On October 31, Gelunhui | A spirit airlines spokesperson stated that about 330 pilots will be on leave until January 31, 2025, as part of efforts to reduce costs and strengthen financial position. Despite strong travel demand, this ultra-low-cost airlines has been operating at a loss. The company has failed to report profits in the past six quarters, leading investors to question its ability to manage upcoming debt repayments. Last month, the airline arranged for 186 pilots to take leave. The spokesperson mentioned that the company will also demote 120 captains to first officers on January 31. In addition, the company plans to reduce capacity by 20% compared to the same quarter last year, and expects capacity to decline by around 15% by 2025.
精神航空将于明年1月安排约330名飞行员休假
Spirit Aviation will arrange about 330 pilots to take leave in January next year.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.