SpiceJet's cash crunch deepens: Many pilots unpaid since March, airline seeks emergency loan

AI Summary

SpiceJet is experiencing severe financial difficulties, with many pilots and employees unpaid since March. The airline is seeking an emergency government-backed loan amid operational challenges and impacts from the Middle East crisis.

SpiceJet pilots and employees are still awaiting salaries owed since March, as the airline seeks an emergency government-backed loan. Internal messages reveal significant financial strain, with employees struggling to manage daily expenses. The airline acknowledges payment delays, attributing them to operational challenges and the Middle East crisis.