Brief by Shorts91 Newsdesk / 04:13am on 12 Mar 2024,Tuesday Business
SpiceJet witnesses the departure of Chief Commercial Officer Shilpa Bhatia and Chief Operating Officer Arun Kashyap as they resign amidst the airline's revival efforts. Bhatia and Kashyap are speculated to venture into their own charter airline business, having previously co-founded Sirius India Airlines Pvt. Ltd. Kashyap, with extensive experience in airlines, notably departed SpiceJet in 2022 to join Air India, returning within a year. SpiceJet, amidst a restructuring phase and receiving Rs 1,000 crore funding, is set to lay off nearly 800 employees to streamline costs.
