Now, airlines look at cargo to boost revenue

Bleeding Indian budget airlines plan to carry express cargo as they look at alternative revenue streams to boost their financials amid falling passenger fares.

Low-cost airlines such as Air Deccan, part of Deccan Aviation Ltd., SpiceJet Ltd. and GoAir expect package and document shipments to make up at least 10 percent of their revenue in their first full year of cargo operations.

GoAir recently launched cargo operations while SpiceJet hopes to start in the second half of 2007 and Air Deccan plans to lift on-board courier from February 2007.

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