Spirit to Slash Flight Capacity by 25%, Cut Jobs

Spirit Airlines will cut jobs and reduce flight capacity by 25% year-on-year in November, deepening struggles for the budget carrier, Gursimran Kaur and Angela Christy reported for Reuters.

Spirit’s ongoing struggles have raised concerns that the era of ultra-low-cost airfares may be ending. (Photo: Spirit Airlines Customer Service Facebook)

The reductions are intended to “optimize our network to focus on our strongest markets,” CEO Dave Davis told employees in a memo seen by Reuters.

“These evaluations will inevitably affect the size of our teams as we become a more efficient airline,” he said.

The number of roles at risk remains unclear. Spirit said it is reviewing the size of its fleet and will meet with union leaders in the coming weeks. CNBC first reported the restructuring plan.

The airline filed for bankruptcy protection last month for the second time in a year, after a previous reorganization failed to stabilize its finances.

Spirit’s ongoing struggles, coupled with a broader industry shift toward premium travelers, have raised concerns that the era of ultra-low-cost airfares may be ending.

On Tuesday, United Airlines said it would not bid for Spirit’s assets if they become available through the restructuring process.