Blue Dart Express to buy remaining shares in subsidiary

Blue Dart Express to buy remaining shares in subsidiary

Blue Dart Express has bought all the remaining shares of its aircraft operating subsidiary Blue Dart Aviation, it has said to the stock exchange.

DHL owns 75 per cent of the Indian express operator. Blue Dart Express says it will increase its stake in the carrier from the current 74 per cent to 100 per cent.

Blue Dart Express run a fleet of six Boeing 757-200 converted freighters on domestic routes in India.

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James Graham

James Graham is an award-winning transport media journalist with a long background in the commercial freight sector, including commercial aviation and the aviation supply chain. He was the initial Air Cargo Week journalist and retuned later for a stint as editor. He continues his association as editor of the monthly supplements. He has reported for the newspaper from global locations as well as the UK.

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