"This flight would provide direct communication from India to Asia an improved transit time and 160 tonnes of cargo per week. The new flight will offer Indian businesses the benefits of additional outbound capacity to Asia," FedEx Express MD (India operations) Taarek Hinedi said.
FedEx has decided to operate 31 flights per week from India -- 15 from New Delhi, 11 from Mumbai and five from Bangalore -- to key Asian markets like China, Hong Kong, Taiwan, Singapore, apart from 331 destinations worldwide.
The flight will provide greater connectivity between Delhi and Asia and further boost the increasing trade between India and the Asia Pacific region.
The APAC region is India's largest region for trade and contributes to around 27 per cent of India's exports and 32 per cent of India's imports, Hinedi said.
China is also India's largest trading partner with bilateral trade expecting to cross USD 60 billion this year compared to USD 42.42 billion in 2009-2010, he said.Hinedi said the company has recently acquired 11 Boeing-777 aircraft under its global fleet strengthening plan.
FedEx has been operating a direct Delhi to Shanghai service since 2005 and its new flight from Bangalore establishes direct connections between key markets in South India to Europe, Middle East and the US, he said.