalheraldnews.com/movin-expands-its-network-to-28-cities-adds-a-new-strategic-hub-in-mumbai/ https://nationalheraldnews.com/movin-expands-its-network-to-28-cities-adds-a-new-strategic-hub-in-mumbai/#respond Thu, 22 Sep 2022 14:03:56 +0000 http://nationalheraldnews.com/?p=13603 Rapidly growing its network across India to 2000+ pin codes

Plans to develop 10 more hubs by Q1 2023 to connect more regional centers

by Prashant Kapadia/NHN

Mumbai, September 2022 – MOVIN, a logistics brand launched in May this year through a joint venture between UPS and InterGlobe Enterprises has announced the expansion of its network to 28 cities across metros and Tier I & II markets. As part of its strategic expansion, MOVIN is also establishing its hubs across the country with the most recent one being added in Bhiwandi, Maharashtra. MOVIN plans to develop 10 more Hubs as part of its strategy to connect more regional centers by Q1 2023. This will further strengthen its offerings and boost its capability to capture the ever-expanding opportunity in the B2B logistics space.

Through this expansion of operations, supported by tech-driven innovations, MOVIN’s Express End-of-day and Standard Premium delivery services will now be catering to B2B customers across more than 2000+ pin codes. MOVIN’s unique offering includes a fully predictable, day and time definite service across the country. Its rapidly growing network over both air and ground enables an uninterrupted flow of goods that is backed by consistent, predictable, and responsive operations. MOVIN’s expansion by establishing new hubs across India, increasing the number of pin codes for pickup and delivery, collaborating with multiple stakeholders and operating dedicated customer experience centers is setting a benchmark in service quality and providing value-based solutions to the customers.

The Express End-of-Day network covers 28 cities including Ahmedabad, Amritsar, Baroda, Bengaluru, Bhopal, Bhubaneshwar, Chandigarh, Chennai, Cochin, Coimbatore, Delhi-NCR, Goa, Hyderabad, Indore, Jaipur, Jalandhar, Kanpur, Kolkata, Lucknow, Mangalore, Mumbai, Patna, Pune, Raipur, Ranchi, Surat, Vijayawada and Vishakhapatnam catering to 2000+ pin codes.

MOVIN’s Standard Premium network is present across 13 cities namely Ahmedabad, Bengaluru, Chandigarh, Chennai, Cochin, Coimbatore, Delhi-NCR, Hyderabad, Jaipur, Kanpur, Lucknow, Mumbai, and Pune.

“MOVIN’s remarkable growth since its launch in May this year has been in line with our strategy of adopting a partner driven approach by enhancing capabilities for partners through customized technology driven training. We are expanding rapidly by connecting metros, Tier l & Tier ll cities with our strategic hubs through regional centers, offering greater coverage to our customers. Our strategic Hubs offer competitive time in transit for our Standard Premium services connecting cities in North, West and South India. Customer satisfaction is our top priority, which we strive to achieve through operational automation and reliability. MOVIN’s recent expansion is a result of the tremendous response from our B2B customers across segments of apparel, electronics, IT peripherals, automotive components, healthcare, and e-commerce”, said JB Singh, Director InterGlobe Enterprises and Board Member of MOVIN.

The expansion further showcases MOVIN’s ability to collaborate and adapt while providing enhanced predictability, better customer experience and greater competitiveness to help Indian businesses swiftly integrate into the global value chain. “We are committed to providing best-in-class customer experience by bringing in higher levels of efficiencies, stronger distribution channels, advanced innovative technology and global best practices”, Mr. Singh added.

MOVIN will continue to grow its reach across India and will soon expand its Express Early Morning (before 10:30 am) and Express Mid-day (before noon) service.

About MOVIN :MOVIN Express Private Limited is a joint venture between UPS and InterGlobe Enterprises. The name MOVIN is the combination of Movement and India (MOVEMENT+INDIA). MOVIN’s logistics services are built for Indian businesses in the fast lane. Its pace and agility will match their ambitions, and its service levels will exceed their expectations. MOVIN offers a suite of B2B domestic services including a fully predictable, day-definite service, as well as express, time definite service across the country. With seamless integration across air and ground networks, these express corridors are enabling an uninterrupted flow of goods, backed by consistent, predictable and responsive operations. For more details, visit http://www.movin.in

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Orissa Bengal Carrier Ltd Net Zooms 43 per cent https://nationalheraldnews.com/orissa-bengal-carrier-ltd-net-zooms-43-per-cent/ https://nationalheraldnews.com/orissa-bengal-carrier-ltd-net-zooms-43-per-cent/#respond Wed, 10 Aug 2022 11:58:23 +0000 http://nationalheraldnews.com/?p=13267 Orissa Bengal Carrier Ltd (BSE :  541206  NSE: OBCL)  is the logistics company having Full Truck Load (FTL) and Third Party Logistics services with experience of more than

three decades, dealing with multiple  industries and large corporates.

Headquartered in Raipur,  with over 112 fleets and 40 branches across India.

In the June 2022 quarter, Company earned  net profit of 3.12cr which is up by around 43% compared to last year’s same quarter result. Even the quarter on quarter profit is up by 43%. We expect our business to grow further as demand for logistic business is expected to increase in the coming year.

The company provides industry focused solutions integrated with leading edge technologies.

The company has asset light business model.

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Vietjet opens four new routes to Vietnam, offering its passengers the most flight capacity between India and Vietnam https://nationalheraldnews.com/vietjet-opens-four-new-routes-to-vietnam-offering-its-passengers-the-most-flight-capacity-between-india-and-vietnam/ https://nationalheraldnews.com/vietjet-opens-four-new-routes-to-vietnam-offering-its-passengers-the-most-flight-capacity-between-india-and-vietnam/#respond Thu, 23 Jun 2022 09:15:29 +0000 http://nationalheraldnews.com/?p=12886 by Prashant Kapadia/NHN

(Mumbai, June 22, 2022) – Vietjet has officially launched four more services linking top destinations of India and Vietnam including Mumbai – Ho Chi Minh City/Hanoi routes and New Delhi/Mumbai – Phu Quoc services.

The new routes’ launch ceremony was held in Mumbai during the visit of Ho Chi Minh City’s leaders to Mumbai as India and Vietnam mark their 50th Anniversary of diplomatic relations. The ceremony witnessed the presence of Phan Thi Thang, Vice Chairwoman of People’s Committee of Ho Chi Minh City, representatives of Consulate General of Vietnam in Mumbai along with Vietjet’s leaders.

The Mumbai – Phu Quoc route will operate four weekly flights on every Monday, Wednesday, Friday and Sunday, starting September 9, 2022. The services between New Delhi and Phu Quoc will also commence on September 9, 2022 with three weekly flights on Wednesday, Friday and Sunday. The Ho Chi Minh City/Hanoi – Mumbai routes started operation in early June, 2022.

The two countries’ two first direct services connecting New Delhi with Ho Chi Minh City/Hanoi resumed operation earlier this year in April with the frequency of three to four flights per week for each route. Passengers can book these routes’ air tickets now with fares starting as low as US$18 for one way. (*)

Nguyen Thanh Son, Vietjet’s Vice President said: “Vietjet’s Vietnam-India’s flight network expansion will boost and strengthen travel connectivity and trade ties between the two countries. We have been the first carrier operating direct services between Vietnam’s capital city Hanoi and its largest city of Ho Chi Minh with India’s capital city New Delhi.”

“Vietjet’s flight network covering up to six direct routes between Vietnam and India also marks a milestone in the two countries’ 50 years of diplomatic relations, since 1972. We will progressively expand the flight connection between the two countries in the coming time while constantly enhancing service quality along with technology adoption to bring our passengers best flying experience,” Mr. Son added.
With flight time of just over five hours per leg and diversified flight schedules throughout the week, Vietjet’s direct flights have eased traveling from India to the ‘lands to remember’ of Vietnam including Hanoi, Ho Chi Minh City and Phu Quoc. Passengers can now easily connect to Vietnam’s other attractive destinations such as of Ha Long Bay, Da Nang and famous heritage sites in the central region, etc. or quickly transfer across the Southeast and Northeast Asia thanks to Vietjet’s expansive international network. Vietjet’s direct flights between Vietnam and India have also enabled tourists to explore diverse cultures, religions, culinary and tourism attractions in India.
Vietnam has lifted the arrival regulations relating to Covid-19 and travelers can enjoy a complete pre-pandemic fashion arrival in Vietnam. The S-shaped country is more than ready to welcome international travelers to visit and explore its magnificent scenery.

Excluding taxes and fees

About Vietjet:The new-age carrier Vietjet has revolutionized the aviation industry. With a focus on cost management ability, effective operations and performance, Vietjet offers flying opportunities with cost-saving and flexible fares as well as diversified services to meet customers’ demands.

Vietjet is a fully-fledged member of International Air Transport Association (IATA) with the IATA Operational Safety Audit (IOSA) certificate. As Vietnam’s largest private carrier, the airline has been awarded the highest ranking for safety with 7 stars by the world’s only safety and product rating website airlineratings.com and listed as one of the world’s 50 best airlines for healthy financing and operations by Airfinance Journal in 2018 and 2019. The airline has also been named as Best Low-Cost Carrier by renowned organizations such as Skytrax, CAPA, Airline Ratings, and many others.

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