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GMR Airports Limited (GAL) reported a strong financial performance in FY26, with total income rising 40 percent year-on-year to ₹152.01 billion, driven by record passenger traffic, expanding cargo operations, and improved airport infrastructure. The company also posted a profit after tax (PAT) of ₹4.72 billion, marking its first full-year profit in more than a decade.
A key contributor to the growth story was the company’s cargo business, which continued to gain momentum despite broader geopolitical disruptions affecting global air freight networks. Industry data indicates that India’s air cargo sector remained resilient through FY26, supported by rising international trade, e-commerce shipments, pharmaceuticals, and perishables moving through major airport hubs.
GMR strengthened its cargo footprint during the year by securing the concession to operate and modernise Cargo Terminal 1 at Delhi Airport. The company had already been managing the facility on an interim basis since May 2025, ensuring operational continuity while preparing for long-term expansion. At Hyderabad Airport, GMR commissioned the new Cargo Terminal 2 in May 2026, adding an initial handling capacity of 50,000 metric tonnes annually, with scope to double throughput in the future. The facility includes a dedicated temperature-controlled zone for pharmaceutical and perishable cargo, two of the fastest-growing air freight segments.
The infrastructure investments translated into higher cargo volumes across GMR’s airport network. Delhi Airport handled a record 1.15 million metric tonnes of cargo during FY26, reinforcing its position as India’s largest air cargo gateway. Hyderabad Airport also achieved its highest-ever annual cargo throughput at approximately 187,000 metric tonnes, reflecting growing demand from exporters, manufacturers, and logistics providers.
Beyond cargo, GMR Airports handled a record 121.6 million passengers during FY26 across its portfolio, underscoring the continued recovery and expansion of India’s aviation sector. Strong traffic growth, combined with improved operational efficiencies and increasing non-aeronautical revenues, helped drive EBITDA up 47 percent to a record ₹61.5 billion.
The company’s flagship assets also delivered robust performances. Delhi Airport recorded significant earnings growth and returned to profitability, while Hyderabad Airport posted its highest profit since FY20. Both airports benefited from higher passenger traffic, growing cargo volumes, and enhanced commercial activity.
As India’s air cargo market continues to expand, airport operators are increasingly investing in specialised freight infrastructure to capture growth opportunities.
𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 CARGOCONNECT 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
Hong Kong Air Cargo has launched a dedicated freighter service from Mumbai, expanding its India network and strengthening cargo connectivity between India, Hong Kong and onward global markets. The new service adds dedicated inbound cargo capacity to India while giving exporters in the country greater access to Hong Kong and international destinations. The launch comes within two months of Aeroprime Group being appointed as Hong Kong Air Cargo’s Cargo General Sales and Service Agent (GSSA) in India. Abhishek Goyal, Executive Director, Aeroprime Group, said Mumbai is one of India’s strategic cargo gateways and that the new service would provide customers with greater capacity, improved connectivity and reliable cargo solutions. He added that the launch reflects the commitment and agility of both teams. Raymond Chen, Vice President and Commercial Spokesperson, Hong Kong Air Cargo, said the Mumbai freighter service marks an important step in the airline’s India growth strategy. He highlighted Mumbai’s importance as a key export hub and credited Aeroprime Group with supporting the airline’s expansion in the Indian market. The Mumbai launch strengthens Hong Kong Air Cargo’s focus on India while expanding Aeroprime Group’s role in the carrier’s market development and commercial activities. Follow CARGOCONNECT for more such updates
Oman Air has strengthened its global cargo footprint by launching five new routes within a single week, marking one of the airline’s most ambitious network expansion initiatives in recent years. The move is expected to improve cargo connectivity across Asia, Central Asia, the Middle East and Russia while enhancing the carrier’s ability to transport time-sensitive, high-value and temperature-sensitive shipments. The expansion introduces new services from Muscat to Singapore, Tashkent, Sochi and Abu Dhabi, alongside a new Salalah-Dubai connection. Operated using Boeing 737 MAX 8 aircraft, the additional services provide greater flexibility for freight forwarders and shippers by increasing belly cargo capacity across strategically important trade corridors. Among the newly launched destinations, Singapore and Tashkent are expected to play a pivotal role in supporting regional trade. Singapore serves as one of Asia’s leading logistics and transshipment hubs, while Tashkent strengthens Oman Air’s access to Central Asian markets. The Sochi route extends the airline’s reach into Russia, and the Abu Dhabi and Dubai connections further reinforce cargo flows within the Gulf Cooperation Council (GCC) region. The expanded network also aligns with Oman Air Cargo’s strategy of growing its capabilities in transporting perishables and other temperature-controlled commodities. Improved connectivity is expected to facilitate the movement of fresh produce, seafood, pharmaceuticals and other high-value cargo requiring fast and reliable transit. According to Michael Duggan, Head of Cargo at Oman Air, the new destinations provide customers with broader network options while supporting the efficient movement of time-critical shipments. He noted that expanding the airline’s perishables offering remains a strategic priority as customer demand for specialised cargo solutions continues to increase. The new schedule includes four weekly services to Singapore, two weekly flights to Tashkent, daily operations to Abu Dhabi, and additional frequencies linking Salalah with Dubai and Muscat with Sochi. These services are designed to improve network flexibility while enabling smoother connections across Oman Air’s wider international network. The latest expansion reflects Oman Air’s broader strategy of positioning Muscat as a regional logistics gateway connecting East and West. By strengthening its route network and increasing access to emerging trade markets, the airline aims to offer customers improved supply chain resilience, faster transit times and enhanced cargo solutions. As global supply chains continue to diversify, expanded air cargo connectivity will play a crucial role in supporting international trade. Oman Air’s latest network additions are expected to strengthen its competitive position while creating new opportunities for exporters, importers and logistics providers seeking efficient access to high-growth markets across Asia and the Middle East. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 CARGOCONNECT 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
Saudia Cargo has launched a new scheduled freighter service connecting Riyadh (RUH) and Melbourne (MEL), strengthening air cargo connectivity between Saudi Arabia and Australia. The service, which commenced on 25 July, forms part of the carrier's strategy to expand its international network and support growing trade between the two markets. The new route will be operated using a Boeing 747-400 freighter, offering cargo capacity of more than 100 tonnes per flight. The aircraft's nose-loading capability enables the transport of heavy, oversized and high-volume shipments, broadening the range of cargo that can be handled on the route. According to the airline, the service has been introduced in response to increasing market demand and is expected to strengthen global supply chains while providing Saudi exporters with improved access to the Australian market. The route also creates a direct logistics corridor for Australian businesses seeking faster access to the Middle East. The freighter service will support the movement of a wide range of commodities, including perishable products, pharmaceuticals, industrial equipment and e-commerce shipments, addressing the growing demand for specialised and time-sensitive air freight services between the two regions. The launch has been supported through collaboration with the General Authority for Foreign Trade (GAFT) and the Saudi Export Development Authority (Saudi Exports) as part of broader efforts to enhance the Kingdom's export capabilities and expand international trade opportunities. Saudia Cargo is also working with the Saudi-Australian Business Council to strengthen engagement with logistics providers and businesses in Australia. The partnership is expected to improve supply chain coordination, reduce transit times and provide customers with greater flexibility in cargo transportation. The airline said the new Melbourne service aligns with Saudi Arabia's long-term logistics and trade objectives by expanding global connectivity and supporting bilateral commerce. The company transported more than 570,000 tonnes of cargo across its international network last year, reflecting continued growth in its air freight operations. Follow CARGOCONNECT for more such updates.
