Spirit Airlines Table Flights in November says more cuts in jobs may come

CEO of Spirit Airlines Dave Davis The employees have warned that the airline was cutting a quarter of its flight schedule in November, as it restructuring its work in its second bankruptcy in less than a year.

Davis told the employees in the Wednesday note, which was reviewed by Fox Business, that the carrier will reduce his 25 % capacity on an annual basis in November to “improve our network to focus on us The most powerful market”

“The November table reflects major adjustments, along with the ongoing cost efforts amid restructuring,” said Davis, who has led the company since April shortly after its criticism from its first bankruptcy.

Spirit Airlines warns that it may not survive another year

The CEO said that the company is still evaluating the size of its fleet to ensure that it gets the right number of aircraft for its future network, and this is more Job discounts It may be on the horizon.

Davis wrote: “The efforts to reduce costs with suppliers and our sellers, and we will meet with work groups and our business leaders in all our airlines to find additional ways to become a more efficient competitor in the industry,” adding that these assessments will affect the size of the difference as it tries to be a more effective tone.

The CEO’s warning comes after the carrier applied for bankruptcy at the end of August, after an attempt to reorganize a failed reorganization earlier this year. Dun heavier, Spirit First Chapter 11 sought protection in November 2024 after unsuccessful integration talks with Jetblue and Frontier. He came out of the first bankruptcy in March, just to return to bankruptcy only five months.

Davis wrote in an open letter to customers in August that the restructuring process, Chapter 11, will include long -term success for our company so that we can continue to serve our guests in the future. “

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However, a few weeks before the application, the airline has already warned that it may not go through another year, noting concerns about its ability to raise enough money.

The carrier in the file of the Securities and Stock Exchange Committee (SEC) in early August said that it is still affected by “negative market conditions”, including the continued weak demand for travel in the second quarter of 2025.

The transport company also expected to continue to “experience challenges and doubts” in its operations for the rest of 2025.

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At that time, the airline said it is taking certain measures to confront these challenges, such as implementing the excellent economic travel option and selling some of its reserve engines and then renting them to obtain quick funds. The pilots also imposed last month to recover some costs.

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However, this was not quickly earning money to meet the rules set by lenders and credit card processor, according to the file.