Making the announcement on the occasion of its 18th anniversary, the Gurgaon-based carrier said that the hike will be applicable from May 16, 2023.
The airline had earlier revised salaries for its pilots in November 2022 wherein the salary of Captains had been raised to INR 7 lakh-a-month for 80 hours of flying. Salaries of Trainers (DE, TRI) and First Officers has also been increased commensurately.
Additionally, the airline has announced a tenure-linked monthly loyalty reward for its Captains of up to INR 1,00,000/- per month which would be over and above their monthly remuneration.
Earlier in the day, chairman Ajay Singh informed employees of that the Budget carrier has also initiated the process of reviving its grounded planes with the USD 50 million funds received from the ECLGS scheme and from its internal cash accruals.
The carrier will also soon launch new flights on new and exciting routes, Singh told employees in a letter.
He also urged the employees to remain committed to maintaining the highest standards of services as it looks forward to more exciting years ahead.In the letter, Singh termed the recent hive-off of SpiceXpress into a separate entity as a defining milestone in its journey.
“There is large investor interest in our logistics business. Leading UK-based international conglomerate SRAM and MRAM Group have already committed a USD 100 million investment in SpiceXpress. Both SpiceJet and SpiceXpress have great potential and will complement each other well,” he told employees.
SpiceJet operates about 250 daily flights to 48 destinations within India and to international destinations. Its fleet is a mix of aircraft including Boeing 737 Max, Boeing 700 and Q400s.
The Budget carrier was launched in May 2005.
