SpiceJet starts cargo operations

New Delhi, May 12 (UNI) SpiceJet, a low-cost airline, today launched its cargo operations and plans to raise Rs 50 crore from it during the current fiscal.

''The cargo service starts with eight cities, including metros, and will cover the entire network by September,'' SpiceJet Chief Commercial Officer Samyukth Sridharan said in a statement.

With the new generation Boeing 737-800/900ER fleet, SpiceJet can carry between two tonnes to 3.5 tonnes of cargo on each of its flight.

The airline operates 118 flights daily to 16 key destinations and can offer a capacity of about 350 tonnes a day.

''Our venture into cargo operation is in line with our strategy to increase our ancillary revenues to 7 per cent by the end of fiscal 2008,'' Mr Sridharan said.

UNI YJ PDT HT1925