Dhierin Bechai delves into Spirit Airlines bankruptcy, Boeing's turnaround plans and why Lockheed Martin looks promising.

Doug Ackerman, the Vice President, Supplier Quality at Boeing Commercial Airplanes, will replace Lund at the end of her term.

These furloughs follow Spirit’s September reduction, which saw 186 pilots furloughed over Labor Day weekend. Spirit Airlines plans to furlough hundreds more pilots next year as the company works ...

CHICAGO, Oct 30 (Reuters) - Spirit Airlines SAVE.N will furlough about 330 pilots on Jan. 31, 2025, a company spokesperson told Reuters, as part of its efforts to cut costs and shore up its ...

Spirit Airlines announced on Thursday that it will furlough 330 pilots at the end of January next year. The canary yellow-branded carrier has been in a coal mine even before a federal judge shot ...

Spirit Airlines is reducing its workforce and selling ... according to unnamed sources familiar with the situation. Also Read: Boeing is reportedly in talks to buy Spirit AeroSystems, its key ...

NEW YORK - Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the budget carrier aims to cut costs amid looming financial struggles and an uncertain future.

NEW YORK -- Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the budget carrier aims to cut costs amid looming financial struggles and an uncertain future.

Spirit said it plans to sell 23 Airbus jets and cut millions in costs ‘primarily by a reduction in workforce’ as it scales back flight capacity Last Updated: Oct. 24, 2024 at 8:14 p.m. ET ...

Spirit Airlines announced that it will sell multiple aircraft and lay off workers as the beleaguered carrier tries to raise cash. In a filing on Thursday with the Securities and Exchange ...

Spirit Airlines has announced layoffs and jet sales amid financial woes. Spirit said in a regulatory filing Thursday that it has identified roughly $80 million of cost-cutting measures that will ...