Skyways Air Services Limited has further solidified its position as India’s leading air freight forwarder, increasing its market share in India’s air exports to 6.3% in Q2 FY27. This marks a sequential growth from the previous quarter and propels the company to 42nd globally in international standing, up from 44th. The company attributes this success to its disciplined capacity execution, strategic long-term carrier agreements, and leveraging technology through its Skyways 2.0 strategy.
Skyways Air Services Strengthens Market Leadership
Skyways Air Services Limited, a prominent player in India’s air freight forwarding and integrated logistics sector, has announced a significant achievement in its market performance. The company has successfully consolidated its leadership in the India air exports market, increasing its market share to 6.3% in the second quarter of FY27. This represents a notable climb from the 6.2% share recorded in the preceding quarter.
Global Ranking Improvement
Concurrently, Skyways Air Services has advanced its international standing, now ranking 42nd globally in terms of chargeable weight, an improvement from its previous 44th position. These figures are based on the latest data released by WorldACD Market Data. This consistent quarter-on-quarter expansion highlights the company’s operational agility and disciplined approach to capacity management amidst ongoing global supply chain challenges, fluctuating fuel costs, and evolving geopolitical landscapes.
Drivers of Growth
The company’s growth momentum is underpinned by its strategic long-term capacity agreements with major global carriers, including Emirates SkyCargo, Lufthansa, Saudi Cargo, Turkish Air Cargo, and Air India Cargo. Growth in the recent quarter was particularly driven by high-yield, time-critical sectors such as temperature-controlled pharmaceuticals, automotive components, and electronics. Robust outbound trade demand across key transatlantic, European, and Middle Eastern trade routes also contributed significantly.
Technology as a Growth Enabler
Technology is identified as a crucial element for Skyways’ future growth trajectory. Under its Skyways 2.0 strategy, the company is actively accelerating digital adoption through platforms like ASAP, SLS 100X, Cargo Dash, and Skart-Edge. These technology-driven solutions are designed to enhance the integration of air and ocean freight, express logistics, customs, road transportation, and warehousing services, thereby building a more seamless and scalable logistics platform capable of handling increasingly complex cross-border supply chains.
CEO’s Commentary
Mr. Yashpal Sharma, Chief Executive Officer & CMD of Skyways Air Services Limited, commented on the results: “Sustaining our position as India’s No. 1 air freight forwarder while climbing to 42nd globally reflects the trust our customers place in our network and the dedication of our operating teams. Crossing the 6.3% India air exports market share mark in Q2 FY27 in an unpredictable macro environment underscores the resilience of our asset-light model and our ability to secure reliable capacity when shippers need it most. As Indian manufacturing and outbound merchandise exports gather momentum, we are focused not only on expanding our network, but also on building a more integrated, technology-enabled logistics platform. Through our Skyways 2.0 strategy and digital platforms such as ASAP, SLS 100X, Cargo Dash and Skart-Edge, we aim to strengthen digital adoption, connect capabilities across the supply chain and deliver seamless global connectivity to Indian enterprises.”
Source: BSE
