Reported 1 day ago
Spirit Airlines announced it will furlough around 270 pilots and demote another 140 due to a scaled-back schedule, with furloughs starting on November 1. This decision follows the airline's efforts to streamline operations and return to profitability after emerging from bankruptcy in March. The recent cuts mark the third round of pilot furloughs and downgrades since September 2024, as the airline aims to transform its business model from a low-cost carrier to a premium airline.
Source: YAHOO