E-commerce boom perks SpiceJet cargo
With a booming e-commerce market, SpiceJet plans for a big push in the cargo business. The airline plans to buy 100 mini trucks and open around 40 warehouses across the country to provide fast delivery options to the click-happy Indian consumer who increasingly buys everything from groceries to expensive gadgets from e-commerce platforms.
The airline is planning to launch a door-to-door cargo delivery service as it seeks to explore other revenue streams amid a turnaround plan. With an eye on steady revenue flow, SpiceJet plans to focus more on the cargo and ancillary business in line with many global carriers.