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Troubled Spirit Airlines to Furlough Even More Pilots in Cost-Cutting Move ...Middle East
FILE PHOTO: A Spirit commercial airliner prepares to land at San Diego International Airport on Jan. 18, 2024. REUTERS/Mike Blake/File Photo Spirit Airlines will furlough about 330 pilots on Jan. 31, 2025, a spokesperson told Reuters, as part of efforts to cut costs and shore up company finances. This is on top of the 186 pilots who were furloughed last month. The ultra-low-cost carrier has been losing money despite strong travel demand. It has failed to report a profit in the last five out of six quarters, raising doubts about its ability to manage looming debt maturities. “We are implementing a series of cost savings initiatives throughout our business, including a reduction i
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