SpiceJet signs MoU with Afghanistan Chamber of Commerce & IndustriesStaff Writer | September 18, 2018
SpiceJet, today signed a MoU with Afghanistan Chamber of Commerce and Industries (ACCI).
Asia SpiceJet operates dedicated air cargo services under the brand name SpiceXpress
The MoU was signed by Mr. Manjiv Singh, Chief Project Officer, SpiceJet Ltd. and Mr. Atiqullah Nusrat, Chief Executive Director, ACCI along with Mr. Ajmal Ahmady, Senior Advisor of the President of Afghanistan in banking and Financial Affairs.
In collaboration with ACCI and with the support of government of Afghanistan, SpiceJet will transport fresh fruits and dry fruits, carpets and other commodities from Kabul to different states of India at competitive prices, which will be subsidized by the Afghan Government
SpiceJet operates dedicated air cargo services under the brand name SpiceXpress. SpiceJet would be transporting these commodities from Kabul using its freighter aircraft to Indian metro cities and through its pan India passenger flight network would be distributing it to 47 cities in India.
The sustainable and on time access to the global markets is a vital need for Afghanistan.
SpiceJet is excited about the tremendous potential the logistics industry offers. There is a huge untapped market for air cargo services in India and a player like SpiceJet - with its low cost structure - is best suited to address this need.
SpiceXpress which starts operation from September 18, 2018, will function as a separate business unit under SpiceJet Limited. SpiceXpress has laid down a detailed plan covering both domestic and international routes. To begin with the air cargo operations will cover Delhi, Bengaluru, Guwahati, Hong Kong, Kabul and Amritsar.
The airline signed the MoU right after the induction of its first freighter aircraft, a Boeing 737-700. SpiceJet plans to have an air cargo fleet with the first four freighters scheduled to be inducted in FY 2019. ■