SpiceJet sets up subsidiary to sell consumer merchandise

Mumbai, July 28 (IANS) Budget passenger carrier SpiceJet on Wednesday said that it has incorporated a wholly owned subsidiary "SpiceJet Merchandise Private Limited".

According to the budget passenger carrier, the wholly owned subsidiary shall engage in the business of consumer merchandise and goods.

"The company has incorporated a wholly owned subsidiary namely "SpiceJet Merchandise Private Limited" which shall engage in the business of consumer merchandise and goods that will include electronic items, readymade apparels, accessories," the company said in a regulatory filing to the BSE.

The low cost carrier (LCC) added that the new subsidiary shall sell its products through various channels such as in-flight sale, online platform, airport shops and retail outlets.