In Spirit Airlines Airbus A320 Taxis at Los Angeles International Airport after his Boston arrived on September 1, 2024 in Los Angeles, California.
Kevin Carter | Getty Images News | Getty images
Spirit Airlines The CEO Davis Davis put the staff on Wednesday for more job cuts and said the carrier planned to reduce his schedule in November to reduce costs for weeks after declaring his second bankruptcy in less than a year.
The airline is planning its November calendar and Davis told employees in a memo, which was examined by CNBC, that they will see a 25% drop in terms of 2024 “because we optimize our network to focus on our strongest markets”.
The carrier’s ability was down compared to the end of the bankruptcy from March to the end of June, and the new cuts indicate how the airline is thinking about its short -term schedule because it seeks to reduce costs. The carrier carrier in difficulty is in negotiations with sellers and landlords, and assesses the size of its fleet, while it tries to shrink to find a more stable base, said Davis.
“These evaluations will inevitably affect the size of our teams as we become a more efficient airline,” Davis wrote in his note to employees. “Unfortunately, these are the difficult calls that we must make to emerge more. We know that this adds uncertainty, and we are committed to keeping you as these decisions are made.”
When they were asked how many of its employees would be affected, Spirit told CNBC in an email: “We have started our unions to discuss the network’s impacts and the fleet adjustments to the members of our team, and we will share more as these discussions are progressing.”
The airline has already announced content and demotions of hundreds of pilots. Some flight agents have already taken unpaid voluntary leaves.
“Although management has not yet indicated that they will seek to make changes to our [collective bargaining agreement]Our bankruptcy lawyers working alongside our AFA legal service are prepared for all the next steps that management can take, “said the union of mind officers on Wednesday, the association of on -board agent agents, the staff will be much more difficult than the last and we must be ready to act to protect our interests as agents.”
Davis said the company also planned to meet the union leaders in airlines in the coming weeks. The airline has already announced content and demotions of hundreds of pilots. Some flight agents have already taken unpaid voluntary leaves.
Spirit, known for its bright yellow aircraft, its weak prices and its countless costs, had been a success, but high costs, travel preferences and increased competition from greater competitors threw the airline. A failed acquisition of JetBlue Airways left the carrier alone.
When the mind emerged from bankruptcy in March, its leaders hoped to find a more stable financial foot. But the carrier has avoided major changes in the process and rather focused on an agreement with its bonds, who exchanged nearly $ 800 million in debt for equity, and it was welcomed after bankruptcy with constantly higher costs and a lower than expected domestic travel request.
He said he had lost almost $ 257 million since March 13, after leaving Chapter 11 in late June.
Earlier this month, Spirit announced the flight cuts to 11 destinations and said that it would not start a 12th as expected, while competitors like United Airlines,, Airlines Frontier And JetBlue Airways have unveiled plans for new flights to try to win Spirit customers.