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SpiceJet to carve out SpiceXpress as separate unit

Combination carriers perpetuate age-old question of what to do with freighter divisions

Jeff Lee by Jeff Lee
August 17, 2021
in Freighter Aircraft, News Archives, Strategy
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India-based SpiceJet intends to spin off its cargo unit and is seeking shareholder consent to transfer its entire logistics business to SpiceXpress. The airline is also seeking approval to enter into transactions with SpiceXpress after the transfer for transportation services, ground handling and management services, and to transfer or dispose of shares in SpiceXpress after […]

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Tags: 737-700F737-800FPremiumSpicejet
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