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Spirit Air Sells Jets to Boost Cash
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 Air Sells Jets to Boost Cash as Possible Bankruptcy Looms
Spirit Airlines Inc. agreed to sell 23 Airbus SE aircraft for $519 million, giving the budget carrier a much-needed cash boost as it nears a possible bankruptcy filing.
Spirit Airlines Boosts Liquidity with Aircraft Sale
Spirit Airlines has announced a significant aircraft sale to GA Telesis, expected to boost its liquidity by $225 million by the end of 2025. Despite a planned reduction in capacity due to the sale and engine availability issues,
Spirit AeroSystems weighs hundreds more furloughs or layoffs
Spirit Aero losses deepen, burns cash as Boeing strike bites
Spirit AeroSystems posted deeper quarterly losses on Wednesday and said it was burning through dwindling cash reserves, as a strike by Boeing U.S. factory workers hammered the finances of its biggest supplier.
Spirit AeroSystems weighs more furloughs if Boeing strike continues, CNBC says
Spirit AeroSystems (SPR) is weighing furloughs or layoffs of hundreds more employees if the Boeing (BA) machinists’ strike stretches
Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25
More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.
21h
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 ...
1d
on MSN
Spirit Airlines is selling planes worth $500 million and cutting staff as it fights to stay in the air
On Thursday, Spirit Airlines unveiled plans to cut costs and raise cash amid bankruptcy reports.Its stock rose after it said ...
KDFW
1h
Spirit Airlines plans to sell planes, cut jobs
Spirit Airlines announced that it will sell multiple aircraft and lay off workers as the beleaguered carrier tries to raise ...
3h
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 ...
1d
on MSN
Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs
Spirit Airlines plans to cut jobs, sell planes and shrink its footprint next year. The budget carrier is struggling from the ...
22h
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 ...
2d
Spirit Airlines Pursues Bankruptcy as a Path to Tie-Up With Frontier
Spirit Airlines Inc. is in talks with Frontier Group Holdings Inc. about filing for bankruptcy to facilitate a takeover by ...
1d
on MSN
Spirit Airlines Passengers Spot ‘Super Rat’ Scurrying Around in Plane Cabin's Ceiling Light Mid-Flight
Commenters on social media are debating whether it was a rat or another type of rodent that hitched a ride on a Spirit ...
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