look news india
SpiceJet: SpiceJet airline has decided to put 150 cabin crew members on leave for three months due to financial challenges. The decision has been taken amid ongoing difficulties over financial and legal issues. During the leave period, the affected cabin crew members will remain as employees. Their health benefits and earned leave will also remain intact.
On Thursday, an airline spokesperson confirmed that 150 cabin crew members would be put on unpaid leave for three months. “SpiceJet has taken the difficult decision to put 150 cabin crew members on temporary leave for three months,” the spokesperson said.
The move is aimed at coping with the current low travel season and reducing fleet size while keeping in mind the long-term sustainability of the organisation. Earlier in the day, the Directorate General of Civil Aviation (DGCA) announced that SpiceJet was being put under strict surveillance. The regulatory move underlines the airline's ongoing struggles and efforts to stabilise its operations.
The spokesperson assured that during the leave period, the affected cabin crew members will retain their employee status with all health benefits and accrued leave. “As we work to increase our fleet following the upcoming Qualified Institutional Placement (QIP), we look forward to returning our crew members to active duty,” the spokesperson added.
SpiceJet is actively looking for funding to improve its financial position. The airline aims to strengthen its fleet and overall operations through the upcoming Qualified Institutional Placement (QIP). The initiative is part of a comprehensive strategy to ensure long-term sustainability and growth.
The budget airline's decision reflects its efforts to cope with challenging times as well as its focus on future improvements and expansion. Despite the holiday, SpiceJet is committed to the well-being of its employees during this period.
The airline's proactive measures suggest a strategic approach to managing current difficulties while planning for future improvements. By maintaining employee benefits and planning fleet growth, SpiceJet aims to emerge stronger from this phase.
The incident highlights the broader challenges airlines face in maintaining operations during financial disruptions. SpiceJet's turnaround steps will be closely watched by industry watchers and stakeholders.
