Corporate Finance #spicejet#cash crunch
SpiceJet's cash crunch deepens: pilots unpaid since March, airline seeks emergency loan
SpiceJet pilots and employees have not received salaries since March, according to internal messages reviewed by Reuters. The airline is seeking an emergency loan under India's Emergency Credit Line Guarantee Scheme to stabilise operations, while citing the Middle East crisis as a factor affecting cash flows and fuel costs.
Jun 14, 2026 1 source
