SpiceJet plans to benefit from ecommerce boom with big cargo push
SpiceJet has readied plans to cash in on the ecommerce boom, as the nofrills carrier looks for new streams of revenue after a near-death experience more than a year ago. The Gurgaon-based airline plans to buy 100 mini trucks and open as many as 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 ecommerce platforms. SpiceJet, which is the first airline to plan such a move, will use the mini trucks, all Tata 407s, to provide connectivity between warehouses and airports. The infrastructure will provide the much-needed backbone to its air cargo plans.