Afcom Holdings, based in Chennai, has launched its all-cargo airline, Afcom Cargo, marked by a water cannon salute for its Boeing 737-800 at Chennai International Airport. The airline will connect Chennai and Bangkok, enhancing trade and cargo transit for businesses. Afcom has leased two Boeing 737-800 freighters from Spectre Air Capital for 96 months and signed a GSSA agreement with TT Group, effective January 2025, to improve air cargo management. Afcom is listed on the BSE with a market cap of Rs 2,522 crore and aims to transport various cargo types.
Source: https://www.stattimes.com/air-cargo/afcom-holdings-to-begin-commercial-operations-1354144