SpiceJet pilots withdraw resignations

SpiceJet has said twelve pilots who quit last year have withdrawn their resignation as the airline has resumed timely payment of salaries.

The airline has around 450 pilots. Over 40 pilots quit the airline last November as the airline cut down its fleet and struggled in paying employee salaries and vendors due to a cash crunch. Pilots need to serve a six months notice period and the airline had even waived notice period for those who wanted to exit immediately.

“We can confirm that twelve pilots have withdrawn their resignations. Staff salaries too are being paid on time. We will be inducting seven Boeing 737 planes on lease in the next two months,” said a SpiceJet spokesperson.

The airline has a fleet of 17 Boeing 737s and 15 Bombardier Q400s and operates about 210 flights daily. It plans to raise the number of daily flights to 280 in the summer schedule.

SpiceJet underwent a change of management in January with founder Ajay Singh taking over reins from Sun Group. Singh, along with other investors, has infused Rs 400 crore into the airline to help it clear dues and is expected to invest Rs 1,400 crore by April-end.