SpiceJet separates its cargo and logistics businesses.

April 1, it has divided its SpiceXpress cargo and logistics operations into a distinct company called SpiceXpress and Logistics Pvt Ltd.

SpiceJet reports a one-time gain of Rs 2,555.77 crore as a result of the transaction.

SpiceJet has completed the separation of its SpiceXpress cargo and logistics operations into a distinct company.