WICHITA, Kan. (KSNW) — In a new filing with the government, Spirit AeroSystems says there is “substantial doubt about the ...

Both involve not getting a paycheck, but a furlough is temporary Amy Fontinelle has more than 15 years of experience covering personal finance, corporate finance and investing. Amy Soricelli has ...

The website you are visiting is protected and accelerated by Incapsula. Your computer may have been infected by malware and ...

Spirit Airlines is furloughing more pilots as part of an ongoing cost-cutting initiative. Just last month, the ultra-low-cost ...

Spirit AeroSystems recently announced that it has substantial doubts about its ability to continue operations. The company ...

It has previously stated a goal of eventually producing 20,000 vehicles there annually. In June 2021, CEO Tony Aquila ...

The University of Minnesota is extending pay reductions and furloughs into June 2021, due to an expected budget shortfall of around $166 million. The Systemwide Furlough and Pay Reduction Program, ...

Spirit Airlines takes to the skies with eye-catching liveries on their Airbus aircraft every few years. Each design ...

CHICAGO, Oct 30 (Reuters) - Spirit Airlines SAVE.N will furlough about 330 pilots on Jan. 31, 2025, a company spokesperson told Reuters, as part of its efforts to cut costs and shore up its ...

Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with ...

Accordingly, these conditions and events raise substantial doubt about the Company’s ability to continue as a going concern…” Published first on TheFly – the ultimate source for real-time, ...

It also says a plan to improve liquidity could include layoffs and more furloughs. “The Company will require additional liquidity to continue its operations over the next 12 months,” Spirit ...