No job cuts at SpiceJet; will pay part salaries to majority of employees due to coronavirus lockdown

Budget carrier SpiceJet has said that there will be no job cuts at the airline even as aviation remains one of the worst hit sectors due to coronavirus lockdown. The company will also pay part of salaries to over 92% employees in April while its primary revenue source is drying up, the company said in a statement on Thursday. With India imposing flight restrictions and travel bans in the wake of coronavirus, no passenger flights have operated for over a month now and there is still no date in sight as to when airlines can start flying their airplanes again.

“While a number of airlines the world over have been forced to retrench employees and withhold salaries, SpiceJet with its limited cargo operations during the lockdown period, will pay part salaries to over 92% of its employees,” the company said. The salaries are expected to credit on the first day of May itself. To ensure that the company is paying the majority of its employees during this complete lock-down situation, SpiceJet will pay according to the work hours contributed while maintaining basic thresholds.