Quick Summary
SpiceJet announced on Friday that it has cleared all pending salary and GST dues, following the recent infusion of ₹3,000 crore through a Qualified Institutional Placement (QIP) of shares on September 23. The airline, which has been grappling with financial difficulties and legal challenges, has also deposited ten months' worth of provident fund (PF) dues. According to a spokesperson, the airline made swift progress in the first week after raising funds, addressing key financial liabilities. Th
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FAQ :
SpiceJet has cleared four months of pending salaries and all Goods and Services Tax (GST) dues. They have also deposited ten months' worth of provident fund (PF) contributions.
The airline was able to clear these dues following an infusion of ₹3,000 crore through a Qualified Institutional Placement (QIP) of shares.
Yes, SpiceJet announced that it has cleared all pending salaries.
SpiceJet has reached settlements with several aircraft lessors, which is a crucial step for rebuilding its fleet.
SpiceJet plans to introduce new aircraft and expand its route network to strengthen its position in the aviation market.
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