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Spirit Airlines Announces Layoffs, Jet Sales
Spirit Airlines Announces Layoffs, Jet Sales Amid Financial Woes
The budget carrier has identified roughly $80 million of cost-cutting measures that will start to be implemented in early 2025.
Spirit Airlines to slash jobs, sell 23 jets amid looming financial struggles
Spirit Airlines is cutting costs by reducing its workforce and selling 23 jets for approximately $519 million. The budget carrier faces financial challenges, with losses exceeding $2.5 billion since 2020,
Spirit Airlines is selling planes to rustle up $500 million in extra cash
The ultra-low-cost carrier said in a regulatory filing Thursday that it has entered into an agreement with aerospace company GA Telesis for the sale of some of its aircraft. The total price tag on the agreement is approximately $519 million, Spirit disclosed.
11h
on MSN
Spirit Airlines takes drastic steps to avoid bankruptcy
Hippocrates, the ancient Greek physician, is credited for first using the expression "desperate times call for desperate ...
1d
on MSN
Spirit Airlines plans to cut jobs and sell some planes amid looming financial struggles
Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the budget carrier aims to cut costs ...
2d
Spirit Airlines: From Bankruptcy Rumors To Takeover Talk Tied To Frontier Airlines
Frontier Airlines is revisiting a potential merger with Spirit (SAVE). Read why the acquisition price will likely be much ...
11h
Spirit Airlines, Frontier reportedly revive merger talks amid potential bankruptcy filing
Last week, Spirit said it reached an agreement with its credit card processor U.S. Bank National Association to extend its ...
1d
Why Spirit Airlines Shares Are Soaring (Again) Today
The best possible outcome for Spirit Airlines is still arguably bankruptcy, or an acquisition by another airline that wants ...
1d
on MSN
The Score: McDonald’s, Tesla, Spirit Airlines and More Stocks That Defined the Week
On Tuesday, the Journal reported that fellow discount airline Frontier Airlines is exploring a renewed bid for Spirit, and ...
1d
on MSN
UN, Spirit Airlines temporarily suspend flights in Haiti’s capital as gang attacks rise
An ongoing escalation in gang attacks in Haiti’s capital is once more leading air carriers to suspend travel. On Friday, both ...
1d
on MSN
These Stocks Are Moving the Most Today: Tesla, Nvidia, HCA Healthcare, Mohawk, Capri, Deckers, Centene, Spirit Airlines, and More
Tesla stock rises after shares of the electric-vehicle maker surged 22% on Thursday, Nvidia closes in on Apple’s market ...
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