On Monday, 700 workers begin a 21-day furlough. The strike, which began six weeks ago, has led to a backlog of planes in ...

Both involve not getting a paycheck, but a furlough is temporary Amy Fontinelle has more than 15 years of experience covering personal finance, corporate finance and investing. Amy Soricelli has ...

Sixty-four percent of workers voted to reject the new contract, according to the International Association of Machinists and Aerospace Workers (IAM), the union representing 33,000 Boeing workers ...

It also says a plan to improve liquidity could include layoffs and more furloughs. “The Company will require additional liquidity to continue its operations over the next 12 months,” Spirit ...

WICHITA, Kan. (KSNW) — Spirit AeroSystems will furlough 700 workers for 21 days. The furlough comes as Boeing workers are still on strike. The strike started back on Sept. 13. The furloughs will ...

CHICAGO, Oct 30 (Reuters) - Spirit Airlines SAVE.N will furlough about 330 pilots on Jan. 31, 2025, a company spokesperson told Reuters, as part of its efforts to cut costs and shore up its ...

When Alexis Lafreniere made the jump from the Saint-Eustache Vikings of Quebec’s U18 development league to the Quebec Major Junior Hockey League’s Rimouski Oceanic, the then-15-year-old was ...

Just last month, the ultra-low-cost carrier placed 186 of its pilots on furlough. The beleaguered airline continues to face mounting losses, reporting a net loss of $158 million in the second quarter.

Spirit AeroSystems will furlough about 700 workers to cut costs as the machinist strike at Boeing BA-3.23%decrease; red down pointing triangle continues. The plane manufacturer on Friday said ...

Struggling Spirit Airlines said Wednesday it will furlough hundreds of pilots to cut down costs and bolster its finances. The move comes as the airline continues to lose money despite strong ...