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Spirit Airlines warns of "substantial doubt" about its ability to stay in business
Shares of Spirit Aviation Holdings, the parent company of Spirit Airlines, plummeted on Tuesday after the company warned of "substantial doubt" about its ability to stay in business. CBS News senior transportation correspondent Kris Van Cleave has more.
Spirit Airlines said on Monday it will furlough about 270 pilots while demoting another 140, as the cash-strapped budget ...
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Spirit AeroSystems posts $1.6B in Q2 revenue but reports $5.36 EPS loss amid ongoing challenges
Spirit AeroSystems reported 1.6 billion in revenue for the second quarter of 2025, driven by increased production of Boeing ...
Spirit Airlines plans to lay off at least 260 pilots by September 2025. The airline cites delivery delays from Airbus and reduced flight demand as ...
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Spirit to Furlough Over 250 Pilots - MSN
Spirit did not say how long the furloughs are expected to last. It is not clear if the move was brought about by a recent change in the airline's financial outlook, as it has not yet released its ...
Spirit Airlines is preparing to furlough 270 pilots this fall. The furloughs will go into effect on November 1, the budget-friendly airline said on Monday. An additional 140 pilots will be ...
Key Background Spirit Airlines hasn’t turned a profit since 2019. Last November, the budget carrier became the first major U.S. airline to file for Chapter 11 since American Airlines 13 years ago.
The Spirit contingent of the Air Line Pilots Association, which represents more than 3,000 of the airline’s pilots, said its master executive council is working on a “furlough mitigation ...
Spirit Airlines will furlough approximately 270 pilots starting Nov. 1st and downgrade 140 pilot positions starting Oct. 1st. The airline aims to improve its financial stability after emerging ...
Spirit Airlines said Monday that it would furlough 270 pilots as it looks to fly a smaller flight schedule and restore its profitability. The furloughs will be effective November 1.
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