Airline cost - reduction

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Spirit CEO braces employees for more job cuts as struggling airline will slash flights
CNBC· 2025-09-18 09:02
The airline is planning its November schedule and Davis told employees in a memo, which was reviewed by CNBC, that they will see a 25% cut in capacity over 2024 "as we optimize our network to focus on our strongest markets."Spirit Airlines CEO Dave Davis on Wednesday braced staff for more job cuts and said the carrier plans to slash its schedule in November to reduce costs weeks after declaring its second bankruptcy in less than a year.The struggling discount carrier is also in negotiations with vendors and ...