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SpiceJet doubles frequency of cargo flights to China
Published by: Business Standard27 August 2021
Air freight charges have gone up too and shippers are exploring trucking of export goods from Shanghai to alternate airports in China for onward carriage.
SpiceJet has doubled the frequency of its scheduled freighter flights to Kunming and Wuhan in China from two to four per week. The increase in flights came into effect last week ahead of the festive season which sees import of mobile phones and electronic goods from China and comes in the backdrop of disruption at Shanghai airport.
The disruption caused due to Covid-19 cases among the airport staff at Shanghai has led to cancellation of flights and restriction on loads. Air freight charges have gone up too and shippers are exploring trucking of export goods from Shanghai to alternate airports in China for onward carriage.
SpiceXpress launches real-time tracking service ‘SpiceTag’
Published by: Logisticsinsider11 January 2021
India’s low-cost airline SpiceJet’s freighter arm SpiceXpress on Monday introduced SpiceTag, a real-time tracking service which includes auto-generated notification and shipment status report, among others, for its partners and cargo agents.
As per the airline, the new service will be available to both door-to-door domestic cargo as well as airport-to-airport domestic services.
The freighter has designed a transparent tracking system by providing end-to-end scanning, which enables customers to get live status updates, it said.
Industry gears up for vaccine storage & distribution
Published by: CARGOTALK08 January 2021
Logistics industry is gearing up to take on the colossal task of transporting COVID-19 vaccine across the country.CARGOTALK reviews the state of preparedness as logistics and supply chain companies are relentlessly working to meet the impending demands for vaccine transport.
Aiming to immunise around 300 million people by August 2021, India is readying a huge vaccination drive.
An incredible amount of effort is going into the development of COVID-19 vaccine and once this immunisation drive will begin, we will need a reliable and resilient supply chain for vaccine delivery.
XpressBees enters into exclusive business partnership with SpiceXpress
Published by: Our Correspondent26 July 2021
XpressBees today announced that it has entered into an exclusive strategic business partnership with SpiceXpress to further strengthen XpressBees’s position in the logistics sector.
XpressBees today announced that it has entered into an exclusive strategic business partnership with SpiceXpress to further strengthen XpressBees’s position in the logistics sector.
XpressBees was founded in the year 2015 and since its inception has seen steady growth in revenue on a year-to-year basis. XpressBees is currently helping more than 1,000 customers, serving 20000+ pin codes and has a presence in more than 3000+ cities across India.
SpiceXpress, Delhivery to start commercial drone delivery pilot project in 3-4 months
Published by: Livemint24 Jun 2021
Air cargo firm SpiceXpress along with e-commerce logistics platform Delhivery will build drone delivery capability in the country and the pilot project is expected to start in the next 3-4 months.
Both the entities -- SpiceXpress and Delhivery -- have signed a memorandum of understanding (MoU) to this effect, according to a joint statement.
The cargo division of airline firm Spicejet, SpiceXpress, is one of the key consortiums shortlisted by the Directorate General of Civil Aviation (DGCA) to conduct trials on Beyond Visual Line of Sight (BVLOS) drones in India, the statement said.
SpiceXpress airlifts 3,100 oxygen concentrators from Beijing to Delhi
Published by: Livemint28 Apr 2021
SpiceXpress, the air cargo arm of SpiceJet, on Wednesday airlifted 3,100 oxygen concentrators from Beijing to New Delhi. The airline used its B767 and A330 wide-body aircraft to transport the concentrators from Beijing.
The first aircraft landed in Delhi at 9.10 a.m. today and the second will arrive later in the afternoon, it said in a statement.
The airline has airlifted more than 9,950 oxygen concentrators from the USA, Hong Kong, Singapore and China in the last two weeks. These oxygen concentrators have been ordered by SpiceHealth and other organisations. SpiceHealth, a healthcare company launched by the promoters of SpiceJet, has been working actively with state governments and hospitals across the country to address the issue of acute shortage of oxygen.
Shadowfax Partners SpiceXpress for transportation of Covid vaccines in India
Published by: Livemint21 Dec 2020
Shadowfax, an integrated 3PL services provider, announced a strategic partnership with SpiceXpress, one of the largest cargo airlines in India, to provide a seamless solution in transporting the temperature-sensitive Covid-19 vaccine.
According to the joint official release, Shadowfax plans to deploy a fleet of over 250 refrigerated vehicles, which will provide a speedy and reliable transportation solution for vaccine delivery through a sustainable cold chain network.
For the Covid-19 vaccine movement, Shadowfax will provide logistics support to cover first-mile pick-ups and last-mile deliveries through a verified network of delivery partners operating across 500+ cities covering 7000+ pin codes in India.
SpiceJet Cargo arm airlifts 1,000 oxygen concentrators from Hong Kong
Published by: Livemint28 Apr 2021
SpiceXpress, the air cargo arm of no-frills airline SpiceJet Limited, on Wednesday airlifted 1,000 oxygen concentrators from Hong Kong to Delhi, the airline said in a statement.
"These oxygen concentrators have been ordered by SpiceHealth for emergency use and distribution across India," it added.
"Considering the current situation across the country, our focus is to airlift as many oxygen concentrators, BiPAPs and other medical devices as possible to cater to the increasing demand. SpiceJet and SpiceHealth are collaborating actively to contribute in our country’s dedicated efforts to fighting the Covid-19 pandemic," said Ajay Singh, chairman and managing director of SpiceJet,
SpiceXpress launches freight service from Vijayawada
Aimed at expanding its cargo facilities, airline major SpiceJet launched its first dedicated freight service connecting Vijayawada with other parts of the country on Saturday. The airline operated its first freight flight SpiceXpress from Vijayawada to Kolkata carrying 15 tonnes of cargo.
Vijayawada International Airport Director G Madhusudana Rao, along with SpiceJet regional manager Ravi Kumar and Shreepa Logistics Private Limited CEO Rama Rao, launched the facility on the Gannavaram airport terminal premises on Saturday.
peaking on the occasion, the Airport Director said that a domestic cargo facility was launched at the old terminal building in June, 2018 and the services commenced in August.
Astral Aviation, SpiceXpress Announce Interline Agreement
The pandemic has revealed shortcomings in global supply chains and forced businesses to make logistical solutions a greater and a more strategic investment.
With this, Astral Aviation Limited and SpiceXpress – the air cargo arm of Spicejet – have signed a pioneering interline cargo agreement connecting the networks of the two companies.
This new partnership will give a major boost to cargo traffic between the Indian sub-continent and Africa, providing a more affordable avenue for shipping, including general cargo, courier and pharmaceuticals shipments, through the two airlines’ networks.
SpiceJet and SmartKargo Renew Agreement for Air Cargo Technology; As Airline Begins Critical Distribution of Vaccines
India-based SpiceJet Airlines has renewed its contract with SmartKargo to deliver innovative air cargo technology to power key operations for the carrier’s air cargo business arm,
Spice Xpress. Since 2015, SpiceJet has utilized the SmartKargo platform to support and grow its domestic and international Cargo business, including its important Pharma Pro cold-chain service.
Spice Xpress has the capability to transport extremely sensitive drugs, vaccines blood samples and medicines in controlled temperatures ranging from -40°c to +25°c.
Vaccine flights: SpiceJet freighter arm adds two more wide body planes
Betting big on carrying Covid vaccines and medical supplies from india to distant parts of the world,SpiceJet has added two more wide wide body aircraft — a Boeing 767 and an Airbus A330 which can carry up to 45 tonnes of cargo to its cargo fleet
The low cost airline’s freighter arm SpiceXpress now has 19 cargo planes including five wide bodies. SpiceJet CMD Ajay Singh said: “The need for wide body planes to deliver vaccines and other important cargo has never been more important than today. To cater to this increased demand on long-haul routes, we have inducted two more wide-body jets taking our total cargo fleet size to 19 including five wide-body aircraft.”
SpiceJet’s plan to hive off cargo biz hits air pocket
At its AGM in December, the airline had proposed to its shareholders a special resolution to ‘transfer the cargo business as a wholly-owned subsidiary’.
It had said it “plans to add more cargo aircraft to scale up SpiceXpress’ existing capacity and transform it into a fullscale freighter cargo service”.
The shareholders had voted in favour of this resolution.
Kenyan, Indian air cargo operators sign interline agreement
Kenyan dedicated air cargo operator Astral Aviation (Astral) and Indian carrier SpiceXpress (the air cargo operation of low cost airline Spicejet) have signed a cargo interline agreement. Described as a “pioneering” initiative, it will allow the expansion of both Astral’s Indian network and SpiceXpress’ African network.
Thanks to this interline agreement, there will be easier trade between India and Africa allowing movement of commodities at much more competitive rates in the respective markets as well as providing more scheduled frequencies of flights to the benefit of our customers and traders,
affirmed Astral CEO Sanjeev Gadhia. The agreement would allow Astral to expand its network to the Indian cities of Bangalore, Chennai, Delhi, Hyderabad and Mumbai.
sKART EXPRESS unveils first warehouse in Noida, in tie-up with SpiceJet
sKart Global Express, a brainchild of international freight forwarding firm Skyways, has launched its first deport in Noida in collaboration with SpiceJet for first and last-mile logistics solutions.
The association would benefit customers by adding more deliverable locations besides increasing the efficiencies by working on their strength which would enable them to enhance their capabilities.
sKart aims to provide the product as per customers’ requirement of speed & cost for each consignment with complete visibility & ease of making payment without any major contractual commitments thus enabling them to focus on their core job.
SpiceJet ties-up with Adani Ahmedabad International Airport Limited for seamless delivery of Covid-19 vaccine
With the launch of the biggest vaccination drive in India in the fight against Covid-19 pandemic, SpiceJet, the country’s favourite airline,
taken yet another step forward and signed a Memorandum of Understanding (MoU) with Adani Ahmedabad International Airport Limited (AAIAL) which operates Sardar Vallabhbhai Patel International Airport to provide seamless transportation of Covid-19 vaccine. As part of this association, AAIAL will handle the acceptance, warehousing of Covid-19 vaccines and provide temperature controlled facility,
plug points in the warehouse and airside and maintain the cold chain from acceptance to the airside and vice versa ensuring smooth handling of vaccines.
SpiceJet ties up with GMR arm for storage, delivery of Covid-19 vaccine
SpiceJet has signed an MoU with GMR Hyderabad Air Cargo (GHAC) for providing a seamless service to all vaccine manufacturers in the region.
SpiceXpress, the cargo arm of SpiceJet, is looking to provide efficient, speedy and reliable services for vaccine delivery, while also creating a sustainable cold chain network, said a company release. It aims to provide first-mile pick-up and last-mile delivery to carry Covid-19 vaccines across domestic and international markets in a temperature-controlled environment.
GHAC shall provide space for SpiceJet’s vaccine shipments besides training its personnel along with the airline for specific customer requirement. SpiceJet will keep a dedicated fleet of freighters including wide-body aircraft at Hyderabad airport to handle all domestic and international consignments.
SpiceJet signs MoU with GHAC for Covid-19 vaccine delivery from Hyderabad
SpiceJet said on Thursday it has signed an agreement with the GMR Hyderabad Air Cargo (GHAC) to ensure seamless delivery of the coronavirus vaccine from the Hyderabad airport to domestic and international markets.
Hyderabad and its surrounding districts have a number of pharmaceutical companies. The Hyderabad airport, which is managed and operated by the GMR group, is expected to be a key hub in transportation of Covid-19 vaccine domestically and globally.
In a press release, SpiceJet said as part of the Memorandum of Understanding (MoU), the GHAC will provide required space at the Hyderabad airport “on priority” for the airline’s vaccine shipments and it will also train the airline’s personnel.
SpiceJet ties up with GMR Hyderabad Air Cargo for storage, delivery of COVID-19 vaccine
Low cost carrier SpiceJet on Thursdayannounced that it has signed an MoU with GMR Hyderabad Air Cargo (GHAC), a GMR group company,for providing a seamless service to all vaccine manufacturers in the region. As part of this association, SpiceXpress the cargo arm of SpiceJet envisions to provide efficient, speedy and reliable solutions for vaccine delivery, while also creating a sustainable cold chain network.
SpiceXpress aims to provide the first mile pick up and last mile delivery to carry COVID19 vaccines across the domestic and international markets in a temperature controlled environment, a press release from the airlines said.
Under the MoU, GHAC shall provide available required space on priority for SpiceJet''s vaccine shipments besides training its personnel along with the airline for specific customer requirements.
SpiceJet inks MoU with GHAC for COVID-19 vaccine delivery from Hyderabad
New Delhi, Dec 24 (PTI) SpiceJet said on Thursday it has signed an agreement with the GMR Hyderabad Air Cargo (GHAC) to ensure seamless delivery of the coronavirus vaccine from the Hyderabad airport to domestic and international markets.
Hyderabad and its surrounding districts have a number of pharmaceutical companies. The Hyderabad airport, which is managed and operated by the GMR group, is expected to be a key hub in transportation of COVID-19 vaccine domestically and globally.
In a press release, SpiceJet said as part of the Memorandum of Understanding (MoU), the GHAC will provide required space at the Hyderabad airport "on priority" for the airline's vaccine shipments and it will also train the airline's personnel.
SpiceJet partners with GMR Hyderabad Air Cargo for COVID-19 vaccine delivery from the city
New Delhi, SpiceJet said on Thursday it has signed an agreement with the GMR Hyderabad Air Cargo (GHAC) to ensure seamless delivery of the coronavirus vaccine from the Hyderabad airport to domestic and international markets. Hyderabad and its surrounding districts have a number of pharmaceutical companies. The Hyderabad airport, which is managed and operated by the GMR group, is expected to be a key hub in transportation of COVID-19 vaccine domestically and globally.
In a press release, SpiceJet said as part of the Memorandum of Understanding (MoU), the GHAC will provide required space at the Hyderabad airport "on priority" for the airline's vaccine shipments and it will also train the airline's personnel.
"SpiceJet on its part will keep a dedicated fleet of freighters, including wide-body aircraft, at the Hyderabad airport to handle all domestic and international consignments," the release added.
SpiceJet ties-up with GMR Hyderabad Air Cargo for storage
As part of this association, SpiceXpress–the cargo arm of SpiceJet envisions providing a solution for vaccine delivery, while also creating a sustainable cold chain network.
SpiceJet signed a Memorandum of Understanding (MoU) with GMR Hyderabad Air Cargo (GHAC), the cargo division of GMR Air Cargo & Aerospace Engineering (GACAEL), for providing a seamless service to all vaccine manufacturers in the region.
As part of this association, SpiceXpress–the cargo arm of SpiceJet envisions providing a solution for vaccine delivery, while also creating a sustainable cold chain network. SpiceXpress aims to provide the first mile pick up and last mile delivery to carry Covid–19 vaccines across the domestic and international markets in a temperature-controlled environment.
SpiceXpress and OM Logistics Ltd. – Creating synergies for Vaccine movement
SpiceXpress, the largest cargo Airline in India has joined hands with one of the leading logistics companies, Om logistics to provide seamless solutions in transporting temperature-sensitive COVID - 19 Vaccine.
This strategic partnership is envisioned to not only provide a speedy and reliable solution for vaccine delivery but, to also create a sustainable cold chain network both, domestically and internationally.
SpiceXpress has its cargo network spread over 54 domestic and 40 international destinations, and with a current fleet of 15 dedicated freighter Aircraft in addition to its passenger aircraft fleet, it can carry over 500 tons of cargo per day.
Om Logistics Ltd has an extensive international and domestic presence, with its 1,200 offices world-wide and the ability to cater to more than 19,000 pin codes in India.
In the COVID-19 vaccine movement, Om Logistics Ltd will provide the refrigerated trucks to cover the first mile pickups and the last mile deliveries on pan India basis, while SpiceXpress with the introduction of The SPICE PHARMA PRO solution and robust ground handling infrastructure, will provide the secure and safe line haul for the extremely sensitive vaccines in controlled temperatures ranging from -40°c to +25°c.
SpiceJet eyes opportunity in adversity; big expansion plans in air cargo biz underway
Published by: New TIACA Trustee Member18 September 2020
From being at the edge of a precipice to becoming India’s favourite passenger airline and largest air cargo operator, it is not without reason that SpiceJet is likened to the proverbial phoenix and lauded as one of the greatest turnaround stories in aviation industry. It seems the airline company has now made overcoming adversities into a habit with its inherent resilience shining through.
It is well documented how the aviation industry suffered from the Covid-19 pandemic. However, what is not widely known is how SpiceJet braved the turbulence when some biggest global airlines collapsed during the pandemic and winged its way to become an astounding growth story by its sheer grit, determination, strong leadership, vision and innovation. Today, the airline is the country’s largest air cargo operator and has charted some serious growth plans, including offering door-to-door delivery for B2B clients.
Heavyweight Lifting: SpiceJet’s cargo business is not only generating cash and keeping the airline afloat but is also by far the biggest in the country today By Ashish Sinha
Published by: BusinessWorld22 May 2020
Every underdog has its day. Yes, low-cost carrier SpiceJet, which for most part trailed IndiGo in terms of markershare, is finally having its day under the sun, thanks to the success of its cargo arm SpiceXpress.
The cargo business is not just generating cash and keeping the engines running at a time when the aviation sector the world over is facing its worst existential crisis in decades, SpiceXpress has also become the country’s biggest cargo operator by taking advantage of the lockdown and growing every day. It has also helped SpiceJet to pay salaries for April to most of its employees.
“SpiceJet is India’s biggest air cargo operator today and the only domestic airline having a dedicated fleet of freighters,” says a beaming Ajay Singh, Chairman and Managing Director of SpiceJet.
‘Eliminate Excise, Bring ATF Under GST’
SpiceJet is India’s biggest air cargo operator and the only domestic airline which has a dedicated fleet of freighters.
Published by: BusinessWorld22 May 2020
The Indian aviation sector is in dire need of support if it is to emerge from the adverse effects of the lockdown. Ajay Singh, Chairman & Managing Director, SpiceJet tells Ashish Sinha of BW Businessworld that the government needs to act fast, and act now else Indian carriers may perish for good. Excerpts:
Would you say that two years of hard work on cargo has finally paid off?
There were a lot of doubts and questions on the viability of cargo operations in India when we launched SpiceXpress, our dedicated cargo arm, in September 2018. It was kind of a natural progression for SpiceJet. While our decision may have raised eyebrows then, it was a no-brainer for me. A country as big as ours definitely needed a big cargo operator. There was so much to be done. It has taken SpiceJet a lot of time and energy and of course a lot of investment to make SpiceXpress what it is today. It’s only recently that the national focus has shifted to cargo flights but we have been doing well for some time now.
SpiceJet Operates its First Cargo-on-Seat Flight From Chennai to Delhi with COVID-19 Supply Onboard
The first B737 passenger aircraft took off from Chennai and landed in Delhi and is expected to do five rotations today carrying crucial supplies.
midst a nationwide ban on international as well as domestic flights due to the 21-day lockdown,
SpiceJet operated its first cargo-on-seat flight carrying 11 tons of vital supplies in the passenger cabin and belly space..
The first B737 passenger aircraft took off from Chennai and landed in Surat and is expected to do five rotations today carrying crucial supplies.
The aircraft will operate from Chennai to Mumbai and from Mumbai to Delhi later on Tuesday with cargo on-board, it said.
Since the lockdown began, we have carried more than 1,400 tons of cargo operating around 200 domestic and international cargo flights.
SpiceJet overtakes Blue Dart in air cargo, IndiGo well ensconced at top
IndiGo had a market share of nearly 34 percent in the domestic cargo market in August this year, compared to 23 percent in the same period last year.
Just like in the passenger segment, IndiGo is building up a huge lead over its competitors in the domestic air cargo business. At the same time, SpiceJet is also on the fast lane, and has grown faster than most of its peers this year.
In fact, the Ajay Singh-led airline overtook Blue Dart in August to become the second largest in the air cargo segment.
Numbers from industry regulator DGCA show that IndiGo had a market share of nearly 34 percent in the domestic cargo market in August this year, compared to 23 percent in the same period last year.
SpiceJet agrees to start a cargo flight from Vizag
A team from AP Air Travellers Association (APATA) met the CEO of SpiceJet-Cargo Sanjiv Gupta and informed him of the huge cargo potential in seafood, pharmaceuticals and other commodities here on Saturday.
The team also met the Senior General Manager (operations) Rajesh H.Singh and Sanjeev Sharma Senior GM (cargo sales) along with Airport Director Raja Kishore, and sought dedicated cargo flights from Vizag Airport.
SpiceJet agreed to start a cargo flight from Visakhapatnam. The airline CEO also requested Visakhapatnam MP M.V.V. Satyanarayana to help get permission as they wanted to start the cargo flights operations from February 15.
The proposed route is Chennai –Vizag-Kolkata on alternate days and Chennai/Vizag/Surat on other days.
SpiceJet allowed to self-handle cargo, private firms fume
The order has been issued in accordance with ground-handling regulations,
2018 but has left some of the private airport operators miffed as this means loss of revenue for them.
NEW DELHI: The @Civil Aviation Ministry has allowed Ajay Singh-led @SpiceJet to carry out self-handing of cargo from "off-airport facilities", causing heartburn among private airport operators.
The order has been issued in accordance with @ground-handling regulations (GHA), 2018 but has left some of the private airport operators miffed as this means loss of revenue for them.
SHARJHA,HERE COMES OUR FREIGHTER FROM MUMBAI (INDIA)
We are proud to announce our new Freighter schedule for Freighter services between BOM-SHJ-BOM.
SpiceJet is the first Indian freighter to launch BOM-SHJ-BOM route.
Please book your cargo including general cargo, perishables including meat, valuables (currency and jewellery), pharmaceuticals, courier, Live animals.
Contact Us to know more: spicexpress@spicejet.com || +91-9999570570
Srinagar Cargo Operations Open!
Dear Valued Customer / Partner,
Please note that our Srinagar Cargo operations are open. Please continue using our services on this sector.
Both pick-up and deliveries can be done from/to Srinagar.
For any assistance you can contact our central customer service on +91 9999 570 570 or email on spicexpress@spicejet.com
I am happy that in a commendable humanitarian gesture @airindian along with private carriers like @indiGo6E, @flyspicejet & @airvistara have come forward to fly free of cost,the medicine cargo of nearly 39 tonnes to flood affected Karnataka
Organized by: ASSOCHAM at Hotel Leela Palace, Chanakyapuri, New Delhi.
SpiceJet on Friday said that it is going to start 12 new flights from the first week of October and 10 of these flights would be connecting Delhi with other cities.
The budget carrier announced the "on-boarding of Aurangabad as its 53rd domestic destination" with the introduction of a daily non-stop flight on Delhi-Aurangabad route from October 8.
Besides the new flight connecting Delhi and Aurangabad, SpiceJet has introduced new flights on the Delhi-Thiruvananthapuram and Kolkata-Ahmedabad sectors.
Best Domestic Airline of the Year award, 2019
Published by: Twitter20 July 2019
Civil Aviation Minister Sh. Hardeep Puri felicitating our CMD with the "Best Domestic Airline", 2019 award at 12th International Conference cum Awards Civil Aviation & Cargo.
Organized by: ASSOCHAM at Hotel Leela Palace, Chanakyapuri, New Delhi.
SpiceJet adds the 100th plane to the fleet, fourth domestic airline to do so
Published by: Livemint26 May 2019
No-frills airline SpiceJet Sunday announced the induction of a Boeing 737, taking its fleet size to 100 aircraft.
SpiceJet is the fourth domestic airline to achieve the feat after national carrier Air India, now defunct Jet Airways and rival IndiGo.
Eight domestic carriers - Air India, IndiGo, SpiceJet, GoAir, Air India Express, Vistara, AirAsia and Alliance together have 595 planes in their fleet at the moment.
Spicejet in a release said it has added some 23 planes in the last one month alone.
"Who could have thought that from the brink of closure in December 2014, SpiceJet would have a 100-aircraft fleet in 2019," SpiceJet chairman and managing director Ajay Singh said on the induction of 100th plane in the fleet.
First-ever SpiceFresh consignment to Hong Kong and Dubai from Guwahati on Monday.
Published by: The Economic TimesDec 31, 2018
SpiceXpress, SpiceJet’s dedicated cargo service, flagged off its first-ever SpiceFresh consignment to Hong Kong and Dubai from Guwahati on Monday. The company plans to start Stevia and Okra (Lady Finger) plantations in the region, primarily for exports.
Two flights each, consisting of 1000 kilograms of the fruit, took-off from Guwahati to Hong Kong and Dubai.
According to the company, the company will service Hong Kong with daily 18-tonne freighter flights split between Guwahati and Kolkata and both the Hong Kong and Dubai routes will be served using both SpiceXpress and SpiceJet aircraft.
The FIRST Indian Airline With Dedicated Cargo Service
Published by: The Times BusinessSeptember 25, 2018
According to SpiceJet’s Chairman and Managing Director Ajay Singh, this is an extension of its ‘belly cargo’ service to a ‘dedicated freighter’ with Boeing 737 aircraft.
The company believes that there was an enormous untouched market for air cargo services in India.
In a statement, SpiceJet’s chairman said, “freighter aircraft will be acquired on pure operating leases and haven’t incurred any major capital expenditure, while the ground operations will be either self-handled by the existing SpiceJet ground Infrastructure or shall be outsourced till we develop a certain scale of operations.”
