Skyways Air Services: The Silent Air-Cargo Giant Now Preparing for a Market Debut

27 November 2025

In India’s logistics ecosystem, some companies build empires without ever making noise.

Skyways Air Services is one of them.

For nearly four decades, Skyways has been the behind-the-scenes force powering India’s export engines, manufacturing hubs, D2C brands, and global freight corridors. And now, as the company gears up for a potential IPO in the coming quarters, the market is waking up to what Skyways has quietly built.

Most people know India’s aviation story.

Very few know the air-cargo story — and Skyways sits right at the center of it.

About Skyways Air Services

Skyways started as a modest air-cargo forwarding company in 1984 and has grown into one of India’s top freight forwarders, trusted by airlines and exporters alike. It handles air, ocean, road and value-added logistics services—covering import-export, warehousing, custom-broking and technology-driven express cargo. 

Skyways group founded by S.L. Sharma has consistently ranked among India’s top air-freight forwarders, handling large export volumes for industries like pharma, electronics, retail, and fast-moving manufacturing.  Mr. Yashpal Sharma is now the Chairman and Managing Director and has played a significant role in the company's growth. 

• Around 75% of its revenue comes from air freight, a rarity in India’s logistics sector where road freight dominates.

• The company has expanded into ocean freight, warehousing, trucking, customs brokerage, and supply-chain tech- transforming from a forwarding company into an end-to-end logistics platform.

• It operates across major airports and ports, supported by a strong PAN-India presence and overseas partners.
  

With 75 % of revenue from air freight, a decade-plus track record, and expansion into full-spectrum logistics, Skyways looks like a logistics engine ready to be re-rated. The IPO of this legacy player could be the chance to tap beat-the-index returns in a sector many overlook.