Latest SpiceJet HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on SpiceJet.
SpiceJet is navigating a high-stakes legal and financial crossroads. As of April , , the airlin...
SpiceJet, one of Indias leading budget carriers, has responded to growing concerns over delayed sal...
SpiceJet, Indias low-cost carrier, has successfully cleared all pending employee provident fu...
SpiceJet, one of India’s leading low-cost carriers, has reduced its workforce significantly in the fiscal year 2023-24. The airline, which has been grappling with financial challenges, announced the layoff of nearly 1,400 employees, translating to about 15% of its workforce. SpiceJet Financial Struggles and Cost-Cutting Measures SpiceJet’s decision to downsize its workforce is part of […]
In a significant development, crisis-hit SpiceJet, which has been grappling with financial challenges, recently made significant strides in addressing its outstanding obligations. The airline, having raised Rs 3,000 crore through a Qualified Institutional Placement (QIP) of shares, announced that it has successfully cleared several key dues. SpiceJet Financial Woes: Salary, GST Dues Cleared and Provident Fund […]
SpiceJet, the Indian low-cost carrier, has emerged from the brink of collapse with a much-needed financial lifeline. The airline successfully raised Rs 3,000 crore through a Qualified Institutional Placement (QIP), drawing interest from global investors, including marquee names like Goldman Sachs and Morgan Stanley. This fresh infusion of capital is a critical step in SpiceJet’s […]
The Employees’ Provident Fund Organisation (EPFO) has recently made headlines by recovering ₹61 crore in provident fund dues from SpiceJet, a prominent player in India’s aviation industry. This development sheds light on the financial health of the airline and its commitment to meeting its obligations toward employees. EPFO vs. SpiceJet: Background SpiceJet, like many other […]
In celebration of Pride Month, SpiceJet, India’s favorite airline, has implemented a significant change to its airport and in-flight announcements, promoting a more inclusive travel experience for all passengers. This initiative aligns with SpiceJet’s constant efforts and commitment to diversity and inclusion and demonstrates its support for the LGBTQI+ community. Effective Friday, June 28th, the […]
According to the reports of the ET, An Indian low-cost airline, SpiceJet will sack nearly 1400 employees to save costs. However, according to company statements, “There aren’t any funding delays and we are progressing well with our fund infusion and have already made our public announcements accordingly,” the spokesperson said. “We will be making additional […]
According to CNBC Report, The second largest airline in India, SpiceJet has not deposited Employees’ Provident Fund (EPF) for 18 months in a major default and non-compliance with norms. The company has also not deposited Tax Deducted at Source (TDS) for employees since FY23. SpiceJet hasn’t cleared payments to various vendors and has been delaying salaries […]
An Indian budget airline, SpiceJet has completed 18 years of flying. The airline commenced its first commercial flight on May 23, 2005, flying from Delhi to Ahmedabad. The company will hike the salary of the captains to Rs.7.5 lakhs per month for flying 75 hours. Apart from this, as part of its ongoing 18th-anniversary celebrations, the […]
