SpiceJet eyes cargo business

New Delhi: As part of its diversification plans, low-cost airline SpiceJet is aggressively looking at cargo business and has already started putting in place the necessary infrastructure.
“We are aggressively going behind cargo business. For that we are developing our own infrastructure at various ports, our own x-ray machines and other set up,” SpiceJet executive chairman Mr Siddhanta Sharma said.
He said SpiceJet had already won the bid for India Post courier contracts along with Jet Airways. The airline has been carrying courier for some time and now wants to augment its revenue from the cargo segment.
“Our aircraft can carry about two ton of cargo and we are operating about 120 flights per day, which means we can carry 240 ton every day. We are doing 60-70 ton of courier every day, so we can carry about 180 ton more,” Mr Sharma said. For the next financial year, the airline has set a target of earning three per cent of the total revenues from cargo business.
03/03/08 Press Trust of India/The Statesman

To Read the News in full at Source, Click the Headline

Categories: Cargo Mar 2008, New Mar 2008, SpiceJet Mar 2008