SpiceJet to temporarily place 150 cabin crew members on furlough for three monthsSpiceJet has temporarily furloughed 150 cabin crew members for three months due to financial troubles and a reduced fleet size. The airline...
29 Aug, 2024, 10.09 PM IST
SpiceJet delays June salaries, says disbursing in 'phased way'SpiceJet in Mumbai has delayed June salary payments and previously defaulted on provident fund contributions. Despite the situation, SpiceJ...
31 Jul, 2024, 09.49 AM IST
SpiceJet shares fall over 4% as investors remain apprehensive of fund infusionCash-strapped SpiceJet is short on liquidity, and investors are apprehensive about fund infusion, CNBC-TV18 said, citing sources. Additiona...
14 Feb, 2024, 12.03 PM IST
SpiceJet set to lay off 1,400 employeesStaff cuts have become necessary because of the carrier's ₹60 crore salary bill, said people with knowledge of the matter. "People have alr...
12 Feb, 2024, 12.26 AM IST
SpiceJet announces steep salary hike for pilots ahead of Diwali"Captains' salaries revised to INR 7 lakh-a-month for 80 hours of flying. SpiceJet has been revising pilot salaries on a monthly basis; sal...
19 Oct, 2022, 02.06 PM IST
SpiceJet deposits TDS of employees for 2021-22 fiscalSpiceJet posted a net loss of Rs 789 crore for the June quarter as well as Rs 458 crore for the quarter that ended in March 2022. The carri...
07 Oct, 2022, 10.58 PM IST
SpiceJet sends 80 pilots on 3-month Leave Without PaySpiceJet will send around 80 pilots on Leave Without Pay as the airline finds itself with excess pilots. Sources said that around 40 pilots...
20 Sep, 2022, 11.57 PM IST
SpiceJet makes payments in a "graded format" and delays salaries for a second consecutive monthEmployees at SpiceJet claimed on Wednesday that their salaries had been delayed for the second consecutive month despite the low-cost airli...
31 Aug, 2022, 06.36 PM IST
Mid-air malfunctions come on top of SpiceJet’s financial woesSpiceJet, known for naming its aircraft after the aromatics used to flavor food, has struggled in India’s cut-throat aviation market -- the...
18 Jul, 2022, 12.29 PM IST
Akasa Air plans to hire 350 cabin crew and pilots by March 2023Akasa Air is out in the market to hire about 300-350 cabin crew members and pilots by March 2023.
22 Feb, 2022, 12.40 AM IST
SpiceJet announces 10-30% cut in March salary for all employeesEmployees will take 10-30% deductions in their March pay. SpiceJet chairman Ajay Singh will take a 30% pay cut. IndiGo, India's largest air...
31 Mar, 2020, 04.14 PM IST
Around 260 pilots of Jet Airways appear for SpiceJet interview in MumbaiJet’s pilots, aircraft engineers and senior management have three-month salary dues.
21 Mar, 2019, 11.10 AM IST
Jet Airways pilots look to board SpiceJet as IndiGo captains seek to abort their entryJet pilots were earlier wooed by IndiGo with compensation for their pending salaries and other benefits.
21 Mar, 2019, 06.13 AM IST
SpiceJet plans to raise Rs 300 crore debtIn a filing to the stock exchange on Thursday, SpiceJet said it plans to expand its fleet by 40 per cent to 50 planes by March 2016.
22 May, 2015, 04.00 AM IST
SpiceJet promoters to infuse another Rs 300 crore into the airlineThe board has also approved a plan of increasing the fleet size of the airline to 50 aircraft by the end of March 2016.
22 May, 2015, 01.25 AM IST
SpiceJet plans to rightsize workforce to match fleetIt will take "tough decisions" if need be, to rightsize its workforce to suit its reduced fleet, its chief operating officer said yesterday.
05 Feb, 2015, 10.39 AM IST
Signs of turnaround: SpiceJet goes for a 10% pay hike after 3 yearsSpiceJet increased salaries of pilots & crew after three years, a move which may give investors hope that all is not bad with the loss-maki...
08 Aug, 2014, 08.42 AM IST