
Photo: Economic Times
Air Asia Plans To Convert Its Passenger Plane To dedicated Freighter
Air Asia has planned to increase its cargo business in view of rising e-commerce logistics. The company is reportedly planning to convert its 362 orders of passenger planes 'A321neo' to a freight carrying cargo aircraft, manufactured by Airbus. Moreover, the company aims to raise 50 million to 100 million dollars by the end of 2021 and is planning to list a separate company in three years.