The furloughs are a result of Spirit's plans to shrink the airline. The company plans to reduce its capacity in the current quarter by 20% from a year ago. In 2025, it expects capacity to be down ...

Spirit Airlines announced that it will sell multiple aircraft and lay off workers as the beleaguered carrier tries to raise cash. In a filing on Thursday with the Securities and Exchange ...

The budget airline also disclosed that it’s agreed to sell 23 airplanes to GA Telesis, an aviation services company, for about $519 million. The Airbus A320ceo and A321ceo models, which were ...

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NEW YORK (AP) — 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.

U.S. supplier Spirit AeroSystems said on Tuesday in a quarterly filing that substantial doubt exists about the company's ...

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 ...