Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by ...

The company has been facing an uncertain future after the collapse of its $3.8 billion merger deal with JetBlue.

Several workers at the Canoo plant in Oklahoma City are out of a job ahead of the holiday season amid financial uncertainty ...

The company’s SEC filings and reports have indicated since October the company was facing financial difficulties and might have to “terminate or significantly curtail” its operations.

Furloughs will start on January 31, 2025, a company spokesperson told Reuters on October 31, 2024. The spokesperson also mentioned that 120 captains will be moved down to first officers on that same ...

OKLAHOMA CITY — Canoo, the electric vehicle startup with plans to produce EVs in Oklahoma City and EV batteries in Pryor, has ...

The 2024 Earthshot Prize finalist also furloughed a "significant" portion of its staff last week-the result, a spokesperson said, of delays in customer contracting that have rendered it unable to ...

The ultra-low-cost carrier has been losing money despite strong travel demand ... Spirit's shares have slumped about 84% this year. The furloughs are a result of Spirit's plans to shrink the ...

Electric vehicle manufacturer Canoo is furloughing 23% of its Oklahoma City workforce as questions continue about the company ...

The ultra-low-cost carrier has been losing money despite strong travel demand ... the spokesperson said. The furloughs are a result of Spirit's plans to shrink the airline. The company plans ...

The ultra-low-cost carrier has been forced to furlough about 300 pilots to save even more money. This is part of an overall ...

The carrier has been losing money despite strong travel demand. It has failed to report a profit in the last five out of six ...