Embattled discount airline Spirit Airlines Inc. on Thursday said it would ... s expected flight volume,” the company said. Those layoffs would come after a string of losses for Spirit over ...

This was largely because of increased operational costs and competition from rival airlines offering their own versions of low-cost tickets. Since the start of 2020, Spirit lost over $2.5 billion.

Spirit Airlines is laying off approximately 200 employees as part of an effort to reduce expenses as the company looks to emerge from bankruptcy, the company said. The airline’s top executive ...

Spirit Airlines (SAVE) stock is up over 17.7% in pre-market trading as of writing, after the company announced layoffs and jet sales to save costs. The low-cost air carrier will cut staff in line ...

After facing bankruptcy late last year, Spirit Airlines is expanding its service from Bradley International Airport with a ...

Those layoffs would come after a string ... an effort by regulators to block the merger, Spirit has faced competition from larger airlines offering their own discounted fares, as well as issues ...

Spirit Airlines Layoffs Comes After Poor Q2 Results for the second quarter include adjusted EPS of -$1.44 on revenue of $1.28 billion. Those are mixed results next to Wall Street’s estimate of ...

Spirit said it plans to sell 23 Airbus jets and cut millions in costs ‘primarily by a reduction in workforce’ as it scales back flight capacity Last Updated: Oct. 24, 2024 at 8:14 p.m. ET ...