Blue Dart Increases Fleet Capacity - Acquires Third Aircraft

Blue Dart, India's largest integrated air express & logistics company, has acquired its 3rd aircraft as part of its expansion drive and fleet enhancement. The Boeing 737 has undergone conversion at a DGCA & FAA approved facility in the USA to adapt to the requirements of an express carrier, and has recently returned to India.The aircraft has been acquired by the Company's wholly owned subsidiary, Blue Dart Aviation, and has obtained its Certificate of Air Worthiness from the Civil Aviation Authorities of the Government of India.

Blue Dart Express Limited is India's leading express company with a 38% share in the domestic market. Blue Dart today offers a comprehensive range of services and products for both international and domestic shippers. Blue Dart's continuous commitment towards understanding the needs and concerns of the customer has enabled it to provide unmatched standards of service quality with 99.95% reliability levels in the express industry. Over the years, Blue Dart has managed to expand this market rapidly, which is reflected in its turnover growth over the last three years. Blue Dart is the largest Global Service Participant of FedEx, the world's largest air express transportation company.

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Dated : January 10, 2001

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