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is readying itself for its next round of expansion, evaluating bigger aircraft than it has ever had in its fleet, increasing charter operations to China and Vietnam, and building gateways in smaller towns.
The express logistics companyhas a fleet of eight freighter planes – 6 Boeing 757s, which will be phased out, and 2 Boeing 737-800s. It will add two 737-800s priced at ₹360 crore by the end of this year, said a person in the know. It is also looking at Boeing 767s which will increase the tonnage per aircraft by 60%, he added.
Blue Dart said its net profit jumped close to four times to ₹119 crore in the April-June quarter on a robust operating performance. Revenue from operations rose nearly 50% to ₹1,293 crore. “Life in the pandemic has leap-frogged. We are out of the pandemic now. It is a mix – better realisation, yield improvement, digitisation, service quality and cost management,” MD Balfour Manuel told ET.
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