Spirit Airlines Defers Airbus Plane Deliveries, Furloughs 260 Pilots to Boost Liquidity

Spirit Airlines Postpones Airbus Deliveries and Furloughs Pilots

Spirit Airlines announced on Monday its decision to postpone the delivery of new Airbus planes and to furlough around 260 pilots in a bid to enhance its financial stability. CEO Ted Christie stated that the amendment to the agreement with Airbus is a crucial component of their strategy to improve profitability and reinforce their financial position.

Stay tuned for further developments on this breaking news.