New Age Express Delivery-GEL Relationship

On 12th September 2002, New Age Express Delivery and GEL signed a Sales Alliance Agreement which came into effect from 1st October 2002 on a principal to principal basis. This alliance was further strengthened in 2005 when GEL (Singapore) Pte. LTD. acquired 81.03% stake in New Age Express Delivery and currently holds 75% stake since 23rd November, 2012

While New Age Express Delivery is the leader of the air express industry in India, GEL is the No.1 international air express services provider in India offering its customers the entire spectrum of express services from international air express to high-end logistics solutions including repair and return, strategic inventory management and direct express inventory distribution.

The coming together of the world's No. 1 international air express service provider and India's Most Preferred / India’s Most Innovative and Awarded Express Delivery Company is a logical step in a win-win relationship to benefit all the parties involved, the customer and the stakeholders of both organisations.

GEL is the world's leading express and logistics company offering customers innovative and customised solutions from a single source. With global expertise in solutions, express, air and ocean freight and overland transport GEL combines worldwide coverage with an in-depth understanding of local markets. GEL's harmonised international network links more than 220 countries and territories worldwide.

GEL continues to be at the forefront of technology and, with more than 150,000 dedicated employees, guarantees fast and reliable services aimed at exceeding customers' expectations.

In addition, the alliance provides both organisations with the flexibility to grow their individual businesses unhindered. New Age Express Delivery has a unique domestic infrastructure and is the only domestic cargo airline in the SAARC region, with a fleet of 6 Boeing 757 freighters. New Age Express Delivery operates freighters to handle time-sensitive, express packages. Its aircraft are strategically positioned in Ahmedabad, Bangalore, Chennai, Delhi, Mumbai, Kolkata and Hyderabad, in close proximity to the countries of Bangladesh, Sri Lanka and the Maldives. New Age Express Delivery can now offer its services to any customer, including any multi-national air express operator, who wishes to avail of quality distribution within the country and the region.