aviator1989
24th Jan 2010, 15:25
Buoyed by a spurt in air-traffic numbers, low cost carrier Spicejet today said it is lifting freeze on salary hikes imposed last year, while it plans to raise up to $ 75 million to fund future growth.
The airline also plans to hire about 100 flight attendants and 40 pilots for the four aircraft it plans to acquire this year.
"We have started performance appraisals this month... we are going to give hikes this year," SpiceJet CEO Sanjay Aggarwal told PTI.
The airline had put a hold on pay hikes for management level staff last year owing to dwindling passenger volume and lower profitability.
The carrier employs a total of about 2,300 people. Commenting on fund raising plans, Aggarwal said it was at a preliminary stage and was yet to be taken up at the board level for approval.:}
The airline also plans to hire about 100 flight attendants and 40 pilots for the four aircraft it plans to acquire this year.
"We have started performance appraisals this month... we are going to give hikes this year," SpiceJet CEO Sanjay Aggarwal told PTI.
The airline had put a hold on pay hikes for management level staff last year owing to dwindling passenger volume and lower profitability.
The carrier employs a total of about 2,300 people. Commenting on fund raising plans, Aggarwal said it was at a preliminary stage and was yet to be taken up at the board level for approval.:}