AFCOM Holdings Limited, a prominent provider of integrated air cargo solutions operating across domestic and international routes, has reached a significant milestone at Velana International Airport (MLE). In July 2025, Afcom recorded the highest-ever transshipment cargo volume in the airport’s history.
This achievement highlights Afcom’s crucial role within the region’s logistics network and marks a new chapter of growth in transshipment activities through the Maldives. The surge in July 2025 saw transshipment volumes reach unprecedented levels, with Afcom emerging as the leading contributor to this growth.
Starting the year with a modest share, Afcom has demonstrated remarkable progress within six months, now managing a substantial and growing portion of MLE’s monthly transshipment cargo. This rapid increase reflects the company’s strong focus on operational efficiency, strategic market development, and close collaboration with key partners in the cargo supply chain.
Afcom’s success aligns with Velana International Airport’s goal of becoming a premier air transshipment hub in the Indian Ocean region. Both Afcom and Maldives Airports Company Limited (MACL) are committed to enhancing infrastructure, boosting efficiency, and offering innovative services to unlock the full potential of the region’s air cargo sector. As the logistics industry evolves, Afcom remains dedicated to expanding trade routes, improving connectivity, and delivering value-added solutions to meet the changing demands of international commerce.
Hussain Shafiu, Manager of the Cargo Department at Maldives Airports Co, stated, “July 2025 was a landmark month for Velana International Airport with the highest transshipment volumes ever recorded. Afcom played a vital role in this success by handling the largest share of transshipment cargo. Transshipment remains a key focus area for us, and we look forward to deepening our partnership with Afcom to further grow this segment through new trade opportunities, operational improvements, and tailored service models.”
Capt Deepak Parasuraman, Chairman & Managing Director of AFCOM Holdings Limited, added, “We are honored to lead the record transshipment volumes at Velana International Airport. This milestone reflects the dedication and skill of our operations team and the strength of our regional partnerships. Transshipment is central to our growth strategy, with the Maldives serving as a strategic hub connecting South Asia, Southeast Asia, and the Middle East. Our expanding share at MLE confirms our confidence in the long-term potential of multimodal cargo flows through this gateway. Moving forward, we will continue enhancing our capabilities, improving network efficiencies, and collaborating closely with MACL and other partners to unlock further growth opportunities. This achievement sets the stage for our next phase of expansion.”
Founded in 2013 by aviation expert Capt Deepak Parasuraman, AFCOM Holdings Limited is a leading name in air cargo transportation. The company combines logistics and aviation expertise to provide smooth airport-to-airport cargo services. Its offerings include General Cargo, Flying Fresh, Flying Pharma, Flying Priority, Fly Courier, Project Cargo, Dangerous Goods, and High-Value Cargo. AFCOM operates across several ASEAN nations, emphasizing safety, growth, and service quality.
The company’s fleet includes two Boeing 737-800 BCF aircraft designed for efficient and timely cargo handling. Additionally, AFCOM strengthens its last-mile connectivity in South India through bonded trucking services via its partners, ensuring seamless end-to-end logistics. In FY25, AFCOM reported total revenue of ₹24,254.16 Lakhs, EBITDA of ₹7,260.82 Lakhs, and a net profit of ₹4,842.23 Lakhs. The company continues to pursue new
