Published 21 days ago

Spirit Airlines defers delivery of Airbus planes, furloughs 260 pilots

Spirit Airlines will defer deliveries of new Airbus planes and furlough 260 pilots to improve liquidity.
CEO Ted Christie stated that these steps are necessary for a strong and profitable future.
The airline aims to ensure a stable financial outlook amidst challenging times.

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Associated Press News

Spirit to defer Airbus plane deliveries, furlough 260 pilots this year

Discount carrier Spirit Airlines said it is deferring all aircraft on order from Airbus that were scheduled to be delivered in the second quarter of 2025 through the end of 2026.

21 days ago·United States

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abc News

Spirit to defer Airbus plane deliveries, furlough 260 pilots this year

Discount carrier Spirit Airlines said it is deferring all aircraft on order from Airbus that were scheduled to be delivered in the second quarter of 2025 through the end of 2026

21 days ago·United States

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New York Post

Cash-strapped Spirit Airlines to defer Airbus deliveries, furlough 260 pilots

Spirit Airlines said Monday it has reached a deal with Airbus to delay all aircraft deliveries scheduled from the second quarter of 2025 through 2026 and intends to furlough about 260 pilots, as the US carrier looks to save cash.

21 days ago·New York, United States

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CNBC

Spirit Airlines will defer Airbus orders, furlough 260 pilots in race to shore up liquidity

Spirit Airlines said Monday that it will defer deliveries of new Airbus planes and furlough about 260 pilots as it tries to boost liquidity.

21 days ago·United States

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The Hill

Spirit Airlines to furlough 260 pilots, delay plane deliveries

The budget airline Spirit announced Monday it will delay deliveries of new Airbus planes scheduled from the second quarter of 2025 through 2026 and plans to furlough roughly 260 pilots as part of efforts to boost the company’s liquidity. According to a press release from the airline, a newly reached agreement with Airbus will defer scheduled…

21 days ago·Washington, United States

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Benzinga

Navigating Turbulence: Spirit Airlines To Furlough Pilots Amid Aircraft Delivery Deferrals - Airbus (OTC:EADSY), Spirit Airlines (NYSE:SAVE)

Spirit Airlines, Inc. (NYSE:SAVE)has reached an agreement with Airbus SE (OTC:EADSY) to defer all aircraft on order that are scheduled to be delivered in the second quarter of 2025 through the end of 2026 to 2030-2031. The agreement is expected to improve Spirit’s liquidity position by approximately $340 million over the next two years. The deferrals do not include the direct-lease aircraft scheduled for delivery in that period, one each in the …

21 days ago·New York, United States

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