Financial troubles force Spicejet to place 150 crew members on Furlough

Despite the furlough, the affected cabin crew will remain on the company’s employee roster, retaining their health benefits and accrued leave. The airline is actively seeking funds to improve its financial situation and expand its fleet. “We are working towards enhancing our fleet through a qualified institutional placement (QIP) and look forward to reactivating our crew members once conditions improve,” the spokesperson added.

Earlier in the day, the Directorate General of Civil Aviation (DGCA) announced that SpiceJet is now under enhanced surveillance.