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 ...

Just last month, the ultra-low-cost carrier placed 186 of its pilots on furlough. The beleaguered airline continues to face mounting losses, reporting a net loss of $158 million in the second quarter.

The furloughs will affect employees working on ... Earlier, Boeing’s 737 Max was temporarily grounded after fatal accidents in 2018 and 2019. There’s additional pressure since roughly 33,000 ...

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 ...

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 ...

The family of Narges Mohammadi says Iranian authorities want to "eliminate" the 2023 Peace Prize winner by depriving her of ...

Spirit Airlines (NYSE:SAVE) is planning to furlough an additional 330 pilots at the end of January, adding to the 186 pilots that were furloughed in September. By reducing the number of pilots ...

Struggling Spirit Airlines said Wednesday it will furlough hundreds of pilots to cut down costs and bolster its finances. The move comes as the airline continues to lose money despite strong ...