CronoDekar
First Post
It is an inference, but one of the things I think is added that helps make it clear is the quote from MM 312 is "(Note that medium armor does not necessarily constitute a medium load)." Since having medium armor and a medium load both normally affect speed the same way, it would be odd that they would bother making this note.
Additionally, DMG 205 lists alternate paladin mounts. The first note for the table says "A creature capable of flying as well as ground-based movement uses the carrying capacity on the first line of its entry if it is flying. If it is not flying, the carrying capacity on the second line of its entry applies." Looking at, for example, the Hippogriff, its light load is 300 lb and its max load is 900, which matches up with the table figures.
I think the fly spell is mainly meant as the exception, primarily so the caster isn't limited to only being able to effectively casting the spell on those with a light load in the party.
Additionally, DMG 205 lists alternate paladin mounts. The first note for the table says "A creature capable of flying as well as ground-based movement uses the carrying capacity on the first line of its entry if it is flying. If it is not flying, the carrying capacity on the second line of its entry applies." Looking at, for example, the Hippogriff, its light load is 300 lb and its max load is 900, which matches up with the table figures.
I think the fly spell is mainly meant as the exception, primarily so the caster isn't limited to only being able to effectively casting the spell on those with a light load in the party.