Spirit Airlines is axing 68 employees in Newark, public filings show, a month after declaring bankruptcy amid a failed $3.8 ...
While Spirit Airlines filed for Chapter 11 bankruptcy ... announced plans to furlough pilots and sell aircraft. In a Securities and Exchange Commission filing last month, the ultra-low-cost ...
30, 2026. As Spirit attempts to regain its footing, the airline recently announced it will furlough hundreds more pilots as part of an $80 million cost-cutting plan. Shares of Spirit traded at $1. ...
Budget airline Spirit Airlines filed for bankruptcy protection Monday after struggling with declining sales prompted by the ...
Spirit pilots are not paid as much as pilots at Delta, American, and United and could have left the company for better ...
Budget airlines have also faced difficulties since the pandemic, as passengers appear to prefer paying extra for more ...
A Spirit Airlines executive blamed competitors for some of its financial and operational woes during a congressional hearing on Wednesday, pointing to factors including pilot staffing and limited ...
The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 ...
Related: Spirit Airlines to furlough 330 more pilots, downgrade 120 captains At the time of the petition’s filing, Spirit stated it has more than 109.5 million shares of common stock.
Spirit Airlines filed for bankruptcy protection ... agreement with Airbus to defer the delivery of new planes and furlough 260 pilots. The company said these moves would save them $340 million ...
Spirit Airlines ... week that the airline was planning to file for bankruptcy protection. That came after Spirit's October announcement that it planned to furlough hundreds of pilots and raise ...
He said some airlines "manufactured" a pilot shortage and that others want Spirit "out of business." Spirit recently filed for Chapter 11 bankruptcy and is revamping its business to earn more revenue.