Spirit Airlines announced plans to furlough about 270 pilots this fall as the company continues to find its financial footing after emerging from bankruptcy protection in March.

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Spirit Airlines is furloughing about 270 pilots and demoting another 140 later this year as the budget carrier looks to slim down the workforce and adjust to a slower schedule. “We are taking… ...

Over 400 Spirit Airlines pilots will suffer from the latest round of cost-cutting measures as the company looks to find ways to return to profitability.

Spirit Airlines, which emerged from bankruptcy in March, announced 270 pilot furloughs while the Air Line Pilots Association works on voluntary options.

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Spirit Airlines confirmed plans to furlough pilots and downgrade captains this fall, as the airline prepares to shrink its network in an effort to turn a profit.