Afcom Holdings Ltd
✈️ Founded in Feb 2013, Afcom Holdings Ltd specializes in airport-to-airport cargo transport. Connecting ASEAN nations like 🇸🇬 Singapore, 🇮🇩 Indonesia, and 🇧🇳 Brunei, with a strong focus on Singapore. 🚛📦 #Cargo #Logistics #ASEANTrade
✈️ Founded in Feb 2013, Afcom Holdings Ltd specializes in airport-to-airport cargo transport. Connecting ASEAN nations like 🇸🇬 Singapore, 🇮🇩 Indonesia, and 🇧🇳 Brunei, with a strong focus on Singapore. 🚛📦 #Cargo #Logistics #ASEANTrade
Afcom Holdings Limited Business Model
Afcom Holdings Limited specializes in the airport-to-airport carriage of cargo, guided by three core operating principles:
1️⃣ People-Centricity:
- Afcom's network, routes, and last-mile connectivity solutions address supply chain challenges faced by customers.
Core Values:
- Customer First
- Service Excellence
- Act with Integrity
- Build on Trust
- Innovation
- Reliability
2️⃣ Growth Through Partnerships:
- Systemic change thrives on collaboration. Afcom’s infrastructure and technology are accessible to partners across India and the globe, fostering seamless cooperation.
3️⃣ Efficiency, Always:
- By emphasizing cost-effective solutions, Afcom enables customers to enhance their competitiveness and efficiency in the market.
Afcom has appointed General Sales and Service Agents (GSSAs) in strategic locations, including India, Hong Kong, Singapore, Thailand, Japan, South Korea, China, and Taiwan, ensuring a robust global presence.
Afcom Holdings Limited specializes in the airport-to-airport carriage of cargo, guided by three core operating principles:
1️⃣ People-Centricity:
- Afcom's network, routes, and last-mile connectivity solutions address supply chain challenges faced by customers.
Core Values:
- Customer First
- Service Excellence
- Act with Integrity
- Build on Trust
- Innovation
- Reliability
2️⃣ Growth Through Partnerships:
- Systemic change thrives on collaboration. Afcom’s infrastructure and technology are accessible to partners across India and the globe, fostering seamless cooperation.
3️⃣ Efficiency, Always:
- By emphasizing cost-effective solutions, Afcom enables customers to enhance their competitiveness and efficiency in the market.
Afcom has appointed General Sales and Service Agents (GSSAs) in strategic locations, including India, Hong Kong, Singapore, Thailand, Japan, South Korea, China, and Taiwan, ensuring a robust global presence.
Service Portfolio at Afcom:
#GeneralCargo: Seamless handling for all essential goods
#FlyingFresh: Fresh produce delivered with precision and care
#FlyingPharma: Temperature-controlled logistics for sensitive pharmaceuticals
#FlyingPriority: Speedy delivery for time-critical shipments
#FlyCourier: Reliable courier services, anywhere, anytime
#ProjectCargo: Specialized solutions for oversized and complex shipments
#DangerousGoods: Safe and compliant transportation for hazardous materials
#HighValueCargo: Security-focused services for precious shipments
#GeneralCargo: Seamless handling for all essential goods
#FlyingFresh: Fresh produce delivered with precision and care
#FlyingPharma: Temperature-controlled logistics for sensitive pharmaceuticals
#FlyingPriority: Speedy delivery for time-critical shipments
#FlyCourier: Reliable courier services, anywhere, anytime
#ProjectCargo: Specialized solutions for oversized and complex shipments
#DangerousGoods: Safe and compliant transportation for hazardous materials
#HighValueCargo: Security-focused services for precious shipments
#Fleet at Afcom:
- Leased Fleet:
- 2 Boeing 737-800 BCFs on an 8-year dry lease from Spectre Air Capital, Ireland.
- 2 Boeing 737-400s on a quasi-charter basis from ACN Cargo Network and Airmark Aviation, Singapore.
- Future Expansion:
- Plans to deploy ₹42 crore in net proceeds to lease two additional aircraft, enhancing operational capacity.
#Aviation #CargoFleet #LogisticsInnovation
- Leased Fleet:
- 2 Boeing 737-800 BCFs on an 8-year dry lease from Spectre Air Capital, Ireland.
- 2 Boeing 737-400s on a quasi-charter basis from ACN Cargo Network and Airmark Aviation, Singapore.
- Future Expansion:
- Plans to deploy ₹42 crore in net proceeds to lease two additional aircraft, enhancing operational capacity.
#Aviation #CargoFleet #LogisticsInnovation
#Strategic Partnerships at Afcom
- Far-Eastern Markets: Agreement signed on September 24, 2021, with Air Logistics Group, a division of World Freight Company, to act as our General Sales and Service Agent (GSSA).
- Indian Market: Partnership established on October 13, 2022, with Taylor Logistics Private Limited, a part of the TTK Group, as our GSSA in India.
Building strong alliances to expand global reach.
#LogisticsPartnerships #GlobalCargo #AfcomNetwork
- Far-Eastern Markets: Agreement signed on September 24, 2021, with Air Logistics Group, a division of World Freight Company, to act as our General Sales and Service Agent (GSSA).
- Indian Market: Partnership established on October 13, 2022, with Taylor Logistics Private Limited, a part of the TTK Group, as our GSSA in India.
Building strong alliances to expand global reach.
#LogisticsPartnerships #GlobalCargo #AfcomNetwork
#Afcom: Beyond Flying Cargo 🚀
Enabling Solutions Beyond Moving Cargo
The Arrows:
- Speed & Solidarity: Ensuring swift and reliable logistics with a unified approach.
The Hexagon:
- Interline Connectivity: Seamless integration across multiple carriers.
- Intertwined Cargo Operations: Synchronized processes for efficiency and excellence.
The Center Space:
- Safety & Security: Safeguarding cargo, clients, and all stakeholders with unwavering commitment.
Redefining logistics for a connected and secure future.
#BeyondCargo #IntegratedLogistics #Afcom
Enabling Solutions Beyond Moving Cargo
The Arrows:
- Speed & Solidarity: Ensuring swift and reliable logistics with a unified approach.
The Hexagon:
- Interline Connectivity: Seamless integration across multiple carriers.
- Intertwined Cargo Operations: Synchronized processes for efficiency and excellence.
The Center Space:
- Safety & Security: Safeguarding cargo, clients, and all stakeholders with unwavering commitment.
Redefining logistics for a connected and secure future.
#BeyondCargo #IntegratedLogistics #Afcom
#TieUp + Strength at AFCOM
AFCOM has partnered with TT Aviation Handling Services Private Limited (a part of TT Logistics Group) to provide customs bonded trucking, ensuring last-mile connectivity for our clients across South India.
Afcom are trusted by top leading freight forwarders who rely on AFCOM's services to streamline their logistics operations.
#LogisticsPartnership #CustomsBondedTrucking #LastMileConnectivity #AFCOM
AFCOM has partnered with TT Aviation Handling Services Private Limited (a part of TT Logistics Group) to provide customs bonded trucking, ensuring last-mile connectivity for our clients across South India.
Afcom are trusted by top leading freight forwarders who rely on AFCOM's services to streamline their logistics operations.
#LogisticsPartnership #CustomsBondedTrucking #LastMileConnectivity #AFCOM
#CurrentFleet at AFCOM: On Dry Lease
AFCOM’s current fleet includes:
- 2 Boeing 737-800 BCF converted freighters
- Cargo Capacity: 22 tonnes
- Lease Partner: Spectre Aircraft LLC
- Type of Lease: Dry Lease
- Leasing Period: 96 Months
#Aviation #CargoFleet #DryLease #AFCOM
AFCOM’s current fleet includes:
- 2 Boeing 737-800 BCF converted freighters
- Cargo Capacity: 22 tonnes
- Lease Partner: Spectre Aircraft LLC
- Type of Lease: Dry Lease
- Leasing Period: 96 Months
#Aviation #CargoFleet #DryLease #AFCOM
#TypesOfCargoHandled by AFCOM
- General Cargo:
- Machinery, Spare Parts, Electronics, Garments, Leather Goods, Chemicals (Non-dangerous), IT Products
- Perishable:
- Flowers, Food Items, Confectionery, Marine Products, Fruits & Vegetables, Dairy Products
- ODC (Over Dimensional Cargo):
- Machinery, Special Equipment, Aircraft Spare Parts, Engines, Batteries, Paint Materials, Chemicals
- Hazardous:
- All Dangerous Goods (From Class 1 to 9)
- Pharma:
- Bulk Raw Materials, Medicines, Tablets, Vaccines, Injections, Gel Packed Medicines
- Express:
- Envelopes, Courier Parcels
- High-Value Goods:
- Gold, Silver, Diamonds, Gems & Jewellery, Precious Art & Artifacts, Currency
- Fragile Cargo:
- Items that need exceptional handling due to fragility.
#CargoHandling #Logistics #AFCOM
- General Cargo:
- Machinery, Spare Parts, Electronics, Garments, Leather Goods, Chemicals (Non-dangerous), IT Products
- Perishable:
- Flowers, Food Items, Confectionery, Marine Products, Fruits & Vegetables, Dairy Products
- ODC (Over Dimensional Cargo):
- Machinery, Special Equipment, Aircraft Spare Parts, Engines, Batteries, Paint Materials, Chemicals
- Hazardous:
- All Dangerous Goods (From Class 1 to 9)
- Pharma:
- Bulk Raw Materials, Medicines, Tablets, Vaccines, Injections, Gel Packed Medicines
- Express:
- Envelopes, Courier Parcels
- High-Value Goods:
- Gold, Silver, Diamonds, Gems & Jewellery, Precious Art & Artifacts, Currency
- Fragile Cargo:
- Items that need exceptional handling due to fragility.
#CargoHandling #Logistics #AFCOM
#GSSA RoleIn The Supply Chain
The General Sales and Service Agent (GSSA) bridges airlines and freight forwarders, ensuring efficient operations across the supply chain.
- Freight Forwarder: Storage, consolidation, road transportation, customs process
- Airlines/GSSA: Marketing & sales, capacity and yield management, transport operations
- Shipper: Works with freight forwarders and handling agents
- Handling Agents: Freight inspection, pallet conditioning, loading, offloading, and handling goods from airplanes
#SupplyChain #GSSA #Logistics #FreightForwarding #Aviation
The General Sales and Service Agent (GSSA) bridges airlines and freight forwarders, ensuring efficient operations across the supply chain.
- Freight Forwarder: Storage, consolidation, road transportation, customs process
- Airlines/GSSA: Marketing & sales, capacity and yield management, transport operations
- Shipper: Works with freight forwarders and handling agents
- Handling Agents: Freight inspection, pallet conditioning, loading, offloading, and handling goods from airplanes
#SupplyChain #GSSA #Logistics #FreightForwarding #Aviation
A Comprehensive View of AFCOM’s Market Approach
Experienced Team
- Marketing
- Sales
- Capacity Management
- Customer Service
Sales Team
- Principle Performance Review
- Business Intelligence
- Market Data
- Product and Commodity Driven
- Customer Database
- Digital Sales Distribution Tools
Freight Forwarder Market
- Revenue for Airline Principal
#MarketApproach #SalesStrategy #CapacityManagement #AFCOM
Experienced Team
- Marketing
- Sales
- Capacity Management
- Customer Service
Sales Team
- Principle Performance Review
- Business Intelligence
- Market Data
- Product and Commodity Driven
- Customer Database
- Digital Sales Distribution Tools
Freight Forwarder Market
- Revenue for Airline Principal
#MarketApproach #SalesStrategy #CapacityManagement #AFCOM
#BoardOfDirectors
Capt. Deepak Parasuraman
- Chairman & MD with 20+ years in airline operations
- Qualified pilot, 20,000+ flight hours
- Promoted Crescent Air Cargo & Flyington Freighters
- Former associate with Sukhoi and Ezanda Leasing
Mr. Kannan Ramakrishnan
- Whole-time Director with 19 years of experience in retail, automobile, and pharmaceuticals
- Founder partner of Shreshtha Business Solutions, specializing in corporate advisory
Wg. Cdr. Jaganmohan Manthena
- Non-Executive Director, decorated fighter pilot
- Former COO for Andhra Pradesh Aviation Dept.
- Holds advanced degrees in aviation law and e-marketing
#Leadership #AFCOM #Aviation #BoardOfDirectors
Capt. Deepak Parasuraman
- Chairman & MD with 20+ years in airline operations
- Qualified pilot, 20,000+ flight hours
- Promoted Crescent Air Cargo & Flyington Freighters
- Former associate with Sukhoi and Ezanda Leasing
Mr. Kannan Ramakrishnan
- Whole-time Director with 19 years of experience in retail, automobile, and pharmaceuticals
- Founder partner of Shreshtha Business Solutions, specializing in corporate advisory
Wg. Cdr. Jaganmohan Manthena
- Non-Executive Director, decorated fighter pilot
- Former COO for Andhra Pradesh Aviation Dept.
- Holds advanced degrees in aviation law and e-marketing
#Leadership #AFCOM #Aviation #BoardOfDirectors
Financial:
Wings of Commerce: Connecting Global Economies
- Air Cargo Growth: Boeing forecasts a 4.1% annual growth rate for air cargo over the next 20 years, highlighting its importance in global trade, as it carries 35% of trade by value, despite transporting less than 1% of all commodities.
- E-Commerce Growth: The expansion of e-commerce is a key driver of air cargo growth, with global e-commerce revenues expected to surpass pre-pandemic levels and reach $8.1 trillion by 2026.
- Key Drivers: East Asia's market growth, the evolution of supply chains, and the decreasing price ratio between air and maritime cargo transport are shaping the future of air cargo.
India's Air Cargo Sector
- Market Outlook: India's air freight market is projected to grow from $13.08 billion in 2023 to $17.22 billion by 2028, at a CAGR of 5.65%.
- Government Support: Policies like NCAP 2016 and Krishi UDAN 20, along with tax and monetary incentives, are expected to improve efficiency and make India a vital player in global air freight.
- Sector Demand: Growing exports of heavy industry components, pharmaceuticals, and perishables are driving strong demand, boosting India's air cargo revenue potential.
#AirCargo #GlobalTrade #ECommerceGrowth #IndiaAirCargo #Boeing #EconomicGrowth
- Air Cargo Growth: Boeing forecasts a 4.1% annual growth rate for air cargo over the next 20 years, highlighting its importance in global trade, as it carries 35% of trade by value, despite transporting less than 1% of all commodities.
- E-Commerce Growth: The expansion of e-commerce is a key driver of air cargo growth, with global e-commerce revenues expected to surpass pre-pandemic levels and reach $8.1 trillion by 2026.
- Key Drivers: East Asia's market growth, the evolution of supply chains, and the decreasing price ratio between air and maritime cargo transport are shaping the future of air cargo.
India's Air Cargo Sector
- Market Outlook: India's air freight market is projected to grow from $13.08 billion in 2023 to $17.22 billion by 2028, at a CAGR of 5.65%.
- Government Support: Policies like NCAP 2016 and Krishi UDAN 20, along with tax and monetary incentives, are expected to improve efficiency and make India a vital player in global air freight.
- Sector Demand: Growing exports of heavy industry components, pharmaceuticals, and perishables are driving strong demand, boosting India's air cargo revenue potential.
#AirCargo #GlobalTrade #ECommerceGrowth #IndiaAirCargo #Boeing #EconomicGrowth
Strategies For Sustainable Growth
- Growth through Fleet Expansion
- Current fleet: 2 Boeing 737-800 aircraft.
- Plans to expand to meet increasing demand in the sector.
- Focus on cargo flights connecting India with ASEAN countries, utilizing small capacity, short-range, and frequent flights.
- Enhancement of Safety Standards/Quality
- Prioritizing safety with in-house flight safety and management departments.
- Implementing in-house quality control and assurance systems.
- 24/7 Operational Control Centre and Maintenance Control Centre.
- Centralized cargo load planning and Unit Load Device (ULD) management for cargo safety.
- Improving Operating Efficiency
- Known for efficiency and high-quality cargo transport services.
- Continual efforts to improve service standards.
- Partnering with TT Trucking for customs-bonded trucking and last-mile connectivity in South India.
- Leasing Partners
- Aircraft leased from Spectre Air Capital LLC.
- Plans to lease additional aircraft from major freighter aircraft lessors, including Flight Lease LLC and Spectre Air Capital LLC.
- Growth through Fleet Expansion
- Current fleet: 2 Boeing 737-800 aircraft.
- Plans to expand to meet increasing demand in the sector.
- Focus on cargo flights connecting India with ASEAN countries, utilizing small capacity, short-range, and frequent flights.
- Enhancement of Safety Standards/Quality
- Prioritizing safety with in-house flight safety and management departments.
- Implementing in-house quality control and assurance systems.
- 24/7 Operational Control Centre and Maintenance Control Centre.
- Centralized cargo load planning and Unit Load Device (ULD) management for cargo safety.
- Improving Operating Efficiency
- Known for efficiency and high-quality cargo transport services.
- Continual efforts to improve service standards.
- Partnering with TT Trucking for customs-bonded trucking and last-mile connectivity in South India.
- Leasing Partners
- Aircraft leased from Spectre Air Capital LLC.
- Plans to lease additional aircraft from major freighter aircraft lessors, including Flight Lease LLC and Spectre Air Capital LLC.
Future Outlook:
- Each aircraft is estimated to generate ₹18-20 crores in monthly revenue, with an EBITDA margin of 30-34%.
- Expanding the fleet to five aircraft could result in annual revenues exceeding ₹1,200 crores.
- Transitioning to non-scheduled operations to enhance flexibility and improve capacity utilization.
- Focus on multiple flight routes, including sectors in Singapore, Thailand, and Vietnam, with plans to expand into the Middle East and Maldives.
- GSSAs (General Sales and Service Agents) offer guaranteed returns, providing a stable revenue baseline.
- Employee costs for the current half-year are lower than the previous year, due to capitalization of pre-operative expenses related to dry lease operations.
- Management confirmed that these pre-operative expenses will be depreciated over eight years, in line with the aircraft lease term.
- Plans to add three more Boeing 737-800 aircraft by FY25, with a potential expansion into wide-body aircraft (777s) in FY26.
- Each aircraft is estimated to generate ₹18-20 crores in monthly revenue, with an EBITDA margin of 30-34%.
- Expanding the fleet to five aircraft could result in annual revenues exceeding ₹1,200 crores.
- Transitioning to non-scheduled operations to enhance flexibility and improve capacity utilization.
- Focus on multiple flight routes, including sectors in Singapore, Thailand, and Vietnam, with plans to expand into the Middle East and Maldives.
- GSSAs (General Sales and Service Agents) offer guaranteed returns, providing a stable revenue baseline.
- Employee costs for the current half-year are lower than the previous year, due to capitalization of pre-operative expenses related to dry lease operations.
- Management confirmed that these pre-operative expenses will be depreciated over eight years, in line with the aircraft lease term.
- Plans to add three more Boeing 737-800 aircraft by FY25, with a potential expansion into wide-body aircraft (777s) in FY26.
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