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Low-cost carrier SpiceJet plans to enter into major commercial partnerships with two US companies, including an American airline, said Ajay Singh, chairman and chief executive officer.
"We are exploring an alliance with a major international carrier and" Singh also told reporters on the sidelines of the annual Leadership Summit of the Strategic and Partnership Summit between India and the United States (USISPF). As you know, aviation is a pretty risky business. "The airline's chief stated that SpiceJet was working to diversify its business beyond aviation.
While SpiceJet has performed very well over the last three years in terms of profitability, in terms of load factor, stock market performance and expansion, Singh said, "We need to protect ourselves from risk to be in a pure aviation company and find companies that are related to aviation, which would be a little more isolated from salvation "
" So we are looking at new areas . We will make announcements in a timely manner. We believe that there are important strategic partnerships that we can conclude and that we will announce them soon.
Refraining from naming his partner companies in the United States, with whom he intended to enter into an agreement, Singh said he was looking in the technology sector
"We believe that Is an important space to be in the digital and technological space.We want to be in the field of freight, mail and logistics.We think that this is going to be an important part of the business. of SpiceJet, "said Singh, noting that it would be the" first "for an Indian airline.
Expansion of SpiceJet in the United States is not currently under consideration, adding that the company is looking more closely at collaboration in terms of improving operational performance, finding a new technology for improve the consumer experience.
There would be a strategic understanding with US companies in the freight and courier business. says, describing it as a logistics company rather than courier.
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