ECS expands in India
ECS Group, a general sales agent for air cargo, will increase its offices to major cities in India by the end of the year.
So far this year, the company has opened operations in Vietnam and Hong Kong as well as Shanghai, Beijing and Guangzhou in mainland China. Further growth in the U.S. market is also part of the group's development strategy.
ECS already includes a network of 43 subsidiaries in 32 countries and generates 487,000 tons of air cargo a year for more than 100 airline customers. Airlines, however, want more services from their general sales agents (GSA) and ECS is looking to build on its $600 million per annum turnover by responding to new business opportunities.
'Sheer economics means airlines will continue to consider outsourcing solutions but as well as reducing costs, they are able to see how a large GSA organization can produce revenue and yield growth,' said Adrien Thominet, ECS Group's senior vice president for sales and marketing.
'Enlarging our network is a big part of our strategy according to the major cargo trade lanes and market potential,' he added. 'This is why we are focusing on India, the Far East and the U.S. In China we are close to signing new airline contracts and we do not rule out possible acquisitions in the future.'
ECS expands in India
