SpiceJet delays June salaries amid pressing financial issues
SpiceJet has delayed the June salaries further to a section of its employees, citing «pressing operational financial commitments».
In an email to pilots sent on Thursday, Virendra Malhotra, vice president of flight operations at SpiceJet said the salaries, which have been «delayed...this month (June) beyond expectations» would be disbursed «shortly». ET has seen a copy of the letter.
The carrier that has been grappling with financial challenges for some time said it is seeking a «decent bridge funding» to stabilise operations and once that comes in, things should start looking up. «Meanwhile we at flight ops appreciate your support and patience and look forward to your unwavered cooperation,» the letter said.
In response to ET, a company spokesperson said the airline was already paying salaries to first officers and over the next few days, captains too would be paid salaries.
Last month, multiple employees had said that their salaries had not been credited, and that provident fund dues for several months remained unpaid, as ET reported. A SpiceJet spokesperson said at the time that the salaries were being disbursed in phases, and that 95% of the employees had received their June pay, and the remaining would be getting it over the next few days.
This was not the first instance of delayed salaries; the company had adopted a similar phased disbursement approach post-Covid. Despite raising over Rs 1,000 crore in the past year, SpiceJet continued to face financial difficulties.
The airline had previously announced
