Bogged down by debt and technical snags, SpiceJet to send 80 pilots leave without pay
Image Credit: FPJ
In June this year, half of SpiceJet’s flights were grounded for 8 weeks, following a DGCA order in response to technical snags. This only added to the budget airline’s woes, since it had been struggling to remain afloat due to rising costs and mounting debt. The domestic carrier reported a loss of Rs 1,725 crore in FY22, and now it has sent 80 of its pilots on unpaid leave for three months, till it can add new aircraft to its fleet.