SpiceJet sends 80 pilots on leave without pay for 3 months

NEW DELHI: SpiceJet Sent 80 pilots – 40 Boeing 737s and multiple Q400s – on unpaid leave for three months as the airline is running a garbled flight schedule and so far has not seen any refinancing .
The air Earlier this summer, the regulator cut low-cost carrier flights in half from approved schedules and has ordered any scaling up to be allowed only when SpiceJet show they have enough money to do it safely.
The airline currently operates about 300 daily flights with almost 50 aircraft and 800 pilots, with employees not receiving their PF for months now, as well as the Form 16 of the most recent fiscal year up until now. Aviation sources say even pilots who are not given unpaid leave are “receiving a portion of their pay with uncertainty about when the same amount will be credited to their accounts, and no word on their TDS or PF.”
A SpiceJet spokesperson said: “In an interim measure to streamline costs, SpiceJet has decided to put some pilots on unpaid leave for a period of three months. This measure, in line with SpiceJet’s policy not to lay off any employees…, will help streamline pilot power relative to the fleet. In 2019, SpiceJet introduced more than 30 aircraft (old aircraft) after the 737 was grounded MAXIMUM aircraft.
The airline has continued with its planned pilot referral program in the hopes that the MAX will be back up and running soon. However, the prolonged grounding of the MAX fleet resulted in a large surplus of SpiceJet pilots.
“We will introduce the MAX aircraft shortly and these pilots will return to service once the launch begins…. Even after laying off some pilots without pay, SpiceJet will still have a sufficient number of pilots to operate on its schedule and when DGCA restrictions on flights are lifted,” the spokesperson said. said more.
SpiceJet has said since last winter that it will offer more B737 MAXs but hasn’t had a single MAX since. Industry sources said the delay was mainly due to the airline’s alleged inability to finance the purchase of more aircraft.
SpiceJet promoter Ajay Singh has been negotiating a share sale with various players over the past few months to raise funds to keep the airline afloat.
So far, however, no refinancing has occurred and the airline has come to a rescue in the form of an ECLGS loan. Several Indian airlines are currently struggling to survive amid competition from well-funded major carriers such as the four carriers of the Tata Group and IndiGo. The newly joined Akasa is also rapidly ramping up operations by maneuvering planes on a schedule.

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