1. The company depends on certain key customers for its revenues. A decrease in the revenues its derives from them could materially and adversely affect its business, results of operations, cash flows and financial condition.
2. The company depends upon third parties to provide services which may result in delays in delivering the cargo/service on time, which in turn may lead to customer dissatisfaction and loss of further business.
3. Its use the trademark which the company has obtained through assignment from its Corporate Promoter M/s Skyways Air Services Private Limited, which is in the process of Registration of assignment. If its fail to obtain trademark registration the company brand building efforts may be hampered which might lead to an adverse effect on its business.
4. The company may be unable to meet certain obligations including timelines of delivery, due to which its could become liable to claims by customers, suffer adverse publicity and incur substantial costs as a result of deficiency in its services, which in turn could adversely affect the company results of operations.
5. Its freight forwarding business depends upon its network of overseas agents for fulfilment of logistics needs of its customers. The company's inability to maintain its relationships with the overseas agents or deficiency in the service provided by such agents may adversely affect its revenues and profitability.
6. The company does not verify the contents of the goods transported by it, thereby exposing the company to the risks associated with the transportation of goods in violation of applicable regulations.
7. The company is required to maintain certain licenses, approvals, registrations, consents and permits in the ordinary course of business. Failure to obtain the requisite approvals result in non-compliance and therefore, affect its business operations, financial condition, result of operations and prospects.
8. Its may face conflicts of interest relating to the company Promoter and certain Promoter Group entities.
9. Its relies extensively on the company IT systems to provide connectivity across its business functions through its software, hardware and network systems. Any failure in its IT systems or loss of connectivity or any loss of data arising from such failure can adversely impact its service levels.
10. Its insurance may be insufficient to cover all losses associated with the company's business operations.