Wednesday, February 04, 2015

SpiceJet plans to rightsize workforce to match fleet

Mumbai: Budget carrier SpiceJet will take "tough decisions" if need be, to rightsize its workforce to suit its reduced fleet, its chief operating officer said yesterday.

There will be some "key decisions" taken in the coming weeks COO Sanjiv Kapoor told reporters on the sidelines of the India Aviation Summit organised by Sydney-based consultant Capa-Centre for Aviation. It will also shortly decide on whether to continue with the Bombardier Q400s in its fleet, he added.

The beleaguered carrier recently announced a change of ownership with original co-founder Ajay Singh coming on board to replace media baron Kalanithi Maran. The airline has been hit by losses, cut flights and fleet, delayed and defaulted on payments, taxes and salaries before Singh announced he and a set of investors would put in Rs 1,500 crore into the airline. The first tranche is likely to come by February 15.
 SpiceJet has since December returned about 20 planes and cancelled more than 2,000 flights.
04/02/15 Economic Times
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