Afcom Holdings Limited (AFCOM), an integrated air cargo solutions company, has signed a Letter of Intent with The Boeing Company for the proposed acquisition of up to four Boeing 777-8F Freighter Aircraft. The proposed fleet addition marks an important step in AFCOM’s plans to expand its international air cargo operations and strengthen its presence across key global trade corridors.
The Boeing 777 wide-body freighters will significantly increase AFCOM’s cargo carrying capacity. Each aircraft is expected to offer approximately five times the capacity of the company’s existing B737-800 freighters, giving AFCOM greater flexibility to serve long-haul international routes.
The aircraft are planned for sectors requiring more than 10 to 12 hours of flying, supporting the company’s strategy to enter new markets and improve connectivity across international cargo destinations. AFCOM plans to expand its network through a combination of its own operations and strategic partnerships. The proposed addition of wide-body freighters is expected to help the company participate in larger international cargo opportunities and respond to changing customer requirements across important trade routes.
Capt Deepak Parasuraman, Chairman and Managing Director of Afcom Holdings Limited, said the proposed acquisition represents an important milestone in the company’s growth journey. “This proposed acquisition is an important step in AFCOM’s growth journey, giving us greater scale and flexibility to pursue larger cargo opportunities and serve evolving customer requirements across markets,” he said.
“As we move ahead, our focus will remain on disciplined expansion, efficient execution and building a stronger, more connected air cargo business for the long term.” He added that the additional capacity would provide the company with greater flexibility to participate in international cargo flows and respond to changing demand across key trade corridors.
Established in 2013, AFCOM is one of the growing players in the air cargo transportation industry. The company was founded by aviation professional Capt. Deepak Parasuraman, who has more than 25 years of experience in the aviation sector. AFCOM provides airport-to-airport cargo transportation services across domestic and international routes. Its portfolio includes General Cargo, Flying Fresh, Flying Pharma, Flying Priority, Fly Courier, Project Cargo, Dangerous Goods and High-Value Cargo.
The company serves customers across ASEAN and Middle Eastern markets and continues to strengthen its logistics and aviation capabilities. The proposed Boeing 777-8F acquisition reflects AFCOM’s focus on building a larger and more capable international cargo network. With the planned addition of wide-body freighters, the company aims to improve long-haul connectivity, expand into new geographies and build a stronger platform for future growth in the global air cargo market.
