SpiceJet on Tuesday said several members of its commercial team have resigned with immediate effect, as part of a strategic restructuring at the airline.

On Monday, sources said the airline's Chief Operating Officer Arun Kashyap and Chief Commercial Officer Shilpa Bhatia have put in their papers.

"As part of SpiceJet's strategic restructuring, several members of the commercial team including the Chief Commercial Officer have left the company with immediate effect," an airline spokesperson said in a statement on Tuesday.

With the recent fundraise, the spokesperson said it is speeding up the process of resolution of all past disputes, and continues to see significant growth in revenue and load factor.

Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.