SpiceJet dives into air cargo space; analysts say it may unleash price war

The airline on Monday inducted its first freighter to foray in air cargo services

Ajay Singh-owned SpiceJet on Monday took a big bet on the booming e-commerce market of India and dived into the air freighter business. The airline, which will have a separate division for the freighter business under the brand name SpiceXpress is betting on the increasing popularity of next-day delivery services that e-commerce players like Flipkart and Amazon are offering to customers.

“E-commerce is a big driver behind our foray into the freighter business. With next day delivery services of Amazon, Flipkart delivering high-value goods and equipments, there is a need for a freighter airline, which can offer time-specific services,” Ajay