Spirit Airlines to furlough 330 pilots as part of cost-cutting measures

jalopnik.com October 31, 2024, 06:01 PM UTC

Spirit Airlines will furlough 330 pilots starting at the end of January 2025. This decision follows a failed merger with JetBlue and ongoing financial struggles, with the airline not reporting a profit in five of the last six quarters.

To cut costs by $80 million, Spirit plans to reduce its flight capacity by 20 percent and has sold 23 Airbus planes for $519 million. Additionally, 120 captains will be demoted to first officers.

This is not the first round of furloughs; 186 pilots were furloughed in September. The airline is also exploring a merger with Frontier Airlines as part of its strategy to return to profitability.


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