AFCOM Holdings Limited has taken a significant leap in its international expansion strategy by signing a business agreement with the Nauru Air Corporation, the national airline of the Republic of Nauru. The agreement was formalised at the High Commission of Nauru in New Delhi on December 5, 2025, marking AFCOM’s entry into the Australian and Pacific cargo corridors.
According to the company’s press release, the signing ceremony was attended by Hon’ble Minister Asterio Appi, Chairman Charleston Deiye, Vice Chairman Geoff Bowmaker, consultant Manish Sundarjee, AFCOM Chairman & MD Capt. Deepak Parasuraman, and Whole-Time Director Kannan Ramakrishnan. The six-year arrangement aims to strengthen cooperation, operational synergy, and future collaborative opportunities between the two organisations.
Minister Appi said the partnership represents the beginning of a “mutually beneficial relationship” as Nauru Airlines looks to expand its network beyond its current region of operations. The airline currently operates a fleet of seven Boeing 737 aircraft and sees this agreement as a pathway to explore new global routes.
The collaboration opens doors for AFCOM to diversify beyond equipment leasing into areas such as code-sharing arrangements, cross utilisation of assets, and access to Trans-Continental Australia and Pacific region markets. Both sides emphasised that the partnership is expected to stimulate bilateral trade, strengthen cargo infrastructure, and improve connectivity with major Asian markets, particularly India.
Capt. Parasuraman described the agreement as a transformative moment in AFCOM’s long-term strategy, enabling faster transit, wider connectivity, and improved operational flexibility across Oceania. He added that Nauru’s geographic position presents a strategic gateway for expanding cargo operations and enhancing global market access for AFCOM’s customers.
AFCOM, founded in 2013, is among India’s prominent players in air cargo logistics, offering services across ASEAN countries. In FY25, the company reported total income of Rs 24,254.16 lakh, EBITDA of Rs 7,260.82 lakh and a net profit of Rs 4,842.23 lakh.