Spicexpress

SpiceXpress and Logistics partners with Ekart

As part of this partnership, Ekart will provide first-mile pickup of cargo shipments and will also help deliver them through last-mile connectivity across all serviceable pin codes in the country, SpiceXpress said in a statement.

SpiceJet subsidiary SpiceXpress to get $100 million from UK group

SpiceJet, which is facing financial headwinds and an insolvency plea by an aircraft lessor, had recently hived off SpiceXpress.

SpiceJet’s turbulent journey takes interesting turn

The hive-off of SpiceXpress, the logistics arm of SpiceJet, is being seen as a move in the right direction. A JV or FDI in the cargo biz could turn out to be the game-changer for the much-battered airline.

SpiceJet's $100 mln debt rejig: Carlyle Aviation to buy stakes in airline, SpiceXpress

As it faces multiple headwinds, the no-frills carrier will also tap the Qualified Institutional Buyer (QIB) route to raise up to Rs 2,500 crore.

Is there a special situation trade in SpiceJet’s proposed cargo arm hive-off?

SpiceJet is the largest cargo airline in the country. It is the profitability of the division that the company management wants to capitalise on

SpiceXpress to be hived off from SpiceJet by first week of August: CMD Ajay Singh

SpiceJet had on August 17 last year announced it was transferring its cargo and logistics services on a slump sale basis to its subsidiary SpiceXpress as it will allow the company to raise funds independent of the budget carrier and rapidly grow.

SpiceJet, curiously, is not flying metro routes. Why is that?

The airline has delayed Q4FY22 and full-year FY22 results citing a ransomware attack so the latest financials are not known. But in the third quarter—the best post-COVID lockdown—the airline clocked a revenue of Rs 2,259 crore.

SpiceJet’s air cargo spin-off first step in building a logistics chain

Spicejet’s decision to spin off the cargo business helps it raise capital during a difficult period for the passenger business

MC Explains | Why SpiceJet is hiving off its cargo business to subsidiary SpiceXpress

For SpiceXpress, this could mean the possibility of partnerships with global players in a market that is growing by leaps and bounds, thanks primarily to e-commerce. SpiceXpress will operate as a separate entity, but SpiceJet will continue to provide certain transportation services, ground and logistics support, management services, etc, assuring the latter of some steady business

SpiceJet seeks shareholders' nod to raise up to Rs 2,500 crore via QIP, transfer logistics business to SpiceXpress

SpiceJet Chairman and Managing Director Ajay Singh has said the company was “making efforts” to further strengthen the logistics business.

SpiceJet freighter division launches real-time tracking service

The service will be available to both door-to-door domestic cargo as well as airport-to-airport domestic services, SpiceJet said in a release.

Her father's daughter: Avani Singh focuses on the low-cost model of Ajay Singh's SpiceJet to disrupt COVID-19 testing market

Avani, daughter of SpiceJet Chairman & MD Ajay Singh, is the CEO of SpiceHealth

MyLogistics training 500 SpiceXpress employees on cold chain vaccine handling