SpiceJet sets up own portal and also joins forces with Amazon

Reading Time: 2 minutes Post Views: 2,675 In a strategic move, SpiceJet has ventured into the retail segment setting up an e-commerce portal called SpiceStyle. It is expected to rake in additional revenues worth Rs 150 crore in the very first year. The retail venture would help the airline in driving up its ancillary revenues in the midst of intense competition in the fast-growing domestic aviation sector. “The new venture will further boost SpiceJet’s ancillary revenue income which has grown from 6 per cent to around 17 per cent in the last two years,”…

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