TT Group and AFCOM Cargo have announced a significant expansion of their strategic partnership, originally established in 2022, to enhance global air freight connectivity. Under the extended agreement, TT Group has been appointed as the Global General Sales Agent (GSA), while AFCOM Cargo is expanding its freighter fleet, strengthening their presence across domestic and international markets.
Key Developments in the Partnership
- TT Group to oversee global sales and marketing, leveraging its expertise in air cargo operations.
- AFCOM Cargo to manage operational activities, ensuring seamless cargo movement across key trade lanes.
- The collaboration aims to offer faster transit times, competitive pricing, and increased cargo capacity for global customers.
Mr. Arun Vasu, Chairman & Managing Director, TT Group, and Captain Deepak Parasuraman, Chairman, AFCOM Holdings Limited, reaffirmed their commitment to scaling operations and enhancing India’s air cargo infrastructure.
New Route Expansions
As part of its market expansion strategy, AFCOM Cargo is launching new domestic and international routes:
- MAA-CMB-MLE-MAA (Chennai-Colombo-Male-Chennai) – Service starts 16th February 2025, operating Thursdays and Sundays.
- MAA-BKK-MAA (Chennai-Bangkok-Chennai) and MAA-SIN-MAA (Chennai-Singapore-Chennai) – Existing and upcoming Southeast Asian routes.
- MAA-BOM-DEL-MAA (Chennai-Mumbai-Delhi-Chennai) – AFCOM’s first domestic freighter route, ensuring seamless connectivity between eastern and western India.
AFCOM Cargo and TT Group are working closely with stakeholders to enhance India’s air cargo capabilities. The initiative aligns with the Government of India’s “Vocal for Local” vision, strengthening the country’s logistics infrastructure with a homegrown, world-class freighter network.
Established in 2013, AFCOM Holdings Limited is a leading player in the air cargo transportation industry, founded by Captain Deepak Parasuraman, a veteran with over 25 years of aviation experience.
- Total Income: ₹148.18 crore
- EBITDA: ₹36.37 crore
- Profit After Tax (PAT): ₹25.44 crore
