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SpiceJet clears provident fund dues

Airline says since raising R3,000 crore through a Qualified Institutional Placement, it has cleared all pending statutory liabilities

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SpiceJet officials said the airline has successfully cleared all PF dues spanning over two years. Pic/iStock

SpiceJet officials said the airline has successfully cleared all PF dues spanning over two years. Pic/iStock

Christmas has come early for SpiceJet employees as the airline has cleared all pending employee provident fund (PF) dues amounting to Rs 160.07 crore.

A SpiceJet spokesperson told mid-day, “SpiceJet has successfully cleared all PF dues spanning over two years, reaffirming its commitment to employee welfare and financial accountability.”

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