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AUGUST 2024

Week 33

News

India’s stock exchange queries SpiceJet’s financial standing

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August 14th 2024

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The Stock Exchange of India has asked SpiceJet to clarify its operating position after a media report said the Mumbai LCC had delayed payment of due June salaries to staff. Read More » India's Economic Times said some SpiceJet employees had not yet been paid because of “pressing operational financial commitments”. However, in an email to pilots from the airline's vice president of flight operations, Virendra Malhotra, the carrier said salaries owed will be paid shortly.

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