Delhi HC summons SpiceJet CEO, COO after failure to pay lessors
The bench "specifically denied" the request of the counsel for judgment debtor, SpiceJet, for the appearance of the two senior officers before the court through video conferencing.
The bench "specifically denied" the request of the counsel for judgment debtor, SpiceJet, for the appearance of the two senior officers before the court through video conferencing.
In two separate incidents, flights operated by SpiceJet and another private airline were forced to make emergency landings after encountering technical issues mid-air on Monday.
So far this fiscal, it has cleared Rs 600 crore pending dues, including salaries, GST liabilities, and PF contributions, the company said.
The airline had been under additional scrutiny due to financial issues and flight cancellations.
Domestic airline SpiceJet said here on Friday that it has cleared all GST dues of around Rs 71 crore, days after raising Rs 3,000 crore through Qualified Institutional Placement (QIP).
SpiceJet has restructured over $100 million outstanding dues to Carlyle Aviation Partner, into equity shares and compulsorily convertible debentures (CCDs).
A senior DGCA official said that SpiceJet can operate at full capacity from October 30 onwards. During the 'Enhanced surveillance' period, SpiceJet has shown improvement in their operations, said an official. On September 21, DGCA had extended flight capacity restrictions on SpiceJet till October 29.
SpiceJet has announced a revised salary structure for its Captains increasing their monthly remuneration to Rs 7 lakh a month for 80 hours of flying.
SpiceJet has announced around 20 per cent hike in salaries for the pilots come this October, sources told ANI. This latest upward revision in salaries follows a 6 per cent hike announced last month.
Earlier on July 27, reviewing the reply of Spicejet on show cause notice, the DGCA had restricted the airline to operating only 50 per cent of flights for eight weeks.
