Mumbai: SpiceJet wrote to its pilots on Friday stating salary disbursal process will be affected as Directorate General of Civil Aviation (DGCA) has asked it to stop selling tickets beyond one month thus affecting their cash flows. The airline has already been ordered by the DGCA to clear salaries by December 15.
For the first time in the history of SpiceJet, salaries were delayed for this month. "For certain technical reasons that cannot be described in an email (but related to ongoing restructuring, recapitalization, and balance-sheet clean-up related activities), salaries will be delayed by approx. one to three working days, depending on pay grade," chief operating officer Sanjiv Kapoor had then written to its employees.
14/12/14 Aditya Anand/Mumbai Mirror
To Read the News in full at Source, Click the Headline
For the first time in the history of SpiceJet, salaries were delayed for this month. "For certain technical reasons that cannot be described in an email (but related to ongoing restructuring, recapitalization, and balance-sheet clean-up related activities), salaries will be delayed by approx. one to three working days, depending on pay grade," chief operating officer Sanjiv Kapoor had then written to its employees.
14/12/14 Aditya Anand/Mumbai Mirror
