SpiceJet announces a 20% salary hike for pilots, reports say

Budget carrier SpiceJet has announced a 20% salary hike for pilots from October, ETNow reported on Thursday. SpiceJet reportedly received the first tranche of Emergency Credit Line Guarantee Scheme (ECLGS) payment of around Rs 125 crore last week.

The Gurugram-headquartered airline recently decided to place certain pilots on leave without pay (LWP) for a period of three months, as a temporary measure to rationalise costs.