Spirit Airlines Announces Layoffs, Jet Sales Amid Financial Woes
The budget carrier has identified roughly $80 million of cost-cutting measures that will start to be implemented in early 2025.
Spirit Air Sells Jets to Boost Cash as Possible Bankruptcy Looms
Spirit Airlines Inc. agreed to sell 23 Airbus SE aircraft for $519 million, giving the budget carrier a much-needed cash boost as it nears a possible bankruptcy filing.
Spirit Airlines to Trim Workforce, Sell Aircraft to Help Shore Up Liquidity
The airline said capacity fell 1.2% during the recent quarter and estimates fourth-quarter capacity will be down 20% compared with last year’s quarter.
Spirit Airlines Plans to Cut Jobs and Sell Some Planes Amid Looming Financial Sturggles
Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the budget carrier aims to cut costs amid looming financial struggles and an uncertain future
Spirit Stock Spikes After the Budget Airline Says It Will Lay Off Staff and Sell Jets
Spirit Airlines stock was soaring ahead of Friday’s opening bell after the budget airline unveiled a cost-cutting plan as it battles for survival. Shares jumped 14% to $2.76 in premarket trading, compared with a 0.
Spirit Airlines plans to cut jobs, sell planes amid looming financial woes
NEW YORK - Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the budget carrier aims to cut costs amid looming financial struggles and an uncertain future. In a Thursday regulatory filing,
Spirit Airlines plans to sell planes, cut jobs
Spirit Airlines announced in a regulatory filing this week that it agreed to sell some of its planes and plans to cut its workforce as it seeks to raise cash.
Spirit Airlines is selling planes worth $500 million and cutting staff as it fights to stay in the air
Spirit Airlines has struggled since its proposed merger with JetBlue was struck down. Reports have emerged in recent weeks it is exploring bankruptcy.
Spirit Airlines Shares Surge 20% Amid Plan To Sell Planes And Cut Jobs
Spirit Airlines announced in a regulatory filing it would sell some of its older planes and eliminate jobs to reduce costs, ...
Spirit Airlines plans to cut jobs and sell some planes amid looming financial struggles
Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the budget carrier aims to cut costs ...
Spirit Airlines explores merger with Frontier Airlines as bankruptcy looms, WSJ reports
Two airlines that previously had canceled a multibillion-dollar acquisition deal are exploring a combination once again, ...
Why Spirit Airlines Shares Are Soaring (Again) Today
The best possible outcome for Spirit Airlines is still arguably bankruptcy, or an acquisition by another airline that wants ...
Spirit Aero losses deepen, burns cash as Boeing strike bites
Spirit AeroSystems posted deeper quarterly losses on Wednesday and said it was burning through dwindling cash reserves, as a ...
Spirit Airlines Pursues Bankruptcy as a Path to Tie-Up With Frontier
Spirit Airlines Inc. is in talks with Frontier Group Holdings Inc. about filing for bankruptcy to facilitate a takeover by ...
Friday is final day of work for furloughed Spirit employees
On Monday, 700 workers begin a 21-day furlough. The strike, which began six weeks ago, has led to a backlog of planes in ...
Travel + Leisure14h
Spirit Has Flights to New York, Las Vegas, and More for Under $50 Right Now
Spirit Airlines recently released dozens of flight deals with one-way fares under $50 to popular destinations.
Spirit Airlines Passengers Spot ‘Super Rat’ Scurrying Around in Plane Cabin's Ceiling Light Mid-Flight
Commenters on social media are debating whether it was a rat or another type of rodent that hitched a ride on a Spirit ...