Company Directory - SpiceJet
Company Details - SpiceJet

SpiceJet
WebsiteGurgaon, 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.
Latest Events
- MAR212025
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
- MAR222024
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.
- MAR212024
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
- MAR212024
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
- MAR212024
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
- OCT062023
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 ...
- JUL232023
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
- APR092023
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
- JUL272022
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.
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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