US EditionLow-cost airline Spirit cuts 200 additional jobs under its bankruptcy plan
- Spirit Airlines is cutting about 200 jobs across the company as the struggling budget carrier seeks to reduce costs after it filed for Chapter 11 bankruptcy protection in November.
- The carrier said it expects to exit bankruptcy this quarter.
- These efforts, along with our recent pilot furloughs, achieve our previously announced target of $80 million of annualized cost reductions.
- The bottom line is that we need to run a smaller airline and get back on better financial footing.
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Spirit cuts 200 management, support jobs as shrinking airline slices more costs
Spirit Airlines took another swipe at its work force with the layoff of 200 nonunion employees as management continues its efforts to downsize the airline and cut some $80 million in annual costs. “We are executing on plans to rightsize our organization to align with our current fleet size and level of flying and ultimately optimize our airline,” a spokesperson said Thursday. “After reviewing our organizational structure, we have made the diffic…
·Deerfield Beach, United States
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Low-cost airline Spirit cuts 200 additional jobs under its bankruptcy plan
The low-cost air carrier Spirit has cut 200 jobs as part of its plan to emerge from bankruptcy, the airline announced Thursday. This comes after the company recently eliminated 330 pilot jobs.
·Washington, United States
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Total News Sources30
Leaning Left4Leaning Right2Center11Last UpdatedBias Distribution65% Center
Bias Distribution
- 65% of the sources are Center
65% Center
L 24%
C 65%
12%
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