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Company Directory - SpiceJet

Company Details - SpiceJet

SpiceJet Logo

SpiceJet

Website

Gurgaon, India

48 Locations

SpiceJet is an Indian low-cost airline that operates domestic and regional flights, providing affordable travel options to a wide range of destinations.

CCI Score

CCI Score: SpiceJet

-6.41

Latest Event

SpiceJet Faces Mounting Legal and Labor Claims

SpiceJet is embroiled in multiple insolvency-related legal battles, including an insolvency plea from PT BBN Airlines over unpaid aircraft lease rentals totaling $5.94 million, and a claim by a former pilot for unpaid employment dues. These legal challenges highlight concerns over financial mismanagement and potential neglect of labor obligations.

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COLLABORATOR

SpiceJet is currently rated as a Collaborator.

-5 to -9 CCI Score
In this category, companies align with authoritarian practices mainly to avoid trouble or regulatory conflict. Their compliance is driven by self-preservation, resulting in minimal resistance even as they participate in oppressive systems.

Latest Events

  • SpiceJet Faces Mounting Legal and Labor Claims Logo
    MAR
    21
    2025

    SpiceJet is embroiled in multiple insolvency-related legal battles, including an insolvency plea from PT BBN Airlines over unpaid aircraft lease rentals totaling $5.94 million, and a claim by a former pilot for unpaid employment dues. These legal challenges highlight concerns over financial mismanagement and potential neglect of labor obligations.

  • -15

    Business Practices and Ethical Responsibility

    April 20

    The insolvency proceedings stemming from unpaid lease rentals indicate troubling business practices, revealing a lack of transparency and accountability in financial management that can undermine ethical responsibility standards.

    SpiceJet faces fresh insolvency plea amid mounting legal battles

  • -25

    Labor Relations and Human Rights Practices

    April 20

    The claim by a former pilot for unpaid employment dues points to problematic labor practices, reflecting a disregard for worker rights and fair compensation, which exacerbates the company's legal and financial woes.

    SpiceJet faces fresh insolvency plea amid mounting legal battles

  • SpiceJet Donates to AAP via Electoral Bonds Logo
    MAR
    22
    2024

    SpiceJet was identified as one of the companies donating electoral bonds to the Aam Aadmi Party (AAP), as per Election Commission data reported by India Today on March 22, 2024.

  • +80

    Political Contributions and Lobbying Efforts

    April 20

    SpiceJet's donation to the Aam Aadmi Party through electoral bonds supports a political party known for its progressive and anti-authoritarian stance. By contributing to a party that advocates for inclusion and equitable policies, the company aligns with anti-fascist principles.

    Spicejet, Tech Mahindra among electoral bonds donors to AAP

  • SpiceJet Donates Rs70 Lakh to AAP Logo
    MAR
    21
    2024

    SpiceJet contributed Rs70 lakh to support the Aam Aadmi Party, a political party associated with progressive policies, as reported on March 21, 2024.

  • +70

    Political Contributions and Lobbying Efforts

    April 20

    SpiceJet's donation of Rs70 lakh to AAP signals a commitment to progressive political values and stands in contrast to other far-right donations. This move aligns the company with anti-fascist political behavior.

    IndiGo promoter, group companies donated Rs 56 crore; SpiceJet Rs 70 lakhs

  • SpiceJet Donates Electoral Bonds to AAP Logo
    MAR
    21
    2024

    SpiceJet was reported to have donated electoral bonds to the Aam Aadmi Party, as per Election Commission data released on March 21, 2024.

  • +80

    Political Contributions and Lobbying Efforts

    April 20

    SpiceJet's donation via electoral bonds to the progressive Aam Aadmi Party signals active support for political forces that counter authoritarian trends. This contribution is evaluated positively under Political Contributions and Lobbying Efforts as it bolsters progressive political initiatives.

    Spicejet, Tech Mahindra among electoral bonds donors to AAP: EC data

  • SpiceJet Labor Rights Concerns: Delayed Payments and Statutory Dues Logo
    MAR
    21
    2024

    Reports indicate that SpiceJet has repeatedly delayed salary payments and statutory dues such as Provident Fund contributions, raising serious concerns about its labor practices.

  • -80

    Labor Relations and Human Rights Practices

    April 20

    Repeated delays in salary payments and failure to pay statutory dues like PF undermine employee rights and fair labor practices, reflecting poorly on the company’s ethical and labor responsibilities.

    IndiGo promoter, group companies donated Rs 56 crore; SpiceJet Rs 70 lakhs

  • SpiceJet Employees Strike Over Wage Issues Logo
    OCT
    06
    2023

    SpiceJet employees staged a strike at Delhi airport to protest non-payment of wages and irregular salary disbursement, highlighting ongoing labor disputes within the company.

  • -70

    Labor Relations and Human Rights Practices

    April 20

    The reported strike due to non-payment of wages underscores a failure in ensuring fair labor practices and worker rights at SpiceJet. This labor dispute reflects negatively on the company’s ethical responsibility toward its employees.

    Protesting over non-payment of wages, SpiceJet employees go on strike ...

  • DGCA Puts SpiceJet Under Enhanced Surveillance Logo
    JUL
    23
    2023

    Aviation watchdog DGCA has placed SpiceJet under enhanced surveillance amid financial headwinds and concerns that the airline may be cutting corners on safety. The regulatory move, which involves increased night surveillance and spot checks, is aimed at ensuring that the financial difficulties do not compromise safety standards, though the airline has denied receiving any formal communication from DGCA.

  • -50

    Business Practices and Ethical Responsibility

    April 20

    The enhanced surveillance imposed by DGCA highlights concerns over SpiceJet's business practices, particularly its adherence to safety obligations amid financial challenges. This regulatory intervention suggests that the airline may be compromising on safety standards, which is a critical aspect of ethical business practices and responsibility towards both employees and passengers.

    Aviation Body DGCA Puts SpiceJet Under Enhanced Surveillance

  • SpiceJet Legal Notice to Pilots: Enforcing Rigid Contract Terms Logo
    APR
    09
    2023

    SpiceJet issued legal notices to pilots who left the airline without serving the one-year notice period, citing DGCA regulations. The action comes amid controversy as pilots argue that the airline had previously breached contractual obligations by delaying salary payments and dues.

  • -40

    Labor Relations and Human Rights Practices

    April 20

    By enforcing a lengthy one-year notice period through legal notices—even when pilots contend that the airline failed to meet its contractual obligations—the company exhibits a management approach that may undermine worker rights. This action can be seen as punitive and overly rigid, raising concerns about fair labor practices in an industry already facing significant labor disputes.

    SpiceJet issues legal notice to pilots for breach of job rule

  • DGCA Issues Safety Notice for Safety Oversight Failures Logo
    JUL
    27
    2022

    India's DGCA issued a notice to SpiceJet citing poor internal safety oversight and inadequate maintenance following a series of flight safety incidents, resulting in a temporary cap of 50% on scheduled departures during summer 2022.

  • -50

    Business Practices and Ethical Responsibility

    April 20

    SpiceJet's failure to maintain adequate safety oversight and proper maintenance standards, as highlighted by the DGCA notice, demonstrates a significant lapse in business practices and ethical responsibility. This neglect compromises both passenger and employee safety, reflecting an adverse impact on community well-being.

    'SpiceJet was sent notice for poor safety oversight'

Corporate Financials

Revenue
2025
$906.80M
Total Assets
2025
$850.00M
Operating Income
2025
$166.80M
Total Equity
2025
$250.00M

Employees: 6,500

Industries

481111
Scheduled Passenger Air Transportation
481112
Scheduled Freight Air Transportation
488119
Other Airport Operations