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Spirit said it plans to sell 23 Airbus jets and cut millions in costs ‘primarily by a reduction in workforce’ as it scales back flight capacity Last Updated: Oct. 24, 2024 at 8:14 p.m. ET ...
Spirit Airlines announced that it will sell multiple aircraft and lay off workers as the beleaguered carrier tries to raise cash. In a filing on Thursday with the Securities and Exchange ...
Spirit Airlines has announced layoffs and jet sales amid financial woes. Spirit said in a regulatory filing Thursday that it has identified roughly $80 million of cost-cutting measures that will ...
Spirit Airlines announced in a regulatory filing it would sell some of its older planes and eliminate jobs to reduce costs, causing shares of the budget airline—which dropped after reports the ...
October 2024 has been a busy month for Florida-based Spirit Airlines. Firstly, rumors began spreading about an imminent Chapter 11 bankruptcy filing, followed by the announcement that the carrier ...
Spirit Airlines' woes are growing more apparent as it works to raise cash by selling planes and cutting staff. The budget airline has struggled since its merger with JetBlue was called off in March.
The winds of merger talks and a potential bankruptcy filing are again engulfing South Florida-based Spirit Airlines as management is said to have engaged in renewed discussions about combining ...