Financial troubles force Spicejet to place 150 crew members on Furlough
SpiceJet Flights Return Empty from Dubai Amid Financial Turmoil
New Delhi: Facing significant financial challenges, SpiceJet has announced a three-month furlough for 150 of its cabin crew members. The budget airline is currently operating with a reduced fleet of approximately 22 aircraft due to ongoing financial, legal, and lessor issues.
An airline spokesperson confirmed on Thursday that the furlough, which will be unpaid, is a response to the current downturn in travel demand and the reduced size of its fleet. “SpiceJet has made the tough decision to temporarily furlough 150 cabin crew members for three months. This measure is necessary due to the low travel season and our reduced fleet, and is aimed at ensuring the long-term stability of the company,” the spokesperson said.
Despite the furlough, the affected cabin crew will remain on the company’s employee roster, retaining their health benefits and accrued leave. The airline is actively seeking funds to improve its financial situation and expand its fleet. “We are working towards enhancing our fleet through a qualified institutional placement (QIP) and look forward to reactivating our crew members once conditions improve,” the spokesperson added.
Earlier in the day, the Directorate General of Civil Aviation (DGCA) announced that SpiceJet is now under enhanced surveillance.
