I met a guy on face.book who happens to be my cousin's friend and now got selected for the 737. That guy was a lucky fellow, he finished his training in 2010 and waiting few months converting his license from FAA to DGCA and just few weeks later he gave the spicejet exams and now he is going to fly a 737. Really lucky..I mean people like me are waiting for over 2 years and still no luck..
There are some lucky dudes out there. And another thing he said is that there is possibility to take loan from banks to pay spicjet, after hiring spicjet would help you to find loans, but if you take loans you still need to pay interest. if you guys have face.book and want that guys details PM, you can send him mail and ask your questions to him.