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 has already had several rounds of furloughs in 2024, cutting capacity, in part, due to issues with the ...
HM Dunn AeroSystems CEO Phil Anderson said he's seeing a lack of diversification and balance sheet issues impact some local ...
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.
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 Systemwide Furlough and Pay Reduction Program ... “I don’t think any of us were surprised, I mean I think all of us assumed that it was going to be, you know, that there was going to be another ...
Spirit Airlines announced on Thursday that it will furlough 330 pilots at the end of January next year. The canary yellow-branded carrier has been in a coal mine even before a federal judge shot ...
The company sent a statement to News 9 regarding the furloughs: “Canoo has made the difficult decision to temporarily reduce our workforce in Oklahoma City by furloughing 23% of our factory ...
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 ...