Budget airline Spirit Airlines filed for bankruptcy protection Monday after struggling with declining sales prompted by the ...
The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than $1 ...
Spirit Airlines has missed its deadline ... The carrier reported on 31 October that it is planning to furlough hundreds more pilots starting on 31 January to match its drastic cuts to passenger ...
While Spirit Airlines filed for Chapter 11 bankruptcy ... announced plans to furlough pilots and sell aircraft. In a Securities and Exchange Commission filing last month, the ultra-low-cost ...
Spirit said in a filing announcing bankruptcy protection that it would continue all its normal operations, and that customer ...
Spirit Airlines’ shares plunged more than 50% in early trading Wednesday ... The company also furloughed hundreds of its pilots, and it plans to cut additional staff in January.
Spirit Airlines CEO said customers can continue ... The company also plans to furlough another 330 pilots in January on top of about 200 in September as it slashed routes. But analysts expect ...
WASHINGTON — Spirit Airlines is preparing to file for ... Spirit said in October that it would furlough about 330 pilots on Jan. 31 as part of its efforts to cut costs and shore up its finances.
Financially troubled Spirit Airlines ... to guide pilots through this process and mitigate impacts.” The filing was the culmination of more than four years of difficulty earning profits after ...
Spirit Airlines stock (SAVE ... Last month, Spirit said it would furlough more than 300 pilots in January and sell older aircraft in order to cut costs.
Spirit Airlines is preparing to file for bankruptcy protection, The Wall Street Journal reported. Chapter 11 likely means more route cuts, allowing other airlines to raise ticket prices.