SpiceJet facing fund crunch, 3.5 months' salaries unpaid: Report

SpiceJet is facing a financial crisis and is yet to pay salaries of the last 3.5 months, NDTVProfit reported. SpiceJet is operating with a fleet of 11 aircraft and waiting to get ₹350 crore from government's Emergency Credit Line Guarantee Scheme 5.0, the report added. It further said SpiceJet expects operations to improve in October after it inducts 20 leases.