NEW DELHI: Amid the coronavirus-induced lockdown, SpiceJetNSE 4.19 % said on Thursday its primary revenue source is drying as no passenger flights have operated for over a month and therefore it will pay part salaries to over 92 per cent of its employees in April.
In a press release, the budget carrier said it has decided that there would be no job cuts at this time.
“As a fair measure to cater to the requirement of our employees during this complete lockdown situation, the company has devised a structure where all employees will be paid according to the work hours contributed while maintaining basic thresholds,” SpiceJet noted.