Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Chow Tai Fook’s shares rise 15% as higher gold price boosts profits

    Why Iran’s threat against undersea cables could be a bigger weapon than oil

    Spielberg Gets Paranoid With ‘Disclosure Day’

    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram Pinterest VKontakte
    Sg Latest NewsSg Latest News
    • Home
    • Politics
    • Business
    • Technology
    • Entertainment
    • Health
    • Sports
    Sg Latest NewsSg Latest News
    Home»Business»Bankrupt Spirit Airlines is furloughing one-third of its flight attendants
    Business

    Bankrupt Spirit Airlines is furloughing one-third of its flight attendants

    AdminBy AdminNo Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Spirit Airlines, the budget carrier that filed for bankruptcy twice this year, is laying off about one-third of its flight attendants, as it cuts flights and restructures the business to reduce costs. 

    On Monday, Spirit said it would discharge approximately 1,800 of its 5,200 flight attendants, an airline spokesperson confirmed to CBS News. The Wall Street Journal first reported Spirit’s plan to furlough workers. 

    “As part of our ongoing restructuring, we are taking steps to align staffing with our fleet size and expected flight volume. In line with this process, we have made the difficult decision to furlough approximately 1,800 Flight Attendants, effective Dec. 1, 2025,” Spirit said in a statement to CBS News. 

    Spirit added that it is committed to treating employees affected by the restructuring with “care and respect during this process.” 

    The move comes after the airline  earlier this month, announced it would reduce capacity  by about 25% in November. At the time, CEO Dave Davis said layoffs would likely accompany the scheduling cuts.

    “These evaluations will inevitably affect the size of our teams as we become a more efficient airline. Unfortunately, these are the tough calls we must make to emerge stronger. We know this adds uncertainty, and we are committed to keeping you informed as these decisions are made,” he wrote in a memo to employees.

    The union representing Spirit pilots said it was told by the airline that Spirit “must obtain approximately $100 million in annual cost savings from pilots,” according to a memo from union chair Ryan Mulle.

    The union is surveying its pilot members on the matter.   

    Spirit has cited low demand for domestic leisure travel as a driver of its financial woes, as budget-conscious Americans cut back on travel, over economic concerns. Americans who can afford to travel, meanwhile, are demanding more premium flight experiences, it said.

    More from CBS News

    Megan Cerullo

    Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Admin
    • Website

    Related Posts

    Why Iran’s threat against undersea cables could be a bigger weapon than oil

    Vietnam’s stock market liquidity dries up after VN-Index’s record run in May

    Shares of SpaceX end first day at US$160.95, up 19% from IPO price

    Issue 198: UBS cuts Asia ESG staff; S-E Asian renewables assets face high climate risk

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    Electrical fire to keep theater that hosts ‘The Book of Mormon’ closed through May 17

    The 2026 Grammy Award nominations are about be announced. Here’s what to know

    Disease of 1,000 faces shows how science is tackling immunity’s dark side

    Judge reverses Trump administration’s cuts of billions of dollars to Harvard University

    Top Reviews
    9.1

    Review: Mi 10 Mobile with Qualcomm Snapdragon 870 Mobile Platform

    By Admin
    8.9

    Comparison of Mobile Phone Providers: 4G Connectivity & Speed

    By Admin
    8.9

    Which LED Lights for Nail Salon Safe? Comparison of Major Brands

    By Admin
    Sg Latest News
    Facebook X (Twitter) Instagram Pinterest Vimeo YouTube
    • Get In Touch
    © 2026 SglatestNews. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.