Business ❯ Aviation ❯ Airline Industry

Corporate Restructuring

Layoffs Bankruptcy Service Changes Staffing Changes

Spirit Plans 365 Pilot Furloughs, Maintenance Closures as Chapter 11 Retrenchment Deepens

Court-approved financing plus an AerCap settlement underpin a drive to cut capacity and costs.

Iceland’s PLAY Shuts Down, Cancels All Flights Worldwide