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 ...
WICHITA, Kan. (KSNW) — Spirit AeroSystems will furlough 700 workers for 21 days. The furlough comes as Boeing workers are still on strike. The strike started back on Sept. 13. The furloughs will ...
Spirit AeroSystems will furlough about 700 workers to cut costs as the machinist strike at Boeing BA-3.23%decrease; red down pointing triangle continues. The plane manufacturer on Friday said ...
Spirit AeroSystems announced plans to furlough 700 workers for 21 days Friday due to the ongoing Boeing employee strike. The company’s hourly direct, support functions and management employees ...
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 ...
The news was shared by CFO Irene Esteves, who said that the furlough will begin on October 28 for 700 employees working on ...
WICHITA, Kan. (KAKE) - Another round of bad news for the air capital as Boeing supplier Spirit AeroSystems is implementing a 21-day furlough without pay for hundreds of employees in Wichita ...
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 ...
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.