Thursday, September 06, 2018

IndiGo, SpiceJet eye cargo business

IndiGo and SpiceJet are looking at transporting cargo to boost their income, as passenger revenue of airlines remain stressed due to competition.

SpiceJet is adding freighter aircraft to tap the market, while IndiGo, India’s largest carrier by market share, plans to ferry perishable cargo in the belly of its planes.

“To start with, we are looking at perishable cargo like crabs from Chennai, fish from Kerala and betel nuts from Kolkata and transport them to the other parts of the country,” said an IndiGo executive, who did not want to be named.
There is a market for crabs in Kolkata, for betel nuts in the Northeast and for fish from Kerala in the Northern part of the country, he said.
A SpiceJet executive said the airline would provide end-to-end solutions to companies that use its freighter service.
06/09/18 Mihir Mishra/Economic Times