Search

Saved articles

You have not yet added any article to your bookmarks!

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

Spirit Airlines to Cut 150 Salaried Roles and Exit Five Airports in Restructuring

Spirit Airlines to Cut 150 Salaried Roles and Exit Five Airports in Restructuring

Post by : Rameen Ariff

Spirit Airlines has unveiled another round of cost reductions as it works to stabilise its finances. The ultra-low-cost carrier plans to eliminate roughly 150 salaried jobs and cease service at five airports, among them Milwaukee and Phoenix, with the changes effective by January 2026.

The announcement arrives as Spirit grapples with growing financial strain after a prolonged period of losses and softer travel demand. The airline has warned of an estimated $804 million loss for 2025, highlighting the magnitude of the challenge to restore profitability.

In a company statement, Spirit said the measures are intended to "align operations with market realities and strengthen long-term financial health." The carrier acknowledged the decisions are difficult but said they are "necessary to secure a sustainable future and restore profitability."

Pilot Reductions and Operational Changes

Last month, Spirit disclosed plans to furlough 365 pilots and downgrade up to 170 more in early 2026 as part of a broader network optimisation. Executives said these personnel adjustments are designed to cut excess capacity and boost route efficiency.

Spirit’s turnaround blueprint, revealed earlier this year, targets a return to profitability by 2027. As part of that effort the airline intends to scale back its 2026 network, prioritising higher-yield routes and trimming services that underperform.

Financial Challenges and Industry Competition

Known for its ultra-low-cost model, Spirit has been under pressure from rising operating costs, fierce competition and weak demand in certain markets. Disruptions from grounded aircraft, volatile fuel prices and the collapse of a proposed merger with JetBlue have further strained the carrier’s finances.

Despite the outlook, Spirit reiterated its commitment to offering affordable travel while it executes the restructuring. "We are taking decisive steps today to ensure Spirit’s success tomorrow," the company said.

The airline’s moves mirror broader trends across the U.S. aviation sector, where carriers are consolidating routes and cutting costs amid uncertain economic conditions.

Nov. 6, 2025 12:09 p.m. 906

#Global #News, #World

Understanding Why Not All Cancers Need Aggressive Treatment: A Shift in Oncology Practice
Feb. 10, 2026 3:46 p.m.
Recent medical insights show that many cancers can be effectively managed with less aggressive approaches, reducing side effects and improving quality of life w
Read More
US and India to Finalise Interim Trade Agreement Ahead of Broader BTA Deal, White House Says
Feb. 10, 2026 1:49 p.m.
The United States and India have agreed to work toward finalising an interim trade agreement as part of ongoing efforts to conclude a broader Bilateral Trade Ag
Read More
Kylian Mbappé’s Scoring Spree at Real Madrid Sparks Debate on Surpassing Cristiano Ronaldo Legacy
Feb. 10, 2026 1:56 p.m.
Kylian Mbappé’s prolific scoring streak for Real Madrid has fuelled discussion in football circles about whether the French forward could one day eclipse the le
Read More
Emergency Measures Hobble Cuba as Fuel Supplies Dwindle Under U.S. Pressure
Feb. 10, 2026 1:43 p.m.
Cuba has imposed sweeping emergency measures including fuel rationing, reduced public services and transport cuts as U.S. pressure disrupts vital fuel supplies,
Read More
Israeli Airstrikes on Gaza Kill Multiple Palestinians as Ceasefire Tensions Escalate
Feb. 10, 2026 1:37 p.m.
Israeli military airstrikes on Gaza have killed at least four Palestinians and injured others amid ongoing tensions and repeated violations of the US-brokered c
Read More
Study Warns Using AI for Medical Advice Is ‘Dangerous’ as Users Get Inaccurate Health Guidance
Feb. 10, 2026 1:26 p.m.
A major new study reveals that artificial intelligence (AI) chatbots and tools may give misleading or dangerous medical advice, highlighting risks for patients
Read More
Phishing Exposed: What It Is, How It Works and Why Microsoft Is Trapping Suspicious Emails
Feb. 10, 2026 1:03 p.m.
A comprehensive news-style breakdown of phishing attacks, how they target email users, and the evolving role of Microsoft’s security systems in detecting and is
Read More
Top Sci-Fi Movies Streaming on Netflix This February: Must-Watch Picks for Genre Fans
Feb. 10, 2026 12:56 p.m.
A curated news-style guide to the best science fiction films currently available on Netflix in February 2026, covering standout classics, new additions and top
Read More
Cincinnati’s Skyline Set for Transformation with New Convention Hotel and High-Rise Developments
Feb. 10, 2026 12:07 p.m.
An in-depth look at how new construction projects, anchored by a major convention hotel, are reshaping Cincinnati’s downtown skyline and urban landscape as inve
Read More
Trending News