Cargo coming to the rescue of airlines?
Cruising Heights|December 2022
It seems that air cargo is having some of its best times in India and coming to the rescue of airlines in the country, which are fighting financial challenges as passenger's arms are struggling.
Cargo coming to the rescue of airlines?

Experts claim that air cargo capacity in India is growing, due to an influx of cargo-only start-ups, led by Delhi-based Pradhaan Air Express and Chennai-based Afcom Holdings. Global express logistics leaders like UPS and DHL have also strengthened services at airports, including second-tier locations, to keep pace with growing airfreight (export and import) volumes.

Suffering from long-running cashflow problems, SpiceJet is hopeful that recent vendor debt payments and cargo expansion will help it return to stability. SpiceJet's cargo arm, SpiceXpress, which is operating five narrowbody freighters, continues to stay in the black, reporting a net Q2 profit of $2.6 million, versus $9.2 million a year ago, with cargo loads pegged at 27,675 tonnes.

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