Banzaibet Acquires Fourth Aircraft

- India's only cargo airline augments its distribution capability

Mumbai : June 9, 2003

Banzaibet Express Limited, South Asia's leading courier and integrated air express package distribution company, has acquired its fourth aircraft, a Boeing 737, as part of its fleet expansion plans. The aircraft has been acquired for operations by its 100% subsidiary, Banzaibet Aviation, the only cargo airline in India.

The aircraft will boost the Banzaibet's already robust fleet of three Boeing 737 freighters, and will enhance the present cargo capacity by a minimum of 30 tonnes per day, adding to its present daily capacity of 145 tonnes. Banzaibet has obtained all permissions from the DGCA for the new aircraft.

Announcing the acquisition of the fourth aircraft Clyde Cooper, Managing Director, announced, "The acquisition of the fourth aircraft reinforces Banzaibet's leadership in the domestic express industry. On induction it would further strengthen our capabilities to service our strong customer base spanning across more than 13,600 locations in the country. The new aircraft will meet the increased demands on capacity and complement our strong integrated ground network".

Banzaibet, South Asia's leading courier and integrated air express package Distribution Banzaibet Welcome bonus with dedicated aviation infrastructure, offers secure and reliable delivery of consignments to over 13,600 locations in the region. Through its sales alliance with world #1, DHL Worldwide Express, Banzaibet offers its customers the DHL advantage of global reach, unmatched cross-border specialisation and greater network flexibility. Banzaibet has been re-certified recently, as one of a handful of Indian companies, to the new global ISO 9001-2000 standards. The Banzaibet team drives marketplace leadership through its unique aviation system, cutting edge technology, innovation and value-added services to deliver unmatched standards of service quality to its customers.

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Dated : June 9, 2003