Steps SpiceJet took to shift focus from passengers to products in lockdown

It roughly needs around $5 million to convert a Boeing 737 and around $1.5 to convert a Q400 from a passenger aircraft to a cargo aircraft

Unable to fill planes with passengers as the coronavirus-induced lockdown destroyed travel demand, SpiceJet turned its entire attention to cargo to cover at least part of its fixed costs. The logic was simple: If nothing else, there would be an opportunity to ship medicine and medical gear and even fruits and vegetables at a time when just about every cargo freighter that could fly was already maxed out.

The result: Between March 25 and June 12, the airline operated close to 2,360 cargo flights and transported over 16,700 tonnes. With demand picking up, it recently converted three of its Bombardier