Indian airline SpiceJet has delayed pilot salaries since March, internal messages reveal, as the carrier seeks an emergency government-backed loan to stabilize its operations.

ts long-standing financial troubles have been worsened by the Middle East conflict, which has pushed up fuel prices and restricted airspace access ...

SpiceJet has delayed pilot salary payments for months as it seeks government-backed funding to ease a cash crunch. The ...

Once India's second-largest domestic carrier with a 15% market share in 2019, SpiceJet has since plummeted to fourth place, holding just 3.4% of the market.

SpiceJet had 375 pilots as of March and has had salary payments pending for several months, according to two pilots and a ...

SpiceJet has said that employee payments are being disbursed in a phased manner, but there is no funding crunch. Additionally ...

SpiceJet is facing mounting financial pressure as delayed pilot salaries, shrinking market share and rising operational costs ...

Funding efforts come as the airline battles liquidity constraints, declining market share and delayed employee payments ...

Internal communications reviewed by Reuters show many SpiceJet pilots have faced salary delays since March, as the airline ...

https://www.thehindubusinessline.com/economy/logistics/spicejet-funding-crunch-delays-pilot-pay-messages-show-as-it-seeks-state-backed-loan/article71079347.ece Copy ...

Oil prices slumped to two-month lows on expectations of an impending agreement, which further boosted the bullish sentiment ...

Thunderstorm and heavy winds lashed Delhi on Tuesday night, forcing the diversion of 15 incoming flights during the period to ...