SolitAir to Invest $25 Million in India's Expanding Air Cargo Sector

SolitAir, Dubai-based cargo operator is set to invest up to USD 25 million in India's domestic air cargo market within its first year of operations, according to its founder and Chief Executive Officer, Hamdi Osman.

Osman, a logistics industry veteran with a 30-year tenure at FedEx until 2011, emphasized India's significance in global trade. He stated that India ranks at the top of SolitAir's long-term vision, which involves expanding its air cargo network to 50 cities.

SolitAir is the UAE’s only dedicated cargo-agnostic airline, offering express daily scheduled services between Dubai and key trade routes across the Global South. The company commenced operations last year with a Boeing 737 freighter and aims to connect 50 cities within a six-hour flight radius of the UAE.

"We live in a new era called customer expectation, especially with e-commerce, with the new generation that we see (in this era) people like us will be in demand, and I see it already happening since October when we started," said Hamdi Osman, founder and Chief Executive Officer, SolitAir.

"So to us, Delhi and Mumbai are very important gateways. Bangalore is another very big gateway. Ahmedabad, where the pharmaceuticals come from the south, is also a very important gateway to us. So we are looking at all four or five gateways to be able to fly in and out of India," he said.

Looking ahead, SolitAir aims to expand its operations to Africa, the Middle East Gulf Cooperation Council (GCC) countries, the Indian Subcontinent, and Central Asian nations including Afghanistan, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan.