InvestorQ : Why has SpiceJet laid off over 80 pilots?
Deepa Salunkhe made post

Why has SpiceJet laid off over 80 pilots?

Arya Nanda answered.
2 weeks ago

The 80 pilots have not been laid off but it is true that close to 80 pilots who operate the Boeing 737 and the Bombardier Q400 fleet have been placed on 3-months leave without pay. Clearly, this move is intended to cut costs and in the process allow SpiceJet to rationalize pilot costs as per the permitted size of the fleet.

It may be recollected that after a series of near misses, only half fleet was allowed to fly by the DGCA. SpiceJet now operates at 50% capacity vide DGCA order issued on 27th July. During this observation period, SpiceJet has to demonstrate flight-worthiness and also subject its activities to enhanced surveillance.