Particle.news

Download on the App Store

Spirit to Cut November Capacity by 25% as Second Bankruptcy Deepens

The move reflects a pivot to stronger markets with job reductions likely under court supervision.

Overview

  • CEO Dave Davis told employees the November schedule will be about 25% smaller than a year ago, with final details expected next week.
  • Management said staffing levels will be reduced as the airline evaluates fleet size and negotiates with vendors, lessors, and labor unions.
  • Spirit will exit 11 U.S. cities on October 2 and has scrapped a planned Macon, Georgia launch, with 270 pilots furloughed on October 1 and 140 demoted on November 1.
  • United ruled out bidding for Spirit assets, citing roughly $15 million per airplane to reconfigure Spirit’s Airbus jets and gate constraints, as United, Frontier and JetBlue add service in overlapping markets.
  • The carrier refiled for Chapter 11 on August 29 after sustained losses and a going‑concern warning, leaving its long‑term viability in question as restructuring accelerates.