Spirit CEO says airline will slash flights, could cut jobs
After arriving from Boston in Los Angeles, Los Angeles, Los Angeles, Los Angeles International Airport, a Spirit Airlines Airbus A320 taxis at Los Angeles International Airport.
Kevin Carter | Getty Images News | Getty Images
Spirit Airlines On Wednesday, CEO Davis prepared the staff for more business cuts and said the carrier plans to reduce the program in November to reduce costs weeks after declaring the second bankruptcy in less than a year.
Airline is planning the November program and Davis said to employees employees in a note examined by CNBC that they will see over 2024 25% segment, “optimizing our network to focus on our most powerful markets”.
The capacity of the carrier fell to a similar degree from the time of bankruptcy in March until the end of June, and new interruptions indicate how the airline thinks of the short -term program while trying to reduce costs. Davis said that the struggling discount carrier was negotiating with sellers and aircraft renters while trying to shrink himself to find a more stable foundation.
“These evaluations will inevitably affect the size of our teams as these evaluations become a more efficient airline.” “Unfortunately, these are difficult calls to emerge more powerful. We know that this adds uncertainty, and we are determined to hold you as these decisions are taken.”
Davis said the company plans to meet with the union leaders of the airlines in the coming weeks. The airline has already announced the furloghs and demoths of hundreds of pilots. Some flight officials have already received non -voluntary absentee leaves.
“Although the management has not yet specified, [collective bargaining agreement]Our bankruptcy lawyers working with our AFA Legal Department, “Flight Officials-CWA Association Spirit Flight Officer Association, said the staff on Wednesday.” Nevertheless, we must prepare to protect our interests as flight officials. “
The spirit immediately did not comment on Davis’s note.
Davis said the company plans to meet with the union leaders of the airlines in the coming weeks. The airline has already announced the furloghs and demoths of hundreds of pilots. Some flight officials have already received non -voluntary absentee leaves.
The spirit, known for bright yellow aircraft, low wages and numerous wages, was successful but high costs, changed travel preferences and threw the rivalry airline from larger competitors from the course. A failed purchase Jetblue Airways He left the carrier on his own.
When the spirit came out of bankruptcy in March, he hoped to find the leaders more stable financial basis. However, the carrier avoided major changes in the process, and instead, focused on an agreement with the bond holders who exchanged approximately 800 million dollars for the equity and was met with continuous higher costs and weaker internal travel demand after bankruptcy.
He reported that he lost about $ 257 million since March 13 after he left the episode from 11 until the end of June.
At the beginning of this month, Spirit announced to 11 destinations flight deductions and said that it would not start as planned as planned. United Airlines– Frontier Airlines And Jetblue Airways I have announced plans for new flights to try to win Spirit customers.
